Thursday, January 17, 2019

IRS and Tax Filing Update During Government Shutdown


Here is the most recent information we have during this partial government shutdown.  We do not have the schedule of updated tax software.  Please go to the IRS website for more up-to-date information.

The IRS Will Accept E-Filed Tax Returns on Jan. 28
Despite the partial government shutdown, the IRS announced that they will begin accepting and processing individual tax returns on Jan. 28, 2019.

Read more about this announcement on IRS.gov.
The IRS Plans to Issue Refunds as Scheduled
In addition, the IRS announced recently that refunds would go out even if a partial government shutdown persisted. Please remember, it can take up to 21 days  to get a refund from the IRS after you file the return.

Some IRS Operations Remain Limited
In addition, the IRS announced on Jan. 15 that while some of its operations will be operating as normal, others will be limited during the appropriations lapse:
  • The IRS processes for refund fraud detection and ID theft prevention will continue to operate as normal.
  • Automated systems, such as Where’s My Refund, will remain operational.
  • While in-person assistance locations will remain closed, IRS will be bringing staff back to answer phones, but at a reduced level that may increase wait times.
We hope that if you have any questions, please call Tabatha at 410-515-5800 for your tax return appointment today.   Join B. Michael Shanley on Feb 7 and 12 at the White Marsh Library for a very important workshop on Taxes in Retirement.  Seating is limited, please call for reservation today.



Sunday, January 6, 2019

Tax Time and Workshops - White Marsh Maryland

We welcome in 2019 with some new changes to our team and locations!  We have completed the purchase of Accurate Business Services in White Marsh, Maryland.  This adds another level of professional skills and services to all clients.  Bill and Donna Feehley decided it was time to retire, and Michael was looking for a great team of tax and bookkeeping professionals.  The Brandywine Advisors Group will now have a full tool box to assist families, business owners, and start-up businesses.  The focus will be tax planning and preparation, payroll and bookkeeping, valuation, and new company formations.  The group is also focused on retirement planning with key strategies for capital preservation and lifetime guaranteed income.  Going forward, the team can now offer a one-stop financial services platform.  This platform is what clients have asked for as retirement and taxes become more complicated and confusing.
Kicking off the year with three workshops at the White Marsh Public Library for important information on Taxes in Retirement.  Baby boomers are hitting the "tax torpedo" without any warning!  Your host, B. Michael Shanley will discuss the options, the strategies, and the long term plan for lower taxes, higher yields, and lifetime financial security.  Dates are for January 14, February 7 and 12.  Seating is limited, reservation required.

Please call (410) 515-5800 for your reservation today.  www.AccurateBusiness.com

Have a very blessed 2019 and we look forward to seeing you soon!