Please be alert of the following criminal activity surrounding phony IRS calls that direct you to IRS.gov.
If you are ever unsure of the authenticity of an IRS call, please hang up and contact your tax advisor.
Details regarding recent IRS Scams can be accessed by clicking here or copy and paste the link below in your search bar.
https://content.govdelivery.com/accounts/USIRS/bulletins/1ebe114?reqfrom=share
The Green Group is proud to announce that we have been named one of the top accounting firms in New Jersey.
Thank you to all of our hard working staff and loyal clients!
You can check it out on pages 20-21!
http://www.njbiz.com/article/20180129/PRINT/180129893/njbiz-january-29-2018-issue
Click on link below to learn more!
http://www.state.nj.us/treasury/taxation/military/vetexemption.shtml
How The Green Group Can Help You Prepare For The Upcoming Tax Reform
Due to an error, taxpayers are receiving Identity Protection PIN letters with an incorrect year listed. Taxpayers and tax professionals should be advised the IP PIN listed on the CP 01A Notice dated January 4, 2016 is valid for use on all individual tax returns filed in 2016.
Beginning for the 2016 filing tax year, there will new due dates for Partnership, C-Corp, and FBAR returns.
The IRS may be signing new regulations to limit discounts on the transfer of family company interests.
It was generally recognized that “discounts” could be applied in valuing transfers of business interests among family members.
There were two recognized types of discounts:
In March, we put together a post on various IRS scams that are prevalent this year. (If you missed it, view it here) This month’s update is due to the increasing level of identity theft that is occurring throughout the country. Already, a number of our clients have needed to refile their returns by mail due to the IRS rejecting their e-file authorizations. The reason why? A return has already been filed under their Social Security number.
