As we approach the end of January and those W-2s start arriving in the mail, it’s a good time to get ahead of the due dates and deadlines for filing this year. Get all the information for your tax season calendar here.
Recently, two clients notified Business Bookkeeping Services of a Bank of America phone scam that included the caller requesting the last four numbers of the client’s Social Security (SS) number. One client shared the SS numbers, resulting in bank accounts being compromised. The frightening part is that the client’s caller ID came up as “Bank of America”. Click the article link to learn what you should do if you get a call, and how to avoid falling prey to phone scams. If You Get This Call From Bank of America, Hang Up Immediately
As the “clean” vehicle market continues to expand, tax rules regarding incentives and credits are subject to changing EPA and commerce legislation. The articles below spell out the latest requirements, and explain Form 8936, for claiming clean vehicle credits.
There has been a lot of news recently about checks being stolen from the mail and “washed” or sold to the highest bidder on illegal websites. This article from the IRS website linked below is evidence of the efforts being made to prevent check theft and mail fraud within the organization.
U.S. Postal employee and two co-conspirators are arrested for $24 million stolen check scheme.
Here are a few things to remember as you are collecting the information you need to file your taxes.
The best way to insure speedy processing is to make sure you provide your tax preparer with all the necessary information and totals, but keep your receipts handy at home!
