SASS Accounting

Professional Accounting Services at Personal Prices

 

Sass Accounting

221 E. Green Bay Ave.

Saukville, WI 53080

T: (262) 235-4250

F: (262) 235-4249

Admin@sassaccounting.com

Professional Accounting Services

At

Personal Accounting Prices

In Saukville, Wi

Click for Grafton, Wisconsin Forecast

Sass Accounting Newsletter

Sass Accounting now offers a quarterly e-Newsletter.  If you are not already receiving our newsletter and would like to do so, please click below to email our office and request to be added to our email list.

Sass Accounting Quarterly e-Newsletter

Client Comments

You can now see what our clients are saying about us by clicking here.  Please use the link on the bottom of the page to submit your own comments or suggestions.

Taxpayer Bill of Rights

Taxpayer Bill of Rights https://drake.us/wp-content/uploads/2016/11/Taxpayers-Bill-of-Rights.pdf

Laurie Ziegler

Laurie W. Ziegler, EA, NTPI Fellow

 
Appointment Schedule

Effective February 1, 2017 - April 14, 2017

On Friday, April 14th we will not be scheduling any appointments after noon.
On Saturday, April 15th there will be NO appointments.

MONDAY:

10:00, 11:00, (Break@12)
1:00, 2:00, 3:00, 4:00, (Break@5)
5:30, 6:30, 7:30.

TUESDAY AND THURSDAY:

9:00, 10:00, 11:00, (Break@12)
1:00, 2:00, 3:00, 4:00, (Break@5)
5:30, 6:30, 7:30.

WEDNESDAY

9:00, 10:00, 11:00, (Break@12)
1:00, 2:00, 3:00, 4:00, 5:00.

FRIDAY:

9:00, 10:00, 11:00, (Break@12)
1:00, 2:00, 3:00, 4:00, 5:00, 6:00.

SATURDAY:

9:00, 10:00, 11:00 12:00.

 
Preparing For Your Tax Appointment

Some things to keep in mind when making your appointment:

~ Clients not arriving on time for scheduled appointments will be charged a fee of $22.00. Those not arriving within 15 minutes of their appointment time may be required to reschedule and would be charged a No Show Fee of $43.00.

~ If you contact our office to schedule an appointment or drop off your tax documents without an appointment after 2/28/17 (for business taxes) or 3/31/17 (for personal taxes), you may be assessed a late fee of $43.00, $65.00 after the 5th of the month, $86.00 after the 10th of the month; or receive an automatic extension at our discretion.

~ Tax information dropped off after March 31st does not guarantee that your taxes will be completed by April 15th. An extension will be filed if time/lack of information doesn't permit completion.

~ 1120/1120S Corporations & Partnerships - your tax returns are due 3/15/17.

~The 1099-G (documentation of your prior year state refund) from the State of Wisconsin is available online from the Wisconsin Department of Revenue:

https://www.revenue.wi.gov/eserv/Form1099G/index.html

 

**Please print your 1099-G and bring it to your tax appointment.**

 
Partnership Tax Returns

Please note, Partnership tax returns are now due March 15th!

 
ACA Addendum Form

The Patient Protection and Affordable Care Act (PPACA) 2010 HR3590, or Affordable Care Act (ACA) for short, is the new health care reform law in America and is often called by its nick-name Obamacare. The Patient Protection and Affordable Care Act is made up of the Affordable Health Care for America Act, the Patient Protection Act, and the health care related sections of the Health Care and Education Reconciliation Act and the Student Aid and Fiscal Responsibility Act. It also includes amendments to other laws like the Food, Drug and Cosmetics Act and the Health and Public Services Act. Since being signed into law additional rules and regulations have expanded upon the law, we have attempted to update our summaries with those changes.

In order for Sass Accounting to complete your Taxes, we are required to have every client sign the ACA Addendum Form and submit it to us. This must be done BEFORE we are allowed by law to do your taxes. Please use the link below to download the form, fill it out and return it to us.

CLICK HERE for the ACA Addendum Form

IRS has listened to the insurance companies and businesses who are required to issue Forms 1095-B and 1095-C this year.  They have expressed concern over accurately completing the forms and getting them out to taxpayers (and to IRS) by their due dates.  IRS has granted an extension for the issuance of these forms for the 2016 calendar year.  Form 1095-B & 1095-C are NOT needed in order to complete your tax return.  However, those who have insurance obtained through the Market Place will be receiving a 1095-A and we CANNOT complete your tax return without it whether or not you had advance payment tax credit.

