Chantal J OST Financial Services

01/11/2025

01/11/2025

January 27, 2025
IRS Opens Tax Season

12/31/2024

FAQ: What is the difference between a tax deduction and a tax credit? A deduction reduces your taxable income, while a credit directly reduces the amount of tax you owe.

12/28/2024

It's ! If you wish to claim an tax deduction for donating your vehicle to charity, you should make sure that the charity is a qualified organization. Learn more at: https://ow.ly/cAIQ50Qf6Qa

12/28/2024

FAQ: Do I need to file a tax return if I have no income? It depends on your specific situation and filing requirements. Even with no income, you may need to file if you meet certain criteria.

11/08/2024

New parents? Certain tax credits can help your family’s finances grow stronger. See if you’re eligible to claim tax breaks that may lead to a lower tax bill and a higher refund for your growing family: www.irs.gov/parents

09/17/2024

As the seasons change, your life can change, too. Now that summer is coming to a close, it's a good time to do a tax withholding checkup to avoid a tax bill next year. On the website, we have tools to help you make sure you're on track. The Tax Withholding Estimator tool can figure out how much tax you should pay during the year. All you need are paystubs, or other income information from your side job or investment income, and a copy of your 2023 return.

Get started on your end-of-summer tax checkup at https://ow.ly/lLoL50T8WXe.

09/17/2024

Stay on the lookout for new scams that put your information and your tax refund at risk. urges you to stay on top of your : www.irs.gov/alerts

09/17/2024

When you plan for the unexpected, you feel less stressed if a disaster strikes and you can spend more time doing what really matters. For , the is helping you get ready for a disaster by sharing tips on how to create a preparedness plan.

Learn about storing your important documents, backing up documents, reconstructing your records and creating an inventory of your valuables. Having everything organized now will allow you to focus on the safety of your family if something happens later.

Start creating your preparedness plan at https://ow.ly/ePLB50TgpKP.

09/10/2024

Did you start a job or side hustle this summer? Remember to keep Form 1099-K, a report of payments you received for goods or services, with your other tax records to help you report all your income next filing season. www.irs.gov/1099k