TaxPrep Evolution Corp HQ

04/02/2024

📢 Don't let taxes tax your brain, let us help! 🧠💡
Tax season can be stressful, but it doesn't have to be! From deductions to credits, we've got you covered.
Schedule a call with us today and take the first step towards stress-free tax planning! 📞🗓️

02/03/2024

‼️Tax Tip for Business Owners‼️

Go by plane, train or bus—the actual cost of the ticket to ride is deductible, as well as any baggage fees. If you have to pay top dollar for a last-minute flight, the high-priced ticket is a business expense, but if you use frequent-flyer miles for a free ticket, the deduction is zero.

Contact TaxPrep Evolution for all your tax needs! Schedule your appointment today!

02/01/2024

‼️‼️TAX TIPS LANDLORD ‼️‼️

Costs you incur to place the property in service, manage it and maintain it generally are deductible. Even if your rental property is temporarily vacant, the expenses are still deductible while the property is vacant and held out for rent.

If you own investment or rental property, TaxPrep Evolution will help you with deductions, depreciation, and getting your biggest possible refund.

Schedule Your Appointment with us TODAY!

01/28/2024

‼️Tax Tip‼️

The IRS considers unemployment compensation to be taxable income—which you must report on your federal tax return. Some states also count unemployment benefits as taxable income.

Contact TaxPep Evolution for all your tax needs!
Schedule your appointment today!

01/27/2024

‼️Tax Tip‼️
🗣️🗣️🗣️
Attention: Small-business owners and entrepreneurs who work from home!
Did you know⁉️
You could possibly save big money on your taxes by taking the home office deduction, as long as you meet the IRS' requirements and keep good records.
File with us TODAY and find out if you qualify for this deduction.
Contact TaxPrep Evolution for all your tax needs!

01/24/2024

‼️Tax Tip‼️

Did you know⁉️
Even though you are not required to pay taxes on your Social Security or Disability, you may be able to get a refund of any money withheld from your paycheck for taxes.
Contact TaxPrep Evolution for all your tax needs!!

01/23/2024

‼️Tax Tip‼️

Did you know that after an inflation adjustment, the 2023 standard deduction increases to $13,850 for single filers and married couples filing separately and to $20,800 for single heads of household, who are generally unmarried with one or more dependents.

There are many MAJOR Tax Changes this tax season and TaxPrep Evolution is here for all your tax needs!
Contact us today!

01/22/2024

‼️Tax Tip‼️

A refundable tax credit is a credit you can get as a refund even if you don't owe any tax.

Many people who qualify for refundable credits miss out on refunds because they don't file.

It's important to determine your eligibility for tax deductions and tax credits with a reputable tax professional!

Contact TaxPrep Evolution for all your tax needs!!

01/21/2024

‼️Tax Tip‼️

Fasfa REQUIRES your taxes to be current and filed with the IRS!
Don’t hold your college kids Financial Aid Hostage because you haven’t filed your taxes!
Book Your Appointment NOW!!

Contact TaxPrep Evolution for all your tax needs‼️

01/19/2024

‼️Tax Tip‼️

2023 Business Standard Mile Rate has increased to 65.5 cents per mile.

Miles that count as part of your business mileage deduction include the number of miles actually driven for business.

Contact TaxPrep Evolution for all your tax needs!!!

01/18/2024

‼️Tax Tip‼️

Gambling Clients!!

Did you KNOW that the Gambling Tax Laws have Changed TREMENDOUSLY‼️⁉️

Gambling income includes but isn't limited to winnings from lotteries, raffles, horse races, and casinos. It includes cash winnings and the fair market value of prizes, such as cars and trips.

Contact TaxPrep Evolution for your tax needs! Schedule a consultation/appointment!

01/18/2024

‼️Tax Tip‼️

Small Business Owners!

As you know, you pay tax on your business profits. But there’s good news, too. You can potentially reduce your taxable income significantly by taking all the deductions you’re entitled to as business expenses.

Common small business deductions include costs for:
🎯Automobiles
🎯Home office
🎯Interest
🎯Rent
🎯Travel, meals and entertainment

Contact TaxPrep Evolution for all your tax needs!!

01/15/2024

‼️Tax Tip‼️

Did you know, you may need to pay taxes on your Social Security Disability Insurance benefits??

This can happen if you receive other income that places you above a certain threshold. But, because SSDI requires you to be disabled and have limited income to be eligible, you might not have other income to exceed this threshold.

Contact TaxPrep Evolution for your tax needs!!
Schedule Your Appointment Today! Link is in bio!

01/15/2024

01/12/2024

‼️Tax Tips‼️

There are many advantages to filing a joint tax return with your spouse.👰🤵‍♂️💍

Couples who file together can usually qualify for multiple tax credits, such as the:

🎯Earned Income Tax Credit
🎯American Opportunity and Lifetime Learning
🎯Education Tax Credits
🎯Exclusion or credit for adoption expenses
🎯Child and Dependent Care Credit

Contact TaxPrep Evolution for all your tax needs!

