Much of the IRS' activity involving audits and the tax court was interrupted during the government shutdown, which means:
- There's a backlog they'll now be working through.
- Deadlines were likely missed with no workers to process requests.
- Live and... https://t.co/u4ML7KIPhI
Too bad there wasn't anything *interesting* on TV last night.
Don't get us wrong -- great night for Patriots fans, but for everyone else ... not so much? Even the commercials left us yawning. Was it just us?
Today's the big day, everyone. The IRS begins accepting your 2018 returns today. Here's what you need to know for this year's filing... https://t.co/ZlYri6D85M
While it is good news that tax refunds will go out despite the government shutdown, the bad news is that taxpayer support from the IRS will be next to nothing. For self-filers facing an entirely new tax code, this is not the year to go it alone. This... https://t.co/6fl6gR9sNc
If you know you're going to owe the IRS this year an amount that you can't pay...
You should still file your tax return. If you don't, you'll get hit with a failure to file penalty (plus interest) and have to pay them even more.
Would you do us a favor?
As conversation turns to taxes in the next couple of months with your friends, coworkers and family, we'd be grateful for your recommendation. We're always looking to grow and win more clients just like you. Thank you (in advance) for your referral! :)
Lots of business owners have been contacting us as of late with a similar question:
Can I take the new 20% deduction for qualified business income?
These questions will help you determine that answer for your business. https://t.co/rlyVHXEkeH
The IRS just announced that tax season will open on Monday, January 28th and that refunds WILL still be issued, despite the government shutdown. https://t.co/sJtrsqggDU
Lots of 2019 predictions floating around out there right now. But before you get too caught up in what the "experts" think, remember what those same experts said not so very long ago...
"I think there is a... https://t.co/GBkRDbwfC0
With the government shutdown still in full effect, here is what the IRS will NOT be doing, until a new budget deal is reached:
- No tax refunds issued
- No processing of forms 1040X, amended returns
- No non-automated collections
- No audit or... https://t.co/wFbN6QPb3A
A last-minute checklist for some items you should consider BEFORE year end (that's in four days, BTW)...
1) Double-check withholding and estimated taxes.
2) Evaluate where you are with charity giving.
3) Be... https://t.co/LsfVDBEHaJ
In a season when it's easy to get carried away in the "more", perhaps we can pause to be grateful for what we already have ... and remember those who do not have so much. https://t.co/Wsx2rcuIwi
Whether or not the government partially "shuts down" this week or not, your 2018 tax filing shouldn't be affected. Tax refunds, however, could be delayed from the reduction in resource and staff. We'll keep you updated as to how this all plays out. https://t.co/WFCqyRbNnY
We'd like to help you figure out if there are things we can do NOW to help you prepare for 2019 by having you answer a few short questions. Watch our video here to see if any of these situations apply to you. You... https://t.co/sD6NLgqhFi
If you haven't yet voluntarily declared your offshore accounts, you're now staring at big penalties. Here is the declaration process (and how to stop accruing interest).
And know that we are here to help https://t.co/8t8OEntiuZ
If you owe less than $25K in back taxes, you have the option of paying off your debt in 60 months or less via an installment agreement with the IRS. There are other qualifications related to your past tax... https://t.co/FTOqxcG9Tu