Bronze Taxes

02/03/2023

2023 TAX SEASON HAS BEGUN!!!

09/28/2022

11/27/2019

The Internal Revenue Service intends to make the criminal background checks and tax compliance checks it performs on tax professionals such as enrolled agents, e-file providers and acceptance agents more consistent, with more up-to-date fingerprint information from the FBI, according to a new report.

The report, from the Treasury Inspector General for Tax Administration, acknowledged that the IRS’s suitability checks for applicants to the acceptance agent, EA and e-file provider programs generally ensured that only reputable individuals were accepted in the programs during fiscal year 2018. The IRS also does continuous suitability checks to ensure that individuals accepted in the programs prior to the initial suitability checks haven’t engaged in criminal activity warranting removal from the program.

11/20/2019

Did you know?🤔🤔🤔 that it is still better to file joint even if your spouse owes back taxes? You can file as an injured spouse and that way the liability is shifted to the spouse that owes the money.

11/19/2019

The Bipartisan Budget Act of 2018 finally took a solid step in the direction of simplifying tax filing for individuals aged 65 and older. They'll now have their own tax form, the 1040-SR.

11/18/2019

(EITC) is a refundable federal income tax credit for working people with low to moderate incomes who meet certain eligibility requirements. Because it’s a refundable credit, those who qualify and claim EITC pay less federal tax, pay no tax or may even get a tax refund. EITC can mean a credit of up to $6,557 for working families with three or more qualifying children. Workers without a qualifying child may be eligible for a credit up to $529.

To get the credit, people must have earned income and file a federal tax return — even if they don’t owe any tax or aren’t otherwise required to file.

Taxpayers can use the EITC Assistant to find out if they are eligible for EITC, determine if their child or children meet the tests for a qualifying child and estimate the amount of their credit.

11/18/2019

First day of e filings IRS tax returns is January 27, 2020

11/17/2019

This is the time to start gathering receipts and organizing them. This is the time the start preparing for tax season, if you have a rental property and you repairs, start organizing those receipts.

11/17/2019

IRS: Eligible employees can use tax-free dollars for medical expenses

WASHINGTON — With health care open season now under way at many workplaces, the Internal Revenue Service today reminded workers they may be eligible to use tax-free dollars to pay medical expenses not covered by other health plans.

Eligible employees of companies that offer a health flexible spending arrangement (FSA) need to act before their medical plan year begins to take advantage of an FSA during 2020. Self-employed individuals are not eligible.
For more information go to www.gov

02/01/2019

It’s tax season! E filing is open call Bronze taxes now for an appointment !

01/10/2019

Even with the government shutdown, so far income tax returns are still being processed. Call Bronze Taxes now for a consultation!

11/08/2018

: More families will get more money under the newly-revised Child Tax Credit due to tax reform, helping them for the upcoming filing season.

IR-2018-217, Nov. 7, 2018 ― More families will be able to get more money under the newly-revised Child Tax Credit, according to the IRS.