Currently Browsing: Taxes

Being Prepared

Welcome to the last week of April, I hope you had a productive meeting with your Tax Preparer/Accountant about your 1st quarter financials and you created a Tax Plan for 2022. If you haven’t there is still time to get it done. Although it is...

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Tax Planning and Why It Is Important:

As we are wrapping up the 2021 tax season, this is the phase of tax season that we (tax preparers) see clients that owe money to the IRS. There are many different reasons why you the taxpayer owes money to the IRS: either not having enough withheld...

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End of Tax Season

Now that you have created the correct corporation for you and your business, now what? Make sure that you or someone is taking care of your Bookkeeping every month. (https://pinabiz.com/how-to-keep-your-books-up-to-date) Review your Financials on...

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The Different Tax Entities

What Kind of Tax Entity is my business? You started your own business, you became a realtor, or you are being paid as a contractor.  Someone at the water cooler tells you that you should start an LLC for your business.  Unfraternally that...

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Make Sure You Are Choosing The Right Tax Professional:

  We understand that there are many options to file your tax return. There are the online software’s, were you answer questions, put your information in send it off. They have they cool trackers as you put each information in, it will...

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Due Dates

Due Dates The IRS has many due dates during tax season. For the 2021 tax season, the IRS started accepting tax returns on January 24, 2022. This is the date that they open up the e-file system and start processing tax returns. W2’s and...

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Why File Now If You Know You Are Going To Owe:

Why File Now If You Know You Are Going To Owe:     I always tell my clients, you can file your tax return at any time, and still pay later (April 18, 2022). It is better to understand how much you owe and why you owe early on, so you have...

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The Process of Getting Your Taxes Done with Us:

The Process of Getting Your Taxes Done with Us:     This tax season marks my 18th year of preparing tax returns. 15 years have been on my own and 3 years with a big box company. I’m honestly glad I started...

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Advance Child Tax Credit

Advance Child Tax Credit has been an interesting topic this year. To get or not to get it, that was the question. Or were you even able to opt-out? As, many people had issues with the IRS website, and just gave up. They increased the Child Tax Credit...

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What to expect

Now that we are in the fourth quarter of 2021, this is your last chance to make any adjustments to your tax liability and tax credits before you file your tax return. Here are some reasons to meet with a Tax Professional to get some...

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