T. Jones Financial Services, Inc.

06/01/2022

If the IRS sends you a letter regarding missing tax documents this might be why 🤷🏼‍♀️

The IRS destroyed an estimated 30 million so-called paper-filed information returns in March 2021, sparking anger from the tax community.

01/25/2022

https://www.thestreet.com/personal-finance/taxes/top-tax-write-offs-for-self-employed

Whether you are a contractor or own a small business, tax deductions for the self-employed can add up to substantial tax savings.

08/02/2019

Do not fall victim to the latest IRS fraud scam!!!
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I received this voicemail this morning claiming to be the IRS. Please note the IRS will not call you directly unless you have been working with them on a particular matter and you would have received numerous correspondence letters by mail beforehand. The IRS will never request immediate payment over the phone!

For more information please see:
https://www.irs.gov/newsroom/how-to-know-its-really-the-irs-calling-or-knocking-on-your-door

11/02/2018

Meals are still 50% deductible, but there are some restrictions...

The IRS issued guidance on the deductibility of meal and entertainment expenses after the modification of Sec. 274 by the TCJA.

02/24/2015

T. Jones Financial Services provides accounting, bookkeeping and strategic operational improvements for individuals and businesses alike on the beautiful Central Coast. Please visit our website at www.tjonesfinancial.com for more information.