Taxman of Shelton LLC

01/13/2025

01/08/2025

The IRS may not be officially accepting returns yet, but here at TAXMAN of Shelton we can still compile and submit your return. That way once e-filing opens, your return is one of the first into the queue.

01/02/2025

We're now in the office Monday through Saturday until April 15th!

12/09/2024

Taxman of Shelton is back in the office FIVE days a week for all of your tax planning and pre-tax season needs!

Monday-Friday from 9am-6pm!
360-426-4321

02/01/2024

Unusual but True: Did you know the IRS requires that you report income from illegal activities?

Yes, you read that right! Whether it's money from smuggling pineapples or participating in less savory ventures, the IRS requires you to report ALL income, regardless of its legality.

Now, we're not encouraging any unlawful activities, but it's a quirky reminder that TAXMAN doesn't discriminate. Honesty is the best policy, even in the tax world!

01/29/2024

The IRS has officially opened federal e-filing!

01/25/2024

A filing deadline is fast approaching – don't let it sneak up on you!

Attention all employers: The deadline to distribute W-2's and 1099's is January 31st.

Need help with your W-2's or have questions about the filing process? TAXMAN of Shelton has got you covered! Our team is here to assist you every step of the way. Let's make this tax season a breeze together!

01/22/2024

Fun Tax Fact: The Window Tax of 1696!

Back in 1696, a rather peculiar tax was introduced in England - the Window Tax! Let's dive into this fascinating piece of tax history:

Taxing Sunshine: The Window Tax was a tax on the number of windows in a house. The more windows you had, the more you paid. It was a unique attempt to tax the wealthy based on the assumption that more windows meant a grander and more valuable property.

The "Daylight Robbery" Tax: As you can imagine, people weren't thrilled about paying for their view and natural light. Some homeowners bricked up their windows to reduce their tax liability, giving rise to the term "Daylight Robbery."

A Taxing Decision: The Window Tax had its quirks- For instance, properties with fewer than ten windows were exempt, and some rooms with specific functions, like kitchens, were taxed differently.

Doors vs. Windows: Interestingly, the tax didn't apply to doors. So, if you wanted to save on taxes, you might have opted for a property with more doors and fewer windows.

The End of an Era: The Window Tax lasted for over 150 years but was eventually repealed in 1851. The tax was criticized for its unfairness and its impact on public health due to the bricking up of windows.

Share this quirky tax history with your friends and let us know if you've ever heard of other unusual taxes!

01/18/2024

Tick-Tock Tax Time! Did you know that the typical American spends an average of 13 hours filing their taxes each year? That's an outrageous time commitment!!
At TAXMAN of Shelton, our average appointment doesn’t last longer than 20 minutes
Ready to reclaim those precious hours and make your tax season a breeze? Let's tackle your taxes together!

01/12/2024

Are you considering tackling taxes on your own this year?
The U.S. tax code is like a maze of regulations and complexities, and navigating it can feel like an epic quest. From deductions to credits, it's a labyrinth of financial rules. But with over 70,000 pages of tax code that have been changed over 5,900 times since 2001, roughly 2,600 various tax forms, and your hard earned money on the line, are you sure you’re willing to risk it on your own?

01/08/2024

🎉 Happy New Year! 🎉 As we welcome 2024, let's start the year on the right financial foot! Did you know that strategic tax planning can make a significant difference in your financial success?

Here are a few tax tips to kick off the year:

Organize Your Documents: As your tax statements come in the mail, we recommend keeping them all in one place. This can save you time and stress when it's time to file your tax return.

Review Your Large Expenses: Take a look at your 2023 expenses and see if there are any large items that may qualify for tax deductions. Keep track of receipts and documents for these potential deductions in 2024.

Consider Retirement Contributions: Contributing the maximum allowed to your retirement accounts not only helps secure your financial future, but can also offer valuable tax advantages.

Stay Informed: Tax laws can change, so staying informed is crucial. Follow reliable sources for updates and reach out to TAXMAN of Shelton if you ever have questions. The preparers at TAXMAN average 24 hours of continuing education each year to stay up to date on the US tax changes!

Remember, proper tax planning is key to optimizing your financial situation. Cheers to a financially savvy and prosperous new year!