Le Tax, Payroll

Ok People, lets the refund season begins!!! We start filing tax as of today!!! Sooner you file sooner you get refund

Dear Clients Several Important Tax Dates: 1. Jan. 24th, 2022- IRS starts accept Tax Filings 2. March 15th, 2022- Due date for S-Corp, Partnership Business Tax. 3. April 18th, 2022- Due date for Personal, Family, C-Corp Tax.... ------- If you don't feel you can make any of the tax due date, Please contact my office for extension! See more

Dear Clients Beginning next week, you should receive your employees W2! Please look out for it!

This year filing tax, in addition to all your tax documents, make sure you provide your accountant about your (1) 3rd Stimulus and (2) Advanced child tax credit.This year filing tax, in addition to all your tax documents, make sure you provide your accountant about your (1) 3rd Stimulus and (2) Advanced child tax credit.

Don't pay Block price! pay for lower price with professional works!

Let's us prepare you for the tax season! Contact us!

YearEnd is approaching! Make sure you are ready for tax!!

Tax Season is coming! let us help you prepare! it wont be a normal tax season!

Dear Clients: Things you should prepare for this year tax returns: ==>In Addition to- Your Normal taxable income (W-2, 1099s). this year most of you should have..... 1. 1099-G- State Unemployment that you received. 2. Obamacare insurance form 1095-A (if you have it, even 1 month) 3. Stimulus payments from IRS 1st ($1,200) and 2nd ($600), If you have not receive any of those, you should let your accountant know. they can claim credit for you!!! ------ We are preparing Tax Return now, but IRS will accept and process your tax return starting Feb. 12th. Have a Happy Refund Season!!!

Tax Season is coming! let us help you prepare! it wont be a normal tax season!

Great News PA Residents!!

Dear Clients: --How would you like to help your employees off of unemployment benefits and back on payroll?!!! ----NOT OFFICIAL YET..but the government is trying to create Paycheck Guarantee Act. --Under this Act, you can receive up to $100,000 PER employee. --Because of Unemployment Rate will be very high, this Act will help companies to keep their employees on payroll...... ----this is a great Idea, great proposal-- this would help you, my clients, so much!!! I will keep you posted on this Act!!! See more

Dear, Clients: We have decided that Le Tax office stays closed and continuing working and supporting you behind closed door!! We dont want to take the risk, especially when the risk is life and death !!! We have family, our staffs have family, and you have family .... so let protect those people we love!!!!

Updates on Stimulus/Rebate Check: ------------ All Income are based on your Adjusted Gross Income (2019 Line 8b or 2018 Line 7 on your tax return) -------- Single Filing Status:... 1. Income from $1 to $75,000- receive $1,200 2. Income above $75,000 to $99,000.. $5 less of every $100 over Income: example: single $80,000. You’s receive $950 (over $5000 income, $250 less in rebate) 3. Income over $99,000.. Phase-out: (meaning you don’t receive anything!) (but positive detail below) ------- Head Of Household Filing Status: 1.-Income from $1 to $112,500- will receive $1,200 (full eligibility amount depending on your dependents) 2. Income above $112,500 to $136,500 ..reduce $5 for every $100 income over. (example above) 3. Income over $136,500Phase-Out: (no rebate or stimulus check) (but positive detail below) -------- Married Filing Jointly: 1. Income from $1 to $150,000: receive $2,400 (for NO dependents under the age of 17) if you have dependent under the age of 17, you will receive addition $500/dependent. (detail dependent below) 2. Income above $150,000 to $198,000.. reduce $5 for every $100 income over (example above) 3. Income over $198,000: Phase-Out (no rebate or stimulus checks) (but positive detail below) Dependent Details: 1. All qualified Dependent must be under the age of 17 to qualify for $500 per dependent: 2. If you over the age of 17 and dependent on someone else tax, you don’t receive anything, you must file single to receive the fund. 3. For $500 per dependent: They did not mention about income limit, so let assume that all children under the age of 17 will receive $500.. When I have more information on this, I will update. Now for Those people in the Phase-Out income (your income over limit): If your income is over limit, and your job is effected by Covid-19 (lost your job), you can claim tax credit in 2020 Step to Take for this money: NOTHING, Stay home.! 1. They will based on tax 2018 and/or 2019 (if you have not file one of this year..FILE NOW) 2. The check will mail to your home. However they will deposit to your bank if you have Direct Deposit tax refund in 2018 or 2019. ---- I hope this help! i tried to breakdown as much as possible for you to understand!

Several shutdown updates--- 1. Yes some cities, some states, and federal, they do have Small Business Loan, even grant for small business that effect by this virus, so check with your city and your state. 2. IRS did come out with new Payroll tax law for Covid-19 Disaster: It is called Families First Coronavirus Respond Act (ACT). This ACT is giving small business (less than 500 employees) to pay their employees PAID LEAVE, SICK LEAVES, and CHILDCARE LEAVE. so Business Clients..., contact me for more details. 3. I think there is should be a law, criminal law, for those infected people to go around and intentionally infect others. It should consider murder. 4. Lets keep up with social distance..do whatever it takes to stay solitude, cause your life depends on it!! --- Stay Safe, Stay Health Everyone!!