Accounting

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  • February 26, 2015 5:19 pm at 5:19 pm #614980
    The Accountant
    Member

    If anyone has any questions regarding their taxes or other related questions I will do my best to answer.

    Yours truly,

    The Accountant

    February 26, 2015 5:23 pm at 5:23 pm #1061363
    ☕ DaasYochid ☕
    Participant

    Thanks, that’s so nice of you!

    So, how big is my refund going to be?

    🙂

    February 26, 2015 6:20 pm at 6:20 pm #1061364
    The Accountant
    Member

    That depends what ur situation?

    February 26, 2015 7:12 pm at 7:12 pm #1061365
    popa_bar_abba
    Participant

    Ok, here’s a tax related question.

    If an accountant posts on the internet that they will answer anyone’s tax questions posted in a thread, does that create a client relationship?

    February 26, 2015 8:02 pm at 8:02 pm #1061366
    BoruchSchwartz
    Participant

    i was issued a 1095-A for the medical insurance situation. i owe more money bc i made too much income for the plan that i had. ive heard that they messed up on this form and they will be sending out new 1095-As to those whose were done incorrectly. will i not be affected by this since i owe or did they also mess up those who owe?

    February 27, 2015 1:02 am at 1:02 am #1061367
    The Accountant
    Member

    The Treasury Department announced on Tuesday that taxpayers do not have to file amended returns if they already filed their 2014 tax returns relying on forms sent by the IRS that contained incorrect information about their health coverage and any advance premium tax credit they received. The IRS said it will not pursue any additional taxes owed due to the mistake.

    Last Friday, the IRS announced that about 800,000 taxpayers (20% of the people receiving the form) had received incorrect Forms 1095-A, Health Insurance Marketplace Statement, for 2014.

    This week, the IRS said that those taxpayers who have already filed their 2014 tax returns using the incorrect forms (which is estimated to be about 50,000 returns) do not have to file amended returns because the IRS has decided not to pursue any additional taxes owed due to the mistake. However, the IRS also noted that some taxpayers may be owed a refund when the correct information is reported and that they would want to file an amended return.

    Taxpayers who have not filed yet should wait to receive their corrected forms before filing. According to the Centers for Medicaid & Medicare Services website, taxpayers can log on to their account at HealthCare.gov to find out whether the Form 1095-A they received is incorrect.

    February 27, 2015 1:05 am at 1:05 am #1061368
    The Accountant
    Member

    Therefore boruch, I don’t think u should have an issue, but check with Ur local orthodox accountant. 🙂

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