October 2020 Volume VII
The purpose of Kappa Beta Delta is to encourage and recognize scholarship and accomplishment among students of business pursuing associate degrees. To encourage and promote personal and professional improvement and a life distinguished by honorable service to humankind.
You Have the Right to Confidentiality
According to the Taxpayer Bill of Rights, the IRS won't share any information that a taxpayer gives with outside parties unless allowed by the taxpayer themselves or the law. This right to confidentiality is one of the 10 rights found in the Taxpayer Bill of Rights.
Also included in the confidentiality clause:
· The IRS can't contact third parties, including employers, friends, or banks, for information without giving the taxpayer reasonable notice first.
· The same confidentiality you have with an attorney also applies to tax professionals working with the IRS on your behalf.
Confidential communications include conversations, messages, and documents that are considered private or restricted between a taxpayer and their attorney or the IRS.
* This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax professional.
Tip adapted from IRS.gov
Get Lost in a Book for National Book Month
Did you know that October is National Book Month? There's no better time to get lost in a great story because not only is reading entertaining, but there may also be some health benefits to getting lost in a good book, as well.
Here are some potential health benefits of reading:
· Reading may bring existing neural pathways in the brain to life and help the brain remain elastic and active.
· Reading may decrease mental decline, especially for older adults.
· Reading may improve short-term memory and recall capabilities.