2018 Tax Outlook for R&G Brenner Clients
4 minutes read
Dear R&G Brenner Clients,
Current Promotions
Tax Tips & News
Hacked Equifax Hired by IRS
2 minutes read
Yes you read that right. The IRS plans to go forward with hiring Equifax to verify and validate taxpayer identities in the wake of their massive systems breach. If you missed the news (because apparently the IRS did), hackers were able to obtain confidential financial information—including social security numbers—of 145 million users; which now equates to the largest US data breach in history.
Who Benefits From Trump’s Tax Plan?
9 minutes read
While the details are just emerging and the final plan is sure to change, the tax overhaul that Trump & the Republican party recently unveiled has clear beneficiaries; and early indications are it is NOT the “middle class”. In fact, according to this analysis, Trump’s tax plan will see the majority of the benefits—i.e. tax cuts— to the rich; particularly the top 1% & 0.1%.
Hurricane Harvey & Irma Tax Relief
4 minutes read
In the wake of the devastation of Hurricane Harvey, and the recent disaster declaration by President Trump, the IRS is offering tax relief to Texas victims affected by the storm:
Partnership Tax Return Due Date Approaching
1 minute read
The IRS has implemented a significant change to Partnership tax returns. In past tax seasons, the due date for Partnerships was the same as the due date for personal returns; usually around April 15th. However, starting for tax year 2016 (calendar year 2017) the new due date is March 15th.
Regardless Of “Trumpcare” Outcome, “Obamacare” Being Starved To Death
13 minutes read
At R&G Brenner, one of our cardinal rules is that we try to remain apolitical. Simply put, the acrimony and division exhibited these last few elections cycles has clearly increased in frequency & intensity. R&G Brenner services thousands of clients across all political spectrums, and it is simply not good business to potentially upset even one of our clients. However, when speaking about a subject like health care, it is impossible not to dive into politics; and this is really is the crux of...
IRS Now Accepting All Tax Returns
1 minute read
After delays to the start of the tax filing season, and additional delays for tax returns with certain forms like the earned income tax credit & the additional child tax credit, the IRS is now accepting ALL tax returns for processing!
Is My Refund Delayed? What Can I Do?
3 minutes read
“Will my refund be delayed this year” is becoming an all too common refrain these days. Delayed e-filing dates, IRS not accepting tax forms & documents not being mailed out on time have all occurred over the last few years and have caused refund delays. However for the 2017 tax filing season (2016 tax year), it looks like we will get hit with all three of these scenarios at once:
Employers Must Provide W2s & 1099s By January 31st
3 minutes read
The IRS has a new due date requirement of 1/31/17 for employers to provide W2s & 1099s to employees & contractors. Traditionally, 1099s were allotted more time to be delivered. Not so for 2017 (tax year 2016). Here are some more popular forms that must be released by 1/31: