Taxpayer Protection and Preparer Fraud Prevention Act of 2013
Over the past few years we’ve seen the number of cases of fraud go from an occurrence that happened to “someone we know” to something that you can’t avoid reading or hearing about. It’s happening to hundreds of thousands of people in many different forms, but one of the most common forms in the tax […]
IRS Closing for 5 days Due to Furloughs
Due to budget cuts and sequestration, the IRS will be closing down all of its operations for 5 days, one at a time, from now to August. This will include all operations, including the call centers. The goal is to save money on utilities and man-power on slower days. Keep in mind that the IRS […]
1 More Day to Timely File Rejected Returns
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!
Happy End of the Tax Season!
Happy 4/15! Today is April 15th, and the last day to timely file tax returns for your clients. There are a few things to keep in mind as we pass the filing deadline. Rejected returns have until 4/20/2013 to be fixed and get accepted, and will still be considered “Timely Filed”. The IRS and state […]
It’s Begun! Beware of Fake IRS Emails!
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 […]