The IRS is giving away $1 billion! Yes, you read that correctly, one billion with a “b”. There is a catch, though, you must be one of the almost 1million taxpayers who have yet to file a 2008 income tax…
The IRS is giving away $1 billion! Yes, you read that correctly, one billion with a “b”. There is a catch, though, you must be one of the almost 1million taxpayers who have yet to file a 2008 income tax…
Now that Valentine’s Day has passed, it’s time to talk about an income tax situation that will make you love your tax professional almost as much as you love your significant other! At JFTS we get a lot of married…
Now that the IRS has finally instituted the Preparer Tax Identification Number(PTIN) requirements for paid preparers it is our duty to make sure that you know how to designate between the different professionals out there who prepare and file income…
After a long hiatus thanks to a busy tax season, we’re back with news you can use. Here at JFTS we believe that this year’s April 18th filing deadline is just the beginning and that there is still so much…
In the tough times that small businesses are going through today, many business owners are choosing to levy payments for goods and services by bartering. It’s important to recognize that the fair market value of the goods or services provided…
Missing a W-2? Here is what you do! In order to file your 2010 tax return, you need to have all of your financial and tax documents including all your W-2 employment forms. You should receive Wage and Tax Statement,…
According to the US Tax Laws, generally, most of your income is considered taxable but in some situations, certain types of income can be either only partially taxable or not at all taxable. In order to help you understand the…
There are several reasons to request previous year’s tax information. One of which is for purchasing a home or making any other substantial purchase. Another is if you are delinquent in filing your tax returns or just want to amend…
If you had a heart condition, would you go to your primary care doctor or a cardiologist? Easy question, huh? They why when it comes to taxes, do most people say “I’ve got an accountant who handles that.” What does…
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Claiming Tax Back! Are You Eligible For the $1 Billion IRS Giveaway? | The IRS is giving away $1 ...Read More
Why Married Filing Separately Is Like Committing Income Tax Suicide and Our Solution For You | Now that Valentine's Day has passed, ...Read More