Beware of #fake IRS notices. If you get a notice ALWAYS contact your CPA or call the IRS. Never assume you owe. How do we know that this notice is fake? 1. The notice demands immediate payment to resolve the issue. The IRS will not demand without giving you enough time to respond to the notice. 2. The IRS is not abbreviated as "I.R.S". 3. The IRS does not ask for checks be made payable to the IRS, instead the checks are paid to "The United States Treasury". If you receive a notice from the IRS and you are not sure it is is real, call us at 501-503-1272 or call the IRS at 1-800-829-1040 (not the number listed on the notice). #vbcpa #accounting #tax #irs #Medical #Accountant #cpa #vbcpa #taxplanning #smallbusiness #tax #irs #taxpayer #finance #doctor #dentist #dental #chiropractor #dermatologist #orthodontist #optometry #physical_therapist #physician #optometrist #ophthalmology #pediatrician #podiatrist #audiologist #doctors #healthcare #Cardiologist #oncology #surgeons #chiropractic #chiropractor (at Dallas, Texas) https://www.instagram.com/p/B0JRCZWhZ09/?igshid=1f8txhewdfp11

Surprises are for birthdays, not for tax time! Expect more. At vbCPA - being a tax professional isn’t just about crunching numbers. It is about going beyond what you expect from your tax partner, being responsive and knowledgeable, and being proactive in tax planning to prepare you to meet the challenges ahead, so that there are no surprises at tax time! Our goal is to provide an unparalleled level of client service. #vbcpa #accounting #tax #taxplanning #smallbusiness #tax #irs #deductions #taxpayer #finance #doctor #dentist #dental #chiropractor #dermatologist #orthodontist #optometry #physical_therapist #physician #optometrist #ophthalmology #pediatrician #podiatrist #audiologist #doctors #healthcare #medical #Cardiologist #oncology #surgeons https://www.instagram.com/p/Bs8tB3bFCcG/?utm_source=ig_tumblr_share&igshid=1t4gkc7on15nc

Here are some important tax deadlines for the first quarter of 2019. January 31, 2019: -Employers must file 2018 Forms W-2 with the Social Security Administration and provide copies to your employees -File & provide copies of 2018 Forms 1099-MISC to anyone that your business paid more than $600 to in 2018 and is subject to the 1099 filing requirements -File the 2018 Form 940-Employer’s Annual Federal Unemployment (FUTA) Tax Return -File the 4th quarter 2018 Form 941-Employer’s Quarterly Federal Tax Return -File the 2018 Form 945 - Annual Return of Withheld Federal Income Tax. You will use this form to report income tax withheld on all nonpayroll items, including backup withholding and withholding on accounts such as pensions, annuities and IRAs March 15, 2019 This is the due date for calendar-year partnerships or S corporation tax returns. If you can't file your return by 3/15, then you must file for a 6 month extension by 3/15. This is also the last day to make 2018 contributions to pension and profit-sharing plans #vbcpa #accounting #tax #taxplanning #smallbusiness #tax #irs #deductions #taxpayer #finance #doctor #dentist #dental #chiropractor #dermatologist #orthodontist #optometry #physical_therapist #physician #optometrist #ophthalmology #pediatrician #podiatrist #audiologist #doctors #healthcare #medical #Cardiologist #oncology #surgeons (at San Francisco, California) https://www.instagram.com/p/BsQVMLCl9B8/?utm_source=ig_tumblr_share&igshid=1sgnrvmj2n1kg

Beginning on Jan. 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 58 cents per mile driven for business use, up 3.5 cents from the rate for 2018, 20 cents per mile driven for medical or moving purposes, up 2 cents from the rate for 2018, and 14 cents per mile driven in service of charitable organizations. It is important to note that under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. Taxpayers also cannot claim a deduction for moving expenses, except members of the Armed Forces on active duty moving under orders to a permanent change of station. #vbcpa #accounting #tax #taxplanning #smallbusiness #tax #irs #deduction #taxpayer #finance #doctor #dentist #dental #chiropractor #dermatologist #orthodontist #optometry #physical_therapist #physician #optometrist #ophthalmology #pediatrician #podiatrist #audiologist #doctors #healthcare #medical #medicine #wellness #health  (at Dallas, Texas) https://www.instagram.com/p/Br5H0z6FBR3/?utm_source=ig_tumblr_share&igshid=1t2go5uc8jstl

The IRS recently issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. *58 cents per mile driven for business use *20 cents per mile driven for medical or moving purposes *14 cents per mile driven in service of charitable organizations It is important to note that under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. Taxpayers also cannot claim a deduction for moving expenses, except members of the Armed Forces on active duty moving under orders to a permanent change of station. #vbcpa #accounting #tax #taxplanning #smallbusiness #tax #irs #deduction #taxpayer #finance #doctor #dentist #dental #chiropractor #surgeon #dermatologist #orthodontist #optometry #physical_therapist #optician #physician #optometrist #osteopath #ophthalmology #pediatrician #pharmacist #podiatrist #ophthalmologist #periodontist #endodontist #radiologist #prosthodontist #gynecologist #anesthesiologist #neurologist #audiologist #allergist #orthopedist #doctors #healthcare #medical #medicine #wellness #health (at Dallas, Texas) https://www.instagram.com/p/Br5HUq0laoN/?utm_source=ig_tumblr_share&igshid=14a9kvcxsdel5

Beginning on Jan. 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 58 cents per mile driven for #business use 20 cents per mile driven for medical or moving purposes 14 cents per mile driven in service of charitable organizations It is important to note that under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. Taxpayers also cannot claim a deduction for moving expenses, except members of the Armed Forces on active duty moving under orders to a permanent change of station. Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates. A taxpayer may not use the business standard mileage rate for a vehicle after using any depreciation method under the Modified Accelerated Cost Recovery System (MACRS) or after claiming a Section 179 deduction for that vehicle. In addition, the business standard mileage rate cannot be used for more than four vehicles used simultaneously. There are other limitations to the mileage rate, for further information please feel free to contact us. vbcpa.tax | [email protected] 501-503-1272 #vbcpa #accounting #tax #taxplanning #smallbusiness #tax #irs #deduction #taxpayer #finance #doctor #dentist #dental #chiropractor #surgeon #dermatologist #orthodontist #optometry #physical_therapist #optician #physician #optometrist #osteopath #ophthalmology #pediatrician #pharmacist #podiatrist #ophthalmologist #periodontist #endodontist #radiologist #prosthodontist #gynecologist #anesthesiologist #neurologist #audiologist #allergist #orthopedist #doctors #healthcare #medical #medicine #wellness #health (at Washington, District of Columbia) https://www.instagram.com/p/Br5G-jVlF61/?utm_source=ig_tumblr_share&igshid=149536ib5m8ii

We wish everyone a Merry Christmas from our family to yours! #merrychristmas #christmas #happyholidays #vbcpa #accounting #tax #cpa (at Dallas, Texas) https://www.instagram.com/p/Br0XqXMFNzl/?utm_source=ig_tumblr_share&igshid=1dd8b7kufan81