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  • IRS Delays Triggered Some Premature Collection Notices
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    View this email in your browser IRS Delays triggered some premature collection notices The tax season opened Monday. Just three days later, the IRS announced it was suspending the mailing of certain automated notices because of a backlog in processing returns. The move would avert additional correspondence with taxpayers that would only add to the…

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  • The Four Big Tax Law Changes & How They Affect You
    The Four Big Tax Law Changes & How They Affect You
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    We are now right in the thick of 2019 tax season! This is the second year of filing tax returns using the 500-plus pages of tax code changes passed into law in late 2017. To help you plan for the new rules, these are the four biggest changes, and their potential impact on your tax…

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  • How the Government Shutdown Affects Your 2019 Tax Filing
    How the Government Shutdown Affects Your 2019 Tax Filing
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    Hi Friends, It’s almost tax season and while I think we can both agree it is nobody’s favorite time of year, (especially with the government shutting down) don’t worry—I have good news for you! Yes, this tax season is a little unusual with the government shutdown, but in their first announcement of the year, the…

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  • IRS SCAM ALERT!
    IRS SCAM ALERT!
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    ParsonCPA would like to make our clients aware of the following scam alert from the IRS:   “IR-2018-27, Feb. 13, 2018 WASHINGTON — The Internal Revenue Service today warned taxpayers of a quickly growing scam involving erroneous tax refunds being deposited into their bank accounts. The IRS also offered a step-by-step explanation for how to…

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  • 2017 Tax Reform – What It Means for You
    2017 Tax Reform – What It Means for You
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    2017 Tax Cuts and Jobs Act On Friday, December 22, 2017, the Tax Cuts and Jobs Act (H.R. 1) was signed into law by President Trump. Just about all of these provisions go into effect on January 1, 2018. There are many tax planning considerations for both individuals and business owners, so for your convenience,…

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