IRS Waives Diesel Fuel Penalty in Florida Due to Hurricane Irma.
Sep11

IRS Waives Diesel Fuel Penalty in Florida Due to Hurricane Irma.

The Internal Revenue Service (IRS), in response to shortages of undyed diesel fuel caused by Hurricane Irma, will not impose a penalty when dyed diesel fuel is sold for use or used on the highway in the state of Florida. This relief is effective as of Sept. 6, 2017.  Consistent with the Environmental Protection Agency (EPA) waiver for Florida regarding use of Non-Road Diesel Locomotive and Marine Fuel, this relief will remain in...

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As Hurricane Irma Threatens, IRS Urges Taxpayers to Prepare for Hurricanes, Floods and Other Disasters.
Sep08

As Hurricane Irma Threatens, IRS Urges Taxpayers to Prepare for Hurricanes, Floods and Other Disasters.

For September’s National Preparedness Month, the Internal Revenue Service is offering advice to taxpayers who may be affected by storms, fires, floods or other disasters. After the devastation of Hurricane Harvey and with Hurricane Irma threatening parts of the U.S. and Caribbean, the IRS reminds taxpayers that the agency is here to help, including offering a special toll-free number to taxpayers in federally-declared disaster areas...

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Tips For Preparing For Hurricane For Taxpayers.
Sep04

Tips For Preparing For Hurricane For Taxpayers.

With Hurricane Irma looming, Account On Us and the Internal Revenue Service today offered advice to taxpayers who may be affected by these types of storms, as well as other natural disasters. The we also want taxpayers to know that the agency is here to help, including offering a special toll-free hotline to people in federally declared disaster areas, staffed with specialists trained to handle disaster-related issues. Don’t Forget to...

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Divorce Or Separation May Affect Taxes.
Aug25

Divorce Or Separation May Affect Taxes.

Taxpayers who are divorcing or recently divorced need to consider the impact divorce or separation may have on their taxes. Alimony payments paid under a divorce or separation instrument are deductible by the payer, and the recipient must include it in income. Name or address changes and individual retirement account deductions are other items to consider.   IRS.gov has resources that can help along with these key tax tips: Child...

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How Does the IRS Contact Taxpayers?
Aug04

How Does the IRS Contact Taxpayers?

  When the IRS needs to contact a taxpayer, the first contact is normally by letter delivered by the U.S. Postal Service. The IRS doesn’t normally initiate contact with taxpayers by email, nor does it send text messages or contact through social media channels.   Depending on the situation, IRS employees may first call or visit with a taxpayer. In some instances, advance notice is provided in writing via a letter or...

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How Should I Choose A Tax Preparer?
Jul13

How Should I Choose A Tax Preparer?

Before paying someone to do your taxes make sure they are qualified. Ask about their fees, experience, and training. Check with Better Business Bureau. Avoid any Tax Preparer who promises a higher refund. Always review your tax return before you sign it… and make sure your Tax Preparer signs it too.   Feel free to contact us to assist you in the right direction. Please contact Osceola County’s most trusted accounting service, tax...

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