Tag Archives: IRS

Employer Responsibilities Under the ACA

Employer Responsibilities 1The health care law contains tax provisions that affect employers. The size and structure of a workforce–small or large–helps determine which parts of the law apply to which employers. Calculating the number of employees is especially important for employers that have close to 50 employees or whose workforce fluctuates during the year.

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IRS Scam Alert: Erroneous Refunds & Fake Calls

bigstock-Irs-Scam-Warning-Sign-88387712aTaxpayers should be aware of a new twist on an old scam involving erroneous tax refunds that are being deposited into their bank accounts. After stealing client data and filing fraudulent tax returns, these criminals use the taxpayers’ real bank accounts to deposit refunds, then use various tactics to reclaim the refund from the taxpayers. Here’s what you need to know.

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What to Do if You Haven’t Filed a Tax Return

late tax returnFiling a past due return may not be as difficult as you think.¬†Taxpayers should file all tax returns that are due, regardless of whether full payment can be made with the return. Depending on an individual’s circumstances, a taxpayer filing late may qualify for a payment plan. It is important, however, to know that full payment of taxes upfront saves you money.

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