Skylar Dubrow CPA On How To Handle A Lost W2
February 15, 2016
Skylar Dubrow, CPA
Blog
February 15, 2016Skylar Dubrow, CPABlog
The leftover guacamole is turning brown, Peyton Manning may or may not have ridden his last rodeo, and PuppyMonkeyBaby has surely established some kind of new standard for Super Bowl Commercial Weirdness. The NFL season is officially in the books.
In my opinion, the ads were decent (and certainly cheerier than last year), the game was “ok” (especially so for Broncos, fans of course) and I’m once again amazed at the spectacle of one of our nation’s largest shared experiences. I wonder what evaluation of our culture will be made by future sociologists who discover how much we worship at the altar of sport, celebrity and commerce?
But speaking of the being “in the books” … we’re kicking tax season into high gear over here at Team Dubrow CPA — but before I discuss tax stuff, here is a public service announcement, especially for all husbands:
Valentine’s Day is Sunday the 14th. Consider yourself reminded.
Now … back to taxes.
We’ve been getting lots of calls from clients, and from brand new clients who are looking for someone new to handle their taxes, and lots of the questions have been about paperwork.
A few weeks ago, I posted a pretty comprehensive list of what you would need, so if you didn’t see that for some reason, email me (simply click the email button above) and I’ll make sure you get a copy.
But sometimes not having the paperwork in order isn’t your fault. In which case …
Skylar Dubrow CPA On How To Handle A Lost W2
“History is the version of past events that people have decided to agree upon.” – Napoleon Bonaparte
By now, you should have received most of your tax documentation. If organizations haven’t sent you the necessary paperwork by now, then they are subject to certain consequences.
Unfortunately, these consequences don’t often carry much teeth for employers and sometimes HR departments or very small businesses don’t get their act together (probably because someone competent isn’t helping them! ahem), and … the W2’s take a while.
(Here’s a link to concise information about what happens on the business-owner side of things: http://bit.ly/1W7avgb)
If you haven’t gotten your W2 by the middle of this week, here are some basic steps for you (you might want to print out or save this article, by the way):
1) Contact your payroll department/boss. Be nice about it — after all, they’re just as burdened by the paperwork junk as you are!
2) If, however, the days roll by and the form is indeed lost or your employer is inordinately slow in issuing a replacement, or you worked for a company that went out of business and there’s no one to bug about getting a W2 (or getting a lost W2 reissued) … what then?
“Make” your own! Well, actually, you contact the IRS at this number: (800) 829-1040 with the following info from your last paystub handy:
Wait on hold, and ask for Form 4852. Basically, this will inform your employer “officially” that they’re delinquent, and you can even use this form in a pinch, if your employer never gets their act together.
*** Want the BEST solution? Let us handle all that junk for you in the first place … which is part of what we do!
So: please feel free to call [(818) 889-7285] or email (using the button above) me and my staff. Just because we’re busy, doesn’t mean we don’t care!
Warmly,
Skylar Dubrow CPA
(818) 889-7285
The Dubrow Group, CPAs
Preparing a correct and accurate tax return is our priority. We proudly stand behind our work and if a mistake does happen that is our fault, we will immediate correct the mistake and gladly refund your money if requested.
If any penalties or interest are incurred due to our mistake, we will do everything we can to fix the problem and cover any penalties should they arise.
We feel so confident in our processes to account for all deductions and uncover hidden deductions that we guarantee that you will pay the lowest amount of taxes legally possible. We spend a good amount of time correcting and fixing other so called tax pros mistakes and oversights.
We are so committed to giving out clients the best service. We do this by taking thte time to understand our clients situation and asking the right questions to make sure every deduction is accounted for. And remember we work for you, NOT the IRS.
Not only do we prepare an accurate tax return, we will inform you of tax saving strategies and best record keeping practices should we see fit.
Starting January 1, 2017, all our returns come with our “Silver” Stress Free Audit Insurance, FREE with paid tax preparation. Our Silver package includes our full support when handling IRS and State Notices for the 2016 tax year. If you receive a notice, send it to us and we will work with you to organize the required documentation and we will respond to the IRS on your behalf.
“Many tax experts are predicting an increase in IRS audits (because of the system automation), as well as an increase in audits by the state”
Our Gold Package adds our representation for an actual IRS audit for the current year. Whether it be an “audit by mail”, or an actual audit at one of the IRS locations, we will work with you to compile all the necessary documentation and represent you in front of the IRS for no additional charge. Our fees to represent our clients in an audit scenario can range from $1000- $2500 & up depending on time and complexities.
Our Gold option is an optional add on service & not included with regular tax preparation. Gold protection covers the current tax year only regardless of when you get audited.
The IRS and state authorities are behind in auditing tax returns and matching reporting documents to tax returns.They are currently working on 2012 & 2013 years.
Our Platinum level package covers you for a period of 7 years. It Is just like our Gold package, but it includes the currtent year and 6 prior years. We will provide audit coverage for prior years tax returns, even if we did not prepare them.
How is that for taking care of our clients! Once the Platinum level package is purchased, only the gold level will be required in future years as the previous years have been protected by the one time Platinum purchase.