01/10/2024

‼️Tax Tip‼️

If one thing in life is certain, it's that your taxes will never stay the same. Events in your own life can cause for either an increase or decrease in your taxes. Listed are a few common life events you should know that may affect your taxes:

👉🏽Marriage/Divorce

👉🏽Having A Baby

👉🏽Daycare/Dependent Care

👉🏽Educational Expenses

👉🏽Death of a spouse or dependent

👉🏽 Buy Home/Sell Home

Contact TaxPrep Evolution for your tax needs!!

01/09/2024

‼️Tax Tip‼️

The American Opportunity Tax Credit is for qualified education expenses paid by or on behalf of an eligible student for the first four years of college.
✔️It is partially refundable.

✔️Taxpayers can get a maximum annual credit of $2,500 per eligible student. The amount of the credit is 100% of the first $2,000 and 25% of the next $2,000 of qualified education expenses a taxpayer paid for each eligible student.

✔️To claim the full credit, a taxpayer's income must be $80,000 or less ($160,000 or less for married filing jointly).

✔️The credit phases out entirely for taxpayers with income over $90,000 ($180,000 for joint filers).

Contact TaxPrep Evolution for all your tax needs!

01/08/2024

‼️Tax Time‼️

🗣️🗣️Calling ALL Self Employed 🗣️🗣️

Listed here is a short Tax Season Checklist for all self employed

➡️ Current Driver License/ID/Passport
➡️ Social Security Cards
➡️ 1099 & Other Wages
➡️ Dependents Accurate Information
➡️ Copy of Last Year Retun
➡️ Bank Statement (Proof of Income)
➡️ Proof of Expenses (Receipts)

Contact Tax Prep Evolution for all your tax needs‼️
💰🤑💰🤑

01/05/2024

‼️Tax Tip‼️
Filing your taxes In Person or Virtually here’s a short list of vital items you must provide to file your taxes:

✅ Valid Drivers License, State ID or Passport
(NOT EXPIRED)

✅ Dependents Social Security Cards

✅ Bank Account Information for direct deposit

✅ 1098-T (Tuition Statement)

✅ W2 or 1099 (no last check stubs)

Contact TaxPrep Evolution TODAY for ALL your tax needs!

01/03/2024

‼️Tax Tip‼️

Tax laws are complicated but the most common tax return errors are very simple. Many mistakes can be avoided by choosing TaxPrep Evolution for your tax needs.

🚫 Hiring A “Ghost” Preparer
🚫 Under Reporting Your Income
🚫 Filing Too Early & not filing all Tax Forms
🚫 Not filing deductions and credits you qualify for
🚫 Not keeping up with YOUR Identity Pin Number

Contact TaxPrep Evolution for all your tax needs!

01/02/2024

Did you purchase a brand new or used electric plug in vehicle in 2023?
If so, you may qualify for up to $7,500 tax credit.

Contact TaxPrep Evolution for all your tax needs.
We love referrals!!

12/30/2023

‼️Tax Time‼️

Doors Open January 2, 2024!

Let’s Go!! 🏎️

📌 Refund Advances up to $6,000
📌 Same Day Advances up to 24 Hours
📌 Maximum Refunds
📌 Early Tax Filing
📌 On site and Virtual Tax Preparers
📌 Book Your Appointment Now

Link in Comments!

12/29/2023

‼️Tax Tip‼️

The Child Tax Credit has increased to $2,000 per child for 2023 tax filing year!🤑
The most significant change for 2023 is that the refundable portion of the Child Tax Credit increased from $1500 to $1600!
Contact Tax Prep Evolution for your tax needs!

12/28/2023

‼️Tax Tip‼️

Listed are the most current EITC changes for the upcoming Tax Season…

➡️ Up to $600… No Qualifying Children
➡️ Up to $3,995… 1 Qualifying Child
➡️ Up to $6,604… 2 Qualifying Children
➡️ Up to $7,430… 3 Plus Qualifying Children

Contact TaxPrep Evolution for all your Tax Needs!!

12/26/2023

‼️Tax Tips‼️

Did you know??
An Identity Protection PIN helps shield taxpayers from tax-related identity theft.
Taxpayers who participate in this program are assigned a 6 digit code that they use to prove their identity when they file their federal tax return.

The IRS’s Identity Protection Pin is “The number one security tool currently available from the IRS.”

Contact TaxPrep Evolution for all your tax needs and filing! 💙

12/25/2023

Merry Christmas

12/21/2023

Are you wondering what to expect when you file your taxes this year? 🤨
Call our office and get your estimated 2023 Tax Refund!

12/21/2023

‼️Tax Time‼️
Tax season is quickly approaching and it’s going to be an EXCITING Tax Year! 💰🤑

↗️ Early Tax Filing January 2nd
↗️ Bigger Refunds
↗️ Refund Advances Up to $6,000
↗️ Bigger Child Tax Credits
↗️ And so MUCH MORE

Schedule your appointment NOW with our Tax Professionals. Link is in the comments.

12/20/2023

🎉🎊 CONGRATULATIONS ARE IN ORDER 🎊🎉

01/31/2023

‼️Tax Tips ‼️

A tax refund is a reimbursement to taxpayers who have overpaid their taxes, often due to having employers withhold too much from paychecks. The U.S. Treasury estimates that nearly three-fourths of taxpayers are over-withheld, resulting in tax refunds.

Contact TaxPrep Evolution for all your tax needs and MAXIMIZE your tax refund!