Plan now to use Health Flexible Spending Arrangements in 2019.
Nov18

Plan now to use Health Flexible Spending Arrangements in 2019.

The Internal Revenue Service today reminded eligible employees that now is the time to begin planning to take full advantage of their employer’s health flexible spending arrangement (FSA) during 2019.   FSAs provide employees a way to use tax-free dollars to pay medical expenses not covered by other health plans. Because eligible employees need to decide how much to contribute through payroll deductions before the plan year...

Read More
Get Ready for Taxes: For many, time is running out to avoid a tax-time surprise; Check withholding, make estimated payments now.
Nov15

Get Ready for Taxes: For many, time is running out to avoid a tax-time surprise; Check withholding, make estimated payments now.

Many taxpayers, at risk for having too little tax withheld from their pay, can avoid a surprise year-end tax bill by quickly updating the withholding form they give to their employer, according to the Internal Revenue Service.   Although the tax reform law, enacted last December, lowered tax rates for most taxpayers, it also nearly doubled the standard deduction and limited or discontinued many deductions, among other changes. As...

Read More
For Tax Year 2017, e-file closes on Nov. 17; After that, disaster victims, others need to file on paper.
Nov12

For Tax Year 2017, e-file closes on Nov. 17; After that, disaster victims, others need to file on paper.

The Internal Revenue Service today reminded people, including those in disaster areas, who want to file a 2017 tax return electronically to do so by Saturday, Nov. 17, 2018. Filing of paper tax returns will remain available after that date. IRS Modernized e-file, the system that processes electronically-filed individual returns, will shut down after Nov. 17, enabling the IRS to perform annual maintenance and to reprogram the system...

Read More
Get Ready for Taxes: Here’s How the New Tax law Revised Family Tax Credits.
Nov12

Get Ready for Taxes: Here’s How the New Tax law Revised Family Tax Credits.

More families will be able to get more money under the newly-revised Child Tax Credit, according to the Internal Revenue Service.   This is the third in a series of reminders to help taxpayers get ready for the upcoming tax filing season. Additionally, the IRS has recently updated a special page on its website with steps to take now for the 2019 tax filing season.   The Tax Cuts and Jobs Act (TCJA), the tax reform...

Read More
We Customize Your Payroll to Suit your Needs.
Nov08

We Customize Your Payroll to Suit your Needs.

Account On Us payroll services can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment and preparation of tax returns. We customize your payroll to suit your needs by offering any/any/all the following:   Direct deposit of payroll checks Hard copy checks that you can access by various methods. Call for details Payroll...

Read More
IRS, Security Summit Partners Warn of New Twist on Phone Scam; Crooks Direct Taxpayers to IRS.gov to “Verify” Calls
Nov04

IRS, Security Summit Partners Warn of New Twist on Phone Scam; Crooks Direct Taxpayers to IRS.gov to “Verify” Calls

The Internal Revenue Service today warned of a new twist on an old phone scam as criminals use telephone numbers that mimic IRS Taxpayer Assistance Centers (TACs) to trick taxpayers into paying non-existent tax bills.   The IRS and its Security Summit partners – the state tax agencies and the tax industry – urge taxpayers to remain alert to tax scams year-round, especially immediately after the tax filing season ends. Even after...

Read More