Tax Savings Solutions

04/18/2022

Thanks Swig for reminding everyone it's tax day!

03/18/2021

IRS Extends the Tax Deadline to May 17th

IR-2021-59, March 17, 2021 — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.

03/15/2021

Don't forget to call us to put your business on extension if you haven't filed yet.

03/04/2021

Did you already do your taxes and still wonder if your Tax preparer, Cpa or Software program really helped you get the most of your taxes? We have a few things you can look for to check. OR we will look over your taxes for free to see if there was anything missed. We only charge if you decide to do anything.

One major change this year was contributions. Many people haven't been able to itemize the last 2 years but due to some changes have enough to itemize or take advantage of a few things.
So pull out your tax 2020 tax return and look at line 10b and 12 on your 1040. If you have the Standard deduction on line 12 and line 10b is blank I can already promise a deduction was missed.

Or if you use to itemize before 2018 and 2019 and still took the standard this year is it really because it was the best option or did you assume it would be the same?

Or do you have a Schedule C or Schedule E? You would be shocked how many of these we come across with either no deductions or not all the possible deductions you can take.

I would schedule a zoom call with us to look over these numbers for no charge. If you noticed these or just want a second opinion.

03/04/2021

Did you start a business in 2020 and not sure what to do now with all the numbers you have? We can help. Schedule some free time to talk to Craig or Jennifer about your new business. Whether you made money with it or not we can show you how it affects your taxes. Link to schedule appointments on our website. plantopaylesstax.com

02/26/2021

If only this was a new write off with Covid.

02/25/2021

Do you have a kid that is right on the border of if you can still claim them? Not quite sure if they need to file themselves or under you? Or do you have a dependent that didn’t get the economic impact checks? We can help!

For no extra charge we show you the pros and cons of more than one way to file. We have helped a few people get more money back by having a handicapped child or student claim themselves. Not sure this is a good option or not? Again for no extra charge we can run them numbers for you!

02/23/2021

We have found LOTS of people that have been paid 1099 money this year probably due to COVID. Now they are getting a 1099 NEC in the mail and need help filing their schedule C's. We LOVE to help clients be aware of their write offs to help lower their tax liability. Schedule some time with Craig today to help you know the ins and outs of it. He is happy to chat and talk for no charge: https://my.timetrade.com/book/NB2FH

02/15/2021

Did you know that the CARES Act affected your charitable donations this year? Even if you don't have enough things to itemize and take the standard deduction you can still write off some donations. Schedule your appointment today so we can help.

https://my.timetrade.com/book/NB2FH

02/11/2021

https://kutv.com/news/coronavirus/taxing-time-how-the-pandemic-will-affect-filing-your-taxes?utm_source=second-street&utm_medium=email&utm_campaign=KUTV+Coronavirus+02%2f10%2f21

Tax filing season will start a bit later this year and look a bit different too. That’s because the pandemic that defined 2020 has seeped into tax time too. If you worked from home, received a relief payment, took on some gig work or filed unemployment benefits — or someone filed a fake....

01/13/2021

Don’t forget to bring in your notice 1444 or what payments you received. This way we can help you get any money still owed to you. Schedule an appointment in person, over zoom or on the phone to see how we can help you get any owed economic impact payments. https://my.timetrade.com/book/NB2FH

04/22/2020

We got an email last night that the IRS’s website has updated for those that are receiving checks should be up. Granted it also had a disclaimer at the bottom that said not all individuals have had their get my payment status updated yet. The date for checks to mail may vary from individual to individual.

The IRS only updates their website once a day and it’s usually at night. If we can try and answer any questions regarding this message us and we can chat or call.