July 28, 2016
Where to find missing money.
Whatever happened to your old savings account? Or that rental security deposit? Your state may be holding the funds for you. State laws generally require businesses and financial institutions to turn over cash and property to the state after there has been no activity on the account or contact with the owner for a number of years. You can search for property you lost, forgot, or never knew about at MissingMoney.com, a website that searches the unclaimed property records of many states and provides links to those states that are not represented in its database.
How to redeem a lost savings bond.
If you have lost track of a matured savings bond, the U.S. Department of Treasury has a search feature at www.TreasuryHunt.gov that can help.
Where to find a missing tax refund.
The IRS is holding millions of dollars of undelivered refund checks. If you did not receive a refund you were due, you can check on its status and update your address if necessary by visiting the IRS website, www.IRS.gov, and clicking on “Get Your Refund Status”.
This tax season is an important one for many business owners because it’s the first that will be impacted by the Tax Cuts and Jobs Act (TCJA). How big of an impact is dependent on your unique situation. We’ve compiled this short list of provisions that may affect the business community:
According to Forbes.com, Super Bowl viewers traditionally load up on millions of pounds of less-than-healthy foods during the big game—including ribs, pulled pork, tortilla chips, nuts, popcorn and bacon—all washed down with beer (the Super Bowl beverage of choice). If you are trying to stick to your New Year’s resolution to eat better, consider a few healthy substitutes for the traditional Super Bowl eats:
The combination of running a business and your life and preparing for tax time can drive some people into a slight panic. But no need to get stressed if you are prepared. Now is the time to start organizing all documents required to file your tax return.