As a licensed accountant, I am equipped with the knowledge and experience necessary to make sure you pay only the necessary tax. IRS authorized: I am an E-file provider authorized to participate in the IRS E-File program. I am also approved by the Illinois Department of Revenue to file electronic corporate and individual tax returns at the state level.
I maintain a balance of continuing education to stay on top of the rapidly changing tax and reporting laws. I know the questions to ask you - without the concern that you have missed something a program has not been designed for. QuickBooks Approved: As an advisor for Intuit, I am equipped with the knowledge and research ability to make your bookkeeping headaches disappear.
Whether it be for your business or personal household finances, it is always nice to know your exact net worth!
I maintain a balance of continuing education to stay on top of the rapidly changing tax and reporting laws. I know the questions to ask you - without the concern that you have missed something a program has not been designed for. QuickBooks Approved: As an advisor for Intuit, I am equipped with the knowledge and research ability to make your bookkeeping headaches disappear.
Whether it be for your business or personal household finances, it is always nice to know your exact net worth!
Services
The standard deduction for single filers increases to $12,000, $24,000 for Married Filing Jointly (MFJ), $12000 for Married Filing Separately (MFS), and $18,000 for Head of Household (HH).
2. Personal Exemptions of $4,050 per taxpayer and dependent no longer exist.
An example of the change is such: A household of 2 using the standard deduction in 2017 would have a total income deduction of $20,800 including exemptions.
In 2018 the same household would have an income deduction of $24,000.
However, for a family of 4 in 2017 using the standard deduction the total income deduction would be $28,900.
2. Personal Exemptions of $4,050 per taxpayer and dependent no longer exist.
An example of the change is such: A household of 2 using the standard deduction in 2017 would have a total income deduction of $20,800 including exemptions.
In 2018 the same household would have an income deduction of $24,000.
However, for a family of 4 in 2017 using the standard deduction the total income deduction would be $28,900.
This new tax law allows taxpayers, which is in effect for the first time in 2018, allows owners of sole proprietorships, partnerships, trusts, and S corporations to deduct 20% of their qualified business income (QBI).
I have defined and given some examples for those of you who would like to know more about this new law and try to wrangle with the calculations.
Know that we have spent numerous hours in class this year making sure we can do our best to capture the most from this new law for your benefit.
I have defined and given some examples for those of you who would like to know more about this new law and try to wrangle with the calculations.
Know that we have spent numerous hours in class this year making sure we can do our best to capture the most from this new law for your benefit.
Do you own a business?
I have a great deal of experience in Financial Reporting and Payroll Tax Reconciliations.
Making sure that each of my clients reports the correct figures to the proper reporting organization the very first time.
Incorporating and registering your business with the proper institutions to take advantage of tax savings and liability protection.
Efficiency and profitability: I will help your business to be efficient and profitable through tax planning, retirement savings, and proper spending.
I have a great deal of experience in Financial Reporting and Payroll Tax Reconciliations.
Making sure that each of my clients reports the correct figures to the proper reporting organization the very first time.
Incorporating and registering your business with the proper institutions to take advantage of tax savings and liability protection.
Efficiency and profitability: I will help your business to be efficient and profitable through tax planning, retirement savings, and proper spending.
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