WELCOME! NEW CLIENTS
Preparing for your first appointment
Bring your last two years’ tax returns to your appointment, if available.
A deposit is required with your first visit. Deposit details will be shared at the time you confirm your appointment.
2024 ELECTRONIC FILING DETAILS
Dates to Remember
The Internal Revenue Service announced that the nation's tax season will start on Monday, January 27, 2025, when the tax agency will begin accepting and processing 2021 tax year returns.
The filing deadline to submit 2021 tax returns or an extension to file and pay tax owed is Tuesday, April 15, 2025, for most taxpayers.
NOTABLE 2024 DEDUCTIONS
Cryptocurrency Sales
Taxpayers are required to report sales of cryptocurrencies (i.e., Bitcoin, Ethereum, etc.) on their tax return.
IRA Deductions
The IRA deduction for 2024 is $7,000 (under the age of 50) and $8,000 (aged 50 and over). The RMD (required minimum distribution) age is 73.
Standard Deduction
The standard deduction increased to $13,850 Single, $27,700 Married and
$20,800 Head of Household.
Retirement Plan Loophole
The single greatest tax “loophole” available to most employed taxpayers is contributing the maximum allowable amount of earned income to an employer-sponsored retirement plan, such as a 401(k) or 403(b). For individuals under the age of 50, the maximum annual contribution is $23,500. Taxpayers aged 50 and older can take advantage of additional “catch-up” contributions, allowing them to contribute up to $7,500 more annually.
Required Filing Documents
- W-2 form(s) & unemployment compensation
- 1099 form (s) | retirement, interest, dividend and brokers
- Mortgage statements
- 1098 form(s)
- 1095 health insurance form(s)
- Any other official IRS documents
OFFICE HOURS
Monday | 2:00 pm – 7:30 pm
Tuesday | 2:00 pm – 7:30 pm
Wednesday | 12:00 pm – 7:30 pm
Thursday | 2:00 pm – 7:30 pm
Friday | 2:00 pm – 7:30 pm
Saturday | 11:00 am – 6:30 pm
Sunday | Closed