Do you really want a big refund?

Do you really want a big refund? Some taxpayers always want a big refund and want to know how other people get big refunds.  The standard answer from tax preparers is to withhold more.  The more you have withheld, as a general rule, the larger your refund.   This is not withstanding refundable credits. Just remember,…

Tax Return ATaxCenterLLC

Misplaced SSA-1099 or SSA-1042S?

Two quick items: If you’ve misplaced your SSA-1099 or SSA-1042S before getting your taxes done, you can now go to http://www.socialsecurity.gov/myaccount/, create an account, and print a replacement form. The IRS has released a new version of its app: IRS2Go.  It is available in English or Spanish and will allow you to check your refund…

Do you receive 1099-MISC forms?

Do you receive 1099-MISC forms? If you are self-employed or own a small business you usually receive 1099-MISC forms instead of W2s. For as long as we’ve been doing taxes we’ve been seeing 1099-MISC forms issued with the company name and the owner’s social, or vice versa.   Beginning last year, we saw a tremendous amount…

CT Specific Fraud Alert

CT Specific Fraud Alert – if you haven’t heard, Anthem Inc., a very large insurance company, had its data breached.  Due to this breach Kevin Sullivan, Connecticut’s Department of Revenue Services Commissioner, issued a Media Alert to advise our state’s residents who are expecting federal or state income tax refunds to file their tax returns…