Shawna Barker KDR Tax Pro

12/09/2024

Jesus wants your heart, and I want to do your taxes!!! Jesus can give you the max in this life and eternity!! Why not come to me and let me get you the max back from your taxes!!! Contact me today:

11/16/2024

📢 Tax Tip: Patience Pays Off!
📢 Hey, taxpayers! As we gear up for tax season, remember that gathering all the right forms is key to a smooth filing process.
Here’s a quick guide to what you might need, depending on your income sources:
Employment Income • W-2: From your employer (for employees). Self-Employment & Contract Work • 1099-NEC: For contractors and freelancers. • 1099-K: For payments over $600 received via platforms like PayPal or Venmo. Investments & Interest • 1099-DIV: Dividends from investments. • 1099-INT: Interest income from banks. • 1099-B: Sales of securities. Retirement & Benefits • 1099-R: For pensions, annuities, and IRAs. • SSA-1099: Social Security benefits. Government Payments • 1099-G: For unemployment or state tax refunds. Real Estate • 1098: Mortgage interest for homeowners. • 1099-S: For real estate sales. Education Expenses • 1098-T: Tuition statements. • 1098-E: Student loan interest. Gathering these forms early helps ensure you don’t miss out on deductions and stay compliant. Patience now = no surprises later!

11/16/2024

EIC for Self-Employed Individuals: Self-employed individuals can also qualify for Earned Income Credit, but it requires proper documentation. Make sure to: • Report all your business income, including cash payments. • Deduct only legitimate business expenses. • Keep track of your net income as that will be used to calculate your EIC.

11/16/2024

11/16/2024

Shawna Barker
903-975-4865
The new standard deductions for tax year 2025. Let's make this coming tax season the best season ever.
Contact me today!!

11/14/2024