If you drive your personal vehicle for business, the IRS has increased the deductible mileage rate to 58.5 cents per mile. That means for every 100 business miles you drive, you can deduct $58.50 on your taxes! Itโs very important that you keep a mileage log to track your miles๐
"I came to the conclusion that there is an existential moment in your live when you must decide to speak for yourself; nobody else can speak for you." - Martin Luther King Jr. #MLKday#MotivationMonday
#iFund#BlackWomen Business Owners in Atlanta, Chicago, Detroit, Los Angeles, Miami, and Washington, DC, here's an opportunity for funding and coaching. Apply today!
https://t.co/z1cQeiHu2p
Make tax time easier with a secure online account with the IRS to access your individual account information. Click the link below for more information: https://t.co/DbxKG0npVh
If you receive Paycheck Protection loan forgiveness, you must have your records retained for 6 years. The SBA can audit at anytime. If you do not have your records in order start now.
Tax season starts this week. It's not too late to get prepared, and we're ready to help you. Schedule a consultation with us to get started! https://t.co/xRYpcoiimu
Ask your accountant if it is best for your college student to claim themselves and file their own taxes for 2020. They may be eligible to receive a stimulus payment with their tax refund. We are currently accepting new clients if you don't have an accountant to help you decide!
Tip #2: Avoid Tax ID Fraud by never responding to an e-mail that appears to come from the IRS. The IRS does not contact people via e-mail. Did you receive an email and you're not sure if it's legit? Give us a call, we're here to help! #TaxTipTuesday
Be very careful when choosing a tax preparer! While most preparers provide excellent service to their clients, a few may file false and fraudulent tax returns and ultimately defraud their clients.
Join us Wednesday, February 3 at 1 p.m. as we talk about ten key tax strategies that will help you lower your tax bill before it is too late! Use the link below: https://t.co/XhkD3hDPoQ
To avoid refund delays, be sure to gather all year-end income documents so you can file a complete and accurate 2020 tax return. If you need help, schedule a consultation with us!