Wolfe Financial Group

07/18/2020

Now that the delayed tax deadline of July 15th has come and gone there is only a few short months to submit your tax returns on extension. Most corps on extension are due by September 15th. Personal tax returns are due by October 15th. What is typically a 6 month extension is now only 2 or 3 months. We are here to help you get your docs in order and ready for us!

07/01/2020

The deadline to apply for the PPP SBA loan program has been extended to August 8th. There is still time to apply if you have not done so already.

The Senate passed an extension for the Paycheck Protection Program to August 8 by unanimous consent Tuesday night.

04/27/2020

https://www.wsj.com/articles/irs-recalling-thousands-of-workers-11587918430

The Internal Revenue Service is bringing thousands of employees back to agency offices on Monday to deal with a growing backlog of work amid the coronavirus pandemic.

03/26/2020

Update from Wolfe Financial Group – COVID-19

The health and well-being of our clients and staff is our top priority. With the continued and ever changing news about COVID-19 we wanted to share information about how our office is working to ensure your tax and accounting needs are continually met.

The IRS has officially extended the 2019 tax filing and payment deadline to July 15th for individuals and businesses. Nothing has been announced yet regarding estates, trust, gift and non-profit tax returns.

As such, for the safety of our staff and others we have decided it is best to implement tele-commuting of our office for the time being. We have processes in place to be able to do so securely and efficiently. We are still working full time (and more) and encourage clients to send us their information to our staff. Our phones will still work with the ability to call our main line and dial the extension of the staff member you are trying to reach.

We are asking that all clients refrain from mailing or dropping off tax and accounting documents. We instead are recommending that you send your documents to our office by uploading them to your secure Lock Box portal on our website (https://lockbox.wolfefg.com/), through your own secure portal (such as Google Drive or Drop Box) or by secure email. We appreciate your understanding and patience in this matter.

We do have a secure drop box in our parking lot (across from the mailboxes) which can be utilized drop off information to our office if necessary. However, please note that it may not be checked as regularly as it is currently.

If you have documentation which needs to be picked up from our office, we are asking that you please call our office to schedule a time to do so.

Additional important information about the deadline change: At this time, the deadline to contribute to your IRA and HSA for has also been postponed to July 15th. The deadline to make your 1st quarter estimated tax payment is now July 15th. The IRS has not released information about extending the deadline to pay your 2nd quarter estimated tax payment (currently due June 15th).

Thank you for allowing us to serve your tax and accounting needs. We appreciate your loyalty and patience during this time.

08/04/2017

We love saving taxes! This weekend is Florida's annual tax free weekend where you can avoid sales tax on lots of back to school type purchases including clothing and supplies. Check out this list of what qualifies!

Find out when Florida tax free weekend is and exactly what items qualify this year.

06/15/2017

Stay vigilant! There is a new IRS scam going around. The IRS will NEVER call regarding outstanding taxes due. Please always feel free to call our office if you receive any correspondence from the IRS and are unsure of its legitimacy.
https://www.irs.gov/uac/newsroom/irs-warns-of-new-phone-scam-involving-bogus-certified-letters-reminds-people-to-remain-vigilant-against-scams-schemes-this-summer

IRS YouTube Videos: Tax Scams: English  | Spanish  | ASL Private Collection of Overdue Taxes: English  | Spanish IR-2017-107, June 15, 2017

10/13/2016

Be aware that there is a new IRS scam which involves the sending of letters and emails to taxpayers.

The IRS will NEVER send you an email. However, the IRS DOES send notices by mail. If you receive a letter from the IRS it is best to call our office and we can help you in determining its legitimacy.

The focus of this new scam is on 2014 tax returns and the Affordable Care Act health coverage mandates.

http://www.clark.com/warning-new-irs-scam-email-paper-mail

What makes this scam different from other IRS scams is that the notices are being sent via email -- as well as through the mail. Here's how to protect yourself!

04/08/2016

Only one week left until personal tax returns are due! No need to panic, we are here to help. If you are not ready to file, one option is to submit an extension to the IRS. Call our office at 407-333-0355 for assistance.