TAX TIP OF THE DAY... PA extends 2015 property tax rebate / rent rebate deadline
Low income seniors and the disabled may qualify for a refund of property taxes paid OR RENT paid in 2015... from $250-$650. The program deadline has been extended to 12/31/16. Use form PA-1000. PA-1000 form http://www.revenue.pa.gov/FormsandPublications/FormsforIndividuals/Documents/Property%20Tax-Rent%20Rebate/2015_pa-1000.pdf PA-1000 instructions http://www.revenue.pa.gov/FormsandPublications/FormsforIndividuals/Documents/Property%20Tax-Rent%20Rebate/2015_pa-1000_inst.pdf SHARE WITH A FRIEND. www.baboiancpa.com TAX TIP OF THE DAY... beware of IRS telephone scam
Click the link below to hear the recording that I received. This is a giant scam. IGNORE. IRS scam recording The scammers are getting smarter. They are now using the same female automated voice that the IRS uses on it's major phone prompts. They threaten that you are being sued, going to jail or sheriffs are on the way to your home. SHARE WITH A FRIEND. www.baboiancpa.com $99 Jump-start appointment
for new business, hobby & rental owners.
Easy record-keeping Tax deductions Bookeeping software options... Quickbooks Income tax, sales tax, payroll tax, corporate tax Answers to your many questions Click here to become a client now. Or simply call today to schedule. Day & evening "Jump-start" appointments are available May-November. TAX TIP OF THE DAY... deduct your umbrella
Do you travel for work? Drive to other buildings? Visit customers? Drive for office errands? Deduct items that protect you from the elements... umbrellas, sunglasses, gloves. SHARE WITH A FRIEND. David S. Baboian, CPA answers client tax questions throughout the year, FREE of charge. For more info... www.baboiancpa.com TAX TIP OF THE DAY... deduct new Harrisburg $156 LST
If you work in Harrisburg City, your employer will be taking more out of your paycheck. Your $52 LST tax was just retroactively increased to $156. The payment is tax deductible. SHARE WITH A FRIEND. If you need tax help... www.baboiancpa.com TAX TIP OF THE DAY... should I file my own taxes?
"Yes" for many people-- especially if you are under age 35. Life has not become too complicated yet! But later in life things change... investments, children in college, pensions, IRAs, rental properties, small business experiments. Your instincts will tell you when you need professional help. SHARE WITH A FRIEND. If you need tax help... www.baboiancpa.com TAX TIP OF THE DAY... create your own deductible uniform
Embroider company name or logo on clothing to deduct as a business expense. The embroidery should be visible and reasonably sized. SHARE WITH A FRIEND. If you need tax help... www.baboiancpa.com TAX TIP OF THE DAY... deduct laundry expenses
Record laundry and dry cleaning expenses for uniforms, protective clothing and other work related linens. Record number of loads of laundry per week for in-home laundering. SHARE WITH A FRIEND. If you need tax help... www.baboiancpa.com TAX TIP OF THE DAY... deduct credit card interest
For business and rental property owners... Interest on business debt is fully deductible, unlike personal credit card interest. Therefore, when you are short on cash, charge to purchase business items and pay cash for personal items. Use a separate credit card for business so you don’t mix business and personal charges on the same card. SHARE WITH A FRIEND. If you need tax help... www.baboiancpa.com TAX TIP OF THE DAY... incorporate your business
Incorporating your business as an LLC or corporation is one of the most powerful tax savers available for a business. Creative corporate strategy can save you thousands of dollars. Unfortunately, the high administrative costs and the significant paperwork involved may limits the application of this strategy. But it is definitely worth asking about! SHARE WITH A FRIEND. If you need tax help... www.baboiancpa.com |
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AuthorDavid S. Baboian, CPA Archives
February 2018
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