Account On Us Tax Services

06/17/2024

IRS warns of tax schemes shared over social media following claims involving Fuel Tax Credit, household employment taxes, sick and family leave credits
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The IRS this week issued a consumer alert following ongoing concerns about a series of tax scams and inaccurate advice on social media that have encouraged thousands of taxpayers to file fictitious refund claims this past tax season. The scams involve the Fuel Tax Credit, the Sick and Family Leave Credit and household employment taxes. Suspicious claims have resulted in refund delays and IRS requests for documentation. Taxpayers who erroneously filed for these claims should amend their returns. Taxpayers can visit Should I file an amended return? for more information.

04/15/2024

This tax season has been very busy. Picked up quite a few new clients that found me on IRS website or google reviews.

04/15/2024

In other news, Tax deadline is today! Call me for help. 443-508-3279 or

With Account-On-Us, we'll strategically plan out your tax credits, rebates, and deductions so that you pay the least amount of taxes possible while keeping more money in your pocket.

03/24/2024

Tax filing deadline of 15 April is closer than it appears. Contact me for assistance

With Account-On-Us, we'll strategically plan out your tax credits, rebates, and deductions so that you pay the least amount of taxes possible while keeping more money in your pocket.

03/02/2024

Take good care of your financial resources. Making a budget enables you to save, invest, and make the most of every dollar. Let us assist you! At https://account-on-us-llc.com

03/01/2024

02/29/2024

𝗛𝗼𝘄 𝗰𝗮𝗻 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻 𝗣𝗹𝘂𝘀 𝗵𝗲𝗹𝗽 𝗺𝘆 𝗰𝗹𝗶𝗲𝗻𝘁𝘀?
The experienced professionals at Protection Plus specialize in audit defense and identity theft restoration. Audit defense is backed by a $1 Million Tax Audit Defense™, which guarantees Protection Plus will provide up to $1 million of services on every audit to get the best possible resolution for your clients.
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Audit Assistance Services
Audit Assistance Services , Schedule issues
• Tax debt relief
• Denied credits
• Tax fraud

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02/28/2024

CREDIT AND DEDUCTIONS: A CRUCIAL DIFFERENCE
Understanding the distinction between tax credits and deductions is crucial for tax planning.

Your savings from tax deductions will depend on your marginal tax rate. Your tax savings would be 22% x $6K, or $1,320, if you contribute $6,000 to a deductible individual retirement account and are in the 22% tax rate.

In contrast, a tax credit represents a dollar-for-dollar decrease in the amount of taxes owed. Your tax obligation is lowered by $30 if you have a $30 foreign tax credit, not by $30 times your marginal bracket.

02/28/2024

TAX BRACKET WORKINGS
You have to comprehend how your tax bracket operates before you can start tax planning. Because of the progressive system in place in the US, when your taxable income rises, you move up via different "steps" and into new brackets.

The tax on the money earned before to moving into a new bracket remains the same. For example, your next dollar of regular income will be taxed at 32% if you move into the 32% bracket. However, your income up to the 32% bracket will continue to be taxed at 10%, 12%, 22%, and 24% as long as the income falls within each threshold.

Knowing your tax bracket will enable you to assess the potential impact of any credits or deductions.

02/27/2024

Small business owners frequently make accounting errors such as combining personal and company funds, failing to track or record income and expenses, putting off getting expert assistance, and failing to create a balance sheet or income statement.

02/22/2024

Everyone believes they are self-preparing their taxes to the best of their abilities, until the IRS comes knocking on their door. You can relax knowing that Account-On-Us carries a 100% accuracy guarantee. Make an appointment to have your taxes done properly. Where Tax Savings Meet Expertise. https://account-on-us-llc.com/

02/20/2024

We don't just prepare taxes, we prepare you to take control of your taxes and finances.
https://account-on-us-llc.com/