A reminder that if you rent your home or vacation property on a weekly basis, the Maine Sales Tax rate will be increasing on January 1, 2016. The current 8% Lodging Tax will increase to 9%. This will particularly affect those who are already making commitments for 2016!
For those taxpayers who make quarterly estimated tax payments, your third quarter tax estimate is due September 15, 2015. If you need copies of your vouchers or have questions please contact us at 207-244-3737 or email us at email@example.com.
We have been hearing from clients that they have been receiving phone calls from the IRS. There are a group of people making fraudulent phone calls pretending to be IRS agents. They may say you have a refund coming; or they may even threaten you with imprisonment! Any phone call from the IRS is FAKE. The IRS will NEVER call you and will never email you. The IRS will only correspond through the U.S mail.
If you get a call from someone pretending to be an IRS agent, just hang up the phone. Under no circumstance should you ever give someone your personal information. We are always available to answer any questions or concerns you have about these calls.
In light of these recent incidents we have put together a couple of tips to protect your personal information from scammers.
Never give out your social security number or any other piece of personal information over the phone, email or website that you haven’t verified to be a legitimate source.
Don’t be afraid to be paranoid! There are people everywhere looking for a way to get your personal information. If something doesn’t feel right, it probably isn’t no matter how simple it may be.
Never click a link in a strange email. Did you get an email with a link from someone you don’t know? Did you get an email from the IRS or any other “official” looking office and you didn’t request or hear from them previously? Do not click that link! The IRS does not email anyone.
Question everything! The safest way to protect your information is a little critical thinking. Don’t panic, and ask would the IRS really have a reason to call me and if so why? I got an email from someone claiming to be an agent, why would they have my email and since when does the IRS send out email? Read everything slowly and carefully. The majority of fake emails will look false if you take the time to read them from start to finish.
Use your accountant. We are here to help you. When you receive a questionable phone call or email, call us. We will be able to tell you if it is a problem and advise you of the actions to take if needed. This will assure all inquiries are handled through legitimate sources and not the phone numbers or websites that they give you.
It is that time of year again! If you have filed an extension for your personal taxes just a quick reminder that your due date is October 15, 2014.
Please contact us at 207-244-3737 or firstname.lastname@example.org if you have any questions on your return, extensions, or anything else!
The Southwest Harbor Shoppes are having a block party to celebrate the 30th year anniversary of Westside Florist and Artful Designs and Hair Care and Art.
We will have music, prizes and raffles. Many of the businesses will be open and participating in fun activities and from 12-2pm don’t miss out on the chance to see Danny Harper perform live!
Come visit Snow2 CPA at our Snow Cone booth, enter raffles, and compete for prizes! The event is starts at 12, Saturday July 19th.
You’ve gotten phone calls, emails, and mail galore from them, but who are the Snow2 CPA staff?
We have a wonderful, dynamic team at Snow2 CPA and we would love for you to learn more about them.
Jim, Managing Principal
Jim has over 26 years of experience with expertise that extends across a variety of areas, including Individual Taxation, Business Accounting & Taxation, Business Process Development, Healthcare Practice Management, and technology. Jim specializes in strategic financial services & helping businesses with financial management systems. Additionally, he has significant experience with computer hardware, software, networks, and data warehouse systems.
Mistie, Staff Accountant
She has been with Snow2 CPA since 2008 and aside from being a vital part of our tax team. She is also one of our bookkeepers. Her former career in banking provided the strong skill set necessary to deliver our clients exceptional bookkeeping services.
Jacqueline, Staff Accountant
Jacqueline is an experienced staff accountant with a diverse background and over fifteen years in accounting alone. As a long time transplant on MDI, she handles our business accounts with all the care and dedication of their owners.
She is the one you probably hear from the most. She sends out everything from estimated payment vouchers reminders to your yearly organizers. The point of contact for many of our clients, Krista is the first one you speak to when you call the office.
A quick reminder, that the next estimated tax payment is due on June, 16, 2014.
What is an estimated tax payment?
They are projected payments you make to the IRS toward your upcoming year’s tax liability.
Why do I have to pay estimates?
The IRS requires you to pay estimated tax payments if you expect to owe the US Treasury more than $1000 over your wage & personal withholding
If you make estimated payments to the IRS, you should take a moment to mark your calendars with the dates below.
April 15, 2014...............1st Quarterly Payment
June 16, 2014................2nd Quarterly Payment
September 15, 2014......3rd Quarterly Payment
January 15, 2015...........4th Quarterly Payment
For our Snow2 CPA clients! Your payment vouchers, if you have not already found them, are located in the grey envelope you received from us upon the completion of your tax return. They have all the necessary information, including due dates, address, amount due and even a pre-labeled envelope for your convenience.
We would be happy to assist on any questions on your estimates or help calculate your payments if you think you may be required to pay.
Contact us at (207) 244-3737 or email@example.com