$1 Billion in Unclaimed Refunds
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Hello Wealth Builders! One thing life and time have in common is they're going to keep moving forward when you don't feel like it or even can in the moment. What do people say? "Life be lifing!" Sometimes filing your taxes are the least of your concerns while you are juggling other priorities such as your health, loss of a loved one, amongst many other things. Next thing you know, you're 4-5 years behind on filing. Embarrassment and shame start to set in. I'll be the one to tell you:
We've seen an increase in clients who have to file multiple years this year. This is absolutely something we can assist you with, no judgment. If you have multiple years to file, the sooner you file the better. If you owe a balance, the longer you wait the more the penalties and interest will be. The IRS estimated more than $1 BILLION in unclaimed refunds for tax year 2021. If you have a refund due for tax year 2022, you have until April 15, 2026 to file and receive that refund. If someone was due a refund for tax year 2021 and did not file by April 15th of this year, it was forfeited as of April 15th. All refunds not filed and claimed are gifted to the Treasury. You may not apply it to an existing or future balance. It belongs to the Treasury. We are here to make sure you become compliant and help you get all of the money that belongs to you through timely filing and proactive tax planning. All you have to do is schedule an appointment to get started. We are always accepting new tax planning and tax preparation clients. Please feel free to schedule an appointment by clicking the button below:
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January 15th of the new year -
We are always accepting new tax planning and tax preparation clients. Please feel free to schedule an appointment by clicking the button below:
Tax filing is a one time event, but successful tax planning happens year 'round. |
Welcome to the KNK Tax & Accounting Blog
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