LMP Accounting Services Inc @LmpAccounting
Joined October 2019-
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IRS implements policy shift: No more unannounced visits by revenue officers to enhance safety and reduce confusion for taxpayers and employees. postly.app/39r6 #taxes #nstp #taxrefund #taxrefunds #taxreturns
#IRS warns of wildly misleading claims and scams regarding the Employee Retention Credit. “The aggressive marketing of the #ERC continues preying on innocent businesses and others," said IRS Commissioner Danny Werfel. Read more: ow.ly/JHTA50Ox0hx #ERTC
IRS alerts businesses, tax-exempt groups of warning signs for misleading Employee Retention scams; simple steps can avoid improperly filing claims irs.gov/newsroom/irs-a…
The new beneficial ownership disclosure rules, mandated by the Corporate Transparency Act, will have an immediate impact on new businesses formed after the start of the year. trib.al/mmL2A2y
Florida's Disaster Preparedness Sales Tax Holiday starts tomorrow! Be ready for an emergency with tax-free supplies. Laundry detergent, soap, paper towels, and other household items are included this year too! More info: floridarevenue.com/DisasterPrep
Hey, #TaxTwitter, spread the word: #IRS is continuing to see third parties aggressively promoting Employee Retention Credit schemes on radio and online. Make sure your clients are aware of these scams. Learn more to protect your clients: ow.ly/O8fy50NGkL6 #ERC
@IRSnews Don’t be taken in by extravagant promises made by promoters of ERC scams. If it sounds too good to be true, it probably is. Learn how to report tax scams to the #IRS at irs.gov/scams.
The IRS is actively looking at the ERC claimed by businesses. Audit notices are coming out right now. @LisaTSimpsonCPA walked us through the documentation that the IRS might be looking at when they knock on your door. #TaxTwitter #AICPATownHall
The Treasury Department issued proposed new rules concerning electric vehicle tax credits. The new rules became effective on 4/18 & significantly reduced the number of EVs eligible. @mfriedlich breaks down everything you need to know about this change. bit.ly/3AgQwYF
The IRS announced it will postpone implementation of $600 Form 1099-K reporting by one year. What will this mean for tax year 2022 filing? Read the latest blog from National Taxpayer Advocate Erin M. Collins to learn more: taxpayeradvocate.irs.gov/news/nta-blog-….
All he’d be delaying is the deadline to pay taxes as we know we get until 10/15 to file taxes. I spell this out in a letter I wrote to the President & U.S. Secretary of the Treasury, Mr. Mnuchin. …1-4ab1-8f1a-26c303d036ff.usrfiles.com/ugd/dafec4_8f7…
All he’d be delaying is the deadline to pay taxes as we know we get until 10/15 to file taxes. I spell this out in a letter I wrote to the President & U.S. Secretary of the Treasury, Mr. Mnuchin. …1-4ab1-8f1a-26c303d036ff.usrfiles.com/ugd/dafec4_8f7…
Yes please! Simply move requirement to pay taxes by 7/15 to avoid tax penalties that an extension does nothing about! #tax #ExtendDuedate #movetaxdeadline @AICPA @IRSnews @IRStaxpros @Tax_Experts
Yes please! Simply move requirement to pay taxes by 7/15 to avoid tax penalties that an extension does nothing about! #tax #ExtendDuedate #movetaxdeadline @AICPA @IRSnews @IRStaxpros @Tax_Experts
Given the deadline to file remains 9/15 & 10/15, moving 7/15 deadline simply extends time to pay taxes vs. potential tax penalties if not. Seems like easy decision.
Given the deadline to file remains 9/15 & 10/15, moving 7/15 deadline simply extends time to pay taxes vs. potential tax penalties if not. Seems like easy decision.
This topic came up a number of times today. I say extend the filling deadline since tax pros have been working on #PPP and now virus is spreading in many states. #TaxTwitter Treasury Dept. May Consider Extending Tax Filing Deadline a Second Time - WSJ wsj.com/articles/treas…
Absolutely clear now that C/S corporation shareholders are owner-employees under these rules... #TaxTwitter SBA Updates Forgiveness Rules for PPPFA, Clarifies Limits on Owner Payroll Costs currentfederaltaxdevelopments.com/blog/2020/6/23…
#IRS and @USTreasury announce that the distribution of economic impact payments will begin in the next three weeks with no action required for most people. irs.gov/coronavirus
#IRS y @USTreasury anuncian que la distribución de los pagos de impacto económico comenzará en las próximas tres semanas sin que se requiera ninguna acción para la mayoría de las personas. irs.gov/es/coronavirus
ALERT: #IRS will not call to request any personal or financial information for you to get an economic impact payment. If you get such a call -- HANG UP. See official updates at irs.gov/coronavirus
Please see @stevenmnuchin1 announcement on moving #TaxDay from April 15 to July 15.
Please see @stevenmnuchin1 announcement on moving #TaxDay from April 15 to July 15.
It’s a secret. Shhhhhh......
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294K Followers 194 Following Helping you understand and meet your tax responsibilities. IRS doesn't collect comments on this site. Privacy Policy: https://t.co/2FwiuqHorOAll he’d be delaying is the deadline to pay taxes as we know we get until 10/15 to file taxes. I spell this out in a letter I wrote to the President & U.S. Secretary of the Treasury, Mr. Mnuchin. …1-4ab1-8f1a-26c303d036ff.usrfiles.com/ugd/dafec4_8f7…
Mnuchin says delaying tax filing day to Sept. 15 is "something I'm thinking about." No plans to made a decision now, but "we'll look carefully as we approach this July date."
Yes please! Simply move requirement to pay taxes by 7/15 to avoid tax penalties that an extension does nothing about! #tax #ExtendDuedate #movetaxdeadline @AICPA @IRSnews @IRStaxpros @Tax_Experts
@arappeport @GlenBirnbaum Preferably make your decision before the 4th of July weekend. Thanks. Sincerely, All CPAs
Given the deadline to file remains 9/15 & 10/15, moving 7/15 deadline simply extends time to pay taxes vs. potential tax penalties if not. Seems like easy decision.
"Mnuchin says delaying #tax filing day to Sept. 15 is "something I'm thinking about." No plans to made a decision now, but "we'll look carefully as we approach this July date." @arappeport
Absolutely clear now that C/S corporation shareholders are owner-employees under these rules... #TaxTwitter SBA Updates Forgiveness Rules for PPPFA, Clarifies Limits on Owner Payroll Costs currentfederaltaxdevelopments.com/blog/2020/6/23…
So while high school teacher dad teaches on-line in the living room, 4th grader son is engaged with his teacher through #distancelearning in the dining room while mom works from home. The new normal. At 4/5/7 on @nbc6. @MDCPS
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