Sherwood Tax Solutions LLC

Hello friends!! I wanted to let everyone know our offices will be closed Thursday and Friday (April 16th and 17th). We have been super busy and just need a couple of days to recoup. We appreciate your understanding and we will be back at it Monday!!! Have a wonderful weekend!

Hello friends! The time has come for our Annual Charity Gala! Please join us December 5th at Wetmore Beach House for a Hollywood Themed evening for a cause. There will be a costume contest, 50/50, Silent Auction, "Rad" will be singing the away....

Toys for Tots collection will be there, a toy donation will get you 1 drink ticket and all monetary donations will be going to Children's Craniofacial Association.

We still have sponsorships available if you are interested please reach out and we will send the details. Hope to see you all there!

The Office of the Inspector General (OIG) for the Social Security Administration (SSA) has released an alert about a new scam affecting seniors relying on retirement benefits each month.

“Warning: The SSA OIG alerts about a government imposter scam using fake Supreme Court letters! Don't share personal info or money,” the Social Security OIG wrote on X on Wednesday.

Why It Matters
More than 70 million people rely on Social Security benefits each month. With millions of those at retirement age, scams are common with many fraudsters creating compelling tactics to steal one's identity or money.

Identity theft or stolen funds can occur if someone engages with the scammers, so ignoring letters, texts and calls and reporting it to authorities is essential.

What To Know
The new scam presents itself as an official-looking letter identified as a “certificate” on fake U.S. Supreme Court letterhead using forged signatures of U.S. Supreme Court Chief Justice John Roberts and Associate Supreme Court Justice Sonia Sotomayor.

The letter puts pressure on Americans to cooperate with the SSA official, asking them to send money and share personal information.

It might be convincing to seniors and other recipients as it is personally addressed to them and claims they are a primary suspect in connection with legal proceedings and criminal charges. The letter also alleges that according to findings from SSA and the incorrectly named “Drug Enforcement Agency,” the recipient may have been subjected to identity theft, adding that their Social Security number (SSN) has been compromised.

Some recipients may fall victim to the scam due to the letter’s statement that the Court requested financial institutions to freeze all the recipient’s assets and requires full cooperation with the U.S. Department of the Treasury.

Recipients are also told they cannot maintain a balance exceeding $10,000 in any banking institution or hold $80,000 - $100,000 in any investments or financial institution.

"Falling for this scam, which involves letters, texts, and/or emails pretending to be from the Supreme Court, can lead to identity theft, financial loss, and serious stress. Anyone targeted should avoid clicking links or replying and be sure to verify the claim through official government websites, and report it to the Federal Trade Commission or the Social Security Administration Office of the Inspector General,” Caroline Raker, a registered Social Security analyst and owner of Clarity Financial, told Newsweek. “If you’ve already provided information or money, act quickly to freeze accounts, monitor credit reports, and file a formal fraud report."

Information from Newsweek 10-9-25

There is not such organization as "The US Taxation Authority" If you get a letter from them, its a scam or a scare tactic for a tax resolution company. YW

The Federal Government Will Phase Out Paper Checks on September 30

The U.S. Department of the Treasury announced Thursday that the federal government will stop issuing paper checks for most federal payments on September 30, 2025. No action is required for the vast majority of Americans who already receive federal benefit payments electronically. Treasury advises that if you are still receiving a paper check for Social Security, Veterans benefits, or any other Federal benefit, enroll in direct deposit using one of the following options:
Call the Federal agency that pays your benefits and follow their instructions for enrolling in direct deposit. A list of the paying agencies’ contact information can be found here.
Enroll online at GoDirect.gov
Call the Electronic Payment Solution Center at 800-967-6857, Monday – Friday 9:00 a.m.-7:00 p.m. ET
Treasury also noted that individuals without a bank account to receive direct deposit can safely access resources to open an account at FDIC: GetBanked or MyCreditUnion.gov.

Texas
Texas is having its annual ENERGY STAR and Water-efficient Sales Tax Holidays from May 24 through 26. During this holiday ENERGY STAR, WaterSense and water-efficient products are tax free. More information may be found here for ENERGY STAR products, and here for WaterSense and water-efficient products. All impacted tax categories will be exempt under the relevant thresholds, when applicable, during the holiday.

Playing where’s Arlene under a stack of returns for her to review 😂 We got her working!

Our office will be closed starting December 23th until January 3rd to enjoy some time with our families and some relaxation before the start of the new tax year. Merry Christmas and Happy New Year from all us and see you next year!!

Are you ready for our Annual Christmas Gala?? Come join us this Friday for our 4th annual charity event. This years theme is "Redneck" so dress to "impress"

We will be taking toys for Toys for Tots or a $10 donation at the door which will get you a free drink at the bar (one per person)

Silent auction items and raffle baskets will be there with along with 50/50 drawings

Mike and the Tall Boys will playing the night away and Justin Time Eats will be there selling their delicious food.

If you have any questions please do not hesitate to reach out and we look forward to spending the event with all of you!

It was a great time participating in our office complexes 1st year Trunk or Treat event last night. We weren’t sure what to expect but had around 100 kids, a cake walk, games and music. It was a ton of fun and thank you Massage Therapy By Krissy for putting this together!