Stay up to date with the newest IRS tax tips

The IRS has recently posted that they will begin a new summer time series of tax tips.

Check out their website and news subscriptions for the latest and greatest in the world of tax.

https://www.irs.gov/uac/newsroom/sign-up-for-irs-summertime-tax-tips-2016

Sign Up for IRS Summertime Tax Tips

IR-2016-95, June 30, 2016

WASHINGTON — The Internal Revenue Service today encouraged taxpayers interested in receiving helpful consumer tips this summer to get a jump-start on this year’s taxes by subscribing to the IRS Tax Tips email service.

Beginning July 1, the IRS will begin offering its Summertime Tax Tip series, which includes useful information in English and Spanish. Tax Tip subscribers will receive a new Tip via email three times a week during July and August. They will also get a Tax Tip each weekday during the tax filing season. The IRS also issues Special Edition Tax Tips on important tax topics throughout the year.

IRS Tax Tips are plain language messages that are easy to understand and cover a wide range of topics. They often include links to helpful IRS.gov references, IRS YouTube videos and podcasts.

Summertime Tax Tip topics include:

  • Phone scams
  • What to do if you receive an IRS notice
  • Check your withholding
  • Back-to-school – Education credit reminders
  • Identity theft
  • Moving expenses

Taxpayers can sign up to receive IRS Tax Tips automatically through a free service on www.irs.gov. From the Subscriptions link on the top right of the IRS website, choose “IRS Tax Tips” on the drop-down menu, and then click on “Subscribe.” Click on “more,” on the drop-down menu, to subscribe to the IRS Tax Tips in Spanish.

The IRS also has a number of other e-subscriptions to which taxpayers, tax professionals and others may subscribe to receive tax information via email from the IRS during the tax-filing season and the rest of the year.

Follow the IRS on New Media
Subscribe to IRS Newswire

Mark your calendars – July due dates for business owners

Business clients we know that this is a busy time for you, and staying on top of your due dates is a key task. We have prepared a list of upcoming due dates and will continue to update our website, Facebook and Linkedin pages so you have a heads up!

Payroll Deposits

Semi-weekly payers with payroll this Wed-Fri, your payroll deposits are due Tuesday 07/12/16
Monthly depositors – due 07/15/16
Quarterly depositors – due 07/15/16

Payroll Tax Forms:

Form 941/944 – due 07/30/16
FL RT6 – due 08/01/16

Sales Tax Forms

Monthly filers by mail – due 07/20/16
Monthly filers e-file – due 07/19/16
Quarterly filers by mail – due 07/20/16
Quarterly filers by e-file – due 07/19/16

Be sure to mark your calendars and stay on top of your filing dates. If you need help filing your forms, please give us a call at ATS – Bradenton 941-708-5300 and ATS-Ellenton 941-722-0470!

Update on the current Efile and Eservices outage reported by the IRS

Just a quick note – the IRS experienced a computer problem yesterday that has caused some of the IRS efile and eservices systems to be shut down.

We can still electronically file your returns, but they will be held by the service center until the issue is resolved. The IRS is still expecting that all efiled returns with refunds will be processed within the 7 to 21 day window.

For more information visit www.irs.gov

Have you verified your tax return preparer?

Have you verified that your tax return preparer is an Annual Filing Season Participant, Enrolled Agent, Certified Public Accountant or Attorney? If not, you should and here are some important reasons why.

Enrolled agents with the IRS, Certified Public Accountants and Attorneys have unlimited representation rights to practice before the IRS. This means when you receive an IRS love letter, these designated individuals can help to represent you in front of the IRS. Including but not limited to issues regarding your taxpayer account, prior year filings, offers and compromise, installment agreements and audits. These individuals have completed extensive testing and continuing education to show competency in various areas of tax, accounting and law to give them the rights to practice before the IRS.

The Annual Filing Season Program is a new voluntary program with the IRS that allows unenrolled tax preparers to take continuing education courses on an annual basis. This continuing education includes new changes in tax law, limited representation rights and filing requirements for businesses and individuals. These individuals have completed a minimum of 18 hours of continuing education and have shown their due diligence to acquire limited representation rights for the returns that they have prepared and signed.

Choosing the right tax preparer is key to ensuring that your tax preparer has IRS good practices understanding, is knowledgeable and up to date on current tax law changes that impact your annual filing.

You can verify your tax preparers current status by searching their name in the IRS directory.

http://irs.treasury.gov/rpo/rpo.jsf

Don’t trust your tax preparation and information security to just anyone, find some one who has done their due diligence, completed their tax law updates and has taken the time to be recognized by the IRS for their efforts.

We have two offices to serve your income tax preparation and accounting needs

Ellenton –
Tonya VanFossen, EA
Chadwick Corey, AFSP Certificate of Completion

Bradenton –
Tarah Van Fossen, AFSP Certificate of Completion, SEE EA Exam passed

Mark your calendars – January due dates for business owners

Business clients we know that this is a busy time for you, and staying on top of your due dates is a key task. We have prepared a list of upcoming due dates and will continue to update our website, Facebook and Linkedin pages so you have a heads up!

Payroll Deposits

  • Semi-weekly payers with payroll this Wed-Fri, your payroll deposits are due Tuesday 01/12/16
  • Monthly depositors – due 01/15/16
  • Quarterly depositors – due 01/15/16

Payroll Tax Forms:

  • Form 941/944 – due 01/30/16
  • Form 940 – due 01/30/16
  • W2’s for employees – due 01/30/16

Sales Tax Forms

  • Monthly filers by mail – due 01/20/16
  • Monthly filers e-file – due 01/19/16
  • Quarterly filers by mail – due 01/20/16
  • Quarterly filers by e-file – due 01/20/16

Be sure to mark your calendars and stay on top of your filing dates. If you need help filing your forms, please give us a call at ATS – Bradenton 941-708-5300 and ATS-Ellenton 941-722-0470!

Stay tuned for more deadlines as we work through this busy tax season!