NOW, IT'S THAT TIME AGAIN...

I understand that now everyone is consumed with the coming holiday season. Now is the time for shopping, holiday parties and dinners, as well as getting prepared for guests. Now is the time to also think about what you are going to deduct for the 2014 tax season. Time to find all of those receipts, and make sure that your W4s are correct.

December 31 is the last date to give to your favorite charities, and it's the last date to claim whatever your going to claim on you income taxes.  

April 15, 2014 is also the last date to amend your income taxes going 3 years back in other words, its the last day to amend your 2011 personal income taxes.

These issues can be difficult and overwhelming, and that's why I'm here to help. If you have personal income tax issues, please call us anytime. We'll even talk to the Internal Revenue Service for you. My company has been dealing with personal income taxes since 1988, so experience in these issues are more than just a notion.

We offer service 7 days a week including holidays.

 

 

 

Wrapping Up End Of The Year Tax Deductions

It's already the end of August and before you know it it will be time to file personal and small business income taxes again. It's time for you as a tax payer to start working on your end of the year deductions such as charitable deductions (church tithes and offerings, and monetary donations to other organizations), also non monetary donations such as clothes, household items, used electronics, auto's, and anything else that you gave or are going to give to Goodwill.  Also, if you have a small business or if you are going to claim Un - reimbursed employee expenses (if you are an employee), make sure everything is documented by the end of the year (December 31).

If you are looking to buy or start a business, NOW is the perfect time. Any and all expenses for any business start up will be deductible on your 2013 Income Tax. To assist you with this, call and talk to me about filing a DBA, S Corporation, Non Profit Corporation, LLC, or LLP.

And for those of you that already have a business, any marketing is tax deductible such as business cards, travel, cell phones, computers, business miles, etc.

Contact us with any questions regarding any tax or business issues at (213) 820-1513.