01/01/2022
Tax Season is among us, so please have your affairs in order! 🧾📋🗂 Before you run and file your taxes, there are few things that you should know:
For all my TurboTax filers, there are so many changes this year…complex changes! If you are a beginner with filing taxes…you will leave money on the table.🤷🏾♀️
First thing I would do I’d call 1-800-304-3107 to find out my tax status before filing! This will let you know if you owe debts, how much you owe and who you owe the debt to.✅ This way you can get ahead of the situation. (Try to get a resolution now)🗣
If you received ACTC (Advance Child Tax Credit) you will need letter 6416 before filing and if you received stimulus payments, you will need letter 6475 before filing.✅ Filing taxes without the forms can cause your return to go into a review status. You don’t want that.
This is not the year to let other people claim your children.🙄 You will miss out on so much money by
doing that. Oh and self employed taxes will be under microscope this year, so watch your step! ✅
Make sure you have the documentation that you need to cover your tracks in case of an audit.😩 Deductions are good but not when you need to make a large purchase.✅
Expect a chaotic tax season!🗣🗣 There will be delays this season.
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Prepare & File 1040 using W2/1099; Schedule C; and Form 1165(S-Corp). Rachel is a CPA and Tax Preparer she will personally prepare and e-File your Income Tax Returns with precision and professionalism to maximize your tax refund. If you were an Essential Worker or Healthcare Worker in 2020, or if yo...