This is a good one! The IRS creates the “Where’s my Refund” link on their website; now they tell people not to use it! Actually it appears that people are checking the site so frequently it is overloading it. See this in Accounting Today by Michael Cohn for more tips and details:http://www.accountingtoday.com/news/IRS-Asks-Preparers-Taxpayers-Limit-Use-Wheres-My-Refund-Tool-65707-1.html?ET=webcpa:e6706:204199a:&st=emailActually the IRS is right: check the site in the evening and know that it probably won’t change until the next day. If you check too often you will overload the system and cause the government problems. (No one wants to cause the IRS problems, do they?) Remember, 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
CPA Tax Musings: Six Places To Stash Your Tax Refund
Well, when you finally get that tax refund, what are you going to do with it? (Vacation, car, Vegas?) Well here are some ideas from Ashlea Ebeling in Forbes:http://www.forbes.com/sites/ashleaebeling/2013/02/12/six-places-to-stash-your-tax-refund/?ss=personalfinancePersonally I like the idea of using some of the money in either a Roth or Traditional IRA. Saving for retirement is never a bad idea.Remember, 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
CPA Tax Musings: 5 Tax Breaks On the Chopping Block
This article in MarketWatch by Jonnelle Marie discusses five tax breaks that may get more attention in the future as Congress still wrangles with closing the federal deficit:http://www.marketwatch.com/story/5-tax-breaks-on-the-chopping-block-2013-02-05?link=SM_hp_ls4eDespite the gloomy forcasts, I still doubt that these breaks will go away altogether, but they may be limited. More exciting adventure to come on the tax front!Remember, 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