Tuesday, September 27, 2022

WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?

 

*  Russ Fox tells those of you who have not yet filed your extended 2021 income tax returns “It’s Time to Panic!” at TAXABLE TALK -
 
If your return is simple and straightforward, stop procrastinating and get it done and filed. If your return has any sort of complexities, you must start working on it now. Your tax professional needs time to get it done correctly. You need to turn in that paperwork post haste. If you’ve procrastinated, stop, sit down, and get it done–NOW.”
 
And that was posted a week ago!
 
* More proof it is not a good idea to use “fast food” commercial tax preparation services from Michael Cohn at ACCOUNTING TODAY – “D.C. Attorney General sues Liberty Tax over 'misleading' cash advance promotion”.

The lawsuit alleged that Liberty aggressively marketed its services to low-income residents in D.C. by offering them $50 in cash ‘just for filing,’ but then actually increased the tax prep fee for clients who accepted the cash payments.”

* A very important BOBSERVATIONS post this week.  Please read and share.
 
* A reminder from Kay Bell at DON’T MESS WITH TAXES – File 2019, 2020 tax returns by Sept. 30 to avoid IRS penalty”.
 
* And Kay also discusses “Valuing tax-deductible donated clothing & household goods” in a subsequent post.
 
* FYI, the NJ Division of Taxation has a new FAQ page about the also new ANCHOR property tax relief benefit program.  Click here.
 
* Planning to visit my area?  Check out my free local North East PA handout THE LAKE REGION SOMETHING.  
 
THE LAST WORD –
 
More Republican hypocrisy.
 
An erroneous Republican TV ad in PA says we should vote against Democrat Matt Cartwright because he is “focused on himself”.
 
But they still love Trump.  The ONLY thing Trump is focused on is himself.
 
BTW – if you wonder why I am not a Republican it is because I have a brain and a conscience.
 
TTFN











No comments: