There is many excellent income tax preparation tax firms in South Florida especially in Dade, Palm, and Broward County.

Fresh Start Tax LLC is one of those tax firms because of our care, excellence, and affordability.

We are “A” plus rated and without compliant.

Why choose Fresh Start Tax L.L.C.

1. We are comprised of Former IRS Agents with over 60 years of direct IRS experience in the local South Florida offices.

2. Our former IRS Agents were also teaching Instructors and Managers with the IRS.

3. We have prepared thousands of tax returns since 1982 all without audit if possible.

4. All tax returns are prepared and reviewed by two tax professionals for accuracy and making sure we got the most out of every possible tax deductions so you pay the lowest amount allowed by law.

5. We are affordable and assessable.

6.  Also have on staff Board Certified Tax Attorneys and CPA’s.

7. We audit proof all tax returns to make sure your tax return gets processed without error and without audit.

Newsletter Tip

As part of our newsletter to our clients here are some tax tips for Students and Parents with College Expenses.

Back-to-School Tips for Students and Parents Paying College Expenses

The IRS offers some tips about education tax benefits that can help offset some college costs for students and parents and we need them all.

These benefits apply to you, your spouse or a dependent for whom you claim an exemption on your tax return.

American Opportunity Credit.

This  tax credit, originally created under the American Recovery and Reinvestment Act, is still available for 2012.

This tax credit can be up to $2,500 per eligible student and is available for the first four years of post secondary education at an eligible institution. Forty percent of this credit is refundable, which means that you may be able to receive up to $1,000, even if you don’t owe any taxes.

Qualified expenses include:

1.tuition,

2. fees,

3.course related books,

4.supplies and equipment.
Lifetime Learning Tax Credit.

In 2012, you may be able to claim a Lifetime Learning Credit of up to $2,000 for qualified education expenses paid for a student enrolled in eligible educational institution

There is no limit on the number of years you can claim the Lifetime Learning Credit for an eligible student.
You can claim only one type of education credit per student in the same tax year. However, if you pay college expenses for more than one student in the same year, you can choose to take credits on a per-student, per-year basis. For example, you can claim the American Opportunity Credit for one student and the Lifetime Learning Credit for the other student.

For more information call us today for a no cost professional tax consultation. 954-492-0088

Income Tax Preparation,  Former IRS Agents , Fresh Start Tax LLC, South Florida , Broward, Dade, Palm Beach County