10/10/2023
Hello to everyone we are here to drop some jewels off for the new upcoming season💎💎.
We also would like to thank all our supporters and customers for being patient with us as we continue preparing for all the seasons to come. We are committed to providing the best #1 service at GGG Tax Services, Ltd Co .
✔️Make sure your personal and dependent information is accurate and up to date. You will need your name, date of birth, Social Security number, home address, bank account number, and routing number for direct deposit of your refund. You will also need the same information for anyone you claim as a dependent.
✔️Gather all the documents that show your income and expenses for the year. These may include W-2s, 1099s, K-1s, alimony received, gambling winnings, etc. If you are self-employed, you will also need records of your business income and expenses.
✔️Maximize your contributions to retirement accounts, such as IRAs and 401(k)s. This can reduce your taxable income and help you save for the future.
✔️Consider bunching your deductions if you itemize. This means grouping together deductible expenses in one year to exceed the standard deduction amount. For example, you could prepay your property taxes or make extra charitable donations in one year and then take the standard deduction in the next year.
✔️Protect yourself from tax scams and fraud. Do not share your personal or financial information with anyone who contacts you by phone, email, or text claiming to be from the IRS. The IRS will only contact you by mail or in person. Also, use a secure network and software when filing your taxes online.
✔️Review your tax return before filing it. Make sure all the information is correct and complete. Check your math and spelling. Verify your filing status, exemptions, credits, and deductions. Sign and date your return.
✔️File your tax return on time or request an extension if you need more time. The deadline to file your federal tax return for 2021 is April 15, 2023. If you cannot file by then, you can request an automatic six-month extension by filing Form 4868. However, this does not extend the time to pay any taxes you owe. You should pay as much as you can by April 15 to avoid penalties and interest.
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