Scott Killen - Killen & Associates

IRS sets January 23 as the official start of the 2023 tax filing season

4 months ago 1 min read IRS tax preparation

Source: IRS News Release IR-2023-05 The Internal Revenue Service announced Monday, January 23, 2023, as the beginning of the nation's 2023 tax season, when the agency will begin accepting and processing 2022 tax

Understanding the difference between standard and itemized deductions

4 months ago 2 min read IRS tax preparation standard deduction itemized deduction

Source: IRS Tax Tip 2023-03 One of the first decisions taxpayers must make when completing a tax return is whether to take the standard deduction or itemize their deductions. Several factors can influence

Ringing in 2023

5 months ago 1 min read

Happy New Year! In preparation for tax season, we recommend that you establish your taxpayer account at irs.gov if you have not already. We look forward to seeing you in this new

IRS: Hurricane Ian victims in the Carolinas qualify for tax relief; Oct. 17 deadline, other dates extended to Feb. 15

8 months ago 3 min read IRS tax preparation extension

Source: IRS Tax Tip 2022-173 Hurricane Ian victims throughout North Carolina and South Carolina now have until February 15, 2023, to file various federal individual and business tax returns and make tax payments,

IRS Online Accounts

8 months ago 1 min read IRS clients

Source: IRS Tax Tip 2022-153 We strongly recommend taxpayers establish their IRS online accounts. An IRS online account makes it easy for people to get the tax planning info they need quickly. With