I know many of you are anxious to get your 2012 tax return in to the Internal Revenue Service.While the IRS has announced that it won’t accept or start processing any returns until Jan. 30, you can go ahead and get started.Fill out the forms that are available and if you have all that you need, go ahead and e-file your return.Your tax software company or paid tax professional will hold your return until the IRS is ready to take it. If you send in dead-tree paper forms to the IRS, they’ll just sit there in your IRS processing office until Jan. 30.
Debra Moore, CPA, Owner
P.O. Box 751
Bedford, VA 24523
moorebookkeeping at msn. com
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- Bullet Journal
- Changes to 2018 Taxes
- New 20 percent deduction for passthrough businesses Many owners of sole proprietorships, partnerships, trusts and S corporations can deduct up to 20 percent of their qualified business income.
- When To Expect Your W-2, 1099 & More Tax Forms In 2017 (And What To Do If They’re Missing)
Check Your CreditEveryone should check their credit report at least annually. Go to this free, secure site to check it. To assure that your credit file is disclosed only to you, the nationwide consumer credit reporting companies will authenticate your identity utilizing the personal identification information you provide on this site, including, but not limited to, your Social Security number, and then require that you answer certain questions. For your protection, if your identity cannot be authenticated for online delivery of your credit report, you will receive further instructions on how to request your report for delivery by the U.S. Postal Service. Failure to authenticate for online delivery of your annual credit report is not an indicator of fraudulent activity or identity theft.