Ft.Lauderdale, Miami – Income Tax Preparation and Services, Former IRS 954-492-0088
The affordable local tax professionals. Hire, assessable local IRS tax experts. Check out our Bio page on our homepage link.
Come and visit us for a free tax consultation and see how we can save tax dollars for you. We are both skilled and seasoned tax professionals who want to build long-term relationships up with our clients.
We’re both friendly and affordable. We are A+ rated by the Better Business Bureau and have served South Florida since 1982.
If you are in the need of income tax preparation and services who better to hire than former IRS agents and managers who know the tax laws, tax policies and tax systems of the Internal Revenue Service.
We worked out of the local South Florida offices for over 60 years and have a direct working knowledge of the Internal Revenue Service.
We know exactly how to lower and reduce your tax bill.
While at IRS we taught tax law.
Fresh Start Tax – Four Tax Tips about Your Unemployment Benefits
If you received unemployment benefits this year, you must report the payments on your federal income tax return.
Here are four tips from the IRS about unemployment benefits.
1. You must include all unemployment compensation you received in your total income for the year. You should receive a Form 1099-G, Certain Government Payments.
It will show the amount you were paid and the amount of any federal income taxes withheld from your payments.
2. Types of unemployment benefits include:
a. Benefits paid by a state or the District of Columbia from the Federal Unemployment Trust Fund
b. Railroad unemployment compensation benefits
c. Disability payments from a government program paid as a substitute for unemployment compensation
d. Trade readjustment allowances under the Trade Act of 1974
e. Unemployment assistance under the Disaster Relief and Emergency Assistance Act
3. You must include benefits from regular union dues paid to you as an unemployed member of a union in your income. However, other rules apply if you contribute to a special union fund and your contributions are not deductible. If this applies to you, only include in income the amount you received from the fund that is more than your contributions.
4. You can choose to have federal income tax withheld from your unemployment benefits. You make this choice using Form W-4V, Voluntary Withholding Request. If you complete the form and give it to the paying office, they will withhold tax at 10 percent of your payments.
If you choose not to have tax withheld, you may have to make estimated tax payments throughout the year.
Ft.Lauderdale ,Miami- Income Tax Preparation and Services, Former IRS – Save
