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New Electronic Tax Return Delivery

System

As part of our effort to create a better client experience and streamline the e-signing and tax delivery process, DDK will now be using SafeSend Returns. SafeSend is a secure and easy program that allows our clients to receive, review, and e-sign their tax returns from their computer, tablet, and smartphone.

Easy 5-Step Electronic Tax Return Delivery Process

  1. You will receive an email from noreply@safesendreturns.com. The DDK logo will appear in this email. 
  2. Click on the secure access link contained in the e-mail.
  3. Verify your identity by entering the last four digits of your Social Security number.
  4. Check your email for a unique Access Code. If you don’t see it in your inbox, check your spam or junk folders.
  5. Congratulations! You now have access to your tax return. SafeSend Returns will walk you through the review and e-signature process with step-by-step instructions.

Video Walkthroughs of the Delivery Process:

Individual Client Tax Return Help

 

Entity Client Tax Return Help

  

Common Questions About our Tax Delivery System

Q: Is it safe to enter part of my Social Security Number?

A: Yes. SafeSend Returns offers a secure system to view and sign your e-file authorization form(s). Look for https:// at the beginning of the site URL and a locked padlock symbol in your browser’s URL bar to confirm you are on the secure site.

Q: What if I don’t receive an email with my access code?

A: Check your spam/junk email folder. You can also search your email for noreply@safesendreturns.com.      Some email clients hide items they’ve labeled spam or junk, making certain emails difficult to find. If you do not receive your code within the 10-minute time limit, please request another code.

Q: Will this work on any internet-connected device? Does SafeSend Returns offer an app for my smartphone?

A: There is currently no SafeSend Returns app available, but the signature process can be completed on any computer, smartphone or tablet via a web browser.

Q: I’d rather print and sign my e-file authorization form(s). Can I do that?

A: Yes - You can still print, sign and mail your e-file form(s) back to DDK if you’d prefer to do so.

Q: Will I have to print and mail anything to the government?

A: The only items you may need to print and mail out to government authorities is the tax and estimate payment vouchers. If forms need to be printed and mailed, you will receive clear instructions. You will also be provided options to make tax payments electronically if you prefer not to mail payments.

Q: My Spouse and I are filing our return jointly – How can we both sign the e-file authorization form(s)?

A: There are a couple of options:

If both spouses have an email address on file, both will receive an email with a link to view the return and sign the e-file authorization form(s). First, one spouse will receive the link with identity verification questions specific to him/her. He or she will sign the e-file authorization form(s), and an email link will be sent to the second spouse. The second spouse will answer identity verification questions specific to him/her, then sign the form(s).

If only one spouse has an email address on file, that spouse will first receive the link with identity verification questions specific to him/her. He or she will sign the e-file authorization form(s) and then enter an email address for the second spouse. The second spouse will then receive the email link with identity verification questions specific to him/her. Once the second spouse electronically signs the e-file authorization form(s), DDK will be notified that signing is complete.

If a couple shares an email address, the primary signer will first receive a link with identity verification questions specific to him/her. After the primary signer signs the e-file authorization form(s), he/she can then enter the shared email address again. A new link will be sent with identity verification questions specific to the second spouse.

Q: Where do the identity verification questions come from? What if I don’t remember the answers?

A: The questions SafeSend Returns asks are knowledge-based questions pulled from government and credit sources. You may be asked questions such as where you lived in a given year, or when you bought your car or home. In the event the questions do not apply to you, simply choose the answer that accurately reflects this. If you don’t remember the answers to the questions, or you answer incorrectly, you won't be able to electronically sign your e-file authorization form(s). You can instead print, sign and return your e-file authorization form(s) to DDK.

Q: How is this process different from e-filing?

A: SafeSend Returns allows you to electronically sign your e-file authorization form(s), but it won't submit your return to the IRS. Once signed, DDK is automatically notified, and we will then complete the filing process for you, including submission to the IRS.

Q: Can I sign my dependent's individual return electronically?

A: DDK will deliver your dependent’s return using SafeSend Returns. However, some dependents may not have sufficient government and financial data available to successfully complete the electronic signature process. If there is not enough data available, your dependent will be given the option to download and sign their forms.

Q: Can I set up reminders for my quarterly estimated payment?

A: If estimated payments are included in your review copy, you will automatically receive an email reminder seven days before your payment is due.

Q: Will I receive a notification when my individual return is ready to sign?

A: Yes. Email notifications will be sent from DDK at noreply@safesendreturns.com. We recommend adding this email address to your safe list to prevent the email from getting filtered to spam/junk.

Q: After signing my individual e-file authorization form(s), will I receive confirmation that it was successfully submitted?

A: Yes, once you sign your e-file authorization form(s), you will receive an email stating it was successful. The email will also include a link to download a copy of your tax return for your records.

NYS Budget Provisions 2023-2024

After a month long delay, New York State has passed the State’s fiscal year 2023-2024 budget bill into law. Below is the summary of a notable income and tax provisions of the new budget.

Treatment of limited partners under MCTMT. The budget amends a Metropolitan Commuter Transportation Mobility Tax (MCTMT) provision to clarify that only true limited partners are not subject to the tax. Partners who take part in the management or operations of the partnership remain subject to the provisions of the MCTMT.

MCTMT Payroll Tax. For employers in the counties of Bronx, Kings, New York, Queens, and Richmond, the top rate is increased from 0.34% to 0.6%, applicable to tax quarters beginning on or after July 1, 2023. The top rate is for an employer that paid over $437,500 in a calendar quarter.

MCTMT Self Employment Tax. For individuals subject to the tax with net earnings from self-employment attributable to the Metropolitan Commuter Transportation District in the counties of Bronx, Kings, New York, Queens, and Richmond, the rate is increased from 0.34% to 0.47% for tax year 2023 and to 0.6% for taxable years beginning on or after January 1, 2024.

Minimum Wage Increases. Beginning January 1, 2024 minimum wage will be $16.00 in New York City and Westchester, Nassau and Suffolk Counties, and $15.00 elsewhere.

Empire State Child Credit. Expands eligibility for the empire state child credit, applicable to taxable years beginning after 2022. Specifically, the credit is amended so that a child is no longer required to be at least four years of age in order to qualify.

Corporate franchise tax rates. The budget extends the current 7.25% business income tax rate for three years, through tax year 2026, for taxpayers with a business income base over $5 million. In addition, the current 0.1875% capital base tax rate is also extended for three years, through tax year 2026.

Metropolitan transportation business tax surcharge. A permanent rate of 30% is set for the Article 9-A metropolitan transportation business tax surcharge, for taxable years beginning after 2023.

Film credits. The budget extends and enhances the empire state film production and post-production credits, generally applicable to initial applications received on or after April 1, 2023. Among other changes, the yearly funding cap is increased from $420 million to $700 million, beginning in 2024, and the credits are extended through 2034.

Pass-through entity taxes. The budget makes certain technical corrections to the state and New York City pass-through entity tax provisions, for example requiring entities to include any pass-through entity taxes, which were deducted in the taxable year for federal income tax purposes, in the computation of their pass-through entity taxable income and city pass-through entity taxable income.

For those that are so inclined, or need help falling asleep, the budget can be found by clicking here.

Contact us if you have any questions.

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