Haines, Greene, and Yowell Tax Service

Haines, Greene, and Yowell Tax Service Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Haines, Greene, and Yowell Tax Service, Accountant, 223 Sunnyside Plaza, Winchester, VA.

09/17/2023

We now have a NEW LOCATION at 223 Sunnyside Plaza Wi******er, VA 22603.

Hours until tax season are Monday through Thursday 9-5 and Friday 9-12.

Our phone number remains the same, but Verizon is in transition between locations. We expect to be back online this week (9/18/23) at the new location with our standard phones.

01/04/2022

Taxpayers can visit IRS.gov anytime for answers to tax questions
As people get ready to file their 2021 tax return, the IRS reminds taxpayers they can find answers to their tax questions from the comfort of home using IRS online tools and resources. These IRS.gov tools are easy to use and available anytime.

• Choosing a preparer. The IRS has several options for finding a tax preparer. One resource is Choosing a Tax Professional, which offers a wealth of information for selecting a tax professional. The Directory of Federal Tax Return Preparers with Credentials and Select Qualifications can help taxpayers find preparers in their area who currently hold professional credentials recognized by the IRS or who have an Annual Filing Season Program Record of Completion.

• Interactive tax assistant. This tool has answers a variety of tax questions. It can also help a taxpayer determine if a type of income is taxable. Many people experienced changes to income and other life events in 2021. This tool can help them find tax credits and deductions.
Taxpayers may qualify for the child tax credit and child and dependent care credit. Those who are not eligible for the child tax credit might be able to claim the credit for other dependents. Individuals paying higher education costs for themselves, a spouse or a dependent, may be eligible to save some money with education tax credits or deductions. Additionally, low-to moderate-income taxpayers may qualify for the earned income tax credit.

• Getting banked and setting up direct deposit. Direct deposit gives taxpayers access to their refund faster than a paper check. Those without a bank account can learn how to open an account at an FDIC-insured bank or through the National Credit Union Locator tool. Veterans should see the Veterans Benefits Banking Program for access to financial services at participating banks.

• Setting up or reviewing IRS Online Account The IRS encourages taxpayers who have not set up an Online Account yet should do so soon. People who have already set up an Online Account should make sure they can still log in successfully. Taxpayers can use Online Account to securely access the latest available information about their federal tax account.

• Paying a tax bill. The IRS offers several ways for taxpayers to pay their taxes including online, by phone or through the IRS2Go app. Direct Pay is free and a safe way to pay taxes or estimated tax directly from a checking or savings account. Direct Pay has five simple steps to pay in a single online session and is also available with the IRS2Go mobile app.

02/08/2021

We are still taking appointments this year they will just be via phone as opposed to in person. Feel free to contact us to schedule your appointment. As always drop offs are always welcome and we offer a drop box for your documents as well. We can reached at 540-662-1530.

03/29/2020

Small Business Owners - Immediate Financing Opportunity Due to COVID-19 Impact

The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of COVID-19. Offering up to $2 million in assistance, the loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue.

03/29/2020

Due to unprecedented circumstances surrounding COVID-19, Haines, Greene, and Yowell Tax Service is taking the necessary steps to adhere to the CDC's recommendation of social distancing.
We are currently only accepting drop-offs of information. We have provided a drop off box outside of the lower office for your convenience. Please place ALL tax documents in an envelope. On the outside of the envelope please put your name and contact information. If you had an appointment scheduled please put the date and time of your appointment on the outside of the envelope.
Additionally, you may send your information via USPS, UPS, or Fed Ex.
Please contact the office should you have any questions (540) 662-1530.
We appreciate our clients and everyone's cooperation in this difficult time.

11/27/2019

Four common tax errors that can be costly for small businesses

A small business owner often wears many different hats. They might have to wear their boss hat one day, and the employee hat the next. When tax season comes around, it might be their tax hat.

