L & L Tax and Notary Service

12/30/2024

If you have ADP check your online account some W2s have been issued!!! 🥳🤸🏽‍♂️

Thanks, L&L Tax and Notary Services

12/12/2024

Let’s Talk Taxes: True or False Edition ‼️
13k for 3 kids self-employed?
🚨 FALSE: Sorry, it’s not happening.
More money for kids?
✅ TRUE: But it’s not as much as you think.
You can file with your pay stub?
🚨 FALSE: Not allowed.
You get $$ just from having a child?
🚨 FALSE: There’s more to it than just having a child.
You can file with an expired ID?
🚨 FALSE: Nope, your ID needs to be current.
You can claim your boyfriend you took care of?
🚨 FALSE: Not unless he meets specific IRS criteria.
You can claim $$ made from your hobby?
✅ TRUE: But you gotta report it as income.
You can write off expenses from your hobby?
✅ TRUE: If they’re legit expenses.
Two people can claim HOH at the same address?
🚨 FALSE: Only one Head of Household per address.
Here’s the Deal 💡

When you choose ME as your tax preparer, I’ll make sure you get every dollar you’re owed. 💰💪

Let’s maximize your refund and keep it real this tax season! 👏🏼‼️

Call now to connect with business.

04/15/2024

Let's clear a few things 🆙

If you're unable to file your taxes by the April 15 deadline, ( today) applying for a tax extension is an option. Most people only need an extension if they are missing tax documents.

🚨It's important to clarify that a tax extension DOSEN'T postpone the deadline for paying what you OWE to the IRS. 🚨

Any taxes owed are still due by the deadline, ( which is today)

though payment plans are available. You must request a tax extension by April 15. (Today by 11:59 pm ) 👈🏾The extension provides extra time to complete your return without incurring the late filing penaltie, which can amount to 5% of your unpaid taxes per month, up to 25%, according to the IRS.

If you need more time to file your taxes, you can request an extension by filing Form 4868.

If you are due a tax refund and haven't filed, you are ok and can still e-file your taxes all the way until October 15th, 2024

You also have three years to file your tax return if you are due a refund but not if you owe. I try my best to put things in simple terms because I know taxes may be complex for some.

03/11/2024

‼️Change your W-4 to single and 0 if you have no kids with additional money taken out $25-$50 on line 4 of the W-4, Head of household with kids if you can afford to, leave all them questions $0 or leave out 1 kid, and you can also take additional out on line 4 as well, it’s 9 months before the next tax season rolls around let’s have some withholdings in that box 2 of that W-2, it will make a difference a great difference oh and if you’re making overtime definitely take additional out on W-4 line 4 same applies to Married folks too ‼️‼️

Business owners pay quarterly taxes this Year.‼️‼️

01/31/2024

📣Need a mobile notary in St. LOUIS OR WITHIN MISSOURI
Just contact me!!!!

01/31/2024

TAX UPDATE

🗣️ The CHILD TAX CREDIT has no changes…as of YET‼️ If & when the bill passes, the IRS will adjust your refund amount or send you the remaining difference if any; if you have been paid out.

🗣️Tax forms are currently being sent out. Companies have until January 31 to post date & mail them out. Please keep eye 👀 on mailboxes.
Look out for the following: 👇🏽👇🏽

📬W2- From Your Employer
📬1099MISC-( rent, medical & health care)
📬1099 NEC- Non-employee Compensation
📬1099G- Unemployment
📬1095A- Marketplace Insurance
📬1098T- College Students
📬1098- Mortgage Interest Statement
📬1099R- 401k or receive retirement
📬1099B- Broker Transactions
📬1099C- Cancellation of Debt
📬1099 SSA - Social Security
📬W2G- Lottery winnings totaling $600 or more
📬1099 DIV- Dividends
📬1099 S- Proceeds from Real Estate 
👨‍👩‍👧‍👦Daycare Statement
⛪️Tithes Statement
🚗Car taxes (mostly applies to SC residents)
Etc

Or any others reforms you may receive.

Also, 1095B & 1095C are forms you need to keep for your record only.


Contact me to get your taxes filled…

01/31/2024

🚨Key Dates for 2024 Tax Season

📅 Jan 29th- IRS officially opens
📅 Jan 31st- Deadline for employers to distribute W2s and 1099 statements
📅 Feb 15th- Path Act lifts for those who claimed EITC or ACTC
📅 Apr 15th- "Tax Day," last day for filing federal income tax returns or extension requests
📅 Jun 17th- US citizens or resident aliens living abroad must file tax return by this date
📅 Oct 15th- Due date for filing approved extensions


L&L Tax and Notary Service

01/31/2024

Dear TAXPAYERS
read with understanding, everybody is not gonna get a 💰 back I'm sorry. I am a tax professional 💻, not a magician 🪄. If you did not pay anything out in taxes last year/went exempt, you're in a higher tax bracket &/or you don't have dependents 9 times out of 10 you are going to owe or your refund will be low. Don't get me wrong - there are certain credits and deductions that you may qualify for and I'm going to make sure you get each and every one of those so that no money is left on the table, HOWEVER please do not expect 10 bands back if what I mentioned above applies to you . Tax refunds are not FREE money. It's based on what was paid out on top of credits & deductions. I'm going to do whatever I can for my clients LEGALLY‼️

01/29/2024

✅Your biggest tax refund, guaranteed.
✅100% accurate tax prep, guaranteed.
Don’t take chances with your money (or the IRS)💸

01/11/2024

🚨🚨🚨Hold off on filing your return. It “might” be an increase on the child tax credit.

They are trying to pass the 3600 per child again. We will have an update on January 29th.

Wait on your w2’s if you have not received them yet. It is a chance of an HIGHER REFUND ‼️

01/09/2024

01/09/2024

Everyone who filed with L&L Tax and Notary Service will be apart of HUB testing which means some of my company tax returns will be accepted early🎉

For everyone else the IRS opens on 1/29/2024🎉🎉

https://www.irs.gov/newsroom/2024-tax-filing-season-set-for-january-29-irs-continues-to-make-improvements-to-help-taxpayers

Get your taxes filed now to be in the first Batch of payouts ! https://calendar.app.google/7cig6RtkmMRuT5bm7