Bottoms Up Professional Tax Service Lawrenceville GA

02/15/2022

Refund Amounts - Did You Know?

If your refund amount is different than stated on the filed tax return, part or all of your refund may have been used to pay off (offset) past-due federal tax, student loans, state income tax or other past-due debts.

You'll receive a notice from the IRS if such an offset occurs that will show the original tax refund amount, the offset amount, as well as the name, address and telephone number of the agency receiving the payment.

If you haven't received your refund yet, you may be able to check the status using the IRS' "Where's my Refund?" tool: https://www.irs.gov/refunds.

02/02/2022

Staying Safe Online - Did You Know?

As part of National Tax Security Awareness week, the IRS offered new warnings about identity theft and other tax-related scams. Even scams that seemingly have nothing to do with taxes may lead to someone filing a tax return in your name, and stealing your tax refund. To keep yourself and your family safe, the IRS recommends the following steps:

PROTECT YOUR DEVICES: Use security software, such as malware detection programs and apps that identify suspicious websites, on your computer, tablet, and smartphone. Make sure to keep the software up to date.

SAFEGUARD YOUR PRIVATE DATA ONLINE: Do not reuse passwords, and make sure all your passwords are rated as strong. Whenever possible, use multi-factor login procedures, such as receiving a unique code via text message to access your account.

ONLY SHOP ONLINE AT SECURE SITES, FROM SECURE LOCATIONS: Secure websites have a URL that begins with “https://” With most browsers, you will see a padlock symbol in the URL bar when you visit these sites. Do not shop on unsecured websites, and avoid shopping on public WiFi, such as at a coffee shop or mall.

WATCH OUT FOR FAKE CHARITIES: Legitimate charities accept trackable payment methods like checks and credit/debit cards. They will allow you time to research their work before donating, and never demand payment in gift cards or wired funds. They can also provide their tax ID number, which you can verify on the IRS website (link below).

GET AN IDENTITY PROTECTION PIN FROM THE IRS: An IP PIN is a six-digit code known only to you and the IRS. Filing your return with an IP PIN can prevent someone else from filing a bogus return in your name and claiming your refund. If you have documents to verify your identity, you can easily apply for an IP PIN online (link below).

Scammers and identity thieves develop new tricks every day, so the IRS urges all taxpayers to stay vigilant. Never give your tax or other sensitive information to a person or website that you do not know and trust.

IRS Charity Look-up Tool: https://www.irs.gov/charities-non-profits/search-for-tax-exempt-organizations

Online Application for IP PIN: https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin

01/07/2022

IRS Press Release: "IRS issues information letters to Advance Child Tax Credit recipients and recipients of the third round of Economic Impact Payments; taxpayers should hold onto letters to help the 2022 Filing Season experience"

Read the full IRS Press Release: www.irs.gov/newsroom/irs-issues-information-letters-to-advance-child-tax-credit-recipients-and-recipients-of-the-third-round-of-economic-impact-payments-taxpayers-should-hold-onto-letters-to-help-the-2022-filing-season

01/07/2022

Tax Time!!!

FREE January Tax Business Checklists
Discover everything you need to ensure you are ready to run a smooth professional tax preparation business when the tax season begins. From software and banking setup to training and marketing tasks, make sure your tax business is ready by downloading your January Pre-Season Readiness Checklist.

Download it now - https://bit.ly/3d4f0J4

12/22/2021

The IRS Collection organization has done many things to help taxpayers during COVID-19. Get A Closer Look at actions they’ve taken, including some that will continue beyond the pandemic. https://go.usa.gov/xe78C

09/03/2021

IRS regulation of tax return preparers gains steam | Accounting Today

Legislation is on track to give the service the authority it needs, with tax pro groups supporting it.

02/04/2021

Thank You to Our 1st customer . He received a laptop 💻 from us. Another very loyal customer!

01/18/2021

INFO NEEDED TO FILE A TAX RETURN
Valid Picture ID
Social Security Card for Taxpayer and/or spouse
Occupation
Two different telephone numbers (two numbers are needed for bank products)
Dependent social security card & birth certificate (verification of relationship & date of birth)
Verification that dependent resided with you more than half the year... ie medical records, school records, day care records, lease or statement from landlord.
For new clients a copy of prior year tax return is necessary in case their is as difference in refund; to review any changes from previous years.
Secure a way for your client to send information to you and for you to send information to your client in order to safegard the client's information.
Bank information for direct deposit (Bank name, routing number, and account number)
Use black ink

01/13/2021

Looking for a Tax Preparer. Hourly plus commission. Prefer experience but will train. Come join the Bottoms Up Team! We are located in Lawrenceville.

01/13/2021

Bottoms Up has opened in Georgia!