This has been an intense tax season.
For those of us in the tax professional community, there have been emails, message board postings and blog posts flying about the difficulties that many have been facing with regards to all of the additional paperwork called for in the ACA (“Obamacare”) regulations — not to mention the normal round of new tax law changes that we saw.
Read MoreI’ve heard rumors that (for some unknown reason) many people don’t like to file taxes?
It appears that most folks do NOT like to fill out reams of paperwork only to finally discover how much money they are really giving to the IRS!
This, of course, is why we work so hard — to make this process as painless as possible,
Read MoreSpring has officially sprung and we’re working like busy bees on client tax returns these next few weeks before April 15th, and I would like to say: if you have not yet done so, we need to get your information to complete your return as soon as possible.
This has been a very busy season … so as much as you can enable us to do our work on your behalf,
Read MoreBrackets, brackets, brackets.
Depending on when you read this, you may have already filled yours out (or it may already be busted!). Billions fly around every year (probably much of it not reported on Form W-2G!), and it’s become a huge part of this season, as you no doubt know.
You know what else is a big part of this season?
Read MoreI wrote this piece a couple months ago to my business clients and colleagues, whom I keep in touch with outside of these “Personal Strategy Notes”, and I felt that as we turn the corner into March (and we’re staving off the lions, hoping for lambs), it was something that ALL of my contacts should hear.
It’s about how we process the world around us.
Read MoreAs I’m sure you’ve heard me say before, it’s a good idea to check the accuracy of those tax statements you receive in the mail.
Well, on Friday the 20th (Friday afternoon being the perfect time for dumping this junk into the media), those of us who were paying attention found out that almost 1 million taxpayers who purchased Obamacare health insurance (the Affordable Care Act) don’t have to bother —
Read MoreThe tax world was roiling late last week over some fraud detected from within TurboTax.
Here is the story: http://onforb.es/1DNkQot
Essentially, the makers of the software detected a level of fraud occurring in state tax return submissions that made them decide to completely shut down submission of those returns for a period of time. Eventually, they determined that the apparent source of the fraud was outside of their system,
Read MoreWe’re knee-deep in tax forms and legal documentation this week (with a nice little dash of healthcare forms thrown in, new for this year). Our families miss us (though apparently, according to the commercial last night, all will be forgiven if I purchase my child a Nissan Maxima), and we’re still in the first quarter of OUR yearly Super Bowl.
Read MoreFor us here at The Dubrow Group, CPA’s … well, things are heating up. Tax documents are trickling out (organizations have until Monday, Feb. 2 to send everything your way), electronic filing of returns became possible last week (we’ve already filed more than a few!) … and our phone has begun to ring with regularity [(818) 889-7285 in case you need it].
Read MoreNow is around the time when things begin to really crank for us around here. It’s the week which the IRS is opening up actual e-filing (as of Tuesday, the 20th), and many people have received all of their paperwork necessary for completing their returns.
But there’s also a temptation that I hope you’ll resist. Sadly, my writing this could easily be seen as self-serving,
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