Tax Alternative Group

A couple of our clients have received a notice from the NYS Dept of Tax an Finance stating there was an error in the tax calculation in their return. We responded to NYS with a manual calculation of the tax contesting the adjustment. Our colleagues at the NY Association of Enrolled Agents have confirmed with the NYS DTF that there is an error in their software causing these erroneous adjustments.

Did you know one of our added services is a Business Bundle?

The IRS has put out a Frequent Asked Questions Fact Sheet about the Executive Order to phase out paper refund checks. One Detail is that if returns are filed without updated banking information, refunds will be delayed, and the IRS may send out messages with instructions how to update their bank information.

Please be aware that this may open the door for scammer posing as the IRS. The IRS will never ask for this information over the phone. Do not click on any links to update bank information but go to the directed site on the IRS webpage if directed. THE BEST AND SAFEST COURSE OF ACTION IS TO PROVIDE THIS INFORMATION TO US BEFORE YOU FILE.

https://www.irs.gov/pub/taxpros/fs-2026-02.pdf?fbclid=IwY2xjawPoOcBleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeqJAbPnl4X7JamSokK2HTfiiI1BIl5VxhBZubn92bFGm8YYyca42tpWo6Lf4_aem_SUxQit3dD2q4dLAFG-Z8Vw