V's Taxes & More

IRS & V's Taxes & More are ready for your 2024 individual tax return ‼️

2025 tax filing season starts as IRS begins accepting tax returns today; taxpayers have many options for help | Internal Revenue Service IR-2025-18, Jan. 27, 2025 — The Internal Revenue Service opened the 2025 tax filing season today and is accepting and processing federal individual tax year 2024 returns.

National Tax Security Awareness Week, Day 4: Security Summit urges updating digital security to protect businesses, taxpayers from identity theft scams | Internal Revenue Service IR-2024-306, Dec. 5, 2024 — Because identity thieves target the financial data of businesses and the self-employed using new schemes, the Internal Revenue Service and the Security Summit partners today urged companies and individual taxpayers to review and update their security measures and practi...

TAX TIME IS HERE EVERYONE ‼️WE ARE STILL IN BUSINESS… ALL RETURNING CLIENTS MAKE SURE YOU HAVE ALL DOCUMENTS FOR SELF AND DEPENDENT(S). WE ARE THE SAME COMPANY, WITH THE GOAL BUT WE ARE RETURNING WITH A BRAND NEW START ‼️ IF Ty'Liisha Joe'Va WAS NOT YOUR PREPARER LAST YEAR BUT YOU ARE RETURNING, THIS IS WHO YOU WILL BE STARTING FRESH WITH SO ALLLLLL DOCUMENTS ARE REQUIRED !!! NEW FACES SAME GREAT VALUE ‼️

Alright now it’s August Yall go to HR and Take the dependents off !! Cus I don’t want to hear nothing at tax time about it 🤣🤣🤣🤣

🚨🗣️THERE IS NO CTC PAYMENTS COMING FROM THE IRS IN JUNE OR ANY OTHER MONTH IN 2024!!

Here's the article: https://www.newsweek.com/three-tax-refunds-raising-alarms-irs-1901547?fbclid=IwZXh0bgNhZW0CMTEAAR3Az0tEwgWmPYDKhK0T3pU2AUm3S0smvvcVcSgHgRpguqFgdqz8Qc2DkUQ_aem_AXTCYi2-VVutFq83sF_fVnYYcNh-HrLGO_T0HwecwpAE5WgFjZhfyDHSXHYxcIuphDAfkPVqbaZkZgE-V9jxGSIu

Three tax refunds that are raising alarms with IRS The three refunds causing issues this year are the Fuel Tax Credit, Sick Leave and Family Leave credits and household employment taxes.

I don’t know who need this, but FIX THAT FORM NOW! And if you are someone that makes BIG OVERTIME please take out extra withholdings.

Line 4C is where additional monies can be withheld from each paycheck. I advise my clients to select an amount thats comfortable for them each pay period. (ex: $25 , $50, $75 etc)

If you still haven’t filed and need a preparer we are available. You still have time to file.

Income Information needed for the 2024 Tax Season ℹ️

📜 W-2 forms for you and your spouse

📜 1099-C forms for cancellation of debt

📜 1099-G forms for unemployment income, or state or local tax refunds

📜 1099-MISC forms for you and your spouse (for any independent contractor work)

📜 1099-R, Form 8606 for payments/distributions from IRAs or retirement plans

📜1099-S forms for income from sale of a property

📜 1099-INT, -DIV, -B, or K-1s for investment or interest income

📜 SSA-1099 for Social Security benefits received

📜 Alimony received

📜 Business or farming income - profit/loss statement, capital equipment information

📜 Rental property income and expenses: profit/loss statement, suspended loss information

📜 Prior year installment sale information - Forms 6252, principal and interest collected during the year, SSN and address for payer

📜 Miscellaneous income: jury duty, gambling winnings, Medical Savings Account, scholarships, etc.

Revenue Tax Professionals is here to answer any questions you have and to get you the Max Back!

⤵️ IRS TRANSCRIPT CODES THREAD ⤵️

846- REFUND ISSUED
840- MANUAL REFUND
841- REFUND CANCELLED
768- EARNED INCOME CREDIT
766- CREDIT TO YOUR ACCOUNT
806- W-2 OR 1099 WITHHOLDING
570- ADDITIONAL ACCOUNT ACTION PENDING
971- NOTICE ISSUED
571- RESOLVED ADDIONAL ACCOUNT ACTION
826- CREDIT TRANSFERRED OUT
582- LIEN INDICATOR
186- DEPOSIT PENALTY ASSESSMENT
170- ESTIMATED TAX PENALTY
196- INTEREST ASSESSED
013- NAME CHANGE
014- ADDRESS CHANGE
420- AUDIT

Change Those W4’s lower your dependents .Pay In Federal Taxes Box 2 Matters ⚠️⚠️