Which records should you keep? You should keep information that you and the IRS need to determine your correct tax. Everyone should keep the following records. Copies of tax returns. Keep copies of your tax re- turns as part of your tax records. Your tax returns can help you prepare future returns and amended returns. […]
17
Feb
Feb
Don’t Panic! Here at Valentine CPA, we will provide you the best advice on what to do if, for whatever reason, you find you can’t pay your taxes. We are here to help. Below are some basic guidelines and methods to get your taxes paid while reducing any penalties and interest. We are happy to […]
02
Jan
Jan
Identity Theft and Your Taxes – Your identity and money can be stolen in a tax-related scam via email (“phishing”), fax, phone, or letters. Some recent examples of identity theft scams are: Refund scam – A bogus email, claiming to come from the IRS, tells you that you are eligible to receive a tax refund for […]
02
Jan
Jan
Qualified charitable organizations include non-profit groups that are religious, charitable, educational, scientific, or literary in purpose, or that work to prevent cruelty to children or animals. Examples of Qualified and Nonqualified Organizations Qualified Churches, mosques, temples, synagogues. Boy and Girl Scouts, Boys and Girls Clubs of America, Red Cross, Goodwill, Salvation Army, United Way. Fraternal […]