CPA Tax Musings: IRS Scammers Net $14 Million from 3,000 Victims

A little more on the IRS Impersonation Phone Scams: nearly 290,000 contacts reported since October 2013.  Nearly 3,000 victims netting 14 million dollars in debit cards and wire transfers.  See more on this in this article from Accounting Today by Michael Cohn: http://www.accountingtoday.com/news/irs-watch/irs-scammers-net-14-million-from-3000-victims-73385-1.html As I have said before (and I cannot stress this enough), the IRS doesn’t call you for anything except to confirm an tax audit date or to return a call by you to a particular revenue agent on a case in process.  The Service doesn’t email demands for payment and doesn’t threaten sending the police and then demanding payment by debit card or wire transfer (things that are hard to trace.)  If you are contacted by one of these groups, the IRS has a link on its website telling taxpayers what to do in this situation.  Here is the website link: http://www.irs.gov/uac/Newsroom/IRS-Repeats-Warning-about-Phone-Scams     For financial,  accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net   Phone: 818-317-6035   Website: www.briantstonercpa.com Android and the IPhone: Has been Featured On https://twitter.com/bstonercpa    

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Tax Musings of a Burbank CPA: Six Tips on Who Should File a 2014 Tax Return

Well, it is time to file taxes with the IRS.  Who actually should file?  See this post by the Service on Tax Return Tips: http://content.govdelivery.com/accounts/USIRS/bulletins/eaf3a4?reqfrom=share Even if you don’t have the income requirements to have to file a tax return, there may be reason to file anyway, especially if you qualify for additional cash refunds from the government. With the new health care premiums, you may still have to file if you under or overestimated your income when you applied for the health care rebates (you may be due an additional rebate or owe some of that back.)     For financial,  accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net   Phone: 818-317-6035   Website: www.briantstonercpa.com  Android and the IPhone:    Has been Featured On   https://twitter.com/bstonercpa    

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Burbank CPA Musings: IRS.gov kicks off tax season and offers Obamacare advice

Well, the day is here!  The IRS is starting to accept tax returns for processing, both individual and businesses.  Also they are giving advice on the new forms that need to be filed to cooperate with the Affordable Care Act (Obamacare for short), mainly the 8965 and 8962.  See this article in the Christian Science Monitor by Kevin Drawbaugh of Reuters for more details: http://www.csmonitor.com/Business/Latest-News-Wires/2015/0120/IRS.gov-kicks-off-tax-season-offers-Obamacare-advice If you received a health insurance subsidy through one of the exchanges, you will also be receiving a form 1095-A from the exchange by early February (obviously you have to wait for this form before filing your taxes this year, just like you have to wait for 1099s and W2s.)  But tax season is starting on time – let’s have a party!  You can get more information through the IRS’ website, www.irs.gov.   For financial,  accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net   Phone: 818-317-6035   Website: www.briantstonercpa.com Android and the IPhone: Has been Featured On https://twitter.com/bstonercpa      

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