If you were covered by health insurance at any time this year, you should be receiving a Form 1095 that will be needed to complete return.

Click here to read more

 
Expect Refund Delays

Over the past few years, the IRS has found the 90% of all e-filed tax returns were received within less than 21 days after filing.  This time frame does not apply to returns that are mailed to the IRS.   If you claim the Earned Income Tax Credit (EITC) or Advanced Child Tax Credit (ACTC), here's the latest news for you directly from the IRS:

The IRS will begin to release EITC/ACTC refunds starting Feb. 15. However, the IRS cautions taxpayers that these refunds likely won’t arrive in bank accounts or debit cards until the week of February 27 -- if there are no processing issues with the tax return and the taxpayer chose direct deposit. This additional period is due to several factors, including banking and financial systems needing time to process deposits.

Read more: Expect Refund Delays
 
Affordable Health Care Act & Insurance

Do you have questions about the Affordable Care Act? Are you looking for affordable health insurance options? Drakehealth.com is the solution.  Their calculator will assist you in determining your health insurance subsidy and their resources section has many answers to your questions regarding the Affordable Care Act.  Follow the links below to get started.

If you are under 65, follow this link:http://drakehealth.com/site/svc/egateway?sid=16062


If you are age 65 or older, here's a link for you:http://drakehealth.com/site/svc/egateway?sid=16062&AGE=65

 
Enrolled Agent Week

Laurie was instrumental in having February 1-7, 2017 proclaimed “Enrolled Agent Week” by Wisconsin Governor Scott Walker. 

Click here to view the proclamation.

 
2016-2017 Key Numbers

Many numbers we use in our profession are indexed for inflation. The effective date for many of these inflation calculations is August 31. This chart contains the amounts for 2016 and 2017 for many items we deal with on a regular basis. These amounts are the official IRS amounts. Any amounts that have not yet been released by IRS as of this article's deadline are indicated with an asterisk.

Read More Here

 
Security At Tax Time

Be Smart About Security at Tax Time 

Although the IRS reports a 400 percent surge in phishing and malware incidents during the 2016 tax season, there are simple steps you can take to help protect yourself.

Here are nine hints that can help:

Read more: Security At Tax Time
 
January 30-February 3 was Identity Theft Awareness week

Click here https://www.consumer.ftc.gov/features/feature-0029-tax-identity-theft-awareness-week to learn about tax-related identity theft and IRS imposter scams and what you can do about them.

 
Fighting Tax Scam Phone Fraud Four Ways

Fighting Tax Scam Phone Fraud Four Ways

(NAPS)—The Internal Revenue Service has a warning for many Americans (and it’s not about pay- ing your taxes). Instead, the agency has tips on how to protect yourself from tele- phone scam artists calling and pretending to be with the IRS.

Read More

 
Scams & The IRS

Scams and identity theft that affect the IRS have been on the rise.  Here are three common types to be aware of:

IRS-Impersonation Telephone Scam

An aggressive and sophisticated phone scam targeting taxpayers, including recent immigrants, has been making the rounds throughout the country. Callers claim to be employees of the IRS, but are not. These con artists can sound convincing when they call. They use fake names and bogus IRS identification badge numbers. They may know a lot about their targets, and they usually alter the caller ID to make it look like the IRS is calling. 

Read more: Scams & The IRS
 
Certain Medicaid Waiver Payments May Be Excludable From Income

Certain Medicaid Waiver Payments May Be Excludable From Income

If you receive payments from the state Medicaid program, there is tax relief for some of those payments if you qualify

Read more: Certain Medicaid Waiver Payments May Be Excludable From Income
 
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until April 15th 2017

NAEA
Enrolled Agent

The New EA Directory

Make sure your friends and relatives can find a qualified tax profession! The new and improved EA directory is now available: http://taxexperts.naea.org/

Where's My Refund?

Taxpayers can check their refund status by visiting the appropriate website below.

Federal Tax Return - Note: You must wait 72 hrs from the time you eFiled to obtain information.  If you paper file, you must wait 3 weeks.

Wisconsin Dept of Revenue



File Online