I hope you have had a great holiday weekend.
I am sitting here with puffy eyes from crying due to the passing of our “Minnie.” She was our corgi that I found tied to poll in downtown, Redlands over 13 years ago She passed away due to complications from surgery and our family is totally devastated. We will always remember her and move forward to a new chapter in our life with our girl. That brings me to my email today. It’s Tax Season! The IRS has said that starting next week we can start processing tax returns. I have put together a few resources below for you to get through this tax season as easy as possible for both of us. First and foremost, make sure you keep an eye out for any W2’s,1099’s, or tax-related items that should be arriving any day and in some cases, they may be emailing you the form or having you go online to download your tax-related item. If you download my 2019 Tax Essential Letter this will give you a complete list of items you will need this year. Download Here Second, many of you like to use a tax organizer. Here is a great one Download Here Business Owners – If you had a business or made any income on the “side” that includes, Uber/Lyft, Airbnb, Amazon Delivery, Ebay, Etsy, Instacart or any MLM etc. I think you get the idea. Please use this Business Income and Expense sheet so we can report that income and your expenses. Download Here I have hundreds of worksheets and tools you can use at my Resouce Center – Go Here If you would like to book your appointment for taxes you can always do that at MeetWithCarlosS.com I hope this helps make this tax season easier. Your friend, P.S. If you were referred to me by one of my tax partners for tax resolution. Please contact that professional to get your taxes prepared done for 2019. I work with many tax professionals to help them with tax resolution and this is email is not intended to have you move from them. Please feel free to use the resources above. P.P.S. If you have an S-Corporation, remember your tax deadline is March 15, 2020, unless you file extension. |
Archives for January 2020
Does No 1099 Mean No Deduction for You?
Imagine this: you didn’t issue Form 1099s to your contractors. Now, the IRS is auditing your tax return, and the auditor claims you lose your deductions because you didn’t issue the Form 1099s. Is this correct? [Read more…] about Does No 1099 Mean No Deduction for You?