TODAY’S TAX TIPS

  • PERSONAL RETURNS DUE BY 4.18.17 – NEED AN EXTENSION, CONTACT INFO@RTWXXACT.COM IMMEDIATELY
  • EMPLOYEES WHO PAY FOR WORK RELATED EXPENSES OUT OF THEIR POCKET MAYBE ABLE TO DEDUCT THEM.
  • THE EXPENSES MUST BE ORDINARY AND NECESSARY (WORK UNIFORMS, SUPPLIES, MEALS, EDUCATION, ETC)
  • K-12 TEACHERS MAY BE ABLE TO DEDUCT UP TO $250 OF CERTAIN EXPENSES (BOOKS, SUPPLIES, ETC.)
  • SELF EMPLOYED AND NEED TO REDUCE YOUR TAX LIABILITY – SET UP A SEP (SIMPLE RETIREMENT PLAN – ALLOWS YOU TO SAVE FOR RETIREMENT AND TAKE A DEDUCTION AGAINST YOUR INCOME)
  • CALENDAR YEAR NONPROFIT’S 501C(3) ARE DUE BY 5.15.17
  • MOST REFUNDS HAVE BEEN ISSUED WITHIN A 2 WEEK WINDOW
  • NEED AN AMENDMENT RETURN FILED? YOU GENERALLY HAVE 3 YEARS FROM THE ORIGINAL DUE DATE TO CLAIM A REFUND. HOWEVER CANNOT ELECTRONICALLY FILE AMENDED RETURNS, THEY MUST BE SENT BY REGULAR POSTAL MAIL.
  • ELECTRONIC FILING IS NO LONGER AVAILABLE FOR TAX YEARS 2015 AND EARLIER.

 

“FIRST CLASS SOLUTION SUITE”

CONTACT RTW TODAY FOR ALL YOUR TAX AND BUSINESS NEEDS. REFUNDS FOR BOTH FEDERAL AND STATES TAKING PLACE NOW!!! DON’T WAIT, CALL OR EMAIL NOW; INFO@RTWXXACT.COM