Financial Freedom Tax

Financial Freedom Tax Financial Literacy & Group Economics
Virtual Tax Office

Keep your money in your pocket, pay nothing upfront

HOLA , LA TEMPORADA ESTA AQUI 💸💳💸PERSONALES Y DE NEGOCIO 👩🏽👶🏽 👩🏽‍💻👷🏽SI TRABAJAS POR TU PROPIA CUENTA TE PUEDO AYUDAR T...
02/08/2022

HOLA , LA TEMPORADA ESTA AQUI 💸💳💸

PERSONALES Y DE NEGOCIO 👩🏽👶🏽 👩🏽‍💻👷🏽

SI TRABAJAS POR TU PROPIA CUENTA TE PUEDO AYUDAR TAMBIEN 👨🏽‍🏭🧑🏽‍🔧

SERVICIOS EN PERSONA Y 100% EN LINEA 💻📱

OFFICINA EN HIGH POINT, NC

www.financialfreedomtax.com

02/01/2022

Let’s talk about TAX PREPARER RED FLAGS 🚩

If you hear any of these, I would rethink if I were you. Using my creativity to educate on simple facts like these because not everyone cares about you it’s best to recognize what techniques aren’t ethical.

Never use a paystub, it is not accurate and should always use a W2

Your preparer should never make up any numbers for you. Both of you will end up serving some time when caught.

And final and favorite ; you should always be able to to contact your preparer. Always.

12/04/2021

In 2020 the meal business deduction was 50%

Businesses can temporarily deduct 100% beginning January 1, 2021, through December 31, 2022. Businesses can claim 100% of their food or beverage expenses paid to restaurants as long as :

The business owner or employee is present.

The cost of the meal or beverages isn't "lavish or extravagant," under any circumstances.

The meal is with a business contact (like a customer, employee, vendor, or consultant).

The meal has an "ordinary and necessary" business purpose.

04/30/2021

This is a very easy, quick way to break down your deductions while going through your bank statements.

There are multiple deduction categories, however it does not mean you qualify for each and/or all.

Make sure to keep track of your receipts, books in order and not only have paper work but transfer your data and save it.

Ps: Many tax papers believe they can take both mileage and expense costs for their vehicles but you can only take one and you should track down both mileage and expenses to see which is the best option for you.

Hope this helped

Even though the deadline to file was pushed back it does not mean time isn’t passing by. Take care of it today and by th...
03/19/2021

Even though the deadline to file was pushed back it does not mean time isn’t passing by. Take care of it today and by that we mean, let us take care of it for you and save you a headache.

#1099

In case you didn’t know Guidance will be provided on the coming days
03/18/2021

In case you didn’t know

Guidance will be provided on the coming days

03/13/2021

I meant to say $2800 guys not $2400 but read the description for verification

What should you expect and do as a Tax Payer who qualifies for this 3rd stimulus round.

Size of the check will shrink if you made over the AGI for your filing status , here’s what you need to look for.

Single taxpayer : $1,400
$75,000 or less for income
$80,000 being the cut off amount

Married couple (MFJ) : $2,800
$150,000 or less of income
$160,000 being the cut off amount

Dependent : $1,400

Some of the top credits my clients are benefiting : refundable and non-refundable credits. Do not leave money on the tab...
02/15/2021

Some of the top credits my clients are benefiting : refundable and non-refundable credits.

Do not leave money on the table, your money!

Whether one gets you a tax refund or the other credit will reduce your tax liability, don’t miss out on what’s rightfully yours 💴

☎️336.858.812☎️336.682.0728
02/03/2021

☎️336.858.812
☎️336.682.0728

☎️336.858.8126☎️336.682.0738
02/03/2021

☎️336.858.8126
☎️336.682.0738

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High Point, NC

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