Personal Items

• Copy of last year’s Income Tax return
• Proof of identification (Drivers License, Govt. issued Photo I.D.)
• Social Security Card, birth date for you and your family on the Tax return
• Your permanent resident mailing address or a P.O. Box number
• Bank account information or a voided check for direct deposit (for your refund)

The 2018 is the first tax filing year under the new Tax Cuts and Jobs Act (TCJA). It took effect on January 1, 2018.  Tax rates generally are reduced for most taxpayers under this new tax law, but some of the tax filers may notice smaller or no refunds on their tax returns.

The H & S Accounting team wishes you and your family a wonderful Holiday Season, and a happy, healthy, and peaceful New Year 2019!

The H & S Accounting team wishes you a blessed holiday season and a happy, healthy, peaceful New Year 2018!

Now that your business is at the end of its year, let’s look at an effective tax planning method of making retirement contributions. We will compare the features of a SEP (Self Employed) IRA, Simple IRA, and Solo 401(K) Plan.  

Once your teen has started their part time job, there are always questions such as

• How much can they earn without having to file a tax return?
• Can a parent still take their teen as an exemption on their own tax return?

1. Not Filing at All. Life getting a little overwhelming and thinking of not worrying about filing your taxes on time? Not a good idea at all. The IRS can charge you with both a failure to pay penalty and a failure to file penalty. T

At H & S Accounting, we have built our reputation on providing the best customer service in the business. We asked our customers what they love about H & S Accounting, and here’s what they had to say:

As soon as the tax season approaches, businesses as well as individuals start worrying about their tax preparation. Undoubtedly, filing your taxes can be quite a hectic job to do. If you prepare ahead of time by getting all of your paperwork done, then it will be much less stressful when it is time to file.