Have You Done Your Taxes Yet?

Have You Done Your Taxes Yet?

This year, the cases for tax scams are expected to increase with every week that taxes are not filed. The more time you provide scammers to file your tax return for you, the more chance you have of not receiving it yourself. While we do not want to induce anxiety, we want you to be armed with the facts so you are not a victim this tax season. Identity theft can happen to anyone and it happens more frequently during tax season. If you have filed your taxes through a website, your chances of being scammed are even higher. When you are scammed of your tax return, it is very difficult to try to get that money back. The IRS is a very slow-moving entity with outdated systems to process requests, so it is very unlikely that you would be able to receive compensation. Additionally, you would need many hours of time and professional assistance in order to file a request...
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Have You Done Your Taxes Yet?

Have You Done Your Taxes Yet?

This year, the cases for tax scams are expected to increase with every week that taxes are not filed. The more time you provide scammers to file your tax return for you, the more chance you have of not receiving it yourself. While we do not want to induce anxiety, we want you to be armed with the facts so you are not a victim this tax season. Identity theft can happen to anyone and it happens more frequently during tax season. If you have filed your taxes through a website, your chances of being scammed are even higher. When you are scammed of your tax return, it is very difficult to try to get that money back. The IRS is a very slow-moving entity with outdated systems to process requests, so it is very unlikely that you would be able to receive compensation. Additionally, you would need many hours of time and professional assistance in order to file a request...
Read More
Have You Done Your Taxes Yet?

Have You Done Your Taxes Yet?

This year, the cases for tax scams are expected to increase with every week that taxes are not filed. The more time you provide scammers to file your tax return for you, the more chance you have of not receiving it yourself. While we do not want to induce anxiety, we want you to be armed with the facts so you are not a victim this tax season. Identity theft can happen to anyone and it happens more frequently during tax season. If you have filed your taxes through a website, your chances of being scammed are even higher. When you are scammed of your tax return, it is very difficult to try to get that money back. The IRS is a very slow-moving entity with outdated systems to process requests, so it is very unlikely that you would be able to receive compensation. Additionally, you would need many hours of time and professional assistance in order to file a request...
Read More
Have You Done Your Taxes Yet?

Have You Done Your Taxes Yet?

This year, the cases for tax scams are expected to increase with every week that taxes are not filed. The more time you provide scammers to file your tax return for you, the more chance you have of not receiving it yourself. While we do not want to induce anxiety, we want you to be armed with the facts so you are not a victim this tax season. Identity theft can happen to anyone and it happens more frequently during tax season. If you have filed your taxes through a website, your chances of being scammed are even higher. When you are scammed of your tax return, it is very difficult to try to get that money back. The IRS is a very slow-moving entity with outdated systems to process requests, so it is very unlikely that you would be able to receive compensation. Additionally, you would need many hours of time and professional assistance in order to file a request...
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Seniors and 2019 Taxes

Seniors and 2019 Taxes

Seniors, did you know that the Internal revenue Service (IRS) requires you to file a tax return if you are unmarried and at least 65 years of age? For the year 2019, if your gross income is $13,850 (not including Social Security benefits) or more, you are required to file. Individuals who earn income that is not tax-exempt that surpasses $13,850 and also receive social security checks must also file. If Social Security is your only source of income, there is no need to file. According to the IRS, people who do their own taxes are more likely to make mistakes. To avoid an audit or any errors, have a professional with years of experience help you! Brett Porter E.A. is a full-service accounting firm that serves the greater Volusia County area. They offer bookkeeping, incorporating, and tax planning services. They are part of the OurSeniors.net Approved Vendors family and deliver quality, personalized services to our community of seniors. Do not...
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It is not too soon to think about your tax return for 2018

It is not too soon to think about your tax return for 2018

It is not too soon to think about your tax return for 2018. Here are some important dates: Early Filing of 2018 Taxes has already begun January 28, 2019 IRS Started Processing Tax Returns (shutdown has ended) April 15, 2019 is the Tax Filing Deadline for 2019 October 15, 2019 is the Deadline for Extension Filers Even if a