Terra's Tax & Accounting Service LLC

The IRS has begun issuing Economic Impact Payments and I know that many of you have questions about how all of this will play out. Things are happening so quickly and new guidance is being issued daily. If you filed your 2019 taxes and used the Refund Transfer banks to either pay for your tax returns and/or receive a refund advance, your EIP’s will be returned to the IRS, as those banks can not simply forward that money into your accounts. I assume that the IRS will have to ...then issue checks for the returned payments. I have no timeline for any of this. I am still up and running here and will continue to post updates as they become available to me. Please do not call regarding these payments as it is clogging up my phones and making it difficult to speak to clients that are still trying to file taxes. My Refund Transfer Bank has issued the following to help with any unanswered questions. http://email.epsfinancial.net/t/l

Last few batches of W-2’s and 1099’s going out today! Please bare with me, if I haven’t returned your call or message. I didn’t forget ya, I just have a lot to answer!Last few batches of W-2’s and 1099’s going out today! Please bare with me, if I haven’t returned your call or message. I didn’t forget ya, I just have a lot to answer!

Good morning all! I’ve got a bit of information to share with everyone. Sadly, I’ve had to move my office home for a bit. My previous space was a sublet, and I needed to be out of there before I had a chance to secure another space. Since the move happened a bit sooner than expected, I’ve got a bit of set up and organizing to do this week. ... I will be returning calls and emails as they were received, as quickly as possible. I appreciate your patience as I make this transition.

We are closed today for the Home Opener! #letsgoroyals

TCJA summarized!