We will prepare your forms, check for accuracy, and file your tax return.
Need help filing taxes for both your federal tax AND state tax returns? We're here to search and find every available credit and deduction. We aim to maximize your tax refund and minimize your taxes.
We are the alternative to paying high fees to an accountant or muddling through tax software hoping it is correct. We are available not only through tax season, but throughout the year—even after tax season. So let us tackle your most pressing tax preparation issues.
Where's my Refund? Go to https://sa.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp
Get Your Tax Records https://www.irs.gov/individuals/get-transcript
Tax Withholding Estimator? https://www.irs.gov/individuals/tax-withholding-estimator
IRS Tax Payment Portal https://www.irs.gov/payments
California Tax Payment Portal https://www.ftb.ca.gov/pay/index.html?WT.ac=Home_Task_Payment
The 2024 changes in tax law Tax brackets were adjusted up 5.4% for inflation.
Standard Deduction rises. All taxpayers are entitled to the standard deduction unless they choose to itemize their deductions. The 2022 standard deductions for all filing statuses are as follows:
Single: $14,600
Head of Household: $21,900
Married Filing Jointly: $29,200
Married Filing Separately: $14,600
Retirement contribution limit for elective deferrals to 401(k), 403(b), most 457 plans and the federal government's Thrift Savings Plan increases to $23,000 for 2024. The total amount that can be contributed to a plan by you and your employer combined rises to $69,000 from $61,000 in 2022. However, the amount of the catch-up contribution for taxpayers aged 50 and older increases to $8,000. IRA limits remain unchanged at $7,000.
Earned income tax credit. The tax year 2023 maximum Earned Income Tax Credit amount is $7,830 for qualifying taxpayers who have three or more qualifying children.
Charitable contributions. In most cases, the amount of charitable cash contributions taxpayers can deduct on Schedule A as an itemized deduction is limited to a percentage (usually 60 percent) of the taxpayer’s adjusted gross income (AGI).
Child tax credit (CTC) Those who received $3,600 per dependent in 2021 for the Child Tax Credit will, if eligible, get $2,000 for the 2024 tax year. For the EITC, eligible taxpayers with no children who received roughly $1,500 in 2021 will now only get $500 in 2024. The Child and Dependent Care Credit returns to a maximum of $2,100 in 2022 in lieu of $8,000 in 2021.
Lifetime learning credit. The tuition and fees deduction was replaced with an expanded income limit for the lifetime learning credit. The credit is worth up to $2,000 per tax return and covers many of the same costs as the now obsolete deduction.
Flexible spending accounts. The Internal Revenue Service (IRS) has announced an increase in the Flexible Spending Account (FSA) contribution limits for the Health Care Flexible Spending Account (HCFSA) and the Limited Expense Health Care FSA (LEX HCFSA). For 2022, participants may contribute up to an annual maximum of $2,850 for a HCFSA or LEX HCFSA. This is an increase of $100 from the 2021 contribution limits.
The Dependent Care FSA (DCFSA) maximum annual contribution limit did not change for 2023. It remains at $5,000 per household or $2,500 if married, filing separately.
Protect your ID. Be suspicious.
Never give out your Social Security number and do not leave your credit card unattended. You should never give ID information to someone who calls you. Always use the password function on your phone and be aware of strange mail, making certain that you shred important documents. Your best defense to IRS ID theft is to use best practices to protect your information.
Consider an Identity Protection PIN.
Taxpayers who can verify their identity can get an Identity Protection PIN (IP PIN) from the IRS. The IP PIN is a six-digit code known only to you and the IRS that helps prevent identity thieves from filing fraudulent tax returns.
Check your credit reports.
Check to see if there is any suspicious activity on your accounts and on your credit reports prior to filing your taxes.
File early.
The sooner you file your tax return, the less likely a thief will beat you to your refund.
Our fees for preparing your returns will be based on the time required at our standard rates for such services. Payment is due upon delivery of your completed tax returns. Late charges may be added to past due amounts in accordance with state law.
When you submit your tax information to us, you acknowledge and agree to the following terms and conditions for our services. As always, your returns will be prepared from information you provide. We may ask for explanation or clarification of some items, but we will not audit or otherwise verify your data. You are responsible for the completeness and accuracy of information used to prepare your returns. Our responsibility is to prepare your returns in accordance with applicable tax laws.
Those laws impose penalties on you for substantial understatements of tax items in the return for which there is not substantial authority and failure to maintain records required by law. Federal regulations impose significant penalties on us if we are associated with a return that takes a position that has no realistic possibility of success if audited. Some items may require special disclosure to protect you and us from penalties. We will consult with you about any special disclosures we believe necessary.