2015 Tax Letters
My annual tax letter should be in the mail today. Bet you can't wait.
IRS Error Re: IP PIN Letters
Some taxpayers will receive Identity Protection PIN letter with an incorrect year listed. IP PIN CP01A Notices dated January 4, 2016 are for 2015 returns filed in 2016.
Antiquated IRS Systems Put Taxpayers at Risk
Antiquated IRS systems put taxpayer info at risk
Appearing yesterday before the Senate Finance Committee, IRS Commissioner John Koskinen said the agency is unable to defend itself against increasingly sophisticated cyber attacks, such as the recent hack into its Get Transcript app, adding that antiquated IT systems put taxpayer data at risk. He suggested that speeding up timelines for employers to submit wage and tax statements to the IRS - known as W-2’s - would help to combat refund fraud, and also urged Congress again to fully fund the White House’s latest budget request, which includes $101m for IT security. Committee Chairman Orrin Hatch (R-UT) stated “Put simply, your agency has failed these taxpayers”, and said discussions about the agency’s funding should be delayed until the cause of the breach could be determined. Inspector General J. Russell George also testified, and said that security recommendations made by TIGTA would have made it “much more difficult” to hack the IRS’ systems. Mr Koskinen said details of an IRS agreement with tax preparation companies should come next week, on short-term solutions to protect information. Meanwhile, in an op-ed for USA Today, Sen. John Boozman (R-AR), chairman of the Senate Appropriations subcommittee, accuses the IRS of “failing to adapt to today’s fiscal realities” by blaming budget cuts for deficiencies in the service it provides to taxpayers, while simultaneously paying over $60m in bonuses to employees.
Wall Street Journal New York Times Washington Post SFGate USA Today
Extra Filing Days in 2016
I just learned that the tax deadline for the 2015 filing season will be Monday, April 18th. I don't know if that is good or bad. Oh, boy!
ACA - 1095's
The 1095's for the American Care Act are not expected to be mailed until February 15th. However, if you have your HHS login and password, the 1095's can be printed out starting today.
Start of Tax Season is January 20th.
The IRS will begin accepting efiled tax returns on January 20th. Let the fun begin!!!!
REMINDER: October 15th Deadline
Please remember that October is the deadline for 2014 personal tax returns on extension. Call for your appointment to get them taken care of.
What to do if you get an IRS Notice
First of all call me. Secondly, do NOT ignore it. It will not go away.
What to do if You Get a Notice from the IRS
Each year the IRS mails millions of notices. Here’s what you should do if you receive a notice from the IRS:
1. Don’t ignore it. You can respond to most IRS notices quickly and easily. And it’s important that you reply promptly.
2. IRS notices usually deal with a specific issue about your tax return or tax account. For example, it may say the IRS has corrected an error on your tax return. Or it may ask you for more information.
3. Read it carefully and follow the instructions about what you need to do.
4. If it says that the IRS corrected your tax return, review the information in the notice and compare it to your tax return.
If you agree, you don’t need to reply unless a payment is due.
If you don’t agree, it’s important that you respond to the IRS. Write a letter that explains why you don’t agree. Make sure to include information and any documents you want the IRS to consider. Include the bottom tear-off portion of the notice with your letter. Mail your reply to the IRS at the address shown in the lower left part of the notice. Allow at least 30 days for a response from the IRS.
5. You can handle most notices without calling or visiting the IRS. If you do have questions, call the phone number in the upper right corner of the notice. Make sure you have a copy of your tax return and the notice with you when you call.
6. Keep copies of any notices you get from the IRS.
7. Don’t fall for phone and phishing email scams that use the IRS as a lure. The IRS first contacts people about unpaid taxes by mail – not by phone. The IRS does not contact taxpayers by email, text or social media about their tax return or tax account.
For more on this topic visit IRS.gov. Click on ‘Responding to a Notice’ at the bottom left of the home page. Also see Publication 594, The IRS Collection Process. You can get it on IRS.gov or call 800-TAX-FORM (800-829-3676) to get it by mail.
Additional IRS Resources:
• Tax Topic 651 - Notices – What to Do
• Tax Topic 652 - Notice of Underreported Income – CP-2000
• Tax Topic 653 - IRS Notices and Bills, Penalties and Interest Charges
Memorial Day Weekend
I will be out of the office Thursday, May 22nd, through Monday, May 26th, for the Memorial Day Weekend holiday. Have a fun and safe weekend, and let's remember those who have gone on before us.
New Phishing Scam
FROM THE IRS: New Email Phishing Scam: "Update Your IRS E-file"
The IRS has been alerted to a new email phishing scam. The emails appear to be from the IRS and include a link to a bogus website intended to mirror the official IRS website. These emails instruct taxpayers “to update your IRS e-file immediately.” The emails mention USA.gov and IRSgov, though notably, not IRS.gov (IRS-dot-gov). These emails are not coming from the IRS. Visit Tax Scam/Consumer Alerts for more information.
