The IRS mails letters or notices to taxpayers for a variety of reasons including: • They have a balance due.• They are due a larger or smaller refund.• The agency has a question about their tax return.• They need to verify identity.• The agency needs additional information.• The agency changed their tax return. If a […]
You have filed your taxes and are expecting a refund on your Federal Return. How can you check on the status of your refund? Visit the irs.gov website and use the Where’s My Refund tool. Your return should be available within 24 hours after the IRS has acknowledged receipt. You will also be able to […]
New Jersey recently launched a free website called NJ FinLit. This site is sponsored by the New Jersey Department of the Treasury and contains interactive tools, videos and articles which can be used to understand and manage your financial resources. While there are many resources on the internet with regard to financial wellness, you must […]
Hmmmm, good question. Probably one that you have never thought about. This issue came up for discussion during a recent departmental meeting. As attorneys change firms, they may bring files and other documents with them to their new firm. And, sometimes, those documents include originally signed Last Wills and Testaments of individuals who may not […]
You have completed your estate planning and have created a trust. Do you know what the duties of your named trustee are? You are probably thinking – the trustee has to take care of the assets, pay any related bills, file any required income tax returns and make distributions. Am I on the right track […]
What would your reaction be if someone you loved asked you to help them die? If someone was diagnosed with a terminal illness and the loved one was taking the necessary steps to acquire the medication necessary to end their life in their own timing, how would you feel? It is becoming more available for […]
As the federal tax filing deadline approaches later this month, the Internal Revenue Service announced that many Taxpayer Assistance Centers (TACs) will be open around the country this Saturday, April 9, 2022 for face-to-face help. This special Saturday help is available from 9 a.m. to 4 p.m., and no appointment is needed. Normally, TACs are […]
Time to think – or to check – did you file a 2018 federal income tax return? If not, might you be entitled to a refund? Hmmmm, so now is the time to check your 2018 return. Currently, there are over $39,000,000 in refunds due to an estimated 39,000 taxpayers in New Jersey, with Pennsylvania […]
When was the last time you checked your credit report? Have you ever checked your credit report? Do you know how to check your credit report? With the pandemic, errors have doubled on credit reports. Why? Certain programs implemented during the pandemic, such as forbearance periods on federal student loans and federally backed mortgages, have […]
It is so common to hear grumblings about the IRS and all of its downfalls, but did you know that there is a Taxpayer Advocate? The duties and responsibilities of the advocate are to address concerns of taxpayers and improve the service that we as taxpayers receive. So, exactly what does this Taxpayer Advocate do? […]
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