Profit Pros Tax Services

01/23/2020

⚠️CAN YOU DEDUCT STOCK LOSSES ON YOUR TAXES❓⚠️

✅You can write off up to $3,000 worth of short-term stock losses in any given year.
If you have more capital losses than you have gains for a given year, then you can deduct them against ordinary income, such as wage or salary income.

***Profit Pros Tax Services specializes in IRS Form 1040, Form 8949 and Schedule D for your MAXIMUM tax return. 🔰⚜️💹

01/22/2020

⚠️TAX TIP TUESDAY ⚠️
🚨ATTENTION ALL HOMEOWNERS‼️🚨
Did you install solar to your home last year? The government wants to reward you for keeping the environment clean.

✅The IRS allows you to take a tax credit worth 30% of the cost of installing a solar energy system.

✅If you’re thinking about holding off on taking advantage of this federal tax credit, don’t wait too long. The credit amount for residential improvements decreases to 26% in the year 2020, and then to 22% in 2021, after which it’s set to go away entirely.👀

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01/22/2020

🚨GET THE DEDUCTIONS, TAX CREDITS & MAXIMUM TAX RETURNS YOU DESERVE. Don’t let Uncle Sam get away with keeping your money‼️💰💰💰 We Are Certified To Serve You All Around The USA 🇺🇸

01/16/2020

Same Day Ca$h Advances up to $6,000!
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01/14/2020

🚨Need money today❓File your taxes and get a Cash Advance in less than 24hrs‼️ Ask me how Type INFO📲

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01/14/2020

⚠️TAX TIP TUESDAY⚠️
Did you owe taxes when you filed your 2018 state tax return in 2019❓

Then remember to include that amount with your state tax itemized deduction on your 2019 return, along with state income taxes withheld from your paychecks or paid via quarterly estimated payments. Beginning in 2018, the deduction for state and local taxes is limited to $10,000 per year.

01/12/2020

Type INFO to learn more. ⬇️

01/10/2020

⚠️TAX TIP THURSDAY⚠️
Should you itemize your tax deductions for 2020❓

Itemizing is worth it IF:

✅ You are self-employed
✅ You own a home
✅ You live in a high-tax area
✅ Your qualified expenses add up to more than the 2019 standard deduction of $12,200 for singles and $24,400 for married couples filing jointly.

***Did you know that you can also deduct the portion of medical expenses that exceed 7.5% percent of your adjusted gross income for 2019 (10% of AGI beginning in 2020)? 🤑PM me 📲

01/10/2020

⚠️TAX TIP THURSDAY⚠️
If you live in an income-tax free state, do you know that you can claim the sales tax deduction on your tax return❓
🌎Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming🔛☑️

✅ If you purchased a vehicle, boat, home or did major home renovations, you may be able to add the state sales tax you paid on these items to the amount shown in the IRS tables up to the limit for your state.
✅ If you kept track of all of the sales tax you paid throughout the year, you can use that.

🔸Use the IRS tables provided for your state to determine what you can deduct. The total of your itemized deductions for all of your state and local taxes is limited to $10,000 per year.

In order to help you determine your Sales Tax Deduction, we will ask you a series of questions. Here are some tips for answering the questions:

01/10/2020

⚠️TAX TIP THURSDAY⚠️
Should you itemize your tax deductions for 2020❓

It’s easier to take the standard deduction, but you may save a bundle if you itemize, especially if you are self-employed, own a home or live in a high-tax area.

Itemizing is worth it when your qualified expenses add up to more than the 2019 standard deduction of $12,200 for singles and $24,400 for married couples filing jointly.
Many deductions are well known, such as those for mortgage interest and charitable donations.
You can also deduct the portion of medical expenses that exceed 7.5% percent of your adjusted gross income for 2019 (10% of AGI beginning in 2020).

Get up to $6,000 Maximum Tax Refund & Early Cash Advance. Get a quote now!
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01/09/2020

✅We’ll prepare your taxes quickly. You upload photos of your W2s directly through our website.
✅Our fee is taken later, automatically from your tax refund.
✅It’s easy and hassle free-even if you don’t have a bank account.

Call or visit us online today and get the service and satisfaction you deserve. ☎️ #702-508-5095

Get up to $6,000 Maximum Tax Refund & Early Cash Advance. Get a quote now!
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