Well, we’ve survived another Tax season rush, but our work isn’t done. For those of you on extension, you’ve been granted a reprieve, but there is still work to do. Stay in touch with your CPA. If you don’t have a CPA and you uncovered a tax situation you were uncomfortable in dealing with, then go out and find a CPA with a good reputation, one that you can trust, and one that will work hard for you.
For those of you who filed timely (maybe just in the nick of time in some cases), I’ve listed a few pointers for you to take with you as tax season is now behind you.
Where’s my Refund?
Straight from our friends at the IRS is a great tool to help you track the status of your refunds (if your lucky enough to get one). They have published the following information for taxpayer reference and use:
You can go online to check the status of your 2009 refund 72 hours after IRS acknowledges receipt of your e-filed return, or 3 to 4 weeks after you mail a paper return. Be sure to have a copy of your 2009 tax return available because you will need to know your filing status, the first Social Security number shown on the return, and the exact whole-dollar amount of the refund. You have three options for checking on your refund:
• Go to IRS.gov, and click on "Where’s My Refund"
• Call 1-800-829-4477 24 hours a day, seven days a week for automated refund information
• Call 1-800-829-1954 during the hours shown on your tax form instructions
Oops…I made a Mistake
Well, you filed your return, but now you’ve realized you made a mistake. Perhaps you left out some income or even missed a big deduction. It’s important to know that you can go back and make your return accurate by filing a Form 1040X, Amended U.S. Individual Income Tax Return.
Are you planning to move?
If you move after filing your return, and your worried about your refund and/or tax correspondence lost in the shuffle, take the time to send in Form 8822, Change of Address to the IRS. Additionally, file your change of address with the U.S. Postal Service.
That’s all for now. The mad rush for the 15th is behind, so now it’s safe to exhale. Check back in with us for our next series on Small Businesses kicking off in a few short weeks. Until then, enjoy this Spring time weather!!!
info@mcarthurco.com
704.544.8429
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment