| Tupper
Lake Office
Jeffrey
Silman
jsilman@idotaxes.com
30 Park Street
PO Box 760
Tupper Lake NY 12986-0080
(518)359-1040
Fax: (518)557-1040
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Keene
Valley Office
Jodi Downs
jdowns@idotaxes.com
PO Box 63
Keene Valley NY 12943
(518)576-4719
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Link to ATX Web Organizer: Web
Organizer
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High-Tech, Low-Priced Accounting Services
Are you looking for reasonably priced tax and financial advice and complete accounting services? Welcome to I Do Taxes, your neighborhood experts in all areas of accounting, taxation and small business consulting, provided with the personal touch lacking in larger firms. Our website offers a full range of services, contact information, and a company profile, so click around and stay for a while. Don't hesitate to call
us or e-mail us.
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We have the resources,
experience and depth of knowledge to offer the following services
to both individuals and businesses. We can deliver the
services you need in a professional, fast and cost-efficient
manner.
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The
IRS Is Seeing Everything You Do Online
The IRS may be watching your online
activities — including what you post on social media
sites, what you sell online, even what you write in emails
and text messages.
Some tax experts and civil liberties
groups are disturbed by what they call the agency's
secretive practices. Taxpayers know little about how it
uses big data and "robo-audits," said Edward
Zelinsky, a tax expert at Cardozo Law School and Yale Law
School, speaking to U.S. News & World Report.
Anything you do or say on the Internet
can be used against you in IRS enforcement actions, he
stressed.
The IRS spent about $1 billion in its
recent data-mining modernization, and is collecting
massive amounts of data, tracking Internet users' online
movements, and using Social Security numbers, health
records, credit card transactions and other information
that private companies cannot obtain, according to U.S.
News.
The IRS Criminal Tax Division has long
believed that it can read your emails without a warrant,
said American Civil Liberties Union staff attorney Nathan
Freed Wessler, citing IRS documents.
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Recent news from the IRS
Relief
Available To Many Extension Requesters Claiming Tax
Benefits
IR-2013-31, March 20, 2013
WASHINGTON —The Internal
Revenue Service today provided late-payment penalty relief
to individuals and businesses requesting a tax-filing
extension because they are attaching to their returns any
of the forms that couldn’t be filed until after January.
The relief applies to the
late-payment penalty, normally 0.5 percent per month,
charged on tax payments made after the regular filing
deadline. This relief applies to any of the forms delayed
until February or March, primarily due to the January
enactment of the American Taxpayer Relief Act.
Taxpayers using forms
claiming such tax benefits as depreciation deductions and
a variety of business credits qualify for this relief. A
complete list of eligible forms can be found in Notice
2013-24, posted today on IRS.gov.
Individuals and businesses
qualify for this relief if they properly request an
extension to file their 2012 returns. Eligible taxpayers
need not make any special notation on their extension
request, but as usual, they must properly estimate their
expected tax liability and pay the estimated amount by the
original due date of the return.
The return must be filed
and payment for any additional amount due must be made by
the extended due date. Interest still
applies to any tax payment made after the original
deadline.
Further details on this
relief, including instructions for responding to penalty
notices, is available in
Notice 2013-24.
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Accounting Services
Our firm offers a complete range of
accounting services, including receivables, payables and
payroll management.
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Payroll Services
Our firm offers complete payroll
preparation and payroll tax reporting services. We
prepare all federal and state returns.
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Retirement Planning
It is never too early to start
planning for retirement. If you want to live the
same lifestyle - or an even better one - than you do now,
you need to start planning for retirement ... NOW.
We can analyze your projected income and expenses and
suggest investment funding techniques to help you make
sure that your golden years 10, 20 and even 50 years from
now live up to your expectations.
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Sales Tax Services
Our firm prepares all sales tax
filings and offers full sales tax audit representation.
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Tax Planning
Our firm continuously monitors
federal, state and local tax law changes to allow its
clients to minimize current and future tax liabilities.
If necessary, we can implement tailor-made due-date tax
compliance monitoring systems to prevent costly interest
and penalty assessments attributable to late filing.
Of course, we offer full tax preparation and filing
services.
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Tax Preparation
Our firm offers professional
preparation of all federal, state and local tax returns at
competitive, affordable rates. We represent small business taxpayers in
front of the IRS to remove the stress and anxiety of
audits, seizures, levies, and other collections action. I
deal with the IRS for you, so you can continue doing what
you do best, which is running your business.
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Tax Services
Our firm offers a full range of tax
planning and compliance services. We will work with
you year-round if necessary in order to minimize your
total tax burden. Our firm also prepares all
federal, state and local tax returns for individuals and
businesses.
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Computer Consulting
You are ready to move into the
computer age, but you have fears of expensive, unsuitable
software, fourteen year-olds hacking into your server, and
systems crashing. We understand your fears and we
will work with you to set up an efficient, user-friendly
computer system. Our business-savvy computer
technicians and programmers can explain even the most
advanced high-tech concepts in plain English.
Whether you want to set up a computerized accounting
system, a computer network, or even an on-line web store,
our firm can help.
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Consulting Services
Our company offers a wide range of
consulting services to help you improve business
operations, boost efficiency and increase the bottom line.
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Estate, Gift and Trust Tax
Return Preparation
Our firm provides expert preparation
of federal and state estate, gift and trust tax returns.
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Latest
additions ... |
Got
questions on your 2012 tax
return? Check
out our 2012 year-end letter.
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Curious
about the differences between a
traditional and Roth IRA. Check
it out here! |
What
is AMT? Find
out more here. |
If
you
want
to
be
more
efficient
in
2013,
read
this.
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Jeff
is an IRS registered tax return
preparer ...

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You
can clean up your financial and
tax life by reviewing your tax
return. Check out our "Clean
Sweep Letter".
The
health
care
reform
legislation
will
affect
you.
Find
out
how
here.
The following checklist will help you collect the documents
you'll need to file your tax return.
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If
you
have
a
home
office,
you
will
want
to read
this.
What
is the "fiscal
cliff"? Learn
more here ... and
here.
What to keep and what to throw away. Refer to our "Record
Retention Guide". |
"In
celebration
of
National
Entrepreneurship
Week,
the
February
issue
of
the
SC
Small
Business
Dispatch
is
focused
on
resources
and
advice
for
South
Carolina's
entrepreneurs."
Read
it
here.
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If you are considering an LLC, read
this.
Get organized with our year-end
tips for the sole proprietor.
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If you claim the Earned Income Tax Credit, there are certain
records you need to keep for three years.
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