Category Archives: All Posts

Form 1095 for Healthcare

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, … Continue reading

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More on extending the Extenders (Bipartisan Budget Act of 2018)

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. … Continue reading

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Health Insurance – IRS Form 1095

Health Insurance – IRS Form 1095   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 … Continue reading

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Extenders: What if you already filed your 1040, and these “renewed” extender items affect you?

What if you already filed your 1040, and these “renewed” extender items affect you? Give us a call.   Feb. 9, 2018 The IRS is reviewing the legislation signed Feb. 9 that retroactively extended and modified numerous tax provisions covering … Continue reading

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For those who need an auto diary, take advantage of our MileIQ promo code

To take advantage of our MileIQ promo code: SCLO715A   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, … Continue reading

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IRS Advisory: Prepaid Real Property Taxes May Be Deductible in 2017 if Assessed and Paid in 2017

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 … Continue reading

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IRS Alerts Payroll and HR Professionals to Phishing Scheme Involving W-2s

IR-2016-34, March 1, 2016 WASHINGTON — 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 … Continue reading

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Government Spells Out the New Social Security Rules

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. The agency issued an emergency message … Continue reading

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PA 529 College Plan – (800) 440-4000

For your PA 529 College Plan, we’ve been asking for your year-end statement showing the calendar year contributions. Apparently, that statement only shows your contributions for the last quarter of the calendar year.   You can get the info that we need … Continue reading

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Auto log/diary

IRS requires this, to document your auto / mileage expenses. pro-auto-mileage  

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The Tax Organizers Are Coming Next Week – Get out your Driver’s License!

Your Tax Refund May Take Longer, But at Least You’ll Get It More security to combat increased identity theft threatens to delay processing this year. Last year’s income tax season was marked by an explosion of refund theft. Will this … Continue reading

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