Next Gen Tax & Financial Services

We're just 34 days from the April 18th tax filing deadline.

Here's a 1-minute video on our quick & easy tax onboarding process:

https://m.youtube.com/watch?mc_cid=3c39a22897&mc_eid=fd7ab9e89d&v=AKSSMsv0sbA&feature=youtu.be

We can assist whether you're (1) ready to file, (2) need more time to file, or (3) you're not sure where to get started.

Click here to schedule your tax onboarding call: Calendly.com/nextgentax

Wishing You All the Best,
Bri & Lita

P.s. Below are some resources for self-employed folks to prepare to file your Schedule C.

https://drive.google.com/drive/u/0/mobile/folders/12ria-yMoCQP6vuv5jzgsc17jRFLCYHMT?usp=sharing&mc_cid=3c39a22897&mc_eid=fd7ab9e89d&pli=1

FREE Small Business Tax Checklist and Fillable Income Statement NOW is a great time to begin pulling your income and expenses into a Profit & Loss that you can use to file your Schedule C or hand off to your tax preparer....

We are partnering with Refund Advantage and TPG again this season to offer a variety of options for your tax return!

Book Your Tax Onboarding Call Here: https://calendly.com/nextgentax

Terms & Conditions: www.refund-advantage.com/terms-condition

E-filing Begins on January 23rd 📌
Business Filing Began TODAY 📌

Book Your Tax Onboarding Appointment Here: https://calendly.com/nextgentax/15min

Tax season will start Jan. 23, IRS says Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.

How does the Clean Vehicle Credit work for TY 2023?

The Clean Vehicle Credit can be worth up to $7,500 for qualifying EVs and FCVs purchased and put into service on or after January 1, 2023.

IRS Addresses Final Assembly, MSRP Requirements for Clean Vehicle Credit High gas prices have understandably made plug-in electric and fuel cell vehicles more attractive in recent years. While a provision in the Inflation Reduction Act of 2022 is designed to make the switch less of a financial burden, there is confusion surrounding some of the new requirements for the Cl...

Could A SEP IRA Reduce Your Tax Bill for 2022?

If you are self-employed and you anticipate owing the IRS this year, then you may benefit from SEP IRA contributions to reduce your tax liability.

Book Here: https://calendly.com/nextgentax/prioritycall

Download your FREE Small Business Tax Checklist and Fillable Income Statement here: https://bit.ly/3FbTUGB

Could A SEP IRA Reduce Your Tax Bill for 2022? Could A SEP IRA Reduce Your Tax Bill for 2022?If you are self-employed and you anticipate owing the IRS this year, then you may benefit from SEP IRA contribu...

The IRS e-filing season for business tax returns will start on January 12, 2023. The e-filing season for individual tax returns begins in late-January 2023. Exact dates have not been set by the IRS/states.

Beginning on January 1, 2023, the standard mileage rates will be:

🚘 65.5 cents per mile driven for business use, up 3 cents from the second half of 2022.
🚘 22 cents per mile driven for medical or moving purposes for qualified active-duty members of the Armed Forces, consistent with the second half of 2022.
🚘 14 cents per mile driven in service of charitable organizations; the rate is set by statute and remains unchanged from 2022.

👉 These rates apply to electric and hybrid-electric automobiles, as well as gasoline and diesel-powered vehicles.

More info:

IRS issues standard mileage rates for 2023; business use increases 3 cents per mile | Internal Revenue Service IR-2022-234, December 29, 2022 — The Internal Revenue Service today issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

What is the Saver's Credit and how it works!

The saver's credit helps eligible taxpayers offset the cost of saving for retirement.

It is a tax credit worth up to $1,000 ($2,000 if married filing jointly) for mid- and low-income taxpayers who contribute to a qualifying retirement plan - IRAs and SEP IRAs included.

Book Your Appointment Here: https://calendly.com/nextgentax/prioritycall

Acorns IRA Info: https://www.acorns.com/later/

Robinhood IRA Info: https://robinhood.com/us/en/support/retirement/

Download your FREE Small Business Tax Checklist and Fillable Income Statement here: https://bit.ly/3FbTUGB

What is the Saver's Credit and how it works! Offset the cost of saving for retirement. What is the Saver's Credit and how it works!The saver's credit helps eligible taxpayers offset the cost of saving for retirement.It is a tax credit worth up ...

‼️Anyone getting paid for their goods and services through apps like Venmo, PayPal or CashApp, or platforms like Etsy and Airbnb, just got a reprieve from the IRS.

Following concerns expressed by the tax community, the electronic transactions industry and some lawmakers, the IRS said Friday it would delay by one year the implementation of a rule change that would have resulted in a virtual paper chase of tax forms going out by January 31, 2023, to anyone using such apps for their business transactions.

IRS delays rule change for people who get paid on Venmo, Etsy, Airbnb and other apps | CNN Business Video Ad Feedback How IRS adjustments may impact your 2023 taxes 03:36 - Source: CNN Top business news 16 videos Video Ad Feedback How IRS adjustments may impact your 2023 taxes 03:36 Now playing - Source: CNN Video Ad Feedback Here's what school protocols Bill Gates thinks didn't work during pandem...

What’s New on 2022 Taxes? Key changes you should know about 📍

Priority Booking is available now through January: calendly.com/nextgentax/prioritycall

Download your FREE Small Business Tax Checklist and Fillable Income Statement here: https://bit.ly/3FbTUGB

What’s New on 2022 Taxes? Key changes in you should know about 📍 What’s New on 2022 Taxes? Key changes you should know about 📍Priority Booking is available now through January: calendly.com/nextgentax/prioritycallDownload...

NOW is a great time to begin pulling your income and expenses into a Profit & Loss that you can use to file your Schedule C or hand off to your tax preparer.

Download your FREE Small Business Tax Checklist and Fillable Income Statement here: https://bit.ly/3FbTUGB

If you're filing with our team this year, then Priority Booking is available now through January!

Book Here: https://calendly.com/nextgentax/prioritycall

FREE Small Business Tax Checklist and Fillable Income Statement NOW is a great time to begin pulling your income and expenses into a Profit & Loss that you can use to file your Schedule C or hand off to your tax preparer....

: Here’s a short checklist to help taxpayers choose a tax preparer for the upcoming filing season. http://ow.ly/nJWj50LTTaP

Click here to work with our team: https://calendly.com/nextgentax

Here’s a short checklist to help taxpayers choose a tax preparer for the upcoming filing season | Internal Revenue Service Tax Tip 2022-186, December 6, 2022 — Tax filing season will be here soon. As people begin to gather their documents and receipts in preparation of filing a tax return, many are also choosing to use a professional tax return preparer. Anyone with an IRS Preparer Tax Identification Number can be a p...