Jannisse & Hull Certified Public Accountants

Jannisse & Hull Certified Public Accountants We believe in the value of relationships, and we truly believe that our success is a result of your

01/13/2020

We've moved! We are now at 7599 Redwood Blvd., Suite 210 - still in beautiful Novato. We're close to San Marin Drive and closer to Hwy. 101. We look forward to seeing you in our new offices!

IR-2019-104, June 5, 2019WASHINGTON – Although the April filing deadline has passed, scam artists remain hard at work, a...
06/05/2019

IR-2019-104, June 5, 2019

WASHINGTON – Although the April filing deadline has passed, scam artists remain hard at work, and the IRS today urged taxpayers to be on the lookout for a spring surge of evolving phishing emails and telephone scams.

IR-2019-104, June 5, 2019 – Although the April filing deadline has passed, scam artists remain hard at work, and the IRS today urged taxpayers to be on the lookout for a spring surge of evolving phishing emails and telephone scams.

Tax deadline approaches: IRS dispels five mythsabout tax refundsIR-2019-64, April 5, 2019WASHINGTON ― As the April tax-f...
04/05/2019

Tax deadline approaches: IRS dispels five myths
about tax refunds

IR-2019-64, April 5, 2019

WASHINGTON ― As the April tax-filing deadline approaches, the Internal Revenue Service understands
that taxpayers are anxious to get details about their tax refunds. This has led to a number of
common myths about refunds that often circulate on social media.

While there’s no secret way for taxpayers to find out when their refund will be issued, there are
some key facts that can help people understand the refund process. Taxpayers should keep in mind
the IRS issues nine out of 10 tax refunds in less than 21 days. And the easiest way to check on a
refund is “Where’s My Refund?,” an online tool available on IRS.gov and through the IRS2Go app.

People can use “Where’s My Refund?” to check on the status of their tax return within 24 hours
after the IRS receives an e-filed return or four weeks after a mailed paper return. The “Where’s My
Refund?” tool is updated no more than once every 24 hours, usually overnight, so there’s no need to
check the status more often.

Taxpayers should only call the IRS tax help hotline to talk to a representative if it has been:

21 days or more since their tax return was e-filed,

Six weeks or more since their return was mailed, or when “Where’s My Refund?” tells the taxpayer to
contact the IRS.

Below are five common myths about tax refunds:

Myth 1: Calling the IRS or a tax professional will provide a better refund date

Many people mistakenly think that talking to the IRS or calling their tax professional is the best
way to find out when they will get their tax refund. In reality, the best way to check the status
of a refund is online through the “Where’s My Refund?” tool at IRS.gov or via the IRS2Go mobile
app. Alternatively, those without Internet access can reach “Where’s My Refund?” by calling the
automated refund hotline at 800-829-1954.

Taxpayers eager to know when their refund will be arriving should use the "Where's My Refund?" tool
rather than calling and waiting on hold or ordering a tax transcript. “Where’s My Refund?” has the
same information available to IRS telephone assistors so there is no need to call unless requested
to do so by “Where’s My Refund?”

Myth 2: Ordering a tax transcript is a ‘secret way’ to get a refund date

Ordering a tax transcript will not help taxpayers find out when they will get their tax refund.
While taxpayers can use a transcript to validate past income and tax filing status for mortgage,
student and small business loan applications and to help with tax preparation, they should use
“Where’s My Refund?” to check the status of their

refund.

4/5/2019 Tax deadline approaches: IRS dispels
five myths about tax refunds | Internal Revenue Service

https://www.irs.gov/newsroom/tax-deadline-approaches-irs-dispels-five-myths-about-tax-refunds
2/2

"Where’s My Refund?" shows the processing of the tax return from receipt to completion. It will
tell the taxpayer their tax return has been received and if the refund has been approved or sent.

Myth 3: ‘Where’s My Refund?’ must be wrong because there’s no deposit date yet

Updates to “Where's My Refund?” on both IRS.gov and the IRS2Go mobile app are made once each day –
usually overnight. Even though the IRS issues most refunds in less than 21 days, it’s possible a
refund may take longer for a variety of reasons including when a return is incomplete or needs
further review.

This means that in some cases, a taxpayer who filed later may receive their refund sooner than
someone who filed earlier in the season. The IRS will contact taxpayers by mail when it needs more
information to process their tax return. Also, remember to consider the time it takes for financial
institutions to post the refund to the taxpayer’s account or to receive a check in the mail.

