Archive for March, 2011

Indiana SUTA rate changes (again)

Monday, March 14th, 2011

Be on the lookout for the SUTA rate change letters that went out in the mail last week.  The premium rate schedule was changed from Schedule B to Schedule E so your rates have changed.

If you are contracted with an outside payroll provider you will need to forward this information to them so that they can properly report your SUTA (state unemployment tax) liability.  If you are preparing your payroll using a software like QuickBooks or Peachtree, you need to edit your SUTA rates within the payroll item set up.  QuickBooks will do “catch up” calculations to adjust for the rate reduction when you run your next payroll.

If you need any help with this, contact Cindy, Sheryl or Jean and we will be happy to help you get this change made.

Don’t be Scammed by Fake IRS Communications

Thursday, March 3rd, 2011

The IRS receives thousands of reports each year from taxpayers who receive suspicious emails, phone calls, faxes or notices claiming to be from the Internal Revenue Service. Many of these scams fraudulently use the Internal Revenue Service name or logo as a lure to make the communication more authentic and enticing. The goal of these scams known as phishing is to trick you into revealing personal and financial information. The scammers can then use that information like your Social Security number, bank account or credit card numbers to commit identity theft or steal your money.

Here are five things the IRS wants you to know about phishing scams:

1. The IRS doesn’t ask for detailed personal and financial information like PIN numbers, passwords or similar secret access information for credit card, bank or other financial accounts.

2. The IRS does not initiate taxpayer communications through e-mail and won’t send a message about your tax account. If you receive an e-mail from someone claiming to be the IRS or directing you to an IRS site:

  • Do not reply to the message.
  • Do not open any attachments. Attachments may contain malicious code that will infect your computer.
  • Do not click on any links. If you clicked on links in a suspicious e-mail or phishing website and entered confidential information, visit the IRS website and enter the search term ‘identity theft’ for more information and resources to help.

3. The address of the official IRS website is http://www.irs.gov. Do not be confused or misled by sites claiming to be the IRS but ending in .com, .net, .org or other designations instead of .gov. If you discover a website that claims to be the IRS but you suspect it is bogus, do not provide any personal information on the suspicious site and report it to the IRS.

4. If you receive a phone call, fax or letter in the mail from an individual claiming to be from the IRS but you suspect they are not an IRS employee, contact the IRS at 1-800-829-1040 to determine if the IRS has a legitimate need to contact you. Report any bogus correspondence.

5. You can help shut down these schemes and prevent others from being victimized. Details on how to report specific types of scams and what to do if you’ve been victimized are available at http://www.irs.gov, keyword “phishing.”
Links:

Important Notice — Energy Star Credit Has Reached Its Cap

Thursday, March 3rd, 2011

The Indiana Department of Revenue announced today that as of March 1, 2011, claims toward the Energy Star Heating & Cooling Equipment Credit had reached the state’s $1 million limit, which the legislature assigned to cover claims toward this credit. Any claims received after the cap was reached will be denied.  

 

A denial of the claim will result in a manual adjustment to the taxpayer’s return. This could cause a slight delay in processing those returns. Those taxpayers’ whose claims have been denied will be notified in writing from the state revenue agency.

 

Tax year 2010 was the last year to claim the Energy Star Heating & Cooling Equipment Credit.

 

 

Thank you.

 

Stephanie McFarland, APR

Director, Public Relations

Indiana Department of Revenue

&

Public Information Officer

Indiana Department of Labor

317.234.3793 — office

 

www.ifile.in.gov