Below are the new Federal Tax Rate Schedules. This chart compares year 2017 rates with the new 2018 rates.  

If you are calling the IRS regarding your personal taxes and are trying to get a real person on the phone then see below. To help we have listed the numbers to press after calling the IRS which currently will get you a real live IRS agent on the phone.

One of our clients called us because he was frustrated. He had been trying to call the IRS and speak to a human. He had tried various options but none gave him the answer. He needed to speak to an IRS agent.

Dialing 1-800-829-1040 can leave you stuck in the “Choose Option” loop.

Now we share with you the quickest way to get a live IRS agent.
The number to call if you have a question regarding your personal taxes is:

1-800-829-1040

• 1st option is to choose  1 to continue in English
• 2nd option is to choose 2 Answers about your Personal Income Taxes
• 3rd option is to choose 1 Questions about a Form, Payment, Order Tax Transcript
• 4th Option is to choose 3 For all Other Questions
• 5th option is to choose 2 For all Other Questions
• 6th You will be transferred to an IRS Tax Agent!

We have noticed that pressing 0 does nothing and will not get you to customer service or a human.

As a recap if you trying to call the IRS 1800 number and would like to speak to an agent then when asked press the following options:

Call 1800-829-1040 then press the following options 1 2 1 3 2 and speak to an agent.

Beginning January 22, 2017 employers are required to use the new I9 form to verify your employees work eligibility.

The new form must be used for every employee hired after November 6th 1986.

To comply with the Immigration and Nationality Act as enforced by U.S. Immigration and Customs these forms along with supporting documents need to be filed in a file that is separate from your normal employee file.

Employers should:

1. Download and print the new I9 Form issued 11/14/16 - See link below
2. Ask your employees to fill out page 1 of form and provide supporting documents from page 3
3. Employer fills out page 2 listing document provided by employee
4. File all I9 forms in a file that is separate from your employee file

2016 due date for 1099 and W2's is January 31, 2017.

For 2016 the penalties for late or non filing of W2's and 1099's have increased as follows:

• $50.00   per W2/1099 = Late less than 31 days
• $100.00 per W2/1099 = If over 31 days but mailed by August 1, 2017
• $260.00 per W2/1099 = If mailed after August 1, 2017
• $530 = 1099s only. Intentional disregard and failure to report.

Please make sure you have mailed your W2's and 1099's by the deadline to avoid these high penalties.

Read the below chart for all the information you need for 2016 Wage & Tax facts.
Chart shows Minimum Wage, Fica, Health Savings Accounts plus much more.

IRS Warns of New Phone Scam
Aggressive and threatening phone calls by criminals impersonating IRS agents have taken a new tactic the last few weeks.
The latest variation has the scam artists calling taxpayers to say they have their tax return and just need to verify a few details to process the return.
The IRS does NOT make these type of calls.
TIGTA announced they have received reports of roughly 896,000 phone scam contacts since October 2013.
Just this year the IRS has seen a 400 per cent increase in phishing schemes

We are often asked what the difference is between an Employee and an Independent Contractor.
Below is an easy way to compare the two and it will help you make sure you are complying with the laws.