Most of the 1095 Healthcare forms should have been mailed out to you, by now. Please include them with your drop-off’s and mail-in’s. As you know, On Friday, there was a terrific winter storm affecting our power grid. In the middle of a tax appointment, the lights...read more
Last week, we had about a dozen clients “on hold” (because of missing 1095’s for Healthcare coverage). We are now up to almost 3 dozen.read more
Form 1095 for Healthcare We started asking for this form from everyone, before finalizing tax return completion, because in the past: 1. a couple of clients signed off on our Tax Organizer that they had healthcare coverage when they didn't, and/or 2. some clients did...read more
Bipartisan Budget Act of 2018 Source: TheTaxBook News - Release Date: 2/12/2018 Cross References: H.R. 1892 On February 9, 2018, the President signed into law H.R. 1892, the Bipartisan Budget Act of 2018, which extends federal funding for the government. The law also...read more
Again this year, there is an extension for Forms 1095-B and -C, this time to March 2, 2018, (originally due a month earlier on 1/31/2018). The IRS extension applies ONLY to Forms 1095-B and 1095-C. Forms 1095-A are supposed to be out by now.read more
What if you already filed your 1040, and these “renewed” extender items affect you?
Give us a call.read more
How to: Redeem your Promo Code
IMPORTANT: Promo codes are currently only redeemable from the MileIQ website.
(Unfortunately, promo codes cannot be entered in the mobile app, and as such, cannot be applied, or the difference refunded, later – we apologize for any inconvenience.)
IRS Advisory: Prepaid Real Property Taxes May Be Deductible in 2017 if Assessed and Paid in 2017 IR-2017-210, Dec. 27, 2017 WASHINGTON - The Internal Revenue Service advised tax professionals and taxpayers today that pre-paying 2018 state and local real property taxes...read more
The Internal Revenue Service today issued an alert to payroll and human resources professionals to beware of an emerging phishing email scheme that purports to be from company executives and requests personal information on employees.read more
Boomers who are in their sixties, tune in: The Social Security Administration has finally issued official guidance on the phase-out of two popular claiming strategies, and if you qualify, you need to act quickly.read more