Flynn Accounting, LLC

06/26/2020

If you receive one of these, please ignore and put it in the shredder. You can go on the Indiana Secretary of State website and do it yourself for under $35.00.

08/22/2019

The IRS has a new Tax Withholding Estimator. With the changes from the new tax law, we saw several people whose withholding was too low or too high. Check it out at irs.gov/withholding.
And don't forget to give your employer a new W-4!

Body The Tax Cuts and Jobs Act changed the way tax is calculated. The IRS encourages everyone to perform a “paycheck checkup” to see if you have the right amount of tax withheld for your personal situation. For employees, withholding is the amount of federal income tax withheld from your paychec...

02/05/2019

I'm sure most of you watched the Superbowl. Did you get to watch the TurboTax commercial? The one that says you can have a CPA help you with your taxes? If TurboTax has the money to buy a commercial during the Superbowl, does it make you question how much they're charging you? Don't you like doing business with someone you can know personally and who has local experience? The CPAs you're likely to work with won't be local or know the peculiarities of Indiana and Kentucky tax law. If they don't know your tax codes, how do you know you're going to get the best return for what you're paying? Come see us! :)

12/12/2018

Here's a great Indiana deduction!

Tax Talk is a weekly blog published each Wednesday by the Indiana Department of Revenue (DOR).

11/30/2018

Please watch this video from the IRS about W-2 scams. Let us know if you think you've been scammed so we can help you report to the appropriate authorities!

Find out how identity thieves are using email to impersonate your company’s executives to steal your workers’ W-2 forms. For more information, go to https://...

08/15/2018

Topic: Paycheck Check-Up Week August 13 – 17, 2018

Who it affects: All Taxpayers

Key points:

The IRS continues to urge taxpayers who haven’t yet done a “Paycheck Checkup” to do one as soon as possible to see if they’re having their employer withhold the right amount of tax after major changes in the tax law. The IRS Withholding Calculator can help taxpayers learn if they need to make changes soon to avoid an unwelcome surprise come tax time.

During the week of Aug. 13, the IRS is focusing on some groups of taxpayers who should especially check their withholding.

Please help us get the word out -- the earlier people check and adjust their withholding, the more time there is for withholding to take place evenly during the rest of the year.

Information to share:

News releases, Tax Reform Tax Tips and drop-in articles. These products are available online, many of them in Spanish. News releases will be available on our Tax Reform News page as they’re issued this week. Tax tips and drop-ins will be on the Tax Reform Resources page as they’re issued.

Monday: Taxpayers who got a big refund in 2018 (news release, tax tip, drop-in)

Tuesday: Taxpayers with high income or complex return (news release, tax tip, drop-in)

Wednesday: Taxpayers who support dependents who can’t be claimed for the Child Tax Credit (news release, tax tip, drop-in)

Thursday: Taxpayers with children, other dependents (news release, tax tip, drop-in)

Friday: How to file a new Form W-4 (tax tip)

A new one-page flier. Publication 5303, Paycheck Checkup, is attached in English and Spanish. The flier is also on our Resources page.



· Social media

· Several social media images, GIFs and tweets are attached for you to use on your own social media accounts.

· Retweet info and more from the IRS’s Twitter accounts:

· - IRS news and tips for the public

· - IRS information for tax professionals

· - IRS news and tips in Spanish

YouTube videos

· How to Use the Withholding Calculator for Paycheck Checkup: English

· Paycheck Checkup: English | Spanish | ASL

· IRS Withholding Calculator Tips: English | Spanish

· Do I Need to Fill Out a New W-4?: English | Spanish | ASL



Other resources and general information

Bookmark the IRS’s Tax Reform page on IRS.gov for the latest on tax reform topics.
You can subscribe now to IRS Tax Tips to get the IRS’s Tax Reform Tax Tips.

07/10/2018

Please be sure to check your Federal withholding - the new tables may result in less of a refund for 2018!!!

06/29/2018

Understanding the new tax laws.
Thanks to all the came out!

11/05/2015

http://www.wthr.com/story/30410045/indiana-department-of-revenue-tax-amnesty-letters-raising-questions

Several viewers have contacted WTHR about letters they've received from the Indiana Department of Revenue informing them that they may be under reporting taxable income.

08/18/2015

If you get a notice from the IRS saying you owe them money, go see your CPA!

08/14/2015

Staff celebration!!