Den’s Tax & Accounting

Don't miss out! Today, Sunday, August 9, is the final day to take advantage of Missouri’s Back-to-School Sales Tax Holiday.

Qualifying purchases are exempt from state and local sales tax through midnight tonight.

What qualifies:

• Clothing: $100 or less per item
• School supplies: Up to $50 per purchase
• Computer software: $350 or less
• Personal computers & computer accessories: Up to $1,500 per item
• Graphing calculators: Up to $150

You do not have to be a Missouri resident or a student to participate.

If you still have clothes, school supplies, or a computer on your shopping list, today is your last chance to take advantage of the tax savings.

Ends tonight, August 9 at midnight.

Source: Missouri Department of Revenue
https://dor.mo.gov/taxation/business/tax-types/sales-use/holidays/back-to-school/consumers.html

Business owners, a quick reminder when working with contractors. Always collect a W-9 before any work is performed or payment is made. A W-9 collects a contractor’s legal name, address, and taxpayer ID so you can properly issue a 1099-NEC when required. The W-9 is kept on file and is not sent to the IRS.

Getting a W-9 upfront protects your business and keeps your reporting clean. If a contractor is paid and a dispute arises or the work is not completed, you still have documentation showing who was paid. More importantly, the only way the IRS can match contractor income to a specific person is when a 1099-NEC is filed using the information from the W-9.

If a 1099-NEC is filed and the contractor does not report that income on their tax return, the IRS matching system can flag the difference and issue notices. This process starts with proper reporting. Without a W-9, issuing an accurate 1099 becomes difficult and can lead to compliance issues or penalties.

Best practice is simple. Collect the W-9 before work begins and before any money changes hands, and make it part of your contractor onboarding process.

Kansas City and surrounding Missouri and Kansas areas 👋

If you are looking for a local tax accountant who actually takes the time to talk with you, not just rush through your return, this is exactly what I do.

I am the owner of Den’s Tax & Accounting, a small local firm focused on people and small businesses. I offer fast and accurate e filings, but more importantly, I sit down with my clients and explain their numbers so they actually understand their taxes and business.

Services I offer
• Individual and small business tax filing
• Tax advisory and planning
• Business advisory and strategy
• Payroll services
• Bookkeeping and monthly financials
• Ongoing support throughout the year

I do not just crunch numbers and send you on your way. I review returns with you, answer questions, and help you make smarter decisions going forward. Whether you are an individual filer or a business owner, you will always know what is going on with your finances.

If you want a local accountant who is easy to talk to and actually cares about your situation, book an appointment here:
👉 www.denstaxandaccounting.com/appointments

Feel free to comment or message me with questions. Happy to help fellow locals.

Starting January 26 Tax Season Hours will go live:

Monday - Friday: 10:00am - 6pm
Saturday: 10am - 3pm
Sunday: CLOSED

August - mid September, I will be working REMOTE due to recovering from injury

Decided to start my Tax Season Hours early. So business will close to 6:00pm now.

Send a message to learn more

Starting the New Year with Confidence in Your Finances

At Den’s Tax & Accounting, we provide a judgment-free approach to handling your taxes. Whether you need clarity on deductions, the latest tax law changes, or personalized tax strategies, we’re here to make the process stress-free and straightforward.

Schedule your consultation today and stay ahead this tax season:
denstaxandaccounting.com/appointments

Limited-Time Offer: Receive 15% OFF Tax Services when you book your appointment early between January and February. Don’t miss this opportunity to maximize your savings and get your taxes handled with care and precision.

For my business clients, if you are looking for a new and upcoming accountant that is able to communicate with you and help grow your business, then schedule a consultation with me! I've helped over 20 businesses in a span of over a month of just opening!

denstaxandaccounting.com/appointments

Come book a consultation with me this month! My books are going to get busy, so get your spots early! I would love to work with you.