IRS Shutdown

During the longest partial government shutdown in U.S. history, many IRS operations are inactive.  About 70,000 IRS employees are furloughed (87.5% of its workforce), and most of those who are still on the job are working without pay. Despite the shutdown the IRS is open for filing season beginning on January 28, 2019.   Tax refunds […]

Real Estate Property Tax Deduction

A taxpayer is eligible to take an itemized tax deduction for real estate taxes paid during the tax year.  Whether a taxpayer itemizes their tax return deductions or takes the standard deduction depends on which one will give the taxpayer the greatest tax benefit. In order for the taxpayer to be eligible to take the […]

Tax Appointment

Tax Practitioner’s often receive questions about what to bring to a tax appointment.  We like when taxpayers bring their tax documents in early in the season.  Attached is an organizer to give you some ideas of what you will need:  Individual Organizer Tax Pros love to see last years filed tax returns.  There are several elements […]

Use of Last Pay Stub Prohibited

Authorized IRS e-file Providers are prohibited from submitting electronic returns to the IRS prior to the receipt of all Forms W-2, W-2G, and 1099-R from the taxpayer.  The IRS has good reasons to prohibit the use of a taxpayers last pay stub in lieu of the actual W2. Taxpayers are reasonable to expect that their […]