In this issue of the
Monday Morning Messenger
, read our
Top Story
of the morning for an update on an employment compliance matter.
TPGA has provided you with the details on the Alternative Fuel Tax Credits in previous editions of the Messenger. Still, we also want to highlight the Alternative Fuel Property Tax Credit renewal and how to claim that tax credit as well. Find out more in our
Tax Update
of the day.
Also, you have less than 10 days to sign up for the Spring 2020 edition of
Propane Living
. This edition covers some of the things you wish your customers knew or would tell you. Discover more about the edition in this issue of the
Monday Morning Messenger
.
Lastly, founded in Texas, the LPG Charity Fund has been helping the LPG and gas processing industry for over two decades. Approximately $1.4 million of funds has been dispersed to help meet extraordinary medical expenses and over $1.7 million has been raised to assist those in dire financial need. One of the ways they get the funds is through a series of fundraisers. Find out more about an upcoming charity poker tournament they're having in Houston in the last story of the morning.
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MEMBERS ONLY
WEEKLY NEWSLETTER
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- In Brief
- Top Story: Compliance
- Tax Credit Update
- Consumer Education
- Poker Tournament
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CALENDAR
February 10, 2020
February 15, 2020
February 17, 2020
TPGA Office Closed
President's Day
February 17, 2020
Meeting details coming soon
February 21, 2020
LPG Charity Fund
Texas Hold'em Tournament
Houston, TX
March 3-4, 2020
TPGA Board &
Committee Meetings
Lakeway, TX
Details coming soon, keep an eye on your inbox
for meeting details
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New I-9 Form
Finally Released
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Over the summer, the Texas Propane Gas Association brought your attention that the U.S. Department of Homeland Security (DHS) Immigration & Customs Enforcement (ICE) was doing I-9 audits (once one of our members was audited) and the fact that the I-9 form would soon be expiring. All I-9 forms have an expiration date.
The ICE has finally updated the I-9 form that expired on 08/31/19. You should start using the new form now as of January 31, 2020.
By law, every worker in the U.S. must prove that they are allowed to work in the country. The proof must come from the employee/candidate, but collecting and securing it properly is the responsibility of the employer.
What employees need I-9’s? All employees full-time, part-time, seasonal, etc. including contract employees.
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What will DHS ICE be looking for in an I-9 audit?
· Missing I-9s
· Unsecured I-9s
· Missing documents
· Unacceptable documents
· Expired documents
· Documents with errors.
· Requirement status for E-Verify
If you have any questions on DHS ICE I-9 audits, you can contact TPGA at (800)32-LPGAS, or NPGA members can contact HR University/ HR Associates directly at (703) 590-3841 for I-9 and other employment compliance questions.
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Alternative Fuel Property Tax Credit
Up to $30,000 (2018 - 2020)
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Not only was the Alternative Fuel Tax Credit (AFTC) extended, but so was the Alternative Fuel Vehicle Refueling Property Tax Credit for propane refueling stations placed in service between 2018, 2019, and 2020. The tax credit is for
up to 30 percent or $30,000
of the cost of the new alternative fuel station.
How to File (2020).
Qualifying individuals and entities claim the credit on the recently updated
Form 8911
, Alternative Fuel Vehicle Refueling Property Credit, which is attached to the individual or entity’s federal income tax return.
How to File Retroactively (2018 & 2019).
Under Notice 2020-8, there is a 180-day window to submit all retroactive claims. The deadline is
August 11, 2020
.
In the absence of IRS guidance to the contrary, individuals and entities entitled to the Alternative Fuel Vehicle Refueling Property Credit in 2018 and/or 2019 can file an amended federal income tax return (e.g., Form 1040X for individuals or Form 1120X for corporations) and claim the credit for each year by attaching Form 8911. (
Source: NPGA
)
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For completing forms, filing assistance, tax questions, advice and guidance, please consult a tax professional.
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Spring 2020 Propane Living Newsletter
Reserve your copies by February 18, 2020
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- Importance Converting Your Stove
- What You Should Know About Yellow Flames
- Importance of Letting Propane Marketers Know When You've Added or Replaced an Appliance
- Dangers of Uncapped Lines
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These are some important reminders the Propane Council of Texas (ProCOT) will be letting propane consumers subscribed to our
Propane Living
know in the Spring 2020 edition.
Additionally, ProCOT will be giving them some kitchen remodel inspiration and let them know why they should be cooking with gas.
There are two ways to get Propane Living to your customers:
1) ProCOT can bulk ship you the desired quantity you want to pass out.
OR
2)You can provide a customer mailing list to us quarterly like you do with Duty to Warn and we mail it for you.
FREE Postage & Shipping
Your cost.
All marketers are responsible for is a $49 fee this Spring billing cycle and then less than 4 cents per address to spray on a black & white copy of your company logo or company name.
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LPG Charity Fund
Texas Hold'Em Tournament (Houston)
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The LPG Charity Fund has propane industry professionals across the country, including Texas, during a time of catastrophic medical expenses and/or financial need such as temporary living expenditures or funeral expenses.
Join the LPG Charity Fund on Friday, February 21st, 2020, for a Texas Hold’em Poker Tournament at Dave & Buster’s on Richmond Avenue in Houston, TX.
Lunch and registration will be at 11:30 am with the poker tournament starting at 1:00 pm.
All donations from the Poker Tournament and raffle prizes go directly to the charity fund to assist those in the industry that are in need of assistance.
Come out play poker all while supporting an excellent cause!
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