Blog Posts

Tax Scams/Identity Theft – Protect Yourself

Tax Scams/Identity Theft – Protect Yourself

Did you know that the IRS will NEVER contact you via phone, text message, social media or email requesting personal information? In today’s society the amount of identity theft and tax scams is increasing at an alerting rate. As of today, 60 million people have been a...

Support – Dependent Worksheet

Support – Dependent Worksheet

Did you have someone living with you for the tax year or part of it? Are you curious if you can claim them? Guidelines for these questions can be found HERE with an extensive list of questions to answer to find out if you can claim them on your taxes. And remember to...

Families with Children – Child Tax Credit

Families with Children – Child Tax Credit

With all the changes this year, who can keep up? Did you know that the Child Tax Credit is now $2,000 per qualifying child and families with up to $400,000 of AGI now qualify for the full credit? Do you know who qualifies for the Family Tax Credit? There have been...

Florida Annual Reports Due May 1st – Beware of Scams!

Florida Annual Reports Due May 1st – Beware of Scams!

The Florida Department of State is currently sending email reminders to file your Annual Report.  These reports are due May 1, 2019 and there is no waiver of the $400 late fee if you miss this deadline. There are a number of companies that will mail a very official...

When Can I Expect My 2019 Income Tax Refund?

When Can I Expect My 2019 Income Tax Refund?

Wondering when to expect your tax refund? The IRS has just released a schedule of estimated refund dates for 2019. Their chart shows an estimated timeline for when a taxpayer is likely to receive their refund. If a return is delayed, use the "Where's My Refund?"tool...

Itemized Deductions for Homeowners – Can I deduct or not?

Itemized Deductions for Homeowners – Can I deduct or not?

The IRS defines a home as any house, condominium, cooperative, mobile home, boat, or similar property that has sleeping space, toilet facilities, and cooking facilities. Each circumstance is different when determining what you can deduct on your tax return. Is it Real...

Itemized Deduction for Interest – Does This Interest Qualify?

Itemized Deduction for Interest – Does This Interest Qualify?

Home mortgage interest deductions have been restricted in the recent tax changes.  You may have qualifying interest expense to itemize on your tax return, but you'll need to be aware of the new rules and you will need to provide us with additional information when it...

IRS issues standard mileage for 2019

IRS issues standard mileage for 2019

The Internal Revenue Service has issued the 2019 optional standard mileage rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning Jan. 1, new standard mileage rates for the use of a car (also...

IRS Confirms Tax Filing Season to Begin January 28th

IRS Confirms Tax Filing Season to Begin January 28th

IRS Confirms Tax Filing Season to Begin January 28 January 7, 2019 - IRS Notice IR-2019-01 WASHINGTON ― Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019, and provide refunds to...

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