HT2 CLIENT NEWSLETTER
2022 Q1 TAX CALENDAR: KEY DEADLINES FOR BUSINESSES AND OTHER EMPLOYERS
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2022. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. READ MORE HERE
NEW IRS ONLINE IDENTIFICATION PROCESS

In mid-November, the IRS launched a new process for taxpayers to more securely access online services such as:

  • Child Tax Credit Update Portal
  • Online Account
  • Get Transcript Online
  • Get an Identity Protection Pin
  • Online Payment Agreement

When accessing the services listed above, taxpayers will be asked to sign in with an ID.me account. Taxpayers who already have IRS usernames may continue to use their credentials from the old system to sign in until summer of 2022 but are prompted to create an ID.me account as soon as possible. Anyone with an existing ID.me account from the Child Tax Credit Update Portal or from another government agency can sign in with their existing credentials.

To verify their identity with ID.me, taxpayers must provide a photo of an identity document such as a driver's license, state ID, or passport, they'll also need to take a selfie with a smart phone or a computer with a webcam. Once their identity has been verified, they can securely access IRS online services.
REMINDER --ALL W2'S AND 1099'S 
MUST BE FILED BY JANUARY 31, 2022
HT2 2022 FEE REMINDER
As you are no doubt aware, the accounting and tax industries are highly regulated and regulations continue to increase. We appreciate your understanding as we implement changes that will help us to serve you better. In the last few years, we have made many efforts to keep our billing rates at current levels with little increase. Like many other businesses in California, we have been significantly impacted by increases in salaries, software costs, health insurance, and every other business operating expense. In order to maintain our quality and high standards, we must increase our fees in this highly competitive market. We anticipate the cost of our services to be 10 to 20% higher in 2022 than in 2021 if there are no major changes in the services you were provided. We are looking forward to continuing our relationship with you and recognize that you have a choice and have placed your financial affairs in our hands.
NEW TO HT2!
ALEX AMELA

Alex loves living in North County San Diego and currently resides in Cardiff. Alex graduated from Western Washington University with a BA in Accounting and from Chapman University with a Masters in Accounting. He recently passed the California CPA exam and plans to grow his career at Hamilton Tharp! In his free time, Alex enjoys doing yoga, going for walks, cooking, and staying active with sports. He’s excited to serve the community as a CPA!
NEWS YOU CAN USE
Pay your HT2 invoice HERE
HT2 Resources Page - We publish articles there too! READ MORE HERE 
2021-2022 Tax Planning Guide READ MORE HERE
Taxpayers should be on the lookout for new scams  READ MORE HERE
E-signature for individual tax returns available to our clients VIDEO PRESENTATION