Phone scams, e-mail scams, mail scams, etc. scams: They are everywhere. If you receive one do not reply and contact our office or simply hang up.
The IRS does not threaten to send the police to collect taxes. If you owe the IRS you will receive
notification via the mail (yes, even mailed notices can be fake),
several times, and eventually certified mail. Never under any circumstance give any information
over the phone. In short, disregard all phone calls
forward written notices to our office.
Marketplace: Usually if you receive your Marketplace form 1095-A after
filing your taxes and do not receive an IRS notice you probably are due a refund. If you receive
a Marketplace notice and owe to the IRS, you will receive an IRS notice.
Either way, mail or bring in your Marketplace form 1095-A to our office.
Please Note: IRS data must match Marketplace data. If not, returns
Planning (Basic): You should have 6 months of expenses in cash savings in case of
an unforeseen event. Only about 28% of US citizens have this set aside.
Early distributions from an IRA. etc., can result in additional taxes of 35% to 65%.