Ambassadors Financial Services

The Internal Revenue Service will start accepting and processing tax returns in two weeks, the agency announced.

Tax season will officially start Monday, Jan. 27. The IRS expects more than 140 million individual returns for tax year 2024 to be filed ahead of the April 15 deadline. The agency began accepting returns via IRS Free File on Jan. 10 but they won’t be processed until the official start date.

E-file Your 1099's, W-2's and 94X's with the IRS!

IRS E-filing is open! As of today, January 10th the IRS is accepting electronic returns for the 2024 tax season.

As a freelancer/ business owner, if you paid more than $1,000 in taxes in the previous year, the IRS requires you to pay taxes quarterly.

Paying quarterly taxes on time helps you maintain a better cash flow and avoid surprise tax bills or penalties.

The quarterly tax deadline for Q4 is January 16, 2024.

You can find out if you owe any quarterly tax to the IRS in Q4. The calculations are based on not just your income but deductions too!

Quarterly Tax Calculator:
https://www.keepertax.com/quarterly-tax-calculator

If you have a travel agency there are tax deductions you can write ✍️ off! 👈🏾

Contact me to get more information!

Ambassadors Financial Services is offering Tax Debt Relief Assistance. Schedule your appointment for more information....

These are good tax apps to help self-employed or business owners for each tax season:

Keeper Tax
https://dashboard.keepertax.com/onboarding/income-type?mibextid=Zxz2cZ&fbclid=IwAR3n4wQFYB9NztrtzHjS153xOPbmKwDfFakWvqdI470JVlTxVXJ8-shKZtc

Receipt Scanner: Easy Expense
https://play.google.com/store/apps/details?id=com.easyexpense

Keeper - Taxes made magical Keeper is a tax filing software that connects to your bank to automatically personalize your experience & uncover tax breaks.