March 2019

In this issue:

• Oh No! Your Tax Refund is Now a Bill
• Hints to Eliminate Monthly Bill Creep
• Businesses: File on Time or Pay the Price!
• Candyland Getting Stale? Try These Board Game

This Month:

• March 15th: Due date for Partnership & S Corp Tax Returns (Forms 1065, 1120S)
• Reminders: Daylight Savings time begins Sunday, March 10th
  

  Tax season is in full swing. Early reports from the IRS indicate that, on average, refund amounts are down compared to last year. If this is you, the first article lays out some reasons for the change. This issue also includes a warning to business owners to file their taxes on time, tips to keep your monthly bills in check, and some exciting board games to try.

Call if you would like to discuss how any of this information relates to you. If you know someone that can benefit from this newsletter, feel free to send it to them.

The time to organize your tax records is now. Waiting until the end of the year or, even worse, waiting until you are audited can lead to headaches. Here are some tips to get on top of your tax records.

If a parent or loved one died this past year, you may wish to consider filing a final tax return even if not technically required to do so.

IRS PIN Announcement: DO NOT THROW OUT

If you are one of the unfortunate victims of IRS identity theft you will need a one-time PIN to file your tax return. Without this numeric identifier your 2015 tax return will be rejected. The IRS issues taxpayer victims this PIN in a written notice.