Even though each individual tax return is different, some tax rules affect every person who may have to file a federal income tax return. These rules include dependents and exemptions. The IRS has six important facts about dependents and exemptions…
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Charitable Deductions
by Oscar • • 0 Comments
Not all charitable gifts are deductible. Here are some rules to determine if your gift qualifies for a deduction. Contact Matis at 646-580-1099 or matis@1099bookkeepers.com for help with this or other tax matters. Make sure the organization qualifies. Charitable contributions…
Have Computer – Will Travel
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Have Computer Will Travel Wire Matis at matis@1099bookkeepers.com Brooklyn NY
Prepare for Hurricanes, Disasters by Safeguarding Tax Records
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WASHINGTON — The 2011 hurricane season starts today, and Matis of 1099bookkeepers.com encourages individuals and businesses to safeguard themselves against natural disasters by taking a few simple steps. Create a Backup Set of Records Electronically Taxpayers should keep a set…
Amended Returns
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An amended tax return generally allows you to file again to correct your filing status, your income or to add deductions or credits you may have missed. Here are some pointers about amending your federal income tax return. Use Form 1040X, Amended…
Beware of Tax Scams
by Oscar • • 0 Comments
You should be aware of tax scams. These scams are illegal and can lead to problems for taxpayers including significant penalties, interest and possible criminal prosecution. The schemes take several shapes, ranging from promises of large tax refunds to illegal ways…