ATMS Springfield

Missouri Exemption 8-28-25

Marissa Black — Thu, 28 Aug 2025 20:33:03 +0000

As of August 28th, 2025 the state of Missouri passed a bill that removed state and local tax on diapers, feminine hygiene, & incontinence products. This bill is automatically applied when purchased, there are no additional forms required to fill out. For the Retailers, you will report the dollar amount sold as a negative adjustment on the sales tax forms. For more detailed information please visit the link below.

https://dor.mo.gov/faq/taxation/business/hygiene-products-exemptions.html

Missouri Proposition A

Marissa Black — Thu, 01 May 2025 20:30:27 +0000

As of August 28,2025 the Missouri Proposition A has been overturned. Any hours worked during the period of 5/1/25 to 8/27/25 are still required to have sick time benefits.

https://labor.mo.gov/faqs/knowledge-base/when-do-employees-stop-earning-paid-sick-time-due-passage-hb-567

Effective May 1, 2025 Missouri law passed Proposition A for paid sick time benefits. Employers that have more than $500,000 in sales/revenue are required for employees to accrue 1 hour of earned paid sick time for every 30 hours worked. Employers with 15 or more employees are required to provide up to 56 hours of earned paid sick time per year. Employers with fewer than 15 employees shall provide 40 hours of earned paid sick time. The link below is the poster provided by the Missouri Department of Labor. ATMS is currently tracking clients that are required and adding these to the payroll.

https://labor.mo.gov/media/pdf/earned-paid-sick-time-ls-121

BOI Filing Update

Marissa Black — Thu, 01 May 2025 19:40:04 +0000

FinCen has come out with a new interim final ruling that ONLY “foreign reporting companies” are required to file the Beneficial Ownership Reporting as of March 2nd, 2025. We will continue to monitor and watch for any new rulings for our clients to have up to date information. Below is the link to the FinCen website for the official information posted. If you have filed the BOI already there is nothing more to do if any information changes at this time, and if you have not filed the BOI there are no penalties or fines for not filing.

https://www.fincen.gov/news/news-releases/fincen-removes-beneficial-ownership-reporting-requirements-us-companies-and-us

Holiday Hours

Marissa Black — Thu, 01 May 2025 19:08:05 +0000

This page will give you up to date information regarding the upcoming holiday hours!

Labor Day: Closed on September 1st, we will resume normal business hours on September 2nd.

Thank you for understanding for the ATMS staff to enjoy time off with their families.

Winter Weather Hours

Marissa Black — Mon, 06 Jan 2025 16:46:20 +0000

With the winter weather being unpredictable, our hours may vary between us being closed or limited hours throughout the day. If the Springfield Public Schools are closed due to weather, ATMS is closed as well. If there is winter weather we recommend calling to verify if we are open or check our Facebook page for up to date information on if ATMS is closed. Some staff work from home on days we close to due weather, if you are needing anything please call the office or email one of us and we will do our best to help with anything you may need. We appreciate you understanding that we want our staff to be safe and hope everyone else is safe as well!

We apologize if this causes any inconvenience!

-ATMS Staff

How to avoid the ‘survivor’s penalty’ before a spouse passes

Suzan David — Mon, 25 Mar 2024 23:01:24 +0000

KEY POINTS

After a spouse dies, the survivor may face higher future taxes when switching to single filer for federal taxes.
But you can minimize the possible tax hit with advanced planning, such as Roth individual retirement account conversions, account ownership and beneficiaries.

Read the article here: https://www.cnbc.com/2024/03/18/how-to-avoid-the-survivors-penalty-before-a-spouse-passes.html

Where is the Stock Market Headed in 2024?

Suzan David — Mon, 25 Mar 2024 22:59:12 +0000

What could the presidential election and ongoing political gridlock mean for your portfolio? Find out with the fact-based analysis in our latest forecast.

Download the guide from Fisher Investments:

https://www.fisherinvestments.com/en-us/campaigns/smo/bc?country=US&PC=APLCG41A3A&CC=AA8E&alleycode=LF&utm_source=Apple&utm_medium=Banner&utm_campaign=Females45+Unknown&utm_content=Stocks&preserveevent=true

Special Offers for 2023 Tax Season!

Suzan David — Thu, 16 Feb 2023 18:35:55 +0000

50% Off – First year tax return! You must present this coupon!

ATMs Beginnings

Suzan David — Thu, 16 Feb 2023 17:01:08 +0000

ATMS was originally founded to cater to small and medium sized businesses in the community. We can do much more than that. Founded in the Ozarks, we are a professional business with a small-town feel. ATMS also serves Marshfield and El Dorado Springs. Our focus is affordability, availability and friendliness in all things we do.

In addition to offering tax preparation for individual filers, we serve businesses that don’t have enough work to employ a full time accountant or bookkeeper to fulfill their needs or the budget to cover the cost of a large accounting firm or full time CPA. We offer a more affordable option. We have a menu of services we provide, and each business has the options to choose the services they need. We offer payroll, financial statements, invoicing and billing, payroll taxes and sales taxes, as well as management services that include setting up your new business, LLC and corporation set-up, SBA loans and much more. We have an IRS enrolled agent to settle any tax disputes or IRS issues.

We have tons of giveaways at the women’s show, including several beautiful baskets filled with items relating to a theme. We make car wash baskets, coffee baskets, movie baskets, health and beauty baskets and many more. You might catch the boss lady handing out Andy’s gift cards to kids. Stop by our booth to see the other giveaways we will have and meet our friendly, professional staff!

IRS Still Has Backlog of 21.3 Million Tax Returns

Suzan David — Fri, 24 Jun 2022 18:10:15 +0000

On June 22, National Taxpayer Advocate Erin M. Collins released her statutorily mandated midyear report to Congress. The report expresses concern about continuing delays in the processing of paper-filed tax returns and the consequent impact on taxpayer refunds. At the end of May, the agency had a backlog of 21.3 million unprocessed…

To view the update go here: https://www.cpapracticeadvisor.com/tax-compliance/news/21272012/irs-still-has-backlog-of-213-million-tax-returns