Richards Accounting Services

Richards Accounting Services Accounting agency that helps business clients make sound financial decisions on a daily basis.

Behind on bookkeeping?Tired of payroll headaches?Need an accountant that actually answers? 👀Whether you’re a startup, ex...
05/13/2026

Behind on bookkeeping?
Tired of payroll headaches?
Need an accountant that actually answers? 👀

Whether you’re a startup, expanding company, trucking business, contractor, or established small business — we’re here to support your next stage of growth.

If you need reliable accounting support behind the scenes, let’s connect. 🤝

If you know a small business owner who could use accounting help, feel free to tag them or share this post!

02/08/2026
We have openings! Get scheduled today. Individual Tax Returns start at $75. (Prices vary depending on prep).Business Tax...
02/15/2022

We have openings! Get scheduled today.

Individual Tax Returns start at $75. (Prices vary depending on prep).

Business Tax Returns start at $300. (Prices vary depending on prep).

Did you know?Today is:National Making Life Beautiful Day National Corn on the Cob Day National German Chocolate Cake Day...
06/11/2021

Did you know?

Today is:
National Making Life Beautiful Day
National Corn on the Cob Day
National German Chocolate Cake Day

Have some corn on the cob for dinner and then have some German
Chocolate Cake for dessert. Yum.



Did you know?Today is National Egg Roll, Ballpoint Pen, Iced Tea, Black Cow and Herb & Spices day. Go get yourself an Eg...
06/10/2021

Did you know?

Today is National Egg Roll, Ballpoint Pen, Iced Tea, Black Cow and Herb & Spices day.

Go get yourself an Egg Roll w/ some Iced Tea. 😉





04/07/2021

Current filing statistics:

- Over 85 million returns have been received through March 26, 2021, with 75.97 million returns processed.

- More than 15 million business returns have been processed.

- The IRS expects to receive a total of 160 million returns.

- Free File participation is up 8.2 percent.

-At its highest point (following enactment of the American Rescue Plan), the IRS received 1,500 calls per second.

The extension of the filing deadline to May 17, 2021 automatically extends the time to make 2020 contributions to IRAs and Roth IRAs, Health Savings Accounts, Archer Medical Savings Accounts and Coverdell Education Savings Accounts. But it does not extend the April 15, 2021 deadline for estimated tax payments.

Individual Tax Return starting at $75.Now booking appointments!
01/22/2021

Individual Tax Return starting at $75.

Now booking appointments!

01/12/2021

W2s are going to start going out.

If you moved at all in the last year, make sure you have your CURRENT ADDRESS on file with anywhere that you were employed.

Seeing a lot of post about Stimulus Payments and I'm kinda over it. So since people don't know how to read or listen, RE...
01/05/2021

Seeing a lot of post about Stimulus Payments and I'm kinda over it. So since people don't know how to read or listen, READ BELOW:

Single filer checks begin to phase out at AGIs above $75,000.

Married and joint filer checks start phasing out at joint AGIs over $150,000.

Head of household checks start getting phased out at incomes over $112,500.

The IRS will reduce stimulus payments by 5% for the total amount that you made over the AGI limit. This means that for every $100 that you make over the limit, your check will go down by $5. At high enough incomes, the checks will phase out entirely. So if you earned over $87,000 as an individual taxpayer, $174,000 as a joint filer, or $124,500 as a head of household, you will not get a stimulus payment.

Direct payments will be sent first, and paper checks will take longest. The first direct deposit payments started arriving as early as December 29, 2020 and will continue into the following week. The funds are not available until January 4th, 2021. Paper checks started getting mailed on December 30, 2020.

The IRS makes stimulus payments via direct deposit, paper check and economic impact payment (EIP) card. You can follow up on the status of both your first and second payments by using the “Get My Payment” portal.

People who get Social Security retirement benefits, Social Security survivor benefits, Social Security disability benefits, Supplemental Security Income (SSI), Railroad Retirement benefits and VA benefits will automatically get their second stimulus check via direct deposit if they have their bank account on file with the IRS.

Eligible recipients will get notified via mail roughly 15 days after their stimulus checks are paid out. This will include the check’s amount, the payment method, and a phone number to call in case it has not arrived.

Note that the $900 billion stimulus bill requires that the IRS send second stimulus checks by January 15, 2021. Eligible recipients who do not get a payment by the cut off date will have to claim their money as a Recovery Rebate Credit on their 2020 tax return (which needs to be filed by April 15, 2021).

12/29/2020

Tax Prep Checklist:
● Personal Information
Tax Identification Numbers are mandatory items on your checklist. All taxpayers will need the following to do their taxes.

