Online Launch Party!!

 

                             April 13 & 27 and May 11!

 

                                  Be's Professional Services will be hosting our Online Launch Party!
                                                                        This is a three day event!

We will give away three Visa Gift Cards worth $10.00 each! Talking taxes will be a part of our launch party as well. Are you prepared for the Tax season to end? We would like to get you prepared for tax season 2013. Are you ready???

The rules are as follows: On April 13, 27 and May 11 - starting at 12:00am you will have to go like our Facebook page or subscribe to our blog page!

Every time you like our page our leave a comment or a question on our pages you will be entered into the drawing for a chance to win a $10.00 visa gift card!

Let's talk taxes: will begin at 9am -11am on April 13, 27 and May 11! Leave a question or comment and you will be entered into the drawing for one of the visa gift cards.

                       Please remember that cut of for all entries for all dates will be 12 midnight.


                                   Winners will be announced on April 20, May 4 &18.
                           Please allow 7 to 10 business days to receive your visa gift card.

If any questions email us at besprofessionalservices@gmail.com

IRS Offers Tips for Taxpayers Who Missed the Tax Deadline

• File as soon as possible.  If you owe federal income tax, you should file and pay as soon as you can to minimize any penalty and interest charges. There is no penalty for filing a late return if you are due a refund.

• Penalties and interest may be due.  If you missed the April 15 deadline, you may have to pay penalties and interest. The IRS may charge penalties for late filing and for late payment. The law generally does not allow a waiver of interest charges. However, the IRS will consider a reduction of these penalties if you can show a reasonable cause for being late.

• E-file is your best option.  IRS e-file programs are available through Oct. 15. E-file is the easiest, safest and most accurate way to file. With e-file, you will receive confirmation that the IRS has received your tax return. If you e-file and are due a refund, the IRS will normally issue it within 21 days.

• Pay as much as you can.  If you owe tax but can’t pay it all at once, you should pay as much as you can when you file your tax return. Pay the remaining balance due as soon as possible to minimize penalties and interest charges.

• Installment Agreements are available.  If you need more time to pay your federal income taxes, you can request a payment agreement with the IRS.

• Refunds may be waiting.  If you’re due a refund, you should file as soon as possible to get it. Even if you are not required to file, you may be entitled to a refund.

Per IRS.gov

Last-Minute Filers: Avoiding Some Common Errors

 

                                          Here are some ways to avoid common mistakes.

File electronically. Filing electronically, whether through e-file or IRS Free File, vastly reduces tax return errors, as the tax software does the calculations, flags common errors and prompts taxpayers for missing information.

Mail a paper return to the right address.

Take a close look at the tax tables. When figuring tax using the tax tables, taxpayers should be sure to use the correct column for the filing status claimed.

Fill in all requested information clearly. When entering information on the tax return, including Social Security numbers, take the time to be sure it is correct and easy to read. Also, check only one filing status and the appropriate exemption boxes.

Review all figures. While software catches and prevents many errors on e-file returns, math errors remain common on paper returns.

Get the right routing and account numbers.

Sign and date the return.

Attach all required forms. Paper filers need to attach W-2s and other forms that reflect tax withholding, to the front of their returns.

Keep a copy of the return.

Request a Filing Extension. For taxpayers who cannot meet the April 15 deadline, requesting a filing extension is easy and will prevent late filing penalties.

But keep in mind that while an extension grants additional time to file, tax payments are still due April 15.

Owe tax? Get on a Payment Plan...Send What your can!!!

Per IRS.gov

                                  Online Launch Party!!

 

                             April 13 & 27 and May 11!

 

                                  Be's Professional Services will be hosting our Online Launch Party!
                                                                        This is a three day event!

We will give away three Visa Gift Cards worth $10.00 each! Talking taxes will be a part of our launch party as well. Are you prepared for the Tax season to end? We would like to get you prepared for tax season 2013. Are you ready???

