I-Smart Taxes

01/04/2024

Join our free Ask an Accountant Group for any help you need with tax questions or finding the best accountant for your situation. Link is in the comments.

🚨⚠️ SCAM ALERT ⚠️🚨
I've received increased reports of scammers disguising themselves as accountants and tax professionals. Share these tips to ensure the accountant is a real accountant:

✅️ Try to get a referral from a friend, family, fellow business owner, or your local town group.

⚠️ Use Discretion when Googling "Accountants Near Me" or hiring off Social Media.

✅️ Request an in-person meeting or consultation.

⚠️ Use Discretion if they do not allow in person meetings, even if you offer to travel.

✅️ Search for a long term Online Presence, reviews, and history of their business.

⚠️ Use Discretion if their social media/websites were just recently established a week or a month ago.

✅️ Ask about their onboarding process requirements.

⚠️ Use Discretion if you're a new client and they ask for immediate payment or deposits, without an onboarding process/engagement letter.

✅️ Test: Ask them an accounting question you already know the answer to ("What is the maximum number of dependents I can receive a Child Tax Credit for?" Etc).

⚠️ Use Discretion and be weary of "too good to be true" promises, such as large refund promises, or promises to eliminate tax bills from your tax return.

✅️ Join our free Ask an Accountant Group for any help you may need with tax questions or finding the best accountant for your situation 💜:
Facebook.com/groups/taxlawspecialist

07/12/2023

Congratulations young man!!! 💪

On his way to law school, Jimmy Chilimigras broke an eight-year record by becoming the youngest student ever to pass the CPA exam.

02/14/2023

The official Valentine's Day launch of our new Business Operations Strategy CFO firm, because, you guys are our someone-special!! 💜😍
Give us a follow! This will assume I-Smart Taxes. We will still have tax services available, under BOS Taxes branch.

Happy Valentine's Day.
We love helping your company succeed. 💜

10/22/2022

Tyler Perry fired his whole team of accountants after an audit that went on for three years revealed the IRS allegedly owed him $9 million.

10/17/2022

IRS has come so far over the years! If you set up an online account to view your transcripts, this video does a great job of listing the IRS processing codes! Remember, code 420 respresents a real audit. Minor tax return issues are NOT audits!

On today’s IRS Tax Refund Update as we continue to track the latest with those ongoing tax refund delays, we do have an update from the IRS on where things c...

10/15/2022

A new study shows dramatic regional differences in who gets audited. The hardest hit? Poor workers across the country.

10/03/2022

Tax Reduction of the Week!
😯 $35,443 😯
Eradicated from a business tax bill by iSmart!

09/10/2022

An IRS reminder that the cost and care of a guide dog aiding a person with a physical disability can generally be included when figuring a deduction for medical expenses. September is – to learn more click here: www.irs.gov/pub907

09/10/2022

This is a reminder that the Partnership/S-Corp final federal deadline is this Thursday if your fiscal year ended 12/31/21.

09/05/2022

Congrats to our Business Tax Reduction of the week!
🥳 $6,894 🥳
saved using proactive Business Credit Strategy