Simply Yours Consulting

01/01/2024

6 days ago we celebrated Christmas!!! Now Tonight, we will be welcoming a New Year!!! I'm Not Taking Anything With Me Into 2024!!
If you owe me, don't worry about it!!!
If you wronged me, it's all good!!!
If you're beefing with me, you won!!!
If we aren't speaking, it's cool. Be safe and I still wish you well and many Blessings!!
If you’re talking about me, THANKS for the advertisement
If you don’t deal with me, continue not to
If you don’t like me, I don’t care
If you left me hanging, dont pick me up
If you feel I wronged you, I apologize!
In all things I forgive you!
Life is TOO SHORT for all this "extra" UNNECESSARY DRAMA! No one is promised tomorrow♥️
I'm focused on the future. Thanking God for where he brought me from and where he’s taking me to. I’m believing that 2024 will be really good to me and I’m going to be really good to it...living my life with God, Family and Friends! ❤️
🎉 Happy New Year to You All 🥳

12/23/2023

12/15/2023

As we wind up this tax year to prepare for the upcoming 2023 tax season, you can get ahead of the game for 2024:

1) Get Organized NOW
a. Set up your 2024 envelopes in your vehicles for your 2024 gas receipts and mileage logs (if you aren’t using an app to help to track your mileage);

b. Set up your files (DocBoxes are great) for items you report on your return (or hand to your tax preparer).

2) Stay Informed

Here’s to planning for your 2024 taxes, as the IRS has published their 2024 mileage rates…

IRS issues standard mileage rates for 2024; mileage rate increases to 67 cents a mile, up 1.5 cents from 2023

WASHINGTON — The Internal Revenue Service today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

67 cents per mile driven for business use, up 1.5 cents from 2023.
21 cents per mile driven for medical or moving purposes for qualified active-duty members of the Armed Forces, a decrease of 1 cent from 2023.
14 cents per mile driven in service of charitable organizations; the rate is set by statute and remains unchanged from 2023.
These rates apply to electric and hybrid-electric automobiles as well as gasoline and diesel-powered vehicles.

The standard mileage rate for business use is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based on the variable costs.

It is important to note that under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. Taxpayers also cannot claim a deduction for moving expenses, unless they are members of the Armed Forces on active duty moving under orders to a permanent change of station. For more details see Moving Expenses for Members of the Armed Forces.

Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.

Taxpayers can use the standard mileage rate but generally must opt to use it in the first year the car is available for business use. Then, in later years, they can choose either the standard mileage rate or actual expenses. Leased vehicles must use the standard mileage rate method for the entire lease period (including renewals) if the standard mileage rate is chosen.

Notice 2024-08 contains the optional 2024 standard mileage rates, as well as the maximum automobile cost used to calculate the allowance under a fixed and variable rate (FAVR) plan. In addition, the notice provides the maximum fair market value of employer-provided automobiles first made available to employees for personal use in calendar year 2024 for which employers may use the fleet-average valuation rule in or the vehicle cents-per-mile valuation rule.

11/07/2023

Your community needs your help, Mission Arlington/ Mission Metroplex still needs food for turkey baskets as well as volunteers.

https://5801b4.p3cdn1.secureserver.net/wp-content/uploads/Holiday-Needs-2023-1.pdf

02/26/2023

Self-Employed Information You Need to Understand

Note: The self-employment tax rules apply no matter how old you are and even if you are already receiving Social Security or Medicare.

What is Self-Employment Tax?
Self-employment tax is a tax consisting of Social Security and Medicare taxes primarily for individuals who work for themselves. It is similar to the Social Security and Medicare taxes withheld from the pay of most wage earners.

Employers calculate Social Security and Medicare taxes of most wage earners. However, you figure self-employment tax (SE tax) yourself using Schedule SE (Form 1040 or 1040-SR). Also, you can deduct the employer-equivalent portion of your SE tax in figuring your adjusted gross income. Wage earners cannot deduct Social Security and Medicare taxes.

Self-Employment Tax Rate

The self-employment tax rate is 15.3%. The rate consists of two parts: 12.4% for social security (old-age, survivors, and disability insurance) and 2.9% for Medicare (hospital insurance).

The Self-Employment Tax is a social security and Medicare tax for individuals who work for themselves.

02/26/2023

Don't forget to stop by for today's Open House from 1pm-4pm...

02/25/2023

I hope to see you this weekend at the open house…

Open House
Saturday, 2/25/2023, 11am-2pm
Sunday, 2/26/2023, 1pm-4pm

4904 Sierra Vista Court, Arlington, Texas 76017
MLS #: 20262808
3 bedrooms, 2 full bathrooms, 2 car garage
1984 build, 2,158 sf single story home with a pool
$424,900.00, survey included

Everyone loves extras…come see this great feature and tell me how you would use it…

02/24/2023

Come see me this weekend at the open house…

Open House
Saturday, 2/25/2023, 11am-2pm
Sunday, 2/26/2023, 1pm-4pm

4904 Sierra Vista Court, Arlington, Texas 76017
MLS #: 20262808
3 bedrooms, 2 full bathrooms, 2 car garage
1984 build, 2,158 sf single story home with a pool
$424,900.00, survey included

One of my favorite things about this house is the backyard layout:
Pool is on one side of the house, then the covered back porch, and the other side is open for endless possibilities like sandboxes and swing sets 🥰

02/23/2023

This great home went live today!

4904 Sierra Vista Court, Arlington, Texas 76017
MLS #: 20262808
3 bedrooms, 2 full bathrooms, 2 car garage
1984 build, 2,158 sf single story home with a pool
$424,900.00, survey included

Beautiful home in coveted location! This 3 bedroom, 2 bath South Arlington home is sure to take your breath away with its abundance of renovations and upgrades throughout. Located on the cul-de-sac in the Martin School District, this gem is in walking distance to the top ranked Wood Elementary school. Step inside to a large open floor plan with vaulted ceilings, numerous builtins, a wood burning fireplace and beautiful formal dining room. The classy and stylish kitchen offers all new stainless appliances and unique granite countertops. Owner's retreat features his and hers closets. There is even a double cedar closet in the garage... Ready to impress your friends? Invite them over to enjoy the pool and have a cocktail on the back patio complete with your own private bar! After a long day, enjoy relaxing under the rain fall shower before turning in for the night. If you are ready to check out your new home, give me a call today 817.291.6946!

Open House
Saturday, 2/25/2023, 11am-2pm
Sunday, 2/26/2023, 1pm-4pm

View this amazing property, images, and listing information.