The rules are as follows: On April 13, 27 and May 11 - starting at 12:00am you will have to go like our Facebook page or subscribe to our blog page!

Every time you like our page our leave a comment or a question on our pages you will be entered into the drawing for a chance to win a $10.00 visa gift card!

Let's talk taxes: will begin at 9am -11am on April 13, 27 and May 11! Leave a question or comment and you will be entered into the drawing for one of the visa gift cards.

                       Please remember that cut of for all entries for all dates will be 12 midnight.


                                   Winners will be announced on April 20, May 4 &18.
                           Please allow 7 to 10 business days to receive your visa gift card.

If any questions email us at besprofessionalservices@gmail.com

Have you claimed your 2009 Refund??

 

 

If you haven’t filed your 2009 federal tax return, you may still have time to claim your tax refund.

Did you know......... the IRS has $917 million in unclaimed refunds from an estimated 984,000 tax returns that people didn’t file for the 2009 tax year.

The IRS estimates that half the potential refunds for 2009 are more than $500.

Did you know .........You have three years to claim a refund. If you don’t claim your refund within three years, the money becomes property of the U.S. Treasury.

 For 2009 returns, the window closes on April 15, 2013.

You must properly address, postmark and mail your return by that date. There is no penalty for filing a late return if you are due a refund.

By not filing a return, you may miss an important credit — the Earned Income Tax Credit. For 2009, the credit is worth as much as $5,657.

IRS may hold your refund if you have not filed tax returns for 2010 and 2011.

The law allows the use of your federal tax refund to pay any amounts still owed to the IRS or your state tax agency.

 If you have unpaid debts, such as overdue child support or student loans, your refund may be applied to pay that debt.

Per the IRS.gov

                                      Winter 2013 Statistics of Income Bulletin

 

Individual Income Tax Rates and Shares, 2010. Of the 142.9 million individual tax returns filed in tax year 2010, 84.5 million (59.1 percent) were classified as taxable returns or returns with a total income tax greater than $0. Adjusted gross income (AGI) for taxable returns was nearly $7.25 trillion, and total income tax was $952 billion.

Individual Noncash Charitable Contributions, 2010. More than 7. million individual taxpayers reported a total of $34.9 billion in deductions for noncash charitable contributions for tax year 2010.

Split-Interest Trusts, Filing Year 2011. Charitable remainder trusts, charitable lead trusts, and pooled income funds reported $9.7 billion in gross income and $118.1 billion in end-of-year assets.

Domestic Private Foundations and Related Excise Taxes, Tax Year 2009. For tax year 2009, domestic private foundations reported $588.5 billion in total assets and $52.2 billion in total revenue. These foundations distributed $40.9 billion in contributions, gifts, and grants to the charitable sector.

Controlled Foreign Corporations, 2008. For tax year 2008, foreign corporations controlled by U.S. multinational corporations held $14.5 trillion in assets and reported receipts of $6.0 trillion.

 

 

Per the IRS.gov

 Get Prior Year Tax Information

• Tax Return Transcript.  This shows most line items from your tax return as originally filed, along with any forms and schedules from your return.  This transcript does not reflect any changes made to the return after you filed it. Tax return transcripts are free. After the IRS has processed a return, transcripts are available for the current tax year and the past three tax years. This is the information that is very important.

• Order a Transcript.  You can request both transcript types online, by phone or by mail. To place your order online, go to IRS.gov and use the “Order a Transcript” tool. Order a transcript by phone at 800-908-9946.  If your not sure ..... recorded message will guide you through the process. You can also request your tax return transcript by mail by completing Form 4506T-EZ. Use Form 4506T to mail a request for your tax account transcript.   

• Tax Return Copies.  Actual copies of your tax returns are generally available for the current tax year and as far back as six years. The fee for each copy you order is $57. To request a copy of your tax return, complete Form 4506, available on IRS.gov. Mail your request to the IRS office listed on the form for your area.

• More Information.  The IRS website .