Rocha Accounting LLC

01/19/2022

For everybody Remember , if you received checks of IRS for Covid or Advanced Child Care go to acountats with prove of those payments to calculate correctly your current credits.
Please avoid any problem with that situation.Also you should receive a letter from them with the exact amount that they paid you.It is the better option. But don't forget both things.
Thank you.

05/09/2021

Happy Mother’s day!
My respect for all mothers!

09/25/2020

Many of our clients may have received unemployment compensation for the first time in 2020 due to COVID-19. They may be wondering if it is taxable or if it will affect their refund. We answer those questions and more in this article.

Is my client’s unemployment compensation taxable?
Yes, your client’s unemployment income will be taxed at the federal level and probably at the state level if their total income is more than the minimum required file. It’s important to note that taxable benefits for tax year 2020 include any special unemployment compensation authorized under the CARES Act.

How is unemployment compensation taxed?
The federal government taxes unemployment income like regular wages. However, unemployment income is exempt from Social Security and Medicare taxes.

Most states also tax unemployment wages with some exceptions. For example, California, Montana, New Jersey, Pennsylvania, and Virginia do not tax unemployment.

Your client should receive Form 1099-G from their state reporting their total unemployment compensation for 2020. Help them report this income on Schedule 1 of their 1040.

How can my client reduce what they owe on their unemployment?
Help your client check their withholding on their unemployment compensation. To avoid a large amount due on their taxes, have them withhold income taxes just like they would from their regular wages. They will need to fill out Form W-4V, Voluntary Withholding. The maximum amount they can withhold is 10%.

Specific benefits that you can help them fill out Form W-4V for include:

Benefits paid by a state from the Federal Unemployment Trust Fund
Railroad unemployment compensation
Disability benefits paid instead of unemployment
Trade allowances made by the Trade Act of 1974
Unemployment that falls under the Disaster Relief and Emergency Assistance Act of 1974
Unemployment that falls under the Airline Deregulation Act of 1978 Program

Many clients may have received unemployment income for the first time due to COVID-19 and may be wondering if it's taxable. Learn more in this article.

09/25/2020

To every Taxpayers:
Please see this new form 1040 for tax year 2020;
Pay attention at schedule 1 line 7.

The IRS released a draft of the new Form 1040. Here's an explanation of the most significant changes expected for tax year 2020.

03/29/2020

Buenas noches a todos mis clientes y amigos, esta semana muchos me han preguntado si es necesario haber echo los taxes del 2019 para recibir el estimulo del gobierno de $1,200.00 y $500.00 por cada niño.

La respuesta es NO!! Si usted hizo los taxes del 2018 y tiene una cuenta de banco registrada con el IRS usted debe recibir por deposito directo a su cuenta de banco ese dinero.

Taxes del 2019 tiene una extension automatica por el IRS hasta el 15 de julio del 2020.

Cualquier pregunta pueden comunicarse conmigo al 786-417-1786, le responderemos lo mas pronto posible.

Nos mantendremos haciendo los taxes todo el ano via online. El dinero es muy importante pero mas aun es su salud.

Mantenganse protegidos y actuen con responsabilidad. Dios los bendiga.
Dios bendiga a America.
Siempre unidos y cooperando.
Muchas gracias.

Gustavo Rocha.
Presidente.
Rocha Accounting LLC.

03/29/2020

Good evening to all my clients and friends, some clients called me this week about the government stimulus. They asked if its necessary to have filed tax year 2019 to receive $1,200 and $500 per every child.

Clients and friends it’s only necessary that you filed you 2018 taxes and you will receive the money by direct deposit if you have already bank account in your last tax return.

Please ask me any questions and I will respond as soon as possible.

Be safe, be responsible, the money is very important but your health is first. Than you so much.

God bless you.
God bless America.
Note: We continue serving tax return via email & online. Contact us to file yours!

Gustavo Rocha.
President.
ROCHA ACCOUNTING LLC

03/16/2020

Thank you so much to all my clients, today I finalized filing the corporations, was an excellent Tax Year for our clients and friends.

Good bless you! Be optimistic about corona virus.
We live in the best country. Stay safe and healthy!

God bless America.

Muchas gracias a todos mis clientes y amigos. Hoy finalizamos el envio electronics de las Corporaciones.Fue un excelente Tax season, les agradesco mucho la confianza depositada en Rocha Accounting .Dios los bendiga, estemos optimists y prudentes con el Corona virus. Vivimos en el mejor paid del mundo.Dios bendiga a America.

02/19/2020

Call us to schedule a free consultation over the phone. (786)417-1786! Llamenos para una consulta gratis!

02/15/2020

Happy San Valentine Day les deseamos a todos nuestros clientes y amistades.
Oferta especial 10% de descuento a todos los clientes que hagan sus taxes con nuestra compañía antes del 15 de marzo.
Esta temporada por la cantidad de clientes y el deseo de satisfacer sus necesidades trabajamos los domingos de 9 a.m. hasta las 2pm.

01/27/2020

Tax Season is here! Call/Text us to schedule your consultation! 786-417-1786

02/06/2019

No se olviden de sacar su appointment o darnos una llamada para preparar sus taxes con tiempo! 786.417.1786 Hacemos taxes de negocios y personales. Cualquier pregunta por favor hablar con Gustavo Rocha.