Felecia Vernon-Chancey CPA

Felecia Vernon-Chancey CPA Tax Service and Preparation by local CPA since 2005

01/10/2022

Welcome to 2022. I am so looking forward to seeing my "friends" again. There are many changes in the tax laws brought about by this dang Covid. You should be receiving correspondence from the IRS with information you will need for your tax appointment Be sure to include this correspondence when you are ready to get your taxes done!

05/27/2021

Summer is here and taxes are completed that wanted to be completed. I can be available if you have a need. Always happy to help. See you in the Fall. Happy Summer.

04/11/2020

EMPLOYEE RETENTION CREDIT
The CARES Act provides a refundable credit against quarterly employment taxes equal to 50%
of the qualified wages and compensation paid to each employee by a qualified employer.
Only wages paid after March 12, 2020, and before January 1, 2021, qualify for the credit. (CARES Act
§2301 and 2301(m))
The maximum qualified wages per employee is $10,000, which equates to a maximum Employee
Retention Credit of $5,000 per employee.
There are limitations and more specifics. Talk to your payroll person.

04/11/2020

All businesses other than those that receive loan forgiveness under the Paycheck Protection Loan
Program may defer their employment taxes (OASDI at 6.2%, but not Medicare at 1.45%) for the
period March 27, 2020, through December 31, 2020, as follows:
• 50% due on December 31, 2021; and
• 50% due on December 31, 2022.
Self-employed individuals may similarly defer their employer-share (50%) of their self employment
taxes. At this point, it is unclear how this will work with the deduction of 50% of the self employment tax on the tax return. (CARES Act §2302)

01/23/2020

Are you having trouble getting your Form 1099s prepared? Call me. I will get it done and get it done on time. Let me take the hassle away.

01/22/2020

Stay posted for pics of the new tax office in Fresno. Come visit, have lunch in the Fig Garden Village.

01/20/2020

Now accepting appointments for the 2020 tax season. Message, text or call me for a convenient appointment time.

12/10/2019

Looks like tax season is just around the corner. Check out my new digs at a Fresno professional office center - 1222 W Shaw Ave (near Fig Garden Village), Fresno. Looking forward to seeing you all again. Stay tuned for more info.

04/24/2019

SCAM ALERT: FAKE CALLS FROM TAXPAYER ADVOCATE SERVICE
Like clockwork, every year, there's a new twist on old scams. This year, it is the IRS impersonation phone scam whereby criminals fake calls from the Taxpayer Advocate Service. The TAS is an independent organization within the IRS that help protect your taxpayer rights. TAS can help if you need assistance resolving an IRS problem, if your problem is causing financial difficulty, or if you believe an IRS system or procedure isn't working as it should. Typically, a taxpayer would contact TAS for help first, and only then would TAS reach out to the taxpayer. TAS does not initiate calls to taxpayers out of the blue.

How the scam works

Like many other IRS impersonation scams, thieves make unsolicited phone calls to their intended victims fraudulently claiming to be from the IRS. In this most recent scam variation, callers "spoof" the telephone number of the IRS Taxpayer Advocate Service office in Houston or Brooklyn. Calls may be 'robo-calls' that request a call back. Once the taxpayer returns the call, the con artist requests personal information, including Social Security number or individual taxpayer identification number (ITIN).

In other variations of the IRS impersonation phone scam, fraudsters demand immediate payment of taxes by a prepaid debit card or wire transfer. The callers are often hostile and abusive. Alternately, scammers may tell would-be victims that they are entitled to a large refund but must first provide personal information. Other characteristics of these scams include:

Scammers use fake names and IRS badge numbers to identify themselves.
Scammers may know the last four digits of the taxpayer’s Social Security number.
Scammers spoof caller ID to make the phone number appear as if the IRS or another local law enforcement agency is calling.
Scammers may send bogus IRS emails to victims to support their bogus calls.
Victims hear background noise of other calls to mimic a call site.
After threatening victims with jail time or with, driver's license or other professional license revocation, scammers hang up. Others soon call back pretending to be from local law enforcement agencies or the Department of Motor Vehicles, and caller ID again supports their claim.
Telltale signs of a scam call

While the IRS or the TAS will never do any of the following, scammers will often:

Call to demand immediate payment using a specific payment method such as a prepaid debit card, gift card or wire transfer. Generally, the IRS will first mail a bill to any taxpayer who owes taxes.
Threaten to immediately bring in local police or other law-enforcement groups to have the taxpayer arrested for not paying.
Demand that taxes be paid without giving taxpayers the opportunity to question or appeal the amount owed.
Ask for credit or debit card numbers over the phone.
Call about an unexpected tax refund.
Tax scams can happen any time of year, not just at tax time and its important to stay alert to scams that use the IRS or other legitimate companies and agencies as a lure. If you have any concerns, please call the office.

Address

6443 N TEILMAN Avenue
Fresno, CA
93711

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