Tax Service by Busby of South Carolina

12/10/2020

📱9 Tax Tips for Small Businesses 📱
1.Determine whether your business may qualify for different tax treatment. ...
2. Create a smart plan for paying taxes. ...
3. Set up—or add to—a retirement savings plan. ...
4.Take advantage of larger deductions for equipment. ...
5.Defer expenses and accelerate income—or vice versa. ...
6. Contribute to charity. ...
7.Understand how PPP loans will be taxed.
8. Consider when to pay your payroll taxes.
9. Make the most of this years loses.

04/07/2020

THIS IS THE LAST YEAR TO CLAIM A 2016 REFUND! TAX RETURN MUST BE POST MARKED BY 4-15-20 OR THEY FORFEIT THEIR REFUND!

02/13/2020

FUN FACT: the taxpayer he/she may not claim the EIC if the taxpayer has not lived with the child for over half the year, even if the taxpayer has supported the child.

02/07/2020

I have had several clients ask me this question this year.
What is the tiebreaker for who files the child?

TIEBREAKER RULES: To determine which person can treat the child as a qualifying child, the following tiebreaker rules apply:

If only one of the persons is the child’s parent, the child is treated as the qualifying child of the parent.
if the parents do not file a joint return together but both parents claim the child as a qualifying child, the IRS will treat the child as the qualifying child of the parent with whom the child lived with for the longer period of time during the year. If the child lived with each parent for the same amount of time, the IRS will treat the child as the qualifying child of the parent who had the higher adjusted gross income (AGI) for the year.
If no parent can claim the child as a qualifying child, the child is treated as the qualifying child of the person who had the highest AGI for the year.
If a parent can claim the child as a qualifying child but no parent does claim the child, the child is treated as the qualifying child of the person who had the highest AGI for the year, but only if that person’s AGI is higher than the highest AGI of any of the child’s parents who can claim the child.

02/07/2020

TIEBREAKER RULES: To determine which person can treat the child as a qualifying child, the following tiebreaker rules apply:

If only one of the persons is the child’s parent, the child is treated as the qualifying child of the parent.
if the parents do not file a joint return together but both parents claim the child as a qualifying child, the IRS will treat the child as the qualifying child of the parent with whom the child lived with for the longer period of time during the year. If the child lived with each parent for the same amount of time, the IRS will treat the child as the qualifying child of the parent who had the higher adjusted gross income (AGI) for the year.
If no parent can claim the child as a qualifying child, the child is treated as the qualifying child of the person who had the highest AGI for the year.
If a parent can claim the child as a qualifying child but no parent does claim the child, the child is treated as the qualifying child of the person who had the highest AGI for the year, but only if that person’s AGI is higher than the highest AGI of any of the child’s parents who can claim the child.

01/19/2020

Individual & Business Returns

Refund Advance up to 6,000.00 ( Could possibly print your check on the spot)

No money paid upfront

Mobile App Availble http://bit.ly/37vpEDWBusbytaxapp

SPECIAL ANNOUNCEMENT

JB Tax services has Partnered Busby's Credit Repair

After we service your return the client will get two months free of credit repair services.

Credit Monitoring and Application fee still apply.

01/18/2020

You should have your W-2's now. If not, call me lets schedule a appointment for the future.

10 % Discount off to any client I have done business with. (ANY ONE OF MY BUSINESSES)

We are offering:

Tax Advances 500.00 - 6,000

Mobile Tax App http://bit.ly/37vpEDWBusbytaxapp

Drop off and Virtual Services

Prices depends on the forms the company uses on your return

(803) 470-5845

01/08/2020

Tax season is here! Are you familiar with the new tax laws?

Individual & Business Returns

Refund Advance up to 6,000.00

No money paid upfront

Mobile App Availble http://bit.ly/37vpEDWBusbytaxapp

SPECIAL ANNOUNCEMENT

JB Tax services has Partnered Busby's Credit Repair

After we service your return the client will get two months free of credit repair services.

Credit Monitoring and Application fee still apply.

01/05/2020

Hello, Im Jamiea Busby a Local Real Estate Professional and Tax Preparer. I have worked for different tax companies over the last 6 years. I decided to move forward with my own business this year.
10 % Discount off to any client I have done business with. (ANY ONE OF MY BUSINESSES .)

We are offering:

Tax Advances 500.00 - 6,000

Mobile Tax App http://bit.ly/37vpEDWBusbytaxapp

Drop off and Virtual Services

Prices depends on the forms the company uses on your return

(803) 470-5845

01/05/2020

https://www.youtube.com/watch?v=4AdG7mXj4DU&feature=youtu.be&fbclid=IwAR0JeqT2E-JhWeNtaxYeIRC_hKoHMIgOKU1lXccBJnJl8hA9ulq7Svda8jg

Find out what you can do if you get a suspicious notice in the mail claiming to be from the Internal Revenue Service. For more information, go to https://www...