We have been preparing income tax returns in South Florida since 1982.
We are comprised of tax attorneys, lawyers, certified public accountants, enrolled agents and former IRS agents, managers and tax instructors.
We have over 60 years of direct work experience in the local South Florida IRS offices. As well as working in the local office we also worked in both the district and regional offices of the Internal Revenue Service.
Call us today and we can help audit proof your return from the Internal Revenue Service and make sure you are paying the lowest amount allowed by law.
Because of our years with Internal Revenue Service we know all the regulations, tax codes, and tax procedures to ensure you pay the lowest tax possible.
In case of an IRS tax audit we will fully defend your tax return.
Call us today for a free consultation or come by and visit our offices.
We pride ourselves in building long-term relationships with all our clients and we also can do long-range planning for any of our taxpayers that have that need.
We are A+ rated by the Better Business Bureau we are very affordable. Come by and visit our friendly staff today.
Once again, we enjoy building a long-term relationship with each and every client we have.
Take Credit for Your Retirement
Saving for your retirement can make you eligible for a tax credit worth up to $2,000. If you contribute to an employer-sponsored retirement plan, such as a 401(k) or to an IRA, you may be eligible for the Saver’s Credit.
Here are points about the Saver’s Credit:
1. The Saver’s Credit is formally known as the Retirement Savings Contribution Credit. The credit can be worth up to $2,000 for married couples filing a joint return or $1,000 for single taxpayers.
2. Your filing status and the amount of your income affect whether you are eligible for the credit. You may be eligible for the credit on your 2012 tax return if your filing status and income are:
a.Single, married filing separately or qualifying widow or widower, with income up to $28,750
b.Head of Household with income up to $43,125
c. Married Filing Jointly, with income up to $57,500
3. You must be at least 18 years of age to be eligible. You also cannot have been a full-time student in 2012 nor claimed as a dependent on someone else’s tax return.
4. You must contribute to a qualified retirement plan by the due date of your tax return in order to claim the credit. The due date for most people is April 15.
5. The Saver’s Credit reduces the tax you owe.
6. Use IRS Form 8880, Credit for Qualified Retirement Savings Contributions, to claim the credit. Be sure to attach the form to your federal tax return. If you use IRS e-file the software will do this for you.
7. Depending on your income, you may be eligible for other tax benefits if you contribute to a retirement plan. For example, you may be able to deduct all or part of your contributions to a traditional IRA.