TO:ALL SURVIVORS OF THE U.S. GOVERNMENT CLOSURE,

FROM: R. Daniel McNeely, CPA                           (770) 594-8796

Important things to track down and bring to me, and include with the

completed Organizer or enclosed in the package you bring to me:

 

--ALLcopies of your W-2 from your employer

--Copies of Social Security cards for children born in 2017

--Form 1095-A( a new form only for people who obtained medical

    insurance on the OBAMACARE Marketplace website last year)

--Forms 1095-B/C if your employer provided the medical insurance

-- Forms 1099 for any extra income you might have earned during the year

 

This is a very generalized summary of the new tax bill. Every person’s

circumstance, income, family size, etc. will determine the savings (and hopefully

not additional tax!) of the changes in the tax laws!

 

LOWER TAX RATE BRACKETS- This should make your take home paycheck slightly higher, since less taxes will be taken out. The brackets will drop on average 2 to 3 % each, along with changes in how much income is taxed at

lower brackets. The higher your income, the more you should save.

We have noticed a large increase in the number of notices from IRS and
Ga Dept of Revenue that clients are receiving, telling you that you owe

extra money, or a penalty, or something is missing. Most of these are incorrect

and are due to IRS misposting or other incorrect processing by their

technicians, or documents you never received from banks or brokerages.

When we receive a notice, we try to handle as many as possible by

mailing in our responses to the IRS, rather than by calling.

TAX SCAM ALERTS:

PHONE CALLS TELLING YOU THAT THE IRS IS AFTER YOU, OR YOU OWE MONEY, OR THAT YOU WILL GET ARRESTED IF YOU DON’T PAY

A lot of folks have received phone calls from numbers that

sometimes show “ UNKNOWN” , “PRIVATE”, “WASHINGTON, DC”

or just unfamiliar phone numbers. Sometimes a recording states that you owe a sum of money and that you need to call to make arrangements or you will be ARRESTED.

Please know this is a total SCAM. Our IRS is difficult at times, but

they do not operate that way with their collections and this is a