Important Updates Regarding COVID-19
We are currently taking steps to minimize the risk of transmission of the novel coronavirus. At this time we will remain open, continue to prepare tax returns, and accept new clients however we do ask that clients minimize trips into the office. During this time, Lora Lea will be working from home. She will continue to prepare taxes, return phone calls, and respond to emails. Jake and the rest of the staff will continue to be available over the phone, and through email. We would like to encourage all of our clients to consider using our secure online portal to send and recieve documents, sign your tax return, and pay for tax preparation. Please see our Portal page for more information. If the portal is not an option, you can call us at (309) 944-3290 to discuss other options. If you have documents to drop off, we have placed envelopes and tote bags inside the front door to place your documents in. Please write your name and phone number on the envelope, and place your documents in the basket provided. We will give you a call to gather updated information for the year, and ask any questions we may have regarding your documents. Thank you for your patience and understanding during this time.
We have been fielding a lot of questions recently regarding the economic impact payments (EIP) - the $1200 stimulus checks. If you normally don't file a return, give us a call and we can help you get your information to the IRS in order to receive your payment. If you normally do file, but your banking information is not on your most recently filed return, the IRS has an application called Get My Payment that is available on irs.gov to provide the IRS with this information for direct deposit of your EIP. This application can be found here. Give us a call or email firstname.lastname@example.org if you would like us to help you make sure the IRS has your direct deposit information.
Filing Deadline Extension
The IRS and the states of Illinois and Iowa have extended the filing deadlines. Federal and IL returns and payments are now due on July 15th, 2020. IA returns and payments are now due on July 31st, 2020. We will continue to efile as early as possible to prevent refund delays. Federal estimated tax payments for 1st and 2nd quarters are now due on July 15th. IL and IA estimated tax payment due dates have not changed.