Bookkeeping & Tax Services

No Required Minimum Distribution this year 2020

IRS: Seniors, retirees not required to take distributions from retirement accounts this year under new law | Internal Revenue Service IR-2020-162, July 17, 2020 — The Internal Revenue Service today reminds seniors and retirees that they are not required to take money out of their IRAs and workplace retirement plans this year.

Warning about passwords! Be careful!
https://www.irs.gov/uac/what-you-need-to-know-to-protect-your-passwords?_ga=1.260709261.1699698482.1475785915https://www.irs.gov/uac/what-you-need-to-know-to-protect-your-passwords?_ga=1.260709261.1699698482.1475785915

What You Need to Know to Protect Your Passwords That’s why phishing scams, which often seek password information, are so successful. Once a criminal has your password for one account, it’s highly likely you’ve used the same sign-on information for other accounts.

If it sounds too good to be true, it usually is! Don't believe the scammers!
https://www.youtube.com/embed/0y5z0kWgBcM?wmode=transparent&showinfo=0&autohide=0&theme=light&rel=0&fs=1&modestbranding=1&enablejsapi=1&origin=https://www.irs.gov&html5=1

Tax Scams The IRS warns taxpayers about an increasing number of tax scams in communities across the country. For even more information go to IRS.gov and type “scam” in...