Lowe Accounting & Tax Services, Inc.

05/06/2021

Today one of my tax clients came by to drop off a bag of goodies for my kittens! I didn't need anything or ask for anything. They just did it because they fell in love with them when they dropped off their stuff for me to do their taxes. It was just so kind and thoughtful and put a huge smile on my face (and the kittens lol) to know such genuinely nice people are still around!!!

04/29/2020

Assistance needed: Please share required information to employees impacted by COVID-19
To our valued New York State payroll providers, tax professionals, and software vendors:

As we continue to respond to the impact of COVID-19, we are deeply grateful for your continued partnership and service to New York State employers.

During this COVID-19 Pandemic, many workplaces have been directly impacted by closures or workforce reduction. Your clients who are employers are required by law (12 NYCRR § 472.8) to provide certain information to their employees to help them promptly complete the unemployment insurance benefits application.

Please help us get the word out by sharing the following information as widely as possible: by email to your New York State withholding tax or Unemployment Insurance clients, on your website, and on social media:

Required Information to Employees Impacted by COVID-19

Immediate action required: In order to ensure that you are complying with your legal obligations, and to facilitate the timely processing of unemployment insurance benefits applications, the New York State Department of Labor is directing all New York State employers to provide the following information to each of your employees whose work schedule and/or employment status has been impacted as a result of COVID-19 related issues.

Employer Information
NYS Employer Registration No:
Federal Employer Identification No:
Employer Name:
Employer Address:

Please make sure that all relevant employees, including those who have already been impacted by COVID-19, are promptly provided this information. You may use Form IA 12.3 to provide this information to your employees.

Thank you for your assistance during this unprecedented time.

Sincerely,

New York State Department of Labor

04/03/2017

IRS Reminder to Taxpayers Who Haven’t Filed 2013 Returns: Time is Running Out; Agency has $1 Billion in Refunds
IRS YouTube Videos: Refund: Claim It or Lose It – English | Spanish | ASL

WASHINGTON — The Internal Revenue Service reminded taxpayers today that unclaimed federal income tax refunds totaling more than $1 billion may be waiting for an estimated 1 million taxpayers who did not file a 2013 federal income tax return. But time is running out. To claim this money, taxpayers must file a 2013 federal tax return by April 18, 2017.

04/03/2017

IRS TAX TIP 2017-40
Need More Time to Pay Taxes?

All taxpayers should file on time, even if they can’t pay what they owe. This saves them from potentially paying a failure to file penalty. Taxes are due by the original due date of the return.

Here are four tips for those who can’t pay their taxes in full by the April 18 due date:

1. File on time and pay as much as possible. Pay online, by phone, with your mobile device using the IRS2Go app, or by check or money order. Visit IRS.gov for electronic payment options.
2. Get a loan or use a credit card to pay the tax. The interest and fees charged by a bank or credit card company may be less than IRS interest and penalties. For credit card options, see IRS.gov.
3. Use the Online Payment Agreement tool. Don’t wait for the IRS to send a bill before seeking a payment plan. The best way is to use the Online Payment Agreement tool on IRS.gov. Taxpayers can also file Form 9465, Installment Agreement Request, with their tax return. Set up a direct debit agreement. With this type of payment plan, there is no need to send a check each month.
4. Don’t ignore a tax bill. If so, the IRS may take collection action. Contact the IRS right away by calling the phone number on your bill to talk about options. The IRS will work with taxpayers suffering financial hardship.
Remember to file on time. Pay as much as possible by April 18, 2017, and pay the rest as soon as possible to reduce the interest and penalties. Find out more about the IRS collection process on IRS.gov.

08/12/2015

Don't get scammed!!

Though the tax season is over, tax scammers work year-round. The IRS advises you to stay alert to protect yourself against new ways criminals pose as the IRS to trick you out of your money or personal information. These scams first tried to sting older Americans, newly arrived immigrants and those w…

03/17/2015

Looking for a trustworthy, reasonably priced tax service that can complete your tax return, no matter what state you live in, all electronically?
I am an authorized IRS e-file provider and my professional credentials can be found at IRS.gov under finding a tax professional.
I can assure you my services are more professional and just as accurate as that Big Box place that promises you billions.
Call, text, email, or message me with any questions!

03/10/2015

Looking for a trustworthy, reasonably priced tax service that can complete your tax return, no matter what state you live in, all electronically?

I am an authorized IRS e-file provider and my professional credentials can be found at IRS.gov under finding a tax professional.

I can assure you my services are more professional and just as accurate as that Big Box place that promises you billions.

Call, text, email, or message me with any questions!

IRS.gov

01/14/2015

Electronic filing begins January 20!! That's 11 days earlier than recent years. Seems like the powers that be are getting their stuff together!

01/14/2015

Rumor has it the IRS will be delaying refunds that include the American Opportunity tax credit until May 1st, so they can match the tuition forms (1098-T) to the tax returns, as it has been a high area of fraud. Received this info from a tax software company, not the IRS, so not yet confirmed.

01/14/2015

http://www.irs.gov/pub/irs-pdf/p5185.pdf
Still without health insurance? Your shared responsibility payment for 2014 is $95 per person, up to $285 for a family of three or more.

http://www.irs.gov/pub/irs-pdf/p5185.pdf