January 01, 2025
Dear Client:
It is that time of year once again! Although there were a few tax provisions that took effect in 2024 due to the SECURE 2.0 Act of 2022, and the Inflation Reduction Act of 2022, there was no new tax legislation enacted during the 2024 tax year. However, we do anticipate substantial new tax legislation enacted after the Trump administration takes office in January 2025.
We appreciate your trust in us to provide your tax and advisory services. Our professional staff trains throughout the year and has access to the very latest technology, and once again will be ready to provide you with the quality of service you desire and deserve. We appreciate your continued business with our firm.
We encourage you to visit our website at https://www.bticpa.com/organizers to access several important summary checklists of information that will help us properly prepare your tax returns, and to learn about legislative changes. Please read and complete these forms as accurately as possible. They should be completed and brought to us with your other tax information. Your help in providing us with complete information, including birth dates, current mailing address, current phone numbers, current email addresses, and information on any dependents, is necessary and appreciated.
Please submit your information before March 20th to help avoid the need for an extension. If you are missing only an item or two, please send what you have when it is assembled, noting what is missing, and submit the missing information to us as soon as you receive it.
Our profession requires engagement letters for tax preparation. One will be sent with your tax return. Please sign and return it to us.
We offer an e-signature option that conforms with IRS requirements for electronically signing Form 8879 (IRS e-file Signature Authorization form) to enhance our customer service. You can receive your tax return electronically and also sign it electronically while saving a PDF copy.
Most tax returns must be filed electronically; therefore, we must have you review a copy of your tax return and return the signed approval form (Form 8879) to our office before we can transmit the return to the IRS. Return the signed Form 8879 to our office in a timely manner and before April 10, 2025. Please do not mail your tax return to the I.R.S. unless you complete another form to “opt-out” of electronic filing.
If you have not filed your 2023 tax return yet, please provide us with the information as soon as possible. Please see the IRS news release on the next page regarding the 2023 and 2024 extended deadlines due to the hurricanes.
We wish you a happy and prosperous new year!
Very truly yours,
Bunting, Tripp & Ingley