Tax Scams and Consumer Alerts.
Jan23

Tax Scams and Consumer Alerts.

Thousands of people have lost millions of dollars and their personal information to tax scams. Scammers use the regular mail, telephone, or email to set up individuals, businesses, payroll and tax professionals.   The IRS doesn’t initiate contact with taxpayers by email, text messages or social media channels to request personal or financial information. Recognize the telltale signs of a scam. ¬† Account On Us¬†offers many...

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IRS waives penalty for many whose tax withholding and estimated tax payments fell short in 2018
Jan19

IRS waives penalty for many whose tax withholding and estimated tax payments fell short in 2018

The Internal Revenue Service announced today that it is waiving the estimated tax penalty for many taxpayers whose 2018 federal income tax withholding and estimated tax payments fell short of their total tax liability for the year.   The IRS is generally waiving the penalty for any taxpayer who paid at least 85 percent of their total tax liability during the year through federal income tax withholding, quarterly estimated tax...

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Account On Us can Help While Most IRS Operations are Closed.
Jan16

Account On Us can Help While Most IRS Operations are Closed.

Due to the lapse in appropriations, most IRS operations are closed during the shutdown. An IRS-wide furlough began on December 22, 2018, that affects many operations. During this period, the IRS reminds taxpayers that the underlying tax laws remain in effect, and all taxpayers should continue to meet their tax obligations as normal. Individuals and businesses should keep filing their tax returns and making payments and deposits with...

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Key Information for Taxpayers on the 2018 Filing Season.
Jan16

Key Information for Taxpayers on the 2018 Filing Season.

The IRS has announced that the 2019 filing season will begin on Jan. 28, 2019, for individual taxpayers. The IRS began accepting business tax returns (non-1040 series) on Jan. 8. Taxpayers should keep several things in mind during this challenging period: File electronically. The IRS will accept paper and electronic tax returns, but taxpayers are urged to file electronically to speed processing and refunds. Tax refunds. Refunds will...

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Do You need help in QuickBooks?
Jan13

Do You need help in QuickBooks?

Certified QuickBooks experts known as ProAdvisors are accountants, small business advisors or consultants who have been tested and certified on QuickBooks.       Certified ProAdvisors help businesses customize QuickBooks for their unique needs and help them get the most out of the software. ProAdvisors are also a great resource if you run into trouble with QuickBooks. For questions on ProAdvisor fees simpy contact our...

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Account On Us Tax Warn Employers to Beware of Form W-2 Scam; Tax Season Could Bring New Surge in Phishing Scheme
Jan11

Account On Us Tax Warn Employers to Beware of Form W-2 Scam; Tax Season Could Bring New Surge in Phishing Scheme

Account On Us urge all employers to educate their payroll personnel about a Form W-2 phishing scam that made victims of hundreds of organizations and thousands of employees last year.   The Form W-2 scam has emerged as one of the most dangerous phishing emails in the tax community. During the last two tax seasons, cybercriminals tricked payroll personnel or people with access to payroll information into disclosing sensitive...

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