It has been great seeing those of you who has been! This has been our busiest tax season. We've seen over 250 clients so far. A few years ago that was how many clients we helped the whole individual filing season. The growth is coming mainly from your referrals. I take very seriously this honor, and work hard so your friends and family are glad they came.
If you haven’t made your appointment, please call or use our online appointment finder. We have been booked about a week in advance most of this year.
Thanks again so much. I appreciate your business and your trust.
If you no longer wish to receive this e-newsletter, click unsubscribe at any time.
NOTICE REGARDING WRITTEN TAX ADVICE: This notice is required by IRS Circular 230, which regulates written communications about federal tax matters between tax advisors and their clients. To the extent any article or commentary is written tax advice communication, it is not a full "covered opinion." The opinions expressed are only for general tax knowledge, and the tax impact on your financial situation may differ from the results listed in these articles. Accordingly, this advice is not intended and cannot be used for the purpose of avoiding penalties that may be imposed by the IRS.
ONLINE NEWSLETTERS
Our website features many on-line newsletters, giving you current information and timely tips on tax topics affecting you, your business, and your family.
Everyone who files a federal tax return must determine which filing status applies to them. It is important that the correct filing status is chosen as it determines your standard deduction, the amount of tax you owe, and any refund that may be owed to you. (Read More)
If you (or your spouse) are at least 18 years of age and plan on taking advantage of the liberalized homebuyer tax credit, time is running out. Unless extended by Congress, this refundable tax credit will no longer be available for homes purchased after April 30, 2010 or after June 30, 2010 when a binding contract to purchase was entered into prior to May 1. (Read More)
Have a Financial Interest or Signature with a Foreign Financial Account? Better Read This!
Each U.S. person who has a financial interest in or signature or other authority over any foreign financial accounts (including bank, securities, or other types of financial accounts in a foreign country), if the aggregate value of these financial accounts exceeds $10,000 at any time during the calendar year, must report that relationship to the U.S. government each calendar year. (Read More)
Have you received your W-2? These documents are essential to filling out most individual tax returns. You should receive a Form W-2, Wage and Tax Statement, from all of your employers each year. Employers have until February 1, 2010 to provide or send you a 2009 W-2 earnings statement either electronically or in paper form. (Read More)
Long-range income-tax planning for individuals has always been challenging, what with the steady stream of changes and last minute action by Congress. This year, it goes to an all-new level taking into account the sunset provisions for many current benefits – those provisions that were enacted with a specified ending date – and the President’s 2011 budget proposals. (Read More)
Substantial Penalty for Late Partnership and S-Corporation Returns
Income from both partnership and S corporation returns passes through to the partners or stockholders. Therefore, filing these returns late creates hardships for the partners or stockholders to timely meet their own filing obligations. (Read More)
Claiming the First-Time or Long-Time Resident Homebuyer Tax Credit on either your 2009 or 2010 return includes some complex documentation requirements. The IRS recognizes that the settlement documents can vary from location to location, so they have provided some clarification related to these requirements. (Read More)
Circular 230 Disclosure, United States Treasury regulations effective June 21, 2005 require us to notify you that to the extent of this communication, or any of its attachments, contains or constitutes advice regarding any U.S. Federal tax issue, such advice is not intended or written to be used, and cannot be used, by any person for the purpose of avoiding any penalties that can be imposed by the Internal Revenue Service.
SCAM ALERT!
The IRS does not initiate taxpayer communications through e-mail.
The IRS does not request detailed personal information through e-mail.
The IRS does not send e-mail requesting your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts.
Report suspicious e-mails and bogus IRS Web sites to phishing@irs.gov.
