TaxAce

Sometimes you will go through hard times. During those times, you will feel like everything is falling apart. But the most important thing that the hard time will show you to discover your strengths. And by using those strengths, you can come out from those situations. On top of it, you will also learn several other things. #positivitytoday

The deadline to register for an Economic Impact Payment using the Non-Filers tool is extended to November 21, 2020. The IRS urges people who don't typically file a tax return and haven't received an Economic Impact Payment to register as quickly as possible using the Non-Filers: Enter Info Here tool on IRS.gov. The tool will not be available after November 21. This additional time is solely for those who haven't registered or received their EIP and don't normally file a t...ax return. For taxpayers who requested an extension of time to file their 2019 tax return, that deadline is Thursday, October 15. Beginning two weeks after they register, people can track the status of their payment using the Get My Payment tool, available only on IRS.gov https://bit.ly/3mH7uGN #taxace #IEP #taxpayers

Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income. We make it a priority to enhance our mastery of the current tax law, complex tax code, and new tax regulations by attending frequent tax seminars. Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout... the year, not just at the end of the year. If you'd like to receive more information about our Tax Planning Service visit our website www,mytaxace.com #taxace #taxplanning #taxpro #taxpreparer

IRS set November 10 as "National EIP Registration Day," as the agency and partners across the country launch a final push to encourage everyone who doesn't normally file a tax return to register to receive an Economic Impact Payment. https://bit.ly/31VxW7S #taxpro #taxpayers #economicimpactpayment #tax

If you are looking for a blend of personal service and expertise, you have come to the right place! We offer a broad range of services for business owners, executives and independent professionals. Our rates are affordable. We are experienced and we're friendly. Call us at 707-557-1040 to schedule your appointment and see how we can help you!... Visit our website: www.mytaxace.com

The Treasury department and IRS today released the last set of final regulations implementing the 100% additional first year depreciation deduction that allows business to write off the cost of the depreciable business assets in the year they are placed in service by the business. Additionally, the final regulations provide rules for consolidated groups and rules for components acquired or self-constructed after September 27, 2017, for larger self-constructed property on whic...h production began before September 28, 2017. For details on claiming the deduction, see the final regulations and the instructions to Form 4562, Depreciation and Amortization (Including Information on Listed Property). https://www.irs.gov//irs-finalizes-regulations-for-100-per For more information, visit us online or call to schedule your appointment today! #taxace #taxpro #tax

The New York Times reported President Trump paid $ in federal income tax his first year in office, the lowest first-year tax payment of any president since at least Carter and, in raw dollar terms, significantly less than what the average middle-class American family pays. https://www.washingtonpost.com//trump-taxes-compare-presi/

Starting your own business can be an exciting prospect, but there is more to it than simply writing a business plan. Also, if you expect to have employees, there are a variety of federal and state forms and applications that you need to complete to get your business up and running. That's where a tax professional can help. With this in mind, let's take a look at what you need to know before you start a new business call us at 707-557-1040 to schedule your appointment and see how we can help you! #startupbusiness #newbusiness #taxace #businesstips #smallbusinesssupport

For small-business owners facing pressure amid Coronavirus, even going broke will cost them money. Some 610 businesses in the New York City region filed for bankruptcy from March 16 to Sept. 27, an increase of 40% from the year-ago period, according to Bloomberg. But there’s more to closing your business than just cleaning out your storefront and shutting the doors for good.... The steps you’ll need to take going forward will depend on the kind of business you’re operating, its structure and the extent to which your entity has assets that need to be sold off or distributed to partners. Find out more: https://cnb.cx/3oCQ0NV If you need help with your tax, You may call us at 707-557-1040 to schedule your appointment and see how we can help you! #taxace #business #smallbusinessowner #businessisclose

Generally, the taxpayer's filing status depends on whether they are single or married on and that determines their status for the whole year. However, more than one filing status may apply in certain situations. If this is the case, taxpayers can usually choose the filing status that allows them to pay the least amount of tax. , :... If the taxpayer is required to file a federal tax return If they should file a return in order to receive a refund Their standard deduction amount If they can claim certain credits The amount of tax they should pay https://bit.ly/taxfilingstatus If you need help with filing your status call us at 707-557-1040 to schedule your appointment and see how we can help you! #taxace #taxaceservices #taxpayers #FilingStatus

We all have a busy mind, and as we grow older, our minds get filled with more and more pressing matters that might have a huge impact on our lives. Never allow your mind to control you; otherwise, you can never escape the cycle of your thoughts. Sometimes distracting yourself with positive, healthy, and happy alternatives can distract you from overthinking. #positivitytoday #taxace

Thank you so much for the positive feedback, We'd love to continue providing great service to our customers. Let us give you the peace of mind you deserve by helping you or Call us at 707-557-1040 to schedule your appointment and see how we can help you! #taxace #feedback #reviews

With health care, housing, food, and transportation costs increasing every year, many retirees on fixed incomes wonder how they can stretch their dollars even further. One solution is to move to another state where income taxes are lower than the one in which they currently reside. If you move to a different state but are still working for an employer in the state you formerly resided in, you will be subject to income tax in that state (as a nonresident) because your emplo...yer is located there. If you're thinking about making a move to another state, here are six things to keep in mind: Income Tax Rates Income Tax on Retirement Income Tax on Social Security State and Local Property Taxes State and Local Sales Taxes Estate Taxes http://bit.ly/TaxAce Contact us at 707-557-1040 and make an appointment with a tax professional who will help you figure out which state fits your particular circumstances. #taxace #retirement #taxconsiderations

We measure success in terms of money and other material things. However, real success comes when we like ourselves, our work ad our methods of doing it. #positivitytoday #motivation