- Your social security number or tax ID number
- Your spouse’s full name, social security number or tax ID number, and date of birth

- Information about your stimulus payment — also known as an economic impact payment (EIP) — if applicable — you may have IRS Notice 1444 or other records showing your EIP amount

- Identity Protection PIN, if one has been issued to you, your spouse, or your dependent by the IRS

- Routing and account numbers to receive your refund by direct deposit or pay your balance due if you choose

● Dependent(s) Information
Parents and caregivers should gather this information as they review what they need to file their taxes.

- Dates of birth and social security numbers or tax ID numbers
- Childcare records (including the provider's tax ID number) if applicable
- Income of dependents and of other adults in your home
- Form 8332 showing that the child’s custodial parent is releasing their right to claim a child to you, the noncustodial parent (if applicable)

● Sources of Income
Many of these forms won’t be needed to file taxes every year. For example, you will only receive the investment forms you may need to file your taxes if you had distributions or other activity.

● Employed
- W-2

● Unemployed
- Unemployment (1099-G)

● Self-Employed
- Forms 1099, Schedules K-1, income records to verify amounts not reported on 1099-MISC or new 1099-NEC
- Records of all expenses — check registers or credit card statements, and receipts
- Business-use asset information (cost, date placed in service, etc.) for depreciation
- Office in home information, if applicable
- Record of estimated tax payments made (Form 1040–ES)

● Rental Income
- Records of income and expenses
- Rental asset information (cost, date placed in service, etc.) for depreciation
- Record of estimated tax payments made (Form 1040–ES)

● Retirement Income
- Pension/IRA/annuity income (1099-R)
- Traditional IRA basis (i.e., amounts you contributed to the IRA that were already taxed)
- Social security/RRB income (SSA-1099, RRB-1099)
- Savings & Investments or Dividends
- Interest, dividend income (1099-INT, 1099-OID, 1099-DIV)
- Income from sales of stock or other property (1099-B, 1099-S)
- Dates of acquisition and records of your cost or other basis in property you sold (if basis is not reported on 1099-B)
- Health Savings Account and long-term care reimbursements (1099-SA or 1099-LTC)
- Expenses related to your investments
- Record of estimated tax payments made (Form 1040–ES)
- Transactions involving cryptocurrency (Virtual currency)

● Other Income & Losses
- Gambling income (W-2G or records showing income, as well as expense records)
- Jury duty records
- Hobby income and expenses
- Prizes and awards
- Trust income
- Royalty Income 1099–MISC
- Any other 1099s received
- Record of alimony paid/received with ex-spouse’s name and SSN
- State tax refund

● Types of Deductions
The types of deductions you can take depend a lot on your life situation. It’s likely you won’t need all of the documents listed below for your taxes.

● Home Ownership
- Forms 1098 or other mortgage interest statements
- Real estate and personal property tax records
- Receipts for energy-saving home improvements (e.g., solar panels, solar water heater)
- All other 1098 series forms

● Charitable Donations
- Cash amounts donated to houses of worship, schools, other charitable organizations
- Records of non-cash charitable donations
- Amounts of miles driven for charitable or medical purposes

● Medical Expenses
- Amounts paid for healthcare, insurance, and to doctors, dentists, and hospitals
- Health Insurance
- Form 1095-A if you enrolled in an insurance plan through the Marketplace (Exchange)

● Childcare Expenses
- Fees paid to a licensed day care center or family day care for care of an infant or preschooler
- Amounts paid to a baby-sitter or provider care of your child under age 13 while you work
- Expenses paid through a dependent care flexible spending account at work

● Educational Expenses
- Forms 1098-T from educational institutions
- Receipts that itemize qualified educational expenses
- Records of any scholarships or fellowships you received
- Form 1098-E if you paid student loan interest
- K-12 Educator Expenses
- Receipts for classroom expenses (for educators in grades K-12)

● State & Local Taxes
- Amount of state and local income or sales tax paid (other than wage withholding)
- Invoice showing amount of vehicle sales tax paid and / or personal property tax on vehicles

● Retirement & Other Savings
- Form 5498-SA showing HSA contributions
- Form 5498 showing IRA contributions
- All other 5498 series forms (5498-QA, 5498-ESA)
- Federally Declared Disaster
- City/county you lived/worked/had property in
- Records to support property losses (appraisal, clean-up costs, etc.)
- Records of rebuilding/repair costs
- Insurance reimbursements/claims to be paid
- FEMA assistance information
Check the FEMA website to see if your county has been declared a federal disaster area.

Address

118 Locust Street Ste 103
Allegan, MI
49080

Opening Hours

Monday 10am - 5pm
Tuesday 10am - 5pm
Wednesday 10am - 5pm
Thursday 10am - 5pm
Friday 10am - 5pm
Saturday 10am - 4pm

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