Khalsa McBrearty Accountancy

ATTN: Identity thieves may contact taxpayers through fraudulent calls, emails, texts or social media messages pretending to be the IRS. Here are tips to help taxpayers know when the IRS is contacting them: Link below

Avoiding identity theft scammers posing as the IRS | Internal Revenue Service Tax Tip 2023-112, September 19, 2023 — Imitation may be the sincerest form of flattery, but when scammers pose as the IRS it means trouble for taxpayers. Identity thieves may contact taxpayers through fraudulent calls, emails, texts or social media messages pretending to be the IRS. Here are tips ...

WASHINGTON — The Internal Revenue Service today reminded individuals and businesses in most of California and parts of Alabama and Georgia that their 2022 federal income tax returns and tax payments are due on Monday, Oct. 16, 2023. The normal due date of April 18 was postponed for many residents of these states in the wake of natural disasters earlier this year.

IRS reminder to storm victims in 3 states: File and pay by Oct. 16; most of California, parts of Alabama and Georgia affected | Internal Revenue Service IR-2023-174, Sept. 19, 2023 — The Internal Revenue Service today reminded individuals and businesses in most of California and parts of Alabama and Georgia that their 2022 federal income tax returns and tax payments are due on Monday, Oct. 16, 2023.

WASHINGTON — The Internal Revenue Service is reminding taxpayers who pay estimated taxes that the deadline to submit their third quarter payment is Sept. 15, 2023.

'Taxpayers not subject to withholding may need to make quarterly estimated tax payments. Taxpayers such as gig workers, sole proprietors, retirees, partners and S corporation shareholders generally must make estimated tax payments if they expect to have a tax liability of $1,000 or more when they file their return.

A general rule of thumb is that taxpayers should make estimated tax payments if they expect:

To owe at least $1,000 in taxes for 2023 after subtracting their withholding and tax credits.
Their withholding and tax credits to be less than the smaller of:
90% of the tax to be shown on their 2023 tax return or
100% of the tax shown on their complete 12-month 2022 tax return.'

IRS reminds gig workers, self-employed and others of Sept. 15 third quarter estimated tax payment deadline | Internal Revenue Service IR-2023-165, Sept. 6, 2023 — The Internal Revenue Service is reminding taxpayers who pay estimated taxes that the deadline to submit their third quarter payment is Sept. 15, 2023.

IRS: Hawaii wildfire victims qualify for tax relief; Oct. 16 deadline, other dates postponed to Feb. 15

IRS: Hawaii wildfire victims qualify for tax relief; Oct. 16 deadline, other dates postponed to Feb. 15 | Internal Revenue Service IR-2023-151, Aug. 18, 2023 — The IRS today announced expansive tax relief for Hawaii wildfire victims in Maui and Hawaii counties. These taxpayers now have until Feb. 15, 2024, to file various federal individual and business tax returns and make tax payments.

Tax Considerations for people separating or divorcing by the IRS.

"When couples separate or divorce, the change in their relationship status affects their tax situation. The IRS considers a couple married for tax filing purposes until they get a final decree of divorce or separate maintenance."

Tax considerations for people who are separating or divorcing | Internal Revenue Service Tax Tip 2023-97, July 31, 2023 — When couples separate or divorce, the change in their relationship status affects their tax situation. The IRS considers a couple married for tax filing purposes until they get a final decree of divorce or separate maintenance.

IMPORTANT SCAM ALERT!

Hello everyone! We wanted to bring your attention to a recent announcement made by the IRS. A surge of fraudulent activities is happening, especially now in the midst of summer, involving tax refunds, Economic Impact Payments, and Employee Retention Credits.

Scammers are exploiting these topics and using sophisticated tactics, including sending fraudulent emails and text messages that appear to be from the IRS. These communications are aimed at stealing your personal and financial information.

REMEMBER:
-The IRS DOES NOT INITIATE contact with taxpayers by email, text messages, or social media channels to request personal or financial information.
-Don't click on links or download attachments from suspicious emails or messages.
-Don't provide any kind of personal information if you receive unsolicited contact, whether it's a phone call, email, or text message.

WHAT TO DO:
👉🏼 If you receive an unsolicited email or text message that claims to be from the IRS, report it to [email protected].
👉🏼 If you've encountered a scam or have become a victim of tax-related identity theft, report it to the Federal Trade Commission at ftc.gov/complaint.

Stay vigilant! Be informed and share this message to help protect your friends and family from falling into these scam traps! 💪🔒

Taxpayers see wave of summer email, text scams; IRS urges extra caution with flood of schemes involving Economic Impact Payments, Employee Retention Credits, tax refunds | Internal Revenue Service IR-2023-131, July 21, 2023 — The Internal Revenue Service warned taxpayers today to be on the lookout for a summer surge of tax scams as identity thieves continue pounding out a barrage of email and text messages promising tax refunds or offers to help ‘fix’ tax problems.

Cool Treats on a Hot Summer Day! 🍧
Hey there, KMA family! Guess what happened at work last week? 🤩 Our awesome building management decided to beat the heat together and treated us to something sweet! 🍧❄️

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