Mary Lee Miller, EA, LLC

Women And Financial Responsibility: 5 Simple Ways To Build A Strong Foundation

~ Marguerita Cheng Women are stepping up their games in all areas of life. They are being more outspoken than ever when it comes to the creation of change—for the better. They are building networks and combining efforts like never before. And, they are breaking records. Read Full Story Here

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It’s Tax Season. Watch Out for These 3 Signs of a Tax Scam

Tax scams abound year-round, but people over 65 are targeted even more frequently during tax season. Why? A certain amount of money is in play at this time as taxpayers are figuring out what they owe Uncle Sam and scammers take advantage of the fact that money is being exchanged between the U.S. citizenry and its government. On April 15 we effectively settle the bill. […]

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IRS to waive under-withholding penalties for some taxpayers after Trump tax changes

The White House and congressional leaders released a framework for tax changes, but many key details have been left to tax committees. Here’s how that process is working. Jeff Dionise, Ramon Padilla, Paul Singer and Herbert Jackson, USA TODAY Read full story here

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The IRS wants help scouring social media for clues on tax cheats

Looking at the social media profile of famous “influencers” can sometimes make you feel envious. This is because it looks like all that person is doing is traveling around the world, eating nice food, being given free stuff, and basically enjoying life. How there are some influencers who warn that what you see might not necessarily tell the whole story, and that those are just […]

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IRS won’t issue tax refunds during government shutdown

POSTED 5:27 AM, JANUARY 4, 2019, BY TRIBUNE MEDIA WIRE AND CNN WIRE The country’s tax collector is among the federal agencies affected by the government shutdown, now in its second week. The Internal Revenue Service is currently working under non-filing season shutdown plans and will be updating it ahead of the upcoming tax season as soon as Friday, according to a person familiar with […]

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One big way to play the new tax law: Start an LLC

Small businesses may be able to snag a 20 percent deduction. You may get this break if your taxable income is below $157,500 if single or $315,000 if married. Entrepreneurs may push the envelope on the new tax law to maximize savings. Read Story from CNBC Here

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Never open an email from the Internal Revenue Service

There is a current tax scam where fraudulent emails are being sent with the subject “tax transcripts”. Opening the email will cause your computer and network to be infected by malware. https://on.mktw.net/2R55oo8

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Overview of New 2018 Tax Cuts & Job Act

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House GOP Tax Plan Passes Vote

President Trump and GOP House Speaker Paul D. Ryan (Wis.) won a major victory as the House passed the tax bill Thursday, the central piece of the Republican plan to boost the U.S. economy. No Democrats voted for the bill. Ryan could lose 22 GOP votes, but in the end, he only lost 13. The legislation would affect every American household and business owner. The […]

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Beware of Fake IRS Tax Bill Notices

The Internal Revenue Service and its Security Summit partners are warning taxpayers and tax professionals of fake IRS tax bills related to the Affordable Care Act. The IRS has received numerous reports of scammers sending a fraudulent version of a notice- labeled CP2000 – for tax year 2015. The issue has been reported to the Treasury Inspector General for Tax Administration for investigation. This scam […]

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