Is My Refund Delayed? What Can I Do?

If you rely on your refund, plan for delays
If you rely on your refund, plan for delays

“Will my refund be delayed this year” is becoming an all too common refrain these days. Delayed e-filing dates, IRS not accepting tax forms & documents not being mailed out on time have all occurred over the last few years and have caused refund delays. However for the 2017 tax filing season (2016 tax year), it looks like we will get hit with all three of these scenarios at once:

Electronic Filing Date Delayed

This tax year, E-filing will begin January 23rd, 2017.  Electronic filing has historically began around January 15th.  However, over the past few years, these dates have been pushed back from a couple of days to a couple of weeks, so this is becoming common practice by the IRS.  Returns may be filed before this date, however the IRS will not process them until 1/23/17.

IRS Delaying Processing of Popular Tax Credits

The IRS has announced that the following tax credit forms will not be accepted for processing until February 15th, 2017:

  • Earned Income Tax Credit (EITC)
  • Additional Child Tax Credit (ACTC)
  • The American Opportunity Credit (AOTC).

This is a nationwide law change required by Congress in the Protecting Americans from Tax Hikes (PATH) Act; this is not a company or state change. If you normally file your taxes around this time (2/15/17), this delay should have a minimal impact on you.  However, if you tend to file early and/or have plans for your tax refund in advance, R&G Brenner suggests that you prepare yourself accordingly.  If you are unable to save funds, don’t worry, you can apply for R&G Brenner’s refund advances & referral rewards for CASH! (below).

R&G Brenner Refund Advances

If you rely on your refund, and these delays will seriously affect you, don’t worry; R&G Brenner has multiple refund advances for qualified R&G Brenner clients:

R&G Brenner Referral Rewards

Taxes may never be fun, but they are rewarding with R&G Brenner on your team.  Last year we paid out over $100,000 in CASH for client referrals.  Get $50 CASH for every new client you refer to R&G Brenner; NO LIMIT!  Click here to start earning today!

While we can’t control IRS delays, we can offer our clients a little relief from these delays.  Become an R&G Brenner client and receive the benefits.  Schedule an appointment today for a FREE estimate or call us toll free at (888) APRIL-15.


How To Protect My Financial Information

10 Tips To Protect Your Taxpayer & Financial Info
10 Tips To Protect Your Taxpayer & Financial Info

October is Cyber Security Awareness month, and the New York State Department of Taxation & Finance has released a list of 10 tips that all taxpayers should know in order to protect their financial information and keep it from falling into the wrong hands:

1. Be wary of aggressive phone scams – Be sure to only give personal information—including social security numbers—to someone you trust. Remember, the NYS Tax Department and the IRS will contact you by mail first and will never threaten you over the phone or demand payment be made through MoneyGram, Western Union, or other wire transfer services; or using iTunes, Greendot, or other cash or gift cards.

2. Avoid phishing scams – Taxpayers may receive emails with authentic-looking government logos that offer assistance in settling fake tax issues. The NYS Tax Department and IRS will never request personal or financial information by email.

3. Protect your computer – Ensure that your computer is secure when accessing your financial accounts online by looking for “https,” with an “s” after the “http,” in the website address.

4. Use strong passwords – Use a combination of upper- and lower-case letters as well as numbers and symbols when creating a new password. Don’t use your name, birthdate, or common words. Use a different password for each of your accounts.

5. Use secure wireless networks – Always encrypt your wireless network with a strong password. Never access your personal accounts on a public Wi-Fi network.

6. Review bank accounts and statements – Check your credit card and banking statements regularly to spot any suspicious activity.

7. Review credit reports annually – Review each of your credit reports annually to spot any new lines of credit that you didn’t apply for or authorize. This can be a sign that a thief has stolen your identity and opened up a credit card, for example, in your name.

8. Think before you post – The more information and photos you share via social media, including current and past addresses, or names of relatives, can provide scammers possible answers to your security questions or otherwise help them access your accounts.

9. Secure tax documents – Store hard copies of your federal and NYS tax returns in a safe place. Digital copies should also be saved. Shred documents that contain personal information before throwing them away.

10. Review and respond to all NYS Tax Department communications– You should review and respond to all notices sent from the Tax Department. Any unexpected correspondence from the Tax Department can be a potential sign that your identity has been stolen. It’s important that you contact the Tax Department immediately to confirm any liabilities.

If you believe that you’ve been contacted by a cyber criminal attempting a scam, have been the victim of fraud or identity theft, or suspect a tax preparer is engaging in illegal activities, visit the Tax Department’s Report fraud, scams, and identity theft webpage to learn how to report it. The Tax Department takes this type of illegal activity seriously, promptly reviews each compliant, and takes corrective action when appropriate.

If you believe you are victim of identity theft and or your financial information has been compromised, please contact an R&G Brenner professional after your report your situation to the authorities.  We may be able to help you to minimize any potential damage.  Remember, NEVER send W2s, 1099s, tax returns or other private information via email; always use a secure file transfer when sending sensitive documents over the internet.  All R&G Brenner professionals offer free secure file transfer solutions to our clients.

Tax Season Begins; R&G Brenner Promotions Extended

Don't File By Hand, Electronically File with R&G Brenner
Don’t File By Hand, Electronically File with R&G Brenner!

The 2016 tax season has officially begun as the IRS is currently accepting tax returns for electronic filing. Many employers are mailing their wage documents earlier and/or are offering ways for employees to download their documents.  As such, we are seeing a noticeable increase in client volume at many of our R&G Brenner offices.  If you’d like to make an appointment for an early appointment, we ask that you do so as soon as you are able so we can accommodate your preferred meeting dates & times.

Furthermore, R&G Brenner is offering a slew of new products and promotions.  They have been so popular, we have already extended the deadlines for some.  Our current promotions are*:

  • $100 Cash Early Bird Special: Come to any participating R&G Brenner office, and all qualifying applicants can walk out with $100 Cash as an advance on their refund.  No Fees or Interest Apply!
  • $750 “Easy Advance” Refund Advance: Qualifying applicants who file their return as a Refund Anticipation Check (RAC) can also get a larger no-fee, no-interest $750 advance on their refund from our bank provider: Republic Bank & Trust.
  • $50 CASH For Referrals: We’ve updated our Client Rewards this year by more than doubling our cash payments for new clients referred to R&G Brenner: We will pay you $50 Cash for every new client your refer!  Plus, your cash will be available as soon as your referral files their taxes with us. There is no limit to the amount of Cash you can earn!  Click here for more info.
  • FREE Secure File Transfer: Due to the explosion of identity theft as it relates to the IRS and filing taxes, all R&G Brenner professionals are now equipped with Dropbox accounts to securely receive confidential tax information.  Click here for more info.

R&G Brenner offices are all currently opened and staffed with highly trained CPAs, EAs, RTRPs & other professionals.  If you have any questions about the above promotions, any R&G Brenner service and/or have tax related questions, please feel free to contact us.  Have a very happy & profitable New Year!

*All promotions have individual rules, qualifications & restrictions.  Click here for a list of all our promotions and click on the individual promotion for all related rules.