They may think of doing their taxes as just another item to quickly cross off their to-do list. However, this approach could leave taxpayers open to mistakes when filing and paying taxes.

Accidentally failing to comply with tax laws, violating tax codes, or filling out forms incorrectly can leave taxpayers and their businesses open to possible penalties. The IRS encourages small businesses to explore using a reputable tax preparer – including certified public accountants, Enrolled Agents or other knowledgeable tax professionals – to help with their tax situation. Filing electronically can also help avoid common errors.

Being aware of common mistakes can also help tame the stress of tax time. Here are a few mistakes small business owners should avoid:

Underpaying estimated taxes
Business owners should generally make estimated tax payments if they expect to owe tax of $1,000 or more when their return is filed. If they don’t pay enough tax through withholding and estimated tax payments, they may be charged a penalty.

Depositing employment taxes
Business owners with employees are expected to deposit taxes they withhold, plus the employer’s share of those taxes, through electronic fund transfers. If those taxes are not deposited correctly and on time, the business owner may be charged a penalty.

Filing late
Just like individual returns, business tax returns must be filed in a timely manner. To avoid late filing penalties, taxpayers should be aware of all tax requirements for their type of business the filing deadlines.

Not separating business and personal expenses
It can be tempting to use one credit card for all expenses especially if the business is a sole proprietorship. Doing so can make it very hard to tell legitimate business expenses from personal ones. This could cause errors when claiming deductions and become a problem if the taxpayer or their business is ever audited.

12/24/2018

SOME YEAR END TAX TIPS

• Taxpayers have until Dec. 31 to max out their 401(k) to $18,500 (or $24,500 for those 50 and over) and reduce their taxable income.
• If they are self-employed, they can contribute up to $55,000 into a SEP IRA for 2018.
• They have until the tax filing deadline to contribute up to $5,500 to their IRA ($6,500 for those 50 and over) and get a tax deduction for their contribution.
• They may even get a Saver’s Credit of up to $1,000 ($2,000 for those who are married filing jointly) for contributing to their retirement.

• Sell loser investments to offset gains

• Taxpayers can supercharge the tax benefits of their generosity by donating appreciated stock or property, rather than cash.
• If they have owned the asset for more than one year, they get a double tax benefit from the donation: They can deduct the property’s market value on the date of the gift, and they avoid paying capital gains tax on the built-up appreciation.
• They must have a receipt to back up any contribution, regardless of the amount for a stock transaction.

04/16/2018

What Taxpayers Should do When They Need More Time to Pay

All taxpayers should file their taxes on time, even if they can’t pay what they owe. This saves them from a potential failure-to-file penalty. While taxes are due by the original due date of the return, some taxpayers are unable to pay them by the deadline.

Here are some tips for those who can’t pay their taxes in full by the April 17 deadline:

File on Time and Pay as Much as Possible. Taxpayers can pay online, by phone, by check or money order, or with their mobile device using the IRS2Go app.
Get a Loan or Use a Credit Card to Pay the Tax. The interest and fees charged by a bank or credit card company may be less than IRS interest and penalties.
Use the Online Payment Agreement tool. Taxpayers should not wait for the IRS to send a bill before setting up a payment plan. The best way to do this is to use the Online Payment Agreement tool. Taxpayers can also file an Installment Agreement Request with their return and set up a direct debit agreement, eliminating the need to send a check each month.
Don’t Ignore a Tax Bill. The IRS may take collection action against taxpayers who don’t respond to notices. Taxpayers should contact the IRS right away by calling the phone number on their bills to talk about options. The IRS will work with taxpayers suffering financial hardship.

11/10/2017

Haines, Greene, and Yowell Tax Service is looking for:
Motivated individual for a bookkeeping/payroll position with our firm. Please submit inquiries and resume to [email protected]

01/24/2017

Please call to make your tax appointment now!

Address

223 Sunnyside Plaza
Wi******er, VA
22603

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 12pm

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