Castro Wealth & Advisory Solutions

Love is taking care of the people who depend on you. ❤️

This Valentine’s Day, show your love by planning for your family’s future.
Life insurance, retirement planning, taxes, and financial guidance aren’t just services—they’re acts of love that protect the people who matter most.

At Castro Wealth & Advisory Solutions, we’re honored to help families build security, stability, and generational wealth.

Happy Valentine’s Day from our family to yours.

📞 Contact us to start your financial plan today
“Securing your future, protecting your family.”

📢 Información importante para contribuyentes – EITC 2025

No todos los números de Seguro Social califican para reclamar el Earned Income Tax Credit (EITC).
Antes de reclamar este crédito, es importante conocer estos puntos clave:

🔎 Para ser elegible al EITC en 2025:
✔️ Tu permiso de trabajo debe estar vigente
✔️ La leyenda en tu tarjeta del Seguro Social sí importa
✔️ Si tu permiso de trabajo está vencido, no calificas para el EITC
✔️ Cada caso debe revisarse cuidadosamente antes de presentar la declaración

⚠️ Reclamar el EITC sin cumplir los requisitos puede causar:
• Retrasos en tu reembolso
• Ajustes por parte del IRS
• Posibles multas o la obligación de devolver el crédito

🎓 Infórmate antes de declarar
Un preparador capacitado puede ayudarte a:
✅ Verificar si calificas correctamente
✅ Evitar errores en tu declaración
✅ Presentar tus impuestos con tranquilidad y confianza

📣 TAX SEASON HAS OFFICIALLY STARTED TODAY! 📣

Tax season is here, and we’re ready to help you file with confidence ✅

Whether you have:
✔️ W-2 income
✔️ Overtime or tips
✔️ Self-employment or 1099 income
✔️ Dependents or tax credits

We’re here to make the process easy, accurate, and stress-free.

📅 Appointments now open
💻 Virtual & in-office filing available

📞 Call or text: 480-908-5123
🌐 Visit: www.futurelegacygroup.net

👉 Don’t wait until the last minute—let’s get your taxes done right!

⚠️ Tax Scams Happen All Year—But Peak During Tax Season

The IRS warns that tax scams increase significantly during filing season. Scammers often pose as the IRS through calls, texts, emails, or social media messages to steal your personal and financial information.

🔍 Stay alert for:
• Fake IRS phone calls demanding immediate payment
• Emails or texts asking you to “verify” your SSN or bank info
• Threats of arrest or legal action
• Promises of “extra refunds” that sound too good to be true

❗ Important Reminder:
The IRS will NEVER contact you by text, social media, or email to demand payment.

📌 Protect yourself and learn more directly from the IRS:

🚨 IMPORTANT NOTICE FOR BUSINESS OWNERS

The IRS is getting more strict on income reporting and deductions.

If you have a business and received a 1099-NEC or used a business bank account, your books must be in order.

✔️ Receipts & invoices
✔️ Accurate income records
✔️ Profit & Loss (P&L) statement

⚠️ If your records are not organized, a standard tax appointment will take longer and additional services (book clean-up & income calculation) will be required.

📞 Please contact me to schedule the proper services so we can file correctly and stay compliant.

TAX SCAM ALERT | IRS WARNING 🚨

🇺🇸 English Version

⚠️ Tax Scams Happen All Year—But Peak During Tax Season

The IRS warns that tax scams increase significantly during filing season. Scammers often pose as the IRS through calls, texts, emails, or social media messages to steal your personal and financial information.

🔍 Stay alert for:
• Fake IRS phone calls demanding immediate payment
• Emails or texts asking you to “verify” your SSN or bank info
• Threats of arrest or legal action
• Promises of “extra refunds” that sound too good to be true

❗ Important Reminder:
The IRS will NEVER contact you by text, social media, or email to demand payment.

📌 Protect yourself and learn more directly from the IRS:
🔗 https://ow.ly/zrp350XTJPt

Stay informed. Stay protected.

🚨 1099 REMINDER FOR BUSINESS OWNERS & SELF-EMPLOYED 🚨

If you paid contractors or non-employees in 2025, this is your reminder 👇

📌 1099 forms MUST be filed by January 31, 2026

✅ WHO NEEDS A 1099?

You must issue a 1099-NEC to:

Independent contractors

Freelancers

Consultants

Anyone not on payroll

Paid $600 or more during the year
(Payments made by credit card or third-party processors like PayPal, Stripe, Square are usually excluded — those are reported separately.)

📅 IMPORTANT DEADLINES

✔ January 31, 2026

Deadline to SEND 1099s to contractors

Deadline to FILE 1099s with the IRS

Applies to paper & e-filed forms

⚠️ There are NO extensions for providing copies to recipients.

⚖️ PENALTIES FOR NOT FILING

Failure to file or filing late can result in:

$60–$310 per form, depending on how late

Higher penalties if the IRS believes it was intentional

Possible audits or compliance letters

Penalties add up per contractor, not per business.

📌 WHAT YOU SHOULD DO NOW

✔ Confirm all contractors paid $600+
✔ Verify correct legal name & SSN/EIN
✔ Prepare & file 1099-NEC forms
✔ Deliver copies to recipients by Jan 31

💡 If you’re unsure whether you need to file, or want this done correctly and on time — get help now.
Waiting until the last minute increases errors and penalties.

📲 DM us or book an appointment today.

💡 Understanding Capital Gains & Dividends Can Save You THOUSANDS in Taxes

Not all income is taxed the same — and knowing the difference can change your financial future.

Here’s what every investor should know 👇
✔️ Capital gains are profits from selling assets like stocks, real estate, ETFs, or crypto
✔️ Holding assets longer than 1 year can mean LOWER tax rates
✔️ Qualified dividends are taxed more favorably than ordinary income
✔️ High earners may also be subject to the 3.8% Net Investment Income Tax (NIIT)

📌 Two people can earn the same $100,000 and pay VERY different taxes depending on how that income is earned.

Smart tax planning isn’t about how much you make — it’s about how much you keep 💰

📞 Need help structuring your investments tax-efficiently?
📍 Castro Wealth & Advisory Solutions
📲 480-908-5123
🌐 www.futurelegacygroup.net

🚨 STUDENT LOANS IN DEFAULT? READ THIS NOW 🚨

Before the IRS officially opens tax season, log into studentaid.gov and check your federal student loan status.

If your loans are in default, your tax refund is at risk once the Treasury Offset Program begins.

⚠️ This is federal law — not an opinion.

⏰ The fix:
You STILL have time to protect your refund if you act now by:
✔️ Rehabilitating your loans
✔️ Consolidating
✔️ Enrolling in an eligible repayment plan

❌ Waiting until after you file is too late.
❌ Waiting until your refund is gone is worse.

💬 Comment “CC” and I’ll send you a step-by-step guide on how to get your loans out of default before tax season opens.

📊 2025 Federal Tax Brackets Are Here!

Understanding your filing status and tax bracket can make a big difference in how much you owe or get back.

✔ Updated 2025 income brackets
✔ Inflation-adjusted amounts
✔ Know where you fall before filing

📞 Have questions or want to optimize your taxes?
Castro Wealth & Advisory is here to help.

📍 Arizona | 🌎 Serving clients nationwide
📲 Call or message us to schedule your consultation