American Tax Service
Welcome!
American Tax Service is a locally owned business and has been servicing the Janesville area since 1990. We specialize in both personal and business income tax preparation along with offering small business payroll and bookkeeping services. We are open year round to assist our customers needs. We are an "Essential Business" (payroll and accounting for many local businesses) and we have remained open and continue to be OPEN for Business to service our clients with Income Tax and Accounting Services. Our office follows all CDC and local health department guidelines - mask wearing, sanitizer everywhere, regular cleaning of surfaces throughout the day. The Safety and Well-Being of our staff and clients are of upmost importance.
IMPORTANT TAX NOTICE !!
The IRS will be sending important tax letters to taxpayers in December 2021- January 2022.
Taxpayers should watch for the following three letters from the IRS. Put these letters with your W-2's and other tax documents and bring them in when you get your taxes done. The information on these letters are needed to accurately prepare your 2022 income taxes.
1) IRS Letter 6419 - Total Advance Child Tax Credit Payments: If you have children and received Advance Child tax Credits in 2021, this letter will tell you the exact amount that you received. SAVE THIS LETTER!
2) IRS Letter 6475:- Your 2021 Economic Impact Payment (EIP) : Anyone who received the 3rd Stimulus Payment last year, beginning in March 2021 ($ 1,400 each for taxpayer, spouse and every dependent), or a portion if your income was above the AGI thresholds), will receive this letter that will tell you exactly how much you received. We need this letter to reconcile the 3rd EIP Payment on your tax return. SAVE THIS LETTER !!
3) IRS form 1095-A - Health Insurance Marketplace Statement: If you received subsidized health insurance from the Health Insurance Marketplace in 2021, you will receive this document from the Marketplace. SAVE THIS LETTER !!
STILL WAITING FOR YOUR 2019-2020 REFUNDS ??
Millions of other tax payers are in the same boa.t, if that makes you feel any better. As of June 25th, 2021 the IRS had a backlog of 16.7 million 2019 and 2020 individual tax returns that require MANUAL processing by agency employees. Some of these are paper returns and others were suspended during electronic processing and need further review. Unfortunately, there is not much that a taxpayer or their tax preparers can do about these delays. But the are reasons for some hope! The IRS expects to complete the processing of the 2019 Forms 1040 that were mailed in sometime this summer and continue to process the 2020 tax returns. Please be patient and DO NOT CALL THE IRS or AMERICAN TAX SERVICE as there is nothing we can do to hurry up the process.
Taxpayers should watch for the following three letters from the IRS. Put these letters with your W-2's and other tax documents and bring them in when you get your taxes done. The information on these letters are needed to accurately prepare your 2022 income taxes.
2) IRS Letter 6475:- Your 2021 Economic Impact Payment (EIP) : Anyone who received the 3rd Stimulus Payment last year, beginning in March 2021 ($ 1,400 each for taxpayer, spouse and every dependent), or a portion if your income was above the AGI thresholds), will receive this letter that will tell you exactly how much you received. We need this letter to reconcile the 3rd EIP Payment on your tax return. SAVE THIS LETTER !!
3) IRS form 1095-A - Health Insurance Marketplace Statement: If you received subsidized health insurance from the Health Insurance Marketplace in 2021, you will receive this document from the Marketplace. SAVE THIS LETTER !!
STILL WAITING FOR YOUR 2019-2020 REFUNDS ??
Millions of other tax payers are in the same boa.t, if that makes you feel any better. As of June 25th, 2021 the IRS had a backlog of 16.7 million 2019 and 2020 individual tax returns that require MANUAL processing by agency employees. Some of these are paper returns and others were suspended during electronic processing and need further review. Unfortunately, there is not much that a taxpayer or their tax preparers can do about these delays. But the are reasons for some hope! The IRS expects to complete the processing of the 2019 Forms 1040 that were mailed in sometime this summer and continue to process the 2020 tax returns.
practice areas
Income Tax Preparation Services
American Tax Service
* Prepares the Federal income tax returns along with all 43 States that require income tax returns for
individuals and small businesses.
* American Tax Service tax professionals are available all year, as our office is open all 12 months of the
year. So we can assist our clients with tax questions, tax issues that might arise throughout the year and
income tax planning and projections.
* American Tax Service includes Free Electronic Filing of your income tax returns.
* Preparing and Filing of All Amended Income Tax Returns.
* Has some of the LOWEST fees in the area. (See our Tax Return Preparation Fees under the Service's Tab).
Payroll Services
Which part of PAYROLL do you dread?
*Figuring taxes?
*Paying taxes on time?
*Filling out all the forms?
*Writing the payroll checks?
Keeping up with all the changes?
AMERICAN TAX SERVICE'S "Small Business Payroll Package"
can give your business the advantage of a computerized payroll service.
Our Small Business Payroll Package is a complete payroll service with No Extra or Hidden charges.
We do it ALL for one LOW PRICE!
Our Payroll Package includes:
* Computerized payroll checks with your company name
including employee stub with YTD wage information.
*Computes all Federal, State and FICA withholding taxes.
*Deducts insurance and contributions.
*Preparation of all required Federal and State wage reports for timely filing.
*Preparation of annual W-2 statements for your employees.
*Furnishes monthly and quarterly payroll tax data.
Instant access to employee file and payroll information.
Confidential service.
*Payroll Preparation is Our Specialty !!
*Figuring taxes?
*Paying taxes on time?
*Filling out all the forms?
*Writing the payroll checks?
Keeping up with all the changes?
AMERICAN TAX SERVICE'S "Small Business Payroll Package"
can give your business the advantage of a computerized payroll service.
Our Small Business Payroll Package is a complete payroll service with No Extra or Hidden charges.
We do it ALL for one LOW PRICE!
Our Payroll Package includes:
* Computerized payroll checks with your company name
including employee stub with YTD wage information.
*Computes all Federal, State and FICA withholding taxes.
*Deducts insurance and contributions.
*Preparation of all required Federal and State wage reports for timely filing.
*Preparation of annual W-2 statements for your employees.
*Furnishes monthly and quarterly payroll tax data.
Instant access to employee file and payroll information.
Confidential service.
*Payroll Preparation is Our Specialty !!
Small Business Bookkeeping Services
American Tax Service offers the following Bookkeeping Services
to our Small Business Owner
* Posting all Incomes and Expenses
* Accounts Receivables and Accounts Payable Processing
* Acquiring Federal & State Employer Tax Numbers
* Preparing Financial Statements
to our Small Business Owner
* Posting all Incomes and Expenses
* Accounts Receivables and Accounts Payable Processing
* Acquiring Federal & State Employer Tax Numbers
* Preparing Financial Statements
- Notary Public Services are also offered at American Tax Service.