Things on my Agenda
I am still busy working on extended tax returns, 1st quarter payroll, property tax returns, and non-profit tax returns. All in good time.
2013 Tax Year Filing Season
Another tax season has come and gone. We had issues with the weather, parking, and clients that couldn't find my office. Other that that, it went pretty smoothly. I love being able to see outside and to watch the donkey babies playing in the field.
Information Concerning Drop-Offs
I will not be able to guarantee the completion of returns that are dropped off after March 31st. There is only so many hours in the day and appointments take up most of them. I can do extensions if requested.
IT'S ALMOST TIME FOR MY SPRING BREAK!!!!!
My Florida trip is fast approaching. The rest of my family is already enjoying the mild temperatures of Siesta Key Beach which is near Sarasota, Florida. I fly down on Wednesday, the 26th, and will return to the office on Monday, March 31st. A little R & R before the last big rush. Jane will be available if any help is needed.
Watch out for Tax Scams!
IR-2014-5, Jan. 23, 2014
WASHINGTON — With the start of the 2014 tax season approaching on Jan. 31, the Internal Revenue Service urged taxpayers to be aware that tax-related scams using the IRS name proliferate during this time of year.
Tax scams can take many forms, with perpetrators posing as the IRS in everything from
e-mail refund schemes to phone impersonators. The IRS warned taxpayers to be vigilant of any unexpected communication that is purportedly from the IRS at the start of tax season.
The IRS encourages taxpayers to be on the lookout for phone and email scams that use the IRS as a lure. The IRS does not initiate contact with taxpayers by email to request personal or financial information. This includes any type of electronic communication, such as text messages and social media channels. The IRS also does not ask for personal identification numbers (PINs), passwords or similar confidential access information for credit card, bank or other financial accounts. Recipients should not open any attachments or click on any links contained in the message. Instead, forward the e-mail to email@example.com.
Additional information on how to report phishing scams involving the IRS is available on the genuine IRS website, IRS.gov.
In addition, the IRS continues to aggressively expand its efforts to protect and prevent refund fraud involving identity theft as well as work with federal, state and local officials to pursue the perpetrators of this fraud.
The IRS offers several suggestions for taxpayers to help protect themselves against scams and identity theft:
• Don’t carry your Social Security card or any documents that include your Social Security number (SSN) or Individual Taxpayer Identification Number (ITIN).
• Don’t give a business your SSN or ITIN just because they ask. Give it only when required.
• Protect your financial information.
• Check your credit report every 12 months.
• Secure personal information in your home.
• Protect your personal computers by using firewalls and anti-spam/virus software, updating security patches and changing passwords for Internet accounts.
• Don’t give personal information over the phone, through the mail or on the Internet unless you have initiated the contact and are sure of the recipient.
For more information, see the special identity theft section on IRS.gov and IRS Fact Sheet 2014-1, IRS Combats Identity Theft and Refund Fraud on Many Fronts.
Taxpayers also should be very careful when choosing a tax preparer. While most preparers provide excellent service to their clients, a few unscrupulous return preparers file false and fraudulent tax returns and ultimately defraud their clients. It is important to know that even if someone else prepares your return, you are ultimately responsible for all the information on the tax return.
Refer to our Tips to Help you Choose a Tax Preparer for the upcoming 2014 Tax Season starting Jan. 31.
We are ready to E-File!
I received word from my software people that we can now e-file 2013 tax returns. They will hold them until the IRS is able to accept them on January 31st. Let the fun begin!
W-2 and 1099 Information
Don't forget to get me your information for W-2's and 1099's that I need to prepare for you. The due date is January 31st.
First Day to E-File
The first day that we can e-file a 2013 tax return is January 31st.
Ooops!!! Wrong phone number!
I had a senior moment and put my home phone number as my office number on the tax letter. Oh, my! The correct number is 765-544-2373.
Tax Letters have been mailed.
Jane and I completed the tax letters and they were mailed on Saturday, January 4th. Please contact me if you did not receive one.
Getting ready for the move!
I am getting ready for the move...one bag of "stuff" at a time. We hope to move filing cabinets one night this week and the other furniture this weekend. Everything is ready, just waiting on the strong backs.
2012 Return Deadline - October 15th
Remember that the deadline to timely file 2012 returns that are on extension is this Tuesday, October 15th. Even though the IRS is "closed", all returns and payments are still due. Refunds, of course, will be delayed.
October 15th - Extensions Deadline
Don't forget that this Tuesday, October 15th, is the deadline to timely file 2012 tax returns that were on extension. Even though the IRS is "closed", all returns and payments are due the 15th. Refunds, of course, will be delayed.
New Internet Service
I have learned that the new high-speed internet service will be installed on October 10th. That will be a huge improvement over what we now have.
The IRS Is Currently Closed
Please open this document for more information.
Work in Progress
My website is a work in progress as well as my new office. I hope to be moved in by November 1st.
JILL A CRIM E.A.
3705 N 775 E
Manilla, IN 46150