Don’t make the same mistakes twice!
Don’t make the same mistakes twice!
Every year, the early tax season chatter begins. Will there be any changes to the child tax credit this year? I heard I can’t claim my son because he turned 17? Are they still giving $1,000 per child? My son went to college this year, can I still claim him?
As the season matures, the questions change? I received this K-1 from an energy company and don’t understand what all these letters mean? Or we sold a second home, what will the tax implications be? I inherited money from my mom’s estate, will that be taxable as income? Of course it all depends.
You absolutely need to make sure the tax return is done right or else you’ll receive that dreaded IRS letter. And if you do, call me and i can assist you. It’s often not as bad as it appears and sometimes it’s simply not correct and can be easily amended.
Tax laws change every year and can be very confusing. You need to speak with an experienced professional. In the event you are not confident on your own or unhappy with your large and impersonal national preparer, Please contact me.
For questions, you can all (860) 657-3236 and ask for Mark Pappa or email me at email@example.com
By Thomas R. Nash, CFCI
It is that time of the year again when we begin to gather our documents in preparation for completing our tax returns. Fraudsters and scam artists know this and rest assured, they have been working diligently to figure out ways to obtain our personal identifying information (PII) and access to our financial information.
The first rule to remember is: “The IRS does not send out unsolicited e-mails regarding tax returns, financial information or any personal identifying type of information. This includes any type of electronic communication such as text messages and social media. The IRS won’t ask and won’t discuss any personal tax matters by e-mail. There are recent reports of tax payers receiving an e-mail requesting completion of an “updated version” of a W-2 Form, the form most employees receive reporting their wages and taxes withheld.
The second rule to remember is: If the sender’s address does not end in “.gov” the e-mail is not from the IRS.
The scammers are clever and may even use the IRS logo to make the e-mail look “real.” Some have other signs indicating they are frauds such as misspellings and bad grammar.
Recipients of these e-mails are cautioned against clicking on or opening any attachments as often there are viruses or Malware attached that will infect your computer. The e-mail should be either deleted or forwarded to firstname.lastname@example.org.
The last rule to remember is: If you have questions or need specific information, go to IRS.gov for current information.
Thomas R. Nash, CFCI, has more than 35 years of experience in financial fraud prevention and investigation. He is a Certified Financial Crimes Investigator and a Life Member of the International Association of Financial Crimes Investigators (IAFCI). Tom may be contacted at email@example.com
FREE TAX ORGANIZER.
Get Ready for Tax Season 2013
Do you struggle to remember all your tax forms? Don’t wait for the IRS to send you a letter. Get organized with this complimentary tax organizer.
Then call (860) 657-3236 for a no obligation consultation. Ask for Mark
Organizer is good for $29.99 off your preparation fee.
FOR IMMEDIATE RELEASE
January 6th, 2014 (Glastonbury, CT) Mark Pappa who managed a busy tax office on Main St. in East Hartford for 7 tax seasons has moved his practice to Glastonbury. He is located at 140 Hebron Avenue, Suite 101-A, in the Santander Bank Building. Mr. Pappa said, ” I had a great run working with the people of East Hartford and suburbs East of the River but it was time to move to a location that will best serve my growing private client base.”
Glastonbury Tax Professionals offers full service tax preparation for individuals, families, small business, and trusts. We also conduct CPA reviews of prior year returns, tax planning, and forward tax liability analysis.
At Glastonbury Tax Professionals, we believe planning ahead is the most cost-effective way for clients to maximize their refunds and reduce their tax liability. We seek to intercept problems before costly mistakes occur. Preparation for tax preparation is critical.
I began preparing taxes in 2005 where I built and managed a successful branch office for a large national tax service. I grew the client base from scratch to over 650 clients in two short seasons. I was also named #1 new franchise in territory my first year in business.
The client always comes first and we provide valued added Year Round services like “preparation for tax preparation”, audit assistance, and prior year tax return reviews. We strive to give clients the best service, tax advice, and client experience in order to assure we achieve the best possible outcomes.
Finally, I am partnered with a local CPA with over 40 years experience to assist in very complex matters.
As part of our service we offer:
-Electronic filing and acknowlegment of Federal and State returns.
-Preparation for tax preparation.
-Accurately prepared tax returns.
-CPA review of your past year returns.
-No obligation tax consultation to uncover potential savings or
-Audit assistance (call for details)
-Year round tax advice.
Please call for a no obligation analysis today: (860) 539-8234 or (860) 657-3236