!!!!YOUR INVITED TO OUR GRAND OPENING!!!

Hi  Everyone, this is India Roberts, ERO and founder of "Be’s Professional Services". 

On November 9, 2013 (Saturday) from 10AM to 7:30PM, Be’s Professional Services is having our GRAND OPENING/ Networking & Business event.

Location: 1536 S. Clark Rd, Duncanville, TX 75137

We will have light refreshments and this gives you an opportunity to be apart of our journey. I wanted to personally invite you to attend.

Children are welcome because we will have things for them to do as well. This is a family event so bring your friends and families and have a great time.

I would like to say THANK YOU to everyone that has support our business. THANKS to everyone that liked our business page!

We will be doing giveaway's and much, much more. We will have a drawing for a FREE TAX PREPARTION Certificate. Don't miss out!

!!!!YOUR INVITED TO OUR GRAND OPENING!!!

Hi  Everyone, this is India Roberts, ERO and founder of "Be’s Professional Services". 

On November 9, 2013 (Saturday) from 10AM to 7:30PM, Be’s Professional Services is having our GRAND OPENING/ Networking & Business event.

Location: 1536 S. Clark Rd, Duncanville, TX 75137

We will have light refreshments and this gives you an opportunity to be apart of our journey. I wanted to personally invite you to attend.

Children are welcome because we will have things for them to do as well. This is a family event so bring your friends and families and have a great time.

I would like to say THANK YOU to everyone that has support our business. THANKS to everyone that liked our business page!

We will be doing giveaway's and much, much more. We will have a drawing for a FREE TAX PREPARTION Certificate. Don't miss out!

We hope to see you at our grand opening! Bring a guest and Children are Welcome!

IRS Provides Tax Relief to Victims of Colorado Storms

Did you know?

The Internal Revenue Service is providing tax relief to individual and business taxpayers impacted by severe storms, flooding, landslides and mudslides in Colorado.
The IRS announced today that certain taxpayers in the counties of Adams, Boulder, Larimer and Weld will receive tax relief, and other locations may be added in coming days following additional damage assessments by the Federal Emergency Management Agency (FEMA).

The tax relief postpones certain tax filing and payment deadlines to Dec. 2, 2013.

It includes corporations and businesses that previously obtained an extension until Sept. 16, 2013, to file their 2012 returns and individuals and businesses that received a similar extension until Oct. 15.

It also includes the estimated tax payment for the third quarter of 2013, which would normally be due Sept. 16.

The IRS automatically identifies taxpayers located in the covered disaster area and applies automatic filing and payment relief.

 But affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at 866-562-5227 to request this tax relief.

PER IRS.gov

Back-to-School Tax Tips for Students and Parents

 

Going to college can be a stressful time for students and parents. The IRS offers these tips about education tax benefits that can help offset some college costs and maybe relieve some of that stress.

• American Opportunity Tax Credit.  This credit can be up to $2,500 per eligible student. The AOTC is available for the first four years of post secondary education. Forty percent of the credit is refundable. That means that you may be able to receive up to $1,000 of the credit as a refund, even if you don’t owe any taxes. Qualified expenses include tuition and fees, course related books, supplies and equipment. A recent law extended the AOTC through the end of Dec. 2017.

 

 

• Lifetime Learning Credit.   With the LLC, you may be able to claim up to $2,000 for qualified education expenses on your federal tax return. There is no limit on the number of years you can claim this credit for an eligible student.

 

Please understand that it is not a guarantee that you qualify for these credits. So take caution and let Be's Professional Services assist you with your tax matters.

 

You can claim only one type of education credit per student on your federal tax return each year. If you pay college expenses for more than one student in the same year, you can claim credits on a per-student, per-year basis

 

• Student loan interest deduction.  Other than home mortgage interest, you generally can’t deduct the interest you pay. However, you may be able to deduct interest you pay on a qualified student loan. The deduction can reduce your taxable income by up to $2,500. You don’t need to itemize deductions to claim it.

 

Per irs.gov

Reduce Your Taxes with Miscellaneous Deductions

 

 

If you itemize deductions on your tax return, you may be able to deduct certain miscellaneous expenses. You may benefit from this because a tax deduction normally reduces your federal income tax.

Here are some things you should know about miscellaneous deductions:


Deductions Subject to the Two Percent Limit. 

You can deduct most miscellaneous expenses only if they exceed two percent of your adjusted gross income. These include expenses such as:

• Unreimbursed employee expenses.
• Expenses related to searching for a new job in the same profession.
• Certain work clothes and uniforms.
• Tools needed for your job.
• Union dues. 
• Work-related travel and transportation.

Make sure you are aware of all the will benefit you and our family.

Per IRS.gov

              IRS Gives Oklahoma Tornado Victims Time To For Return Filing and Tax Payment

                                                     And Deadlines Extended to September 30

 After Monday’s devastating tornado in Moore and Oklahoma City,   the Internal Revenue Service today provided tax relief to individuals and businesses affected by this and other severe storms occurring in parts of Oklahoma.

The tax relief postpones various tax filing and payment deadlines that occurred starting on May 18, 2013. As a result, affected individuals and businesses will have until Sept. 30, 2013 to file these returns and pay any taxes due. This includes the June 17 and Sept. 16 deadlines for making estimated tax payments. A variety of business tax deadlines are also affected including the July 31 deadline for second quarter payroll and excise tax returns and the Sept. 3 deadline for truckers filing highway use tax returns. I advise my clients if you were affected by the storm, please use this time to get things taken care of.

The IRS will abate any interest, late-payment or late-filing penalty that would otherwise apply. The agency automatically provides this relief to any taxpayer located in the disaster area. Taxpayers need not contact the IRS to get this relief.

Beyond the relief provided to taxpayers in the FEMA-designated counties, the IRS will work with any taxpayer who lives outside the disaster area but whose books, records or tax professional are located in the areas affected by these storms.

 All workers assisting the relief activities who are affiliated with a recognized government or philanthropic organization also qualify for relief. Taxpayers qualifying for relief who live outside the disaster area need to contact the IRS at 866-562-5227.

Per IRS.gov

 Tips for Dealing with Notices

 

Each year, the IRS sends millions of letters and notices to taxpayers for a variety of reasons.                     

                                 Here are a some suggestions that may help you if this happens to you.

         1. Don’t panic. Many of these letters require a simple response.

 

2. There are many reasons why the IRS sends correspondence. If you receive an IRS notice, it will typically cover a very specific issue about your account or tax return.

 

3. Each notice offers specific instructions on what you need to do to satisfy the inquiry.

 

4. If you receive a notice advising you that the IRS has corrected your tax return, you should review the correspondence and compare it with the information on your return.

 

5. If you agree with the correction to your account, then usually no reply is necessary unless a payment is due or the notice directs otherwise.

 

6. If you do not agree with the correction the IRS made, it is important that you respond as requested. You should send a written explanation of why you disagree. Allow at least 30 days for a response.

 

7. Remember to keep copies of any notices you receive with your other income tax records.

 

8. The IRS sends notices and letters by mail.

 

If you receive a notice go to IRS.gov or call  1-800-829-3676.

 

Per the irs.gov