Integrity CPA Services, LLC

⚠️ Announcement ⚠️

​If you do not currently receive your refund via direct deposit or some other electronic method (such as a debit card), you will soon need to make plans to facilitate an electronic refund. 💸

Why❓- The IRS plans to transition to electronic payments for tax refunds, focusing on individual and business filers by 2️⃣0️⃣2️⃣6️⃣ following a Trump administration executive order. ​

What if I don't report any banking information❓- The IRS will contact individuals who do not provide banking information on their tax returns, allowing them to update their details online. ​ Refunds will be held for six weeks if taxpayers do not respond to requests for banking information, after which they will be processed without interest. ​

🤓 Future Plans and Considerations - The agency notes they will also address issues related to rejected direct deposits, which occur approximately 800,000 times annually, focusing on causes like incorrect account numbers. ​ Ongoing updates to guidance may occur as the IRS learns from the digital transition efforts. ​

Source:

tax.thomsonreuters.com

Wishing the happiest birthday to our team rockstar, Jessica Stone! I hope you have the very best day today, and thank you for all you do for the firm and all of us Waddell’s in general 😂♥️ You truly are the best!

The office is closed today due to ongoing construction of the new roof. We may not have power/internet for an unspecified period of time, so to avoid any disruption in work, we’ll be working from home. Please email me or use the client portal to communicate with me if you have any questions or concerns today. Thank you!