Volume VIII | March 10, 2022
SPRING NEWSLETTER
  • 2019 Desktop To Be Discontinued 5/31/2022
  • Right Networks Price Increase
  • Security security Security!!!!
  • IRS Backlogs and reports to Congress
QUICKBOOKS DESKTOP 2019 TO BE DISCONTINUED EFFECTIVE 5/31/2022
Service Discontinuation means that Payroll Services, Live Support, Online Backup, Online Banking and other services through QuickBooks Desktop 2019 software will be discontinued after May 31, 2022. Click the link below for additional information.

Those who are currently using QuickBooks 2019 and did not purchase a new license prior to December 10, 2021 will be moving to the new "subscription" platform for Intuit. I will begin reaching out after the first of April to start transitioning clients from the 2019 QuickBooks Desktop software with the 2022 upgrade.
RIGHT NETWORKS PRICE INCREASE
Right Networks sent notification last month that they are implementing another price increase for 2022 to take effect with the May billing. While I will raise your monthly payment amount by the $4 which is the amount of the increase, I am still passing on my discount from Right Networks. The new rate for monthly Right Networks QuickBooks Business Cloud access will be $69.75. You can click on the link below to see information provided to general consumers and direct retail clients at Right Networks.

Those are on the Right Networks platform will receive revised Recurring Payment Authorizations for the May 10th payment. You may take this opportunity to change your payment method if you wish.

SECURITY SECURITY SECURITY!
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Once the holidays were over it seemed that my email box was overflowing with messages, notices, blogs and information regarding the importance of security. Changing passwords regularly, dual factor authentication, vaults of passwords allowing you to enter sites without typing passwords, new protocols for opening emails and communicating with people inside and outside of the workplace all have us frustrated and wishing for more simple solutions.

But there are no simple solutions. We have watched as Ransomware shut down the City of Atlanta in 2018. The Colonial Pipeline Ransomware attack in 2021 was resolved quickly, but left the East Coast in a gas crunch for a few days. Both of these scenarios were very costly to resolve and were an inconvenience for both the entities attacked and the people who need the services. The Ukraine's internet began seeing crippling attacks from early January and on January 14th, 2022 a cyberattack took down more than a dozen of Ukraine's government websites.

We are just a small business you say . . . . . but what would you do if you fell victim to a cyberattack or even just an internet loss or hacking? Are you prepared? Do you have systems or practices in place that you share with employees? Here is a link to a blog from Fisher Phillips, one of the largest U.S. law firms representing management exclusively in the areas of labor, employment, civil rights, employee benefits and immigration law. The firm has 36 offices nationwide with more than 400 attorneys. They offer some good tips for protecting your business. Let me know if you would like to have a conversation about specifics.

HOW BAD WILL THIS SEASON BE FOR TAX PREPARERS?

According to the National Taxpayer Advocate report released to Congress in January the IRS is in crisis and does not have the resources necessary to process the mountainous backlogs with a new tax season in full swing. The IRS acknowledges that they are having problems and seem anxious to assist when possible. The Woodard Group, a company dedicated to educating, empowering and providing resources for small business advisors provides the following information.

Individual Taxes
  • The IRS carried over approximately 11.7 million 2019 returns 2020 into 2021. In fact, it took until June of 2021 until the IRS processed nearly all of the 2019 returns. 
  • In 2021, the IRS received 17 million 1040 2020 paper returns. Those returns took up to eight months to process. 
  • The IRS closed the last filing year with 9.8 million individual returns active in its Error Resolution System.
  • As of December 18, 2021, the IRS reported a backlog of 2.3 million forms 1040-X, Amended Individual Income Tax Return. Processing these forms are taking up to 20 weeks. 

Business Taxes
  • The IRS reported more than 7 million business returns at the end of the filing season that required manual processing.
  • As of December 15th, the IRS reported 2.8 million unprocessed forms 941 and approximately 427,000 Forms 941-X. The delay in processing the 941-X is further delaying the processing of forms 941. 

If you are waiting on a response from the IRS, a refund or other communication, it may be awhile. Telephone calls and written communications are both far behind schedule. This is nothing new to us, but it does provide a more clear picture of the severity of the problem.

The report to Congress (link above) is an interesting read and reminds us all how important the jobs are of the people we place in government positions to protect taxpayers rights!

Unlocking the Power of QuickBooks!
Cheryl Nance
CLN CONSULTING ASSOCIATES, LLC
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