Precision Tax

I’m so excited to assist you with your tax filing for 2024!

I’m so excited about revamping my business and eagerly anticipate the future. My fresh business objectives prioritize customer satisfaction. I aim to attract top-notch clients and aid them in preserving more of their finances through effective tax strategies. Additionally, I plan to introduce a service tailored for my small business clientele and add S-Corp tax preparation.

Shy Martin

As you get ready to file your taxes please take the time to make sure that you have all of your employment documents for the entire year. Ex. W2's, 1099's, 1099g etc.

If you pulled money from a retirement plan be sure that you have received your 1099r for that distribution.

If you own a home wait for your 1098.

If you receive social security wait for your SSA 1099.

If you went to college wait for your 1098T- this is a big one.

If you have children and paid for after school care or daycare wait for your statement from the provider.

The main point of this post is to advise you to be patient and make sure that you don't leave off any important documents when filing your taxes this year. Your tax professional needs to see the whole picture to do their best work for you and this will eliminate you spending additional money on an Amendment.

I don’t want to hear nobody crying about them fees for not reporting your LLC with fincen.gov

Know what’s expected of you, talk with your tax professional if you don’t understand.

Shy Martin

United States Department of the Treasury Financial Crimes Enforcement Network | FinCEN.gov WASHINGTON—Today, the Financial Crimes Enforcement Network (FinCEN) published its first set of guidance materials to aid the public, and in particular the small business community, in understanding upcoming beneficial ownership information (BOI) reporting requirements taking effect on January 1, 2...

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