Winter2024_SSCWN_web

TIPs
TAX TIPS
Need help with
taxes? The IRS is
offering free help
nationwide
Helped by Inflation Reduction Act funding, nearly
250 IRS Taxpayer Assistance Centers nationwide
will have extended operating hours Tuesdays and
Thursdays during the tax filing season.
The Internal Revenue Service announced on January
29 that nearly 250 IRS Taxpayer Assistance Centers
(TACs) around the country will extend their
weekly office hours to give taxpayers additional time
to get the help they need during the filing season.
The extended office hours will continue through
Tuesday, April 16. To see if a nearby TAC is offering
extended hours, taxpayers can visit their local office.
To find your local office, visit https://apps.irs.gov/app/
office-locator/ or can call 844-545-5640. Normally,
TACs are open from 8:30 a.m. to 4:30 p.m., Monday
through Friday, and operate by appointment.
As part of continuing transformation work, the Internal
Revenue Service announced on December 18,
2023, the launch of the second phase of a new online
self-service tool for businesses that expands the business
tax account capabilities and eligible entity types.
As a result, individual partners of partnerships and
individual shareholders of S corporation businesses
are now eligible for a business tax account in addition
to sole proprietors.
Available at IRS.gov/businessaccount, the new
business tax account is a key part of the agency’s continuing
service improvement initiative. This is part of
the larger effort under last year’s Inflation Reduction
Act (IRA) and described in the multi-year Strategic
Operating Plan released this spring.
“This is part of the ongoing IRS modernization effort
to make improvements for business taxpayers
and others,” said IRS Commissioner Danny Werfel.
“This next step in the evolution of the Business Tax
Account will help these businesses download transcripts
and other features. Ultimately, these new
online options will help make interactions easier for
businesses while reducing paper-based processes and
the need to call the IRS.”
This phase of business tax account also adds the
following new features:
USERS CAN NOW DOWNLOAD A PDF
OF A BUSINESS TAX TRANSCRIPT:
• For sole proprietors, this includes Forms:
940, 941, 943, 944, 945, 8752, 8288, 11-C,
10 • WINTER 2024
The expanded hours at the assistance centers reflect
funding and staffing made possible under the Inflation
Reduction Act, which is being used across the IRS to
improve taxpayer service, add new technology and
tools as well as help tax compliance efforts.
“This is another example of how additional IRS
resources are helping taxpayers across the country,”
said IRS Commissioner Danny Werfel. “Adding extra
hours provide more options for hard-working taxpayers
to get help with their tax issues. The IRS is
continuing to work hard both during the upcoming
tax season and throughout the year to find ways to
make it easier for people to interact with us.”
“We’re inviting anyone who wants or needs some
assistance to stop by,” added IRS Wage & Investment
Division Commissioner and Taxpayer Experience
IRS launches new online tool for businesses
730, 2290.
• For S corporations, this includes Forms:
940, 941, 943, 944, 945, 8752, 8288, 11-C,
730, 1120S, 2290.
• For partnerships, this includes Forms: 940,
941, 943, 944, 945, 1065, 8752, 8288, 8804,
11-C, 730, 2290.
SOLE PROPRIETORS CAN ALSO
VIEW CERTAIN NOTICES:
• CP080: Reminder - we have not received
your return, credits may be on your
account.
• CP136: Annual notification of Federal Tax
Deposit (FTD) requirements (Forms: 941,
941-SS).
• CP216F: Application for extension of time
to file an employee plan return – approved.
Individual partners and individual shareholders
will be able to access business tax account information
once they have filed a business return with the
Schedule K-1 and it is processed by the IRS. To access
business tax account, individuals must have a
Schedule K-1 for a minimum of one year during the
2019-2022 period on file. They will only be able to
view information for the year(s) they have a Schedule
K-1 on file. New businesses won’t have access
until a business return is submitted, processed, and
on file with the IRS.
Sole proprietors with an Employer Identification
WORDS OF WISDOM
“If you don’t drive
your business, you
will be driven out
of business.”
- B.C. FORBES,
SCOTTISH FINANCIAL JOURNALIST
Officer Ken Corbin. “This is one more way the IRS is
delivering expanded services to help visitors resolve
their tax issues, make a payment or answer general
tax-related questions. Whatever the case, we’re offering
additional time for taxpayers to get the face-toface
help they may need.”
During these additional office hours, TACs will offer
all regular services, however for cash payments,
taxpayers must have an appointment. If a taxpayer
needs in-person identity verification services, they
must bring two forms of identification, and one must
be a current government-issued photo ID. They
should also bring a copy or digital image of the tax
return in question if one was filed. Tax return preparation
is not a service provided at any IRS TAC.
