Vicki Venable, Enrolled Agent
Tax Man.mp3
WHY IS MY STIMULUS PAYMENT LESS THAN I EXPECTED?
The maximum rebate is $600 single, $1,200 couple IF YOU PAID AT LEAST THAT MUCH IN FEDERAL INCOME TAX.
For the total amount of tax paid look at line 10 of
Form 1040EZ, line 37 Form 1040A or line 63 Form 1040.
The minimum rebate is $300 if you had at least $3,000 in wages, self employment, social security benefits or VA benefits (does not include interest, dividends, retirement, rental income, etc.).
To calculate your rebate, you can go to the IRS website at http://www.irs.gov/app/espc. Be sure to have a copy of your tax return in front of you to answer the questions.
INFORMATIONAL LINKS...
IMPORTANT FACTS
REGARDING
ECONOMIC STIMULUS PAYMENTS
NEW RULES FOR CHARITABLE CONTRIBUTIONS....
WHAT IS REQUIRED TO DEDUCT THEM?
MORTGAGE DEBT FORGIVENESS ISSUES
Why Choose us?
At Venable Accounting Inc., we want to make your life less taxing. We sort through the tax laws and stay up-to-date with the constant changes. We want you to keep as much of your hard-earned money as is legally possible! We make this less taxing too, by giving you several options...
- In Office (call for appointment/flexible hours)
- Fax, Email or Snailmail
- Drop-Off (24 hour availability)
Venable Accounting Inc is ready to help you get your 2007 tax filing behind you. At Venable Accounting we realize that preparing your return can be a complicated process.
So we go beyond just preparing your return.
Our professional, friendly staff is available 12 months a year to address your concerns, answer your questions, and give you the best information possible when you need to make decisions affecting your tax situation.
Tax Simplification and Paper Reduction are nice words, but obviously our legislators have "fuzzy dictionaries". It is becoming more and more difficult for anyone with more than a W2 to prepare their own return. Don't miss a deduction, let the professionals sort it out. But please, choose your preparer wisely.
Anyone can put up a sign, prepare your return, take your money, and leave you holding the bag at audit time. For the advantages of hiring a tax professional registered to practice before the IRS look at our What's an EA? page.
Feel comfortable enough to do it yourself? Go to our site at www.1040.com/Venable where you can prepare and e-file your own return for a minimal cost.
TAX CHANGES ON THE HORIZON....
