IRS NEWS

Stimulus TAX PAYMENT

If you have already filed your income tax return for this year, you need to do nothing. But if you want to know how much your stimulus tax payment will be, click on this link calculator .

If you normally do not have to file because you are social security, veterans benefits or widow benefits, you may still qualify if you have atleast $3000.00 for the year. We can help you sign up for the stimulus payment. The cost is FREE for anyone receiving the above benefits. For more information click on this link ARRP Stimulus Payment.

If you normally do not have to file a tax return because your income is to low or you normally do not owe taxes you may still qualify if you have atleast $3000.00 in wages or self employment for the year. We can help you file for the stimulus payment.
The cost is $20.00. For more infor mation click on this link IRS

1. Earned Income Credit - Combat Pay
Although combat pay is not included in income when calculating your federal income tax, you have the option of including combat pay as earned income when calculating the Earned Income Credit. You should calculate your return both ways (including and not including combat pay as earned income for Earned Income Credit purposes) to determine which way gives you the more advantageous result.

2. Other Mileage
In addition to business mileage, did you know that other types of mileage are deductible if you can itemize? If you are involved in charity or volunteer work for a non-profit organization, you can deduct your mileage at 14 cents per mile. The mileage to and from a doctor or dentist's office is deductible at 20 cents per mile.

3. Job-related Expenses
Some of your job-related expenses that may be deducted include union dues, job-related magazines and books, and other related business expenses. Generally, you must depreciate the cost of tools used in your work. If your employer requires you to wear work clothes or uniforms that are not suitable for everyday wear, you may deduct the cost and upkeep.

ACCOUNTING TIPS

1. Take care of your year-end bookkeeping.

2. Gather your annual information forms.

3. Line up your payroll and subcontractor information.

4. Consider how you want to deduct asset purchases.

5. Get your "business" status resolved.(S-Corp, Partnership, Sole Proprietor)

We can help you get ready for Tax Season

Design Tips

If you are thinking about creating or changing your logo keep this in mind...
When having printing or screen printing done the more colors you have in your logo the more it will cost to have printing or screen printing done.
You do want your logo to be the same on all products, that way your customers remember your business.


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WEBSITE DESIGN

When designing your website keep it clean and informational. The more whistles and bells the longer pages take to load.

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