Harlan Levinson, CPA

The new tax law is all but official. Regardless of whether you are a tax winner or loser, I wish you a very happy, healthy and prosperous 2018. I am following up on my email from last week, now that more is known about the new law. Everyone is different and you will have to consider your own particular situation. Some things should be done before December 31 to get the tax benefit. Feel free to contact me if you wish to do a more detailed tax projection. The following are f...Continue reading

Be wary of fraudulent CP2000s (09-21-16) The IRS is warning taxpayers and practitioners that a new scam uses fraudulent CP2000s to solicit money from taxpayers. The fraudulent forms look convincing, and show balances due that are small enough that taxpayers just might pay rather than arguing the point. However, upon closer inspection, these forms have telltale signs of fraud: ... The instructions direct the taxpayer to make out a check to "I.R.S." rather than to "United States Treasury;" and The return address is "Austin Processing Center, P.O. Box 15264, Austin, TX 78761-5264," which does not match the address listed on the IRS website for the Austin Processing Center. Tax practitioners should advise clients to contact them if any unexpected balance due arrives from the IRS, so that the correspondence can be verified. The IRS has not yet posted an alert about this phishing scam variation, but information is forthcoming and it will be available at the following page: www.irs.gov/uac/latest-news

Identity Theft is a big problem with the IRS, but it seems they are definitely doing something to stop it. More Info at: http://www.irs.gov//IRS-Intensifies-National-Crackdown-on-