Number (EIN) qualify to access their business tax
account. Also known as self-employed individuals,
sole proprietors with EINs are those who file a
business return under their EIN, such as reporting
payroll taxes and reporting the highway use tax on
trucks and buses.
Sole proprietors who have already set up an individual
account under their SSN or ITIN, and have an
EIN linked to their SSN or ITIN, can use their existing
login to access their business tax account. At this
time, sole proprietors who do not have an EIN are
not eligible to set up a business tax account. Instead,
they can access their tax records by setting up an IRS
individual online account.
Over time, business tax account will be a one-stop
application that provides business taxpayers a suite
of digital products and services, including access to
viewing letters or notices, requesting tax transcripts,
adding third parties for power of attorney or tax information
authorization, and storing bank account
information to manage tax payments.
It will help users manage their tax obligations, reducing
the burden on taxpayers who would otherwise
need to call or mail the IRS. To set up a new
business tax account, or for more information about
this app, visit IRS.gov/businessaccount.
CBK5000
Deluxe Security
All-purpose choice
suitable for many car wash
businesses, especially those
that have an attendant or
are in low-crime areas. Each
box has a durable, 11 gauge
304 stainless steel body
and built-in cam locks to
deter theft.
Deluxe Coin Boxes
Long Hull
Long hull boxes have a separate money drawer underneath the control unit.
Coins drop down a chute into this vault, where they remain until emptied.
Paper money continues to be collected and held within the unit's bill acceptor.
Short Hull
Short hull coin boxes have a compact footprint and are designed for use with
a separate safe. While paper money is held in the unit’s bill acceptor, all coins
drop through a tube into your hidden safe for extra security.
FEATURES:
• Dixmor dgital timer
• Mars bill acceptor
• 10 position “QC” rotary switch
• IDX MA850 coin acceptor
• 11 gauge 304 stainless steel
CBK5000 Long Hull with coin drawer CBK6000 Short Hull vault ready
PS400
2 Bay PS200
3 Bay PS300
4 Bay PS400
5 Bay PS500
6 Bay PS600
KR Coin Boxes
CBK6000
Now available with
CryotoTap Plus!
CBK6000HS
High Security
Operator Pro
Pump Stand
VFD Drive with
Direct Drive Pumps
FEATURES:
• Thicker 7 gauge stainless steel
• High security plug locks
• Dixmor digital timer
• Reinforced tmer display
housing
• Added security latches
• IDX MA850 coin acceptor
• Mars bill acceptor
• 10 position “QC” rotary switch
Each box includes high security plug locks and extra security
latches Kleen-Rite high security coin boxes are a great choice
for unattended car washes or high crime areas. While no single
product can completely guarantee against theft, a high security
coin box is a great deterrent! The added safety features make it
harder to access funds, discouraging opportunistic thieves.
High Security Coin Boxes
One of the main highlights of the Operator
Pro is the use of VFDs, or variable frequency
drives, that save on electrical consumption and
reduce wear on pumps. VFDs are used instead
of contactors to slowly ramp up the startup and
shutdown of the pump. Instead of going from
0 to 100% speed, VFDs gradually increase the
speed of the pump when starting (and gradually
decrease when shutting off).
• Cuts down on inrush electrical consumption
for the motor, which is easier on the motor
brushes
• Eliminates rough banging and abuse on the
motor when starting
• VFDs can be used to control what pressure
level you want from each pump - when the
pump can be used in a more versatile way,
it eliminates or drastically cuts down on the
need for auxiliary equipment like spot-free
and low-pressure delivery units
800.233.3873 | KLEENRITE.COM
CBK5000HS Long Hull CBK6000HS Short Hull
Features:
• Dimensions: 71”H x 58”W x 32”D
• Offered in 2-6 bay formats.
• Quiet Design. Electrical motor to pump
connection is direct coupled.
• Smoother start and stopping of electrical
motor to decrease all motor wear.
• Same pump / hose / gun for all High,
Medium & Low pressure applications
doing away with the need for all of
the extra delivery devices within the
mechanical room and hoses to run.
• Weepmizer freeze protection integrated.
• Industry trusted CAT pumps come
standard unless specified by customer.
Standard 8 Options
1. Tire Cleaner
2. Presoak
3. Soap
4. Foam Brush
(Dosatron)
CBK5000HS
5. Wax
6. Rinse
7. Spot-free Rinse
(Delivery only)
8. Stop
WINTER 2024 • 11