Kohutek and Company, PC

01/22/2025

We are thrilled to share that our accounting firm has been voted PLATINUM- the BEST in our community for 2024! Thank you for supporting us!

https://abilene.communityvotes.com/2024/08/financial/accountants?

12/23/2024

https://www.aicpa-cima.com/resources/landing/beneficial-ownership-information-boi-reporting?fbclid=IwZXh0bgNhZW0CMTEAAR0GMy3xGJJS6HbH8aIoFN8h2kpb30TROcYT94FAeBaQIOMWxaYxgHAeJmc_aem_6Pzbd-1q6WMlVm-nZVbdgQ

11/22/2024

Hefty Penalties Possible if Beneficial Ownership Reporting is Not Filed by 12-31

Do you have an LLC, Partnership, S-Corporation or other entity? Have you filed the beneficial ownership of this entity to comply with the Corporate Transparency Act? If not, you could face up to a \$500 PENALTY PER Day!!!!

01/18/2024

We have the new website up and running. I appreciate all the hard work and time that went into this.

Why Choose Kohutek + Company Kohutek + Company is a boutique accounting firm that places a strong focus on individual client attention and fostering solid, long-term client relationships. With over 20 years of experience, Kohutek + Company offers expertise in public and private accounting for busine...

01/09/2024

January 29 for personal returns
January 16 for business returns

06/13/2022

Due to high gas prices, effective 7/1/22 the standard business mileage rate will change to $0.625 cents/mile! Please track your mileage before and after this date if deducting mileage for your tax return.

IR-2022-124, June 9, 2022 — The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain oth...

02/11/2022

02/11/2022

We’re all settled in our new offices (same building). Come by and say hello to Michelle!

01/10/2022

January 24th is the beginning date to file tax returns as well as other reminders and tips below.

IR-2022-08, January 10, 2022 — The IRS announced that the nation's tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns.

01/04/2022

A few things to watch for from the IRS: letters regarding your Economic Impact Payments and Recovery Rebate and regarding the Advance Child Tax Credit Payments. Your tax preparer will need these documents!

COVID Tax Tip 2021-187, December 16, 2021 — The IRS encourages taxpayers to get informed about topics related to filing their federal tax returns in 2022. These topics include special steps related to charitable contributions, economic impact payments and advance child tax credit payments.

06/17/2021

Changes on the horizon! We’re expanding and moving one floor up soon.

02/22/2021

April 15 deadline pushed back to June 15.
https://www.irs.gov/newsroom/irs-announces-tax-relief-for-texas-severe-winter-storm-victims?fbclid=IwAR0x3Gnp_vWG4PPG4xoLmITzqYm4lCCYEwz8rpusrb3gGwLvL0YiDSlm8E4

TX-2021-02, February 22, 2021 — Victims of winter storms that began February 11, 2021 now have until June 15, 2021, to file various individual and business tax returns and make tax payments, the IRS announced today.