F & S Tax Service- LaShaun Childs

11/28/2024

TAX PREPARATION FEES FOR 2024-2025 TAX SEASON

• Regular W-2 Filing: Starting at $300 and up

• Schedule C (Self-Employed/Freelancers): Starting at $500 plus additional forms and fees

• Additional Forms: Starting at $65

• S Corporations: Minimum fee starts at $1,200 and up (depending on complexity)

• Senior Discount: $119 off your tax preparation fee (for taxpayers age 65 and older)

• College Student Discount: $119 off for basic forms (1098-T). Must provide student ID

• Additional Forms for College Students: $70 per form

• Bank Fees: (To be announced soon)

Let us help you navigate the 2024-2025 tax season with ease and accuracy. Reach out today for a personalized consultation!

11/28/2024

Question: My client attended college in 2024 but couldn’t get a Form 1098-T from the school. Can they still claim the American Opportunity Tax Credit (AOTC)?

✅ Answer: Yes! Your client can still claim the AOTC (if they meet all eligibility requirements) as long as they:

• Requested the Form 1098-T from the college after January 31, 2025 and cooperated with the institution to get the necessary information.

• Keep documentation of their communication with the college requesting the form.

Best Practices for Tax Preparers:
1️⃣ Verify your client’s enrollment at an eligible educational institution.
2️⃣ Confirm payment of qualified educational expenses during the year.
3️⃣ Record all additional questions you ask and document their answers during the interview.
4️⃣ Encourage your client to keep copies of all supporting documents in case of an IRS audit.

Pro Tip: By advising your clients to keep thorough documentation, you’ll not only help them secure the credit but also strengthen their position if they’re ever audited. This extra effort shows your expertise and dedication as a trusted tax preparer!

11/10/2024

ARE YOU LOOKING TO BECOME A TAX PREPARER?
Are you looking for a career with no overhead cost?
Do you want to work from the comfort of your home and make a difference in people's lives?
if so, this is the career for you. We are looking for tax preparers to join our team. You can work from home, which means no more commuting or sitting in traffic. There is also no overhead cost. All we need is for you to finish the Tax Academy that we offer for FREE. After that, get your certificate!
In addition, we will provide free training on how to use our software to prepare tax return as well as free support over phone and email if you ever need help.
If that sounds like something you'd be interested , then you can register with this link

Explore the F and S Tax Service website for a comprehensive array of resources and support to kickstart your virtual tax business. From tax expertise to free training, marketing materials, and more, our website is your gateway to success in the tax preparation industry. Join us and discover a wealth...

10/20/2024

Want to work from home and build a rewarding career?

Partnering with us is your ticket to financial success! We provide the tools, expert training, and support you need to create a thriving career—all from the comfort of home. Take control of your future and join us on the path to success!

10/07/2024

START YOUR OWN VIRTUAL TAX BUSINESS TODAY!
And get a chance to earn to 6 figures in just a few months!

With lots of features that can help you kickstart your tax business and you can have it for FREE! Yes, you can start your own Virtual Tax Business -- ABSOLUTELY FREE.

So, what are you waiting for?

Register Today!
https://register.fandstaxservice.com

09/21/2024

👀 Looking For Tax Preparers. No Experience Needed. Will Provide FREE Software And Training. Make Up To A Years Salary in 90 Days 💵💰

04/12/2024

LaShaun Childs
1. What's the most confusing thing about filing your taxes, and how do you handle it?

2. Do you prefer to file your taxes online or in-person? Why?

3. How do you keep track of your tax documents and receipts throughout the year?

4. Have you ever gotten a surprise tax bill? How did you handle it?

5. Are there any tax deductions or credits you always make sure to take advantage of?

6. How has the pandemic affected your taxes this year?

7. What advice would you give to someone filing their taxes for the first time?

8. Have you ever used a tax preparation service? How was your experience?

9. What's the biggest tax mistake you've ever made, and how did you fix it?

10. Do you think the tax system needs to be reformed? If so, how?

03/31/2024

Ever wondered why a Preparer Tax Identification Number (PTIN) is crucial for tax pros? 🤔 Let me break it down for you! 📝 A PTIN is like a badge of trust in the tax world. It's not just a random number; it's a mark of accountability and integrity. 💪 When tax professionals obtain a PTIN, they're not just filling out forms; they're committing to a standard of excellence.

Why is this number so important? Well, think of it as a safety net for taxpayers. By requiring tax pros to register for a PTIN, the IRS ensures that they're legit and capable. 🛡️ This means undergoing background checks and pledging to uphold ethical standards. It's like a quality seal for your tax guy or gal!

Imagine handing over your financial details to someone you can't trust. 😬 Scary, right? That's why PTINs matter. They offer peace of mind by verifying that your tax preparer is the real deal.

Fraud, errors, misconduct – these are nightmares for taxpayers. But with PTINs in place, the risks are minimized. 🚫🕵️‍♂️ You can breathe easy knowing that your tax pro meets the IRS's standards for competency and ethics. It's like having a guardian angel for your taxes! So, next time you're seeking a tax preparer, look for that PTIN. It's not just a number; it's a symbol of trustworthiness and professionalism. ✨

02/21/2024

The IRS NOT Playing.

They Snatching All Debt... PPP, UNEMPLOYMENT, STATE, CHILD SUPPORT, IRS DEBT, ETC. I'm so glad I do detailed interviews and check transcripts, to safeguard myself 🙌🏾

02/16/2024