Myth 4: ‘Where’s My Refund?’ must be wrong because a refund amount Is less than expected

There are several factors that could cause a tax refund to be larger or smaller than expected.
Situations that could decrease a refund include:

Math errors or mistakes; Delinquent federal taxes;

State taxes, child support, student loans or other delinquent federal nontax obligations; and IRS
holds a portion of the refund while it reviews an item claimed on the return.

The IRS will mail the taxpayer a letter of explanation if these adjustments are made. Some
taxpayers may also receive a letter from the Department of Treasury's Bureau of the Fiscal Service
if all or part of their refund was reduced and offset to pay certain financial obligations.

Myth 5: Getting a refund this year means there’s no need to adjust withholding for 2019

Annual tax planning is for everyone. To help avoid an unexpected tax outcome next year, taxpayers
should make changes now to prepare for when they file 2019 tax returns next year. This can mean
adjusting tax withholding with their employer or increasing estimated or additional tax payments.

Checking withholding is important every year, and the IRS encourages people to do a Paycheck
Checkup. This is especially important for anyone who got an unexpected result from filing their tax
return this year because they had too much or too little withheld from their paycheck in 2018.

Use the IRS Withholding Calculator to determine whether the right amount is being withheld. If an
adjustment is needed, taxpayers should submit a 2019 Form W-4, Employee’s Withholding Allowance
Certificate, to their employer as soon as possible.

Page Last Reviewed or Updated: 05-Apr-2019

IR-2019-64, April 5, 2019 ― As the April tax-filing deadline approaches, the Internal Revenue Service understands that taxpayers are anxious to get details about their tax refunds.

We know how to maximize the 280E deductions and stay out of tax court.
12/09/2018

We know how to maximize the 280E deductions and stay out of tax court.

Cannabis dispensaries are no different than drug traffickers in the eyes of the IRS, according to U.S. Tax Court.

11/27/2018

Welcome to our Page! We believe in the value of relationships. We view every client relationship like a partnership, and truly believe that our success is a result of your success.

We are committed to providing close, personal attention to our clients.

We take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience and financial acumen.

Our continual investment of time and resources in professional continuing education, state-of-the-art computer technology and extensive business relationships is indicative of our commitment to excellence.

We provide a variety of services including:

Income Tax Preparation for all types of businesses, as well as individuals.
IRS and State Audit Representation
Payroll Reporting
QuickBooks setup, support and training
Business startup services
Monthly bookkeeping
Financial statements - making sure your financial records are timely and accurate.

11/26/2018

Get Ready for Taxes, from IRS.gov:
Safekeeping tax records helps for future filing, amended returns, audits

WASHINGTON — With the tax filing season quickly approaching, the Internal Revenue Service wants taxpayers to understand how long to keep tax returns and other documents.

This is the seventh in a series of reminders to help taxpayers Get Ready for the upcoming tax filing season. The IRS has recently updated its Get Ready page with steps to take now for the 2019 filing season.

The IRS generally recommends keeping copies of tax returns and supporting documents at least three years. Employment tax records should be kept at least four years after the date that the tax becomes due or paid, whichever is later. Tax records should be kept at least seven years if a return claims a loss from worthless securities or a bad debt deduction. Copies of previously-filed tax returns are helpful in preparing current-year tax returns and making computations if a return needs to be amended.

Safe-keeping records
Tax records should be kept safe and secure regardless of whether they are stored on paper or kept electronically. Paper records should be kept in a secure location, preferably under lock and key, such as a secure desk drawer or a safe. Records retained electronically should be backed up electronically and encrypted when possible. The IRS also suggests scanning paper tax and financial records into a format that can be encrypted and stored securely on a flash drive, CD or DVD with photos or videos of valuables.

Disposing of records
Tax records contain sensitive data such as Social Security numbers, income amounts and bank account information. Tax documents not properly disposed of can land in the hands of criminals and lead to identity theft. Once past their useful date, records should be disposed of properly. Paper tax returns and supporting documents should be shredded before being discarded. Old computers, back-up drives and media contain sensitive data. Deleting stored tax files will not completely erase them. Using special wiping software ensures the removal of sensitive data.

Taxpayers still keeping old tax returns and receipts stuffed in a shoebox may want to rethink their approach. When records are no longer needed the data should be properly destroyed. More information is available on IRS.gov at How long should I keep records?

Address

7599 Redwood Boulevard , Suite 210
Novato, CA
94945

Opening Hours

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Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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