Marshall Consulting Services LLC

It's ACCRUAL world out there, but we do our best to be AUDIT we can be.It's ACCRUAL world out there, but we do our best to be AUDIT we can be.

Promotional items have changed from calendars, notepads, pens and drink tumblers to face masks... (We still have ALL of the above though ).

Bank product clients

Unbelievable this madness, not just Intuit's part in it but the whole thing with the IRS and Congress!!! Read the entire article.

To all of my tax clients that used a bank product on their most recently filed tax return (2018 or 2019) and received a refund on that year: Many stimulus payments were directly deposited today, April 15. However, the tax banks that provided refund advances to some or that were used to offset upfront payment of fees or to simply provide direct deposit to those without bank accounts, ARE NOT forwarding those payments UNLESS in some cases a reloadable card was issued to you (t...he banks are saying "no" to all but I'm hearing rumors that some did get through somehow). I used Tax Ptoducts Group (TPG) in 2018 and EPS Financial in 2019. Those who received cashier's checks whether for the advance or the full refund will definitely NOT be receiving their direct deposit today, regardless of what the IRS Get My Payment tool states. It's my understanding that the tax banks that provided the refund or refund advance products are automatically returning those payments to the IRS for the IRS to resend out either by check within 15 days or by another bank account being provided online by the taxpayer. FORTUNATELY, the VAST MAJORITY of my clients do NOT use bank products and instead receive direct deposit of their full refunds straight to their accounts. If you are one of these clients, please go to irs.gov/coronavirus/get-my-payment to check the status of your payment. Agsin, if it shows the stimulus payment was deposited today and you used a tax product in part or in full to receive your most recently filed refund for 2018 or 2019, the tax banks are not involved in forwarding the funds to the taxpayers, therefore, it will be returned to the IRS. This is a REALLY bad loophole left open in the distribution process. EVERYONE should have had the opportunity to update their banking info before the first payments were scheduled, yet the tool came out as the first payments were already scheduled and there was no option for the first wave to update their banking information. SMH

Update 3-28-2020: Past due child support ALREADY reported to the IRS will keep you from getting a payment. For now, it is the ONLY offset that will affect your payment receipt. Is your 2018 or 2019 return filed already? If not, let me know and I'll file them for you. Even if you owe taxes or other debt, your stimulus payment WON'T be offset, you'll get it. $1,200 single or Head of Household, $2,400 married filing joint, plus $500 for each child under 17. Income limits apply.... Anyone who earned >$75k (or $150k if married filing joint) in 2018 or 2019 will not qualify for the FULL payment but may qualify for a PARTIAL payment up to $99k (or $198k if MFJ). Affected by sudden unemployment? See below link for details on that plan for assistance.

SPECIAL ALERT REGARDING 2019 TAX PAYMENTS: A 90-Day Extension to Pay taxes normally due on April 15 WITHOUT penalties or interest has been approved for affected taxpayers!!! Please try to file and pay by April 15 if possible. REFUND ISSUANCE is NOT affected by the extension.

MARSHALL CONSULTING SERVICES LLC UPDATE Unfortunately, we must announce that beginning tomorrow, March 17th, 2020, Marshall Consulting Services LLC will be closed to visitors. This decision did not come easily, but we feel it to be our best option in light of the most recent updates on the global health crisis and the proximity of the growing confirmed local cases. We believe it best to be proactive in ensuring the health and safety of both our staff and clients. Unfortunate...ly, we do not yet have a date set for reopening the office. However, we will still be able to provide most services via telephone (678-369-7849), fax (678-731-1492), scan/email ([email protected]) and via e-signatures (Adobe Esign, DocuSign). We appreciate your understanding as we all navigate through this difficult time. Please keep yourselves safe and stay tuned to your local news and CDC updates. See more

Sign up for your monthly office space by March 31, 2020 and get $100 OFF your May or June rental user fee! This sweet deal won't last long...we only have a few units remaining. Claim your unit today and reference code "GHS"! No credit checks! No long-term contracts! No leases!

https://m.facebook.com/groups/235141263343651?view=permalink&id=1272488456275588

MCS Tax Pro Solution is now on Taxaroo! Sign up here to have your taxes prepared by a tried and true professional! Affordable rates, with the average return only $225 out the door!!! Visit us at https://www.taxaroo.com/invite/2978 TODAY!

https://www.fool.com//expecting-a-tax-refund-in-2020-heres