Tax Day Deadlines

Business

-197Days -2Hours -45Minutes -8Seconds

Individual

-163Days -2Hours -45Minutes -8Seconds

TAX UPDATES

For weekly tax tips follow our Facebook page @ JMB Tax & Accounting

IRS issues information letters to Advance Child Tax Credit recipients and recipients of the third round of Economic Impact Payments; taxpayers should hold onto letters to help the 2022 Filing Season experience | Internal Revenue Service

Include your Covid home test and PPE equipment in your medical expenses

Child Tax credit increase- 2021-

Personal exemption suspension-2018-2025

20% deduction for qualifying business income- 2018-2025

Standard deduction increase-2018-2025

More Information for individuals & families click here.

The IRS is classifying cryptocurrency as a capital asset.

Virtual Currency- a digital representation of value that functions as a medium of exchange, a unit of account, and a store of value other than representation of the U.S. dollar or a foreign currency.

Cryptocurrency- a type of virtual currency that utilizes cryptography to secure transactions that are digitally recorded on a distributed ledger, such as blockchain. Units of cryptocurrency are generally referred to as coins or tokens.

For more information on virtual currency regulations click here.

JMB
TAX
ORGANIZER

Download

Self
Employed
Organizer

Download

RENTAL
PROPERTY
ADD ON

Download

IRS Witholding Calculator

The Calculator helps you identify your tax withholding to make sure you have the right amount of tax withheld from your paycheck at work.

USE IT HERE

Where’s my refund?

Start checking on the status of your return within 24 hours after we have received your e-filed return.

FIND OUT

Client Engagement Letter

I am pleased to be able to serve you in preparing your federal and requested state income tax returns.

DOWNLOAD HERE

2022 Client Letter

I would like to take this opportunity to thank you for your dedication, support, and loyalty throughout the years.

DOWNLOAD LETTER

CONTACT ME

with any questions you may have.

 

CALL ME:

205-502-7677

ADDRESS:

3100 Lorna Rd
Birmingham, AL 35216

    Our Mission

    JMB Tax and Accounting, LLC is an American accounting firm that is passionate about assisting individuals and small businesses with tax preparation. We also provide consulting services to structure entities and solve tax controversy. Our goal is to save you valuable time and alleviate any stress while accomplishing your accounting goals. We appreciate your business and loyalty.

     

    -John Brown, E.A.