This Quarter’s Topics

• Mileage
  
  
• Delays
  
  
• Notices
  
  
• Extensions

   

MILEAGE

The IRS has announced a mid-year mileage change.  For the first six months of 2022 the mileage rate has been 58.5 cents per mile.  Beginning July 1 and for the remainder of 2022 the mileage rate is 62.5 cents per mile.  In addition, the medical and moving mileage rate has been updated.  It was 18 cents per mile for the first half of 2022 and beginning July 1 it was raised to 22 cents per mile. 

YOU HAVEN’T GOTTEN YOUR REFUND?

Yes, the IRS still is behind. There still is a backlog of unprocessed tax returns as well as other pieces of correspondence.  The IRS is asking that you not call to check on your tax return, and that you DO NOT refile your return unless asked to do so.  We are receiving several calls each week from those of you still waiting for returns to be processed.  The IRS has a goal of processing the backlog of 2020 tax returns by December, 2022.  As far as the 2021 tax returns…the only word at this point is that processing will not be complete until at least 2023.  Until your return is processed the “Where’s My Refund” website will not have any information.

IRS/STATE NOTICES

If you receive a notice from the IRS or state changing your return, please contact us ASAP.  Most of the time the change made is incorrect and we can help you get the mistake corrected.  PLEASE do not wait until you send us your information for the following year to send us copies of notices.  By that time the window of time to respond has closed.

STILL NEED TO FILE

If you filed a request for an extension then you must file your taxes by October 15, 2022.  Outside of tax season we have reduced staff and tax preparation takes longer to complete.   We need to receive your tax preparation materials by September 15^th so that we have time to prepare and mail them back by October 15^th.

Sincerely in Christ,

James W. Rickard

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