Due to a growing client base in Connersville, Indiana, we’re opening an office there.  The Connersville office will be open Mondays, Wednesdays and Fridays for now with expanded hours during tax season.  The 2nd location is located at 801 W 35th Street, next to the fire station. Our main office will remain in Richmond.  Appointments, […]

  IR-2016-117, Aug. 31, 2016 WASHINGTON  —  The Internal Revenue Service today encouraged taxpayers to consider a mid-year tax withholding checkup following several new factors that could affect their refunds in 2017.  Taking a closer look at the taxes being withheld can help ensure the right amount is withheld, either for tax refund purposes or […]

FS-2015-1, January 2015 Stopping identity theft and refund fraud is a top priority for the Internal Revenue Service. For the 2015 filing season, the IRS continues to expand these efforts to better protect taxpayers and help victims. IRS employees are working to prevent refund fraud, investigate identity theft-related crimes and help taxpayers who have been […]

Announcing our new Administrative Assistant, Julie Favorite! We welcome her to the Williams & Keckler team. Julie’s background includes many years employment at a local attorneys’ office and more than a decade in the loan department of a local bank. Drop by and say “hello”, or email her at Julie@keckler.com.

Issue Number:    IRS Summertime Tax Tip 2015-23 Internal Revenue Service (IRS) sent this bulletin at 08/24/2015 09:00 AM EDT Key Tax Tips on the Tax Effects of Divorce or Separation Income tax may be the last thing on your mind after a divorce or separation. However, these events can have a big impact on your taxes. […]

Issue Number:    HCTT-2015-46 Aug. 4, 2015 What Employers Need to Know about the Affordable Care Act The health care law contains tax provisions that affect employers. The size and structure of a workforce – small or large – helps determine which parts of the law apply to which employers. Calculating the number of employees is especially […]

Each year, the Taxpayer Advocate Service and its leader Nina E. Olson release an open letter to the IRS containing recommendations for improvement. FOXBusiness.com highlights five common sense changes the IRS can make to work better for you. Create one point of contact for identity theft Under the current structure, victims of identity theft are […]

WASHINGTON —The Internal Revenue Service today encouraged eligible small businesses that did not file certain retirement plan returns to take advantage of a low-cost penalty relief program enabling them to quickly come back into compliance. The program is designed to help small businesses that may have been unaware of the reporting requirements that apply to […]

IRS Summertime Tax Tip Each year the IRS mails millions of notices and letters to taxpayers. If you receive a notice from the IRS, here is what you should do: • Don’t Ignore It. You can respond to most IRS notices quickly and easily. It is important that you reply right away.   • Focus […]

Small business groups are sounding a warning about an obscure Internal Revenue Service rule that takes effect Wednesday imposing heavy fines on small businesses for helping defray the cost of their workers’ insurance or medical expenses. The National Federation of Independent Business said small businesses that get caught helping their workers buy insurance or pay […]

In the past several years, millions of U.S. taxpayers have experienced the frustration of attempting to file their taxes, only to find that someone beat them to it: Tax-related identity theft is a common crime, in which people use stolen information (mostly Social Security numbers) to fraudulently obtain tax refunds. Then, when the rightful owner […]

Income taxes can feel like a money-suck on your hard earned cash. Almost no one likes to pay them and many people hire professionals (at a premium cost) for the task of taking care of their taxes for them. There are, however, several tax credits in place that can help you retain more of your […]

The e-News for Tax Professionals 2015-25, dated 6/26/15, urges employers to use extra care when completing employment tax returns. As of 1/1/15, the IRS is legally required to issue Notices CP148A and CP148B, confirming any address change, to employers at their previous and new addresses. The IRS is apparently sending a high volume of these […]

If you file Indiana business taxes, chances are you’ve spent a lot of time using INtax. INtax is Indiana’s online business tax reporting and payment application. It’s a powerful tool. More than 303,000 businesses remit their taxes through INtax, and the application collected more than $7 billion in Indiana taxes in 2014. In August, the […]

Our office will be closed Friday, July 3, 2015 in observation of Independence Day. We will reopen on Monday, July 6, 2015 @ 8:00am. We hope you have a safe and happy holiday weekend.

Protecting your clients’ identities continued to be a major initiative in the 2015 individual tax season. In fact, the Indiana Department of Revenue stopped $11.6 million in attempted identity theft to date (June 29, 2015) represented by more than 4,300 fraudulent tax returns. Though our identity protection program’s sophistication increased, fewer identity theft returns have […]

More than half of Americans have delayed at least one major life decision for financial reasons in the past year, a recent AICPA survey found. Fifty-one percent of the 1,010 U.S. adults surveyed this March said they had put off important life goals such as buying a home, retiring, or pursuing higher education. In contrast, […]

Polls consistently show that Social Security is among the country’s most popular federal programs. But that doesn’t mean most Americans actually understand how it works. Most people who answered basic questions about Social Security received a failing grade, according to a new survey from the Massachusetts Mutual Life Insurance Company. To be fair, such an […]

The Supreme Court of the United States is expected to rule by the end of June on the latest challenge to the Affordable Care Act in the case of King v. Burwell. To help accountants and business owners understand the potential outcomes, Paychex has provided the following overview of the issue at the heart of […]

Mary Williams…We wish you HAPPY RETIREMENT and thank you for the 29 years you were a part of the Williams & Keckler team…May all your coming days be filled with many more rewards of joy and fulfillment…Happy Retirement Mary!!    

IRS computers are still running the 13-year old Microsoft (MSFT) Windows XP operating software which Microsoft stopped supporting a year ago with security updates. Even the agency’s fraud-catching software is two decades old. The outdated software may have played a role in the breach the IRS announced last week in which thieves hacked into the […]

The Internal Revenue Service has issued a statement regarding the unauthorized access of taxpayer information using the “Get Transcript” application. Follows is the statement in full: The IRS announced today that criminals used taxpayer-specific data acquired from non-IRS sources to gain unauthorized access to information on approximately 100,000 tax accounts through IRS’ “Get Transcript” application. […]

The Internal Revenue Service joined today with representatives of tax preparation and software firms, payroll and tax financial product processors and state tax administrators to announce a sweeping new collaborative effort to combat identity theft refund fraud and protect the nation’s taxpayers. The agreement — reached after the project was originally announced March 19 — […]

The IRS announced today that criminals used taxpayer-specific data acquired from non-IRS sources to gain unauthorized access to information on approximately 100,000 tax accounts through IRS’ “Get Transcript” application. This data included Social Security information, date of birth and street address. These third parties gained sufficient information from an outside source before trying to access […]

IRS Reminds Taxpayers to Safeguard their Tax Records WASHINGTON – Internal Revenue Service advises individuals and businesses to safeguard their records against natural disasters by taking a few simple steps. Create an Electronic Additional Set of Records Taxpayers should keep a duplicate set of records including bank statements, tax returns, identifications and insurance policies in […]