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Firm 2025 Updates and Announcements

As we welcome the new year, we want to keep you informed about a few updates to our policies and processes. These changes are designed to ensure the best service for you and to maintain the security and efficiency of our operations.

WEB PORTAL CLIENTS:

  • Portal Document Retention: Beginning January 1, 2025, we’ll be introducing a new document retention policy.

  • New Documents: Starting in January, files uploaded to the portal will remain available for 6 months from the upload date before being automatically removed.

  • Removal of Older Documents: Throughout 2025, we’ll also be gradually removing files currently in the portal that are older than 6 months.

  • What You Need to Do: If you have important documents, such as past tax returns, that you haven’t downloaded yet, we encourage you to save them before January 1. Please feel free to reach out if you need assistance downloading your files.

TAX RETURN CLIENTS:

  • To ensure a smooth filing process, all tax preparation fees must be paid in full before your return is electronically filed or mailed to the IRS and state tax agencies.

BOOKKEEPING CLIENTS:

  • A $25 late fee per month will apply for documents received after the standard due date (the 15th of the month following the reporting period).

  • Exceptions: We understand that some delays may be out of your control, such as documents from credit card companies or banks arriving late. Exceptions will be reviewed and applied on a case-by-case basis.

2024 1099 REPORTING PROCESS:

  • To ensure efficient and accurate filing of your 1099-MISC and 1099-NEC forms with the IRS, we kindly request that you visit the Services tab on our website at www.CPAConsultingServices.com. There, you will find step-by-step instructions and the necessary forms to complete the process. This year all submitted names must be accompanied by a W9.

We appreciate your understanding and cooperation as we implement these changes. Our goal is to continue providing excellent service while protecting your personal information and streamlining our workflow.

If you have any questions or concerns about these updates, please don’t hesitate to contact us. We’re here to help!

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