Our firm provides bookkeeping service for your business and sole proprietors.
We can set up Corporation, Partnership, Limited Liability Company and DBA, depending upon your specific needs. We will also get EIN number for your entity from IRS and apply for S corp status if necessary.
We provide billing services for your business.
List of Tax Documents You Should Bring to Your Tax Appointment
1. Property ID: Driver License, DMV/State ID, Military ID, Passport, Matricular Consular Card, SS cards of filer, spouse and dependents and birth dates.
2. W-2, 1099-Misc. Bring entire form. Bring to our attention if you have out of state or overseas earnings. 1099-Q if your business takes credit card payment from your clients.
3. Home mortgage interest, PMI insurance and property tax paid on Form 1098. Bring closing statement(HUD) if you bought, sold or refinanced properties in the tax year.
4. List and total your annual medical expenses and health insurance premium.
5. Child (under age 13) and disabled dependent care expenses. Need provider's name, address and SS or EIN number.
6. Dividends and interest eraned on 1099-DIV or 1099-INT.
7. Stock trades on Form 1099-B from brockage.
8.Alimony received or paid. SS number of recipient is needed.
9. Moving expenses(more than 50 miles away).
10. Traditional IRA and KEOGH and SEP IRA contribution.
11. IRA and 401K distribution reported on Form 1099-R.
12. College tuition and school books and supply expenses.
13. Self-employed: all reportable and 1099-Misc income. Need to bring in Profit/Loss Statement and Balance Sheet.
14. Rental property income and expenses.
15. Bring in HUD and 1099-S if you sold primary residence. If there is foreclosure or short sale, bring in Form 1099-C or 1099A.
16. Gambling and lottery winnings reported on Form 1099-G.
17. Unemployment compensation income on Form 1099-G.
18. Foster child. Court documents are required to properly claim child. Adopted child. Need court documents to claim adoption credit of $13,360 per child.
19. Social Security and Disability benefits earning on Form 1099-SSA and 1099-RRB.
20. Pension and retirement payments on Form 1099-R.
21. Cash charitable deduction requireds canceled checks or letter from the charity.
22. List all unreimbursed job expenses.
Scam Phone Calls Continue; IRS Identifies Five Easy Ways to Spot Suspicious Calls
The Internal Revenue Service issued a consumer alert providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the IRS.
These callers may demand money or may say you have a refund due and try to trick you into sharing private information. These con artists can sound convincing when they call. They may know a lot about you, and they usually alter the caller ID to make it look like the IRS is calling. They use fake names and bogus IRS identification badge numbers. If you don’t answer, they often leave an “urgent” callback request.
“These telephone scams are being seen in every part of the country, and we urge people not to be deceived by these threatening phone calls,” IRS Commissioner John Koskinen said. “We have formal processes in place for people with tax issues. The IRS respects taxpayer rights, and these angry, shake-down calls are not how we do business.”
The IRS reminds people that they can know pretty easily when a supposed IRS caller is a fake. Here are five things the scammers often do but the IRS will not do. Any one of these five things is a tell-tale sign of a scam. The IRS will never:
1. Call you about taxes you owe without first mailing you an official notice.
2. Demand that you pay taxes without giving you the opportunity to question or appeal the amount they say you owe.
3. Require you to use a specific payment method for your taxes, such as a prepaid debit card.
4. Ask for credit or debit card numbers over the phone.
5. Threaten to bring in local police or other law-enforcement groups to have you arrested for not paying.
If you get a phone call from someone claiming to be from the IRS and asking for money, here’s what you should do:
- If you know you owe taxes or think you might owe, call the IRS at 1.800.829.1040. The IRS workers can help you with a payment issue.
- If you know you don’t owe taxes or have no reason to believe that you do, report the incident to the Treasury Inspector General for Tax Administration (TIGTA) at 1.800.366.4484 or at www.tigta.gov.
- If you’ve been targeted by this scam, also contact the Federal Trade Commission and use their “FTC Complaint Assistant” at FTC.gov. Please add "IRS Telephone Scam" to the comments of your complaint.
Remember, too, the IRS does not use email, text messages or any social media to discuss your personal tax issue. For more information on reporting tax scams, go to www.irs.gov and type “scam” in the search box.