EGM Business and Home Solutions

10/30/2024

Remote Online Notarization
EGM Business and Home Solutions LLC
(239) 257-23

*Se habla español!

www.EGMBusinessSolutions.com

10/17/2024

It has taken me some time to post our thoughts and feelings regarding the loss of Yeidynet Torres. She was not just an employee at EGM, she was also a friend. She was family.
You see when you work with someone day in and day out, you spend more time with them as a person than you actually do with your family and close friends. We are talking about 8 hours a day, 5 days a week.
Yeidynet Torres was an amazing individual. She was smart, funny, caring, thoughtful, selfless, but most importantly a God fearing young woman. She loved GOD.
We have loss BIG here on earth but heaven has gained even BIGGER.
Our thoughts and hopes are that her parents and family are able to say farewell to her in a way that she deserved.
As the day approaches for us to be able to Celebrate her life, we exhort all those than can give, to be able to extend a monetary gift to help her family reach their financial goal to cover the funeral and burial expenses. I know that any help would be GREATLY appreciated.
A great void has been left in our hearts but we find some comfort in knowing that she is with our Abba Father.

Nuestra familia acaba de pasar un momento duro e inesperado con la pérdida … Jiovanny Ayala needs your support for Help Yeidynet's Family Through This Tragedy

10/14/2024

https://gofund.me/784d8f19

Nuestra familia acaba de pasar un momento duro e inesperado con la pérdida … Jiovanny Ayala needs your support for Help Yeidynet's Family Through This Tragedy

10/03/2024

ATTENTION!!!!

If you filed for an Extension to File 4868 - Extension for U.S. Individual Tax Return - for your 2023 Federal Tax Return - you HAD until October 15th to file your return.

HOWEVER, due to Hurricane Helene, if you are in any of the following counties...Alachua, Bay, Bradford, Calhoun, Charlotte, Citrus, Collier, Columbia, Dixie, Escambia, Franklin, Gadsden, Gilchrist, Gulf, Hamilton, Hernando, Hillsborough, Holmes, Jackson, Jefferson, Lafayette, Lee, Leon, Levy, Liberty, Madison, Manatee, Marion, Monroe, Okaloosa, Pasco, Pinellas, Santa Rosa, Sarasota, Sumter, Suwannee, Taylor, Union, Wakulla, Walton, and Washington counties YOU NOT HAVE UNTIL MAY 1, 2025 to file your 2023 Federal Tax Return.

https://www.irs.gov/newsroom/irs-announces-tax-relief-for-victims-of-hurricane-helene-various-deadlines-postponed-to-may-1-2025

09/03/2024

Reminder: September is National Preparedness Month; taxpayers should prepare for natural disasters.

https://www.irs.gov/newsroom/reminder-september-is-national-preparedness-month-taxpayers-should-prepare-for-natural-disasters

08/30/2024

Happy Labor Day Weekend to ALL!!

Counting down the hours until the weekend begins!!!!

08/22/2024

The bottom line
Ultimately, you are responsible for what you declare on your tax returns — no matter who completes them. To put it another way, you will be held liable for a fraudulent return submitted under your name, even if you were unaware of the fraud.

That’s why working with an ethical, experienced tax preparer is paramount.

Trust your instincts. If something feels off, do not hesitate to conduct further scrutiny or simply back away before it’s too late. Your sensitive personal and financial data deserves nothing less than the utmost confidence when entrusting it to a tax preparation service.

As experienced professionals, our team at EGM Business and Home Solution stands ready to offer customized guidance based on your unique tax circumstances and to ensure full compliance, maximize legitimate deductions, and uncover every non-shady opportunity to save.

08/22/2024

While I was walking out of Publix the other day, I came across a young lady selling wooden crosses, bracelets, necklaces, wall plaques etc.

As I never shy out of the opportunity to help causes, I stopped and started talking to this lady and she started telling me about Saving Grace Women's Home. She told be about their purpose and what they do to help abused women and women with addictions. Needless to say I was moved. She was selling the most amazing Christ-based products for donations only. I did my part that day to contribute but I don't want it to stop there. We can all do more to help others. I am sharing the link to their page along with the link to their craft shop. Anything you can do to help I know will go a long way.

Saving Grace Women's Home provides women with an effective and comprehensive Christian faith-based solution to life-controlling problems helping them through abuse and addictions.

They have an amazing craft shop. The purpose of The Craft Shop is to give others an opportunity to support Project Hope and Saving Grace Recovery while also shopping for products they can enjoy! All of the Woodwork is made by the men and women of Project Hope and Saving Grace.

Check it out:

https://phcraftshop.com/collections

https://savinggracewh.com/

Welcome to Saving Grace Women’s Home 12 month inpatient recovery center that helps women who are struggling with addiction and other life-controlling issues. Our aim is to provide individuals a faith-based environment that introduces Christ into the recovery process. Learn More

08/22/2024

For Businesses
This includes partnerships (including LLCs), C Corps (Form 1120), and S Corps (Form 1120S).

September 16, 2024: Deadline for extended partnership and S-corporation returns.

Partnerships (including multi-member LLCs) and S-Corps typically have filing deadlines of March 15, unless they operate on a fiscal year. Using Form 7004, a six-month extension to September 15 (or five months after the original deadline) can be requested.

08/19/2024

Business Tax Account now gives many business taxpayers new options for making payments easier; available in both English, Spanish; more features coming soon
The Internal Revenue Service is continuing to expand the features within Business Tax Account (BTA), an online self-service tool for business taxpayers that now allows them to view and make balance-due payments.
Launched last fall, BTA is a key part of the agency’s service improvement initiative funded under the Inflation Reduction Act (IRA). When fully developed, BTA will allow many types of business taxpayers to check their tax history, make payments, view notices, authorize powers of attorney and conduct other business with the IRS.
With the latest expansion, an eligible business taxpayer can now use BTA to pay Federal Tax Deposits (FTDs) and see and make a payment on their full balance due – all in one place. The account is also now accessible in Spanish with more translations planned.
BTA is a key part of the agency’s ongoing work to transform and modernize service at the IRS by offering a seamless and convenient digital experience. It’s also an important part of a wide-ranging initiative to reduce paper-based processes that hamper the IRS and frustrate taxpayers.

https://www.irs.gov/businesses/business-tax-account

08/19/2024

Just because people are part of your life for only a season doesn't mean that they are insignificant. The people that come into your life even for a season play a key part in your life. Remember not all those that are with you in your season of sowing will not necessarily be with you in your season of reaping but play a key part in your sowing process.

08/13/2024

Question:
What are the legal consequences for filing a frivolous return? (added July 8, 2024)

Answer:
1. Penalties
Claims and filings that are based upon a position identified as frivolous by the IRS -or- reflect a desire to delay or impede tax administration are subject to the Internal Revenue Code (IRC) 6702(a) penalty. This penalty is $5,000 for each return (or copy of return) claiming an improper credit as defined above. The penalty is assessed against each spouse on a married filing joint return. (Notice 2010-33)

2. Compliance audit
Uncorrected frivolous claims may be subject to a compliance audit. Taxpayers may be contacted by an Examination Function and asked to provide documentation related to the claim. The taxpayer will be required to verify eligibility for the credit under the law.

3. Criminal prosecution
Individuals or preparers who knowingly file false income tax returns may face fines and be subject to criminal prosecution and imprisonment.