The President signed the tax extenders bill today which extends many expiring deductions and credits. Due to the lateness of this Bill it is likely that the IRS will delay processing of tax returns again this year.
There has been an ongoing telephone scam for a while and we would like to take a moment to warn you.
The scammers have been calling taxpayers acting as IRS agents. The scammers give fake names and IRS badge numbers, tell the taxpayer that they owe back taxes and then threaten the victims with legal action, arrest, or even deportation. The scammers then try to persuade the victims to pay over the phone. Be warned! “The IRS will always send taxpayers written notification of any tax due via the U.S. mail. The IRS never asks for credit card, debit card or prepaid card information over the telephone” (“IRS Reiterates Warning”). If you receive any communication other than a letter from someone claiming to be an IRS agent do not give them any information! Please contact us if you receive any IRS communication to verify the authenticity of said communication.
Please help to spread this information and shut these scammers down!
For more information on this scam please visit the follow articles on IRS.gov:
Remember your Corporate Return is due March 17, 2014.
Remember the time to plan for year end taxes is the fourth quarter while you have time to plan and execute your year end tax strategy.
With the shutdown of the government, the Internal Revenue Service is operating on a skeleton staff. All amended returns, refunds, and correspondence processing will be delayed. You can expect long delays on all these types of issues.