Just a reminder that tomorrow, 4/20/2013 is the last day to timely file returns that were previously rejected. Also, be sure not to cause undue alarm to your clients that are getting refunds; there is no late filing penalty for filing a return after 4/15 if you are claiming a refund!  

Today I received an email, claiming to be from the IRS, stating that there was an additional sum of money to be refunded.  As a tax professional, I know I did my taxes right, but for those unaware of the system or too trusting of emails, this could be incredibly detrimental. Remember that the IRS […]

Just a friendly reminder that tax season will NOT be extended even though it began late. You will have until April 15th, which is next Monday, to file your taxes or file an extension. Remember that if you paper file, your return must be postmarked by the 15th to be considered “timely,” and filing an […]

Beginning in March 2013, you can track your IRS amended return status using a new web or toll-free application. Go to IRS.gov and click on “Where’s My Amended Return,” or call 1-866-464-2050. With either application, you will need to provide the following information: Your Taxpayer Identification Number (usually SSN), Your date of birth, and Your […]

If you don’t have all your ducks in a row, don’t worry too much. You can always file a corporate return extension, BUT remember that filing an extension does not give you more time to pay what you owe. Penalties and interest will accrue, and those amounts are nothing to joke about. Corporate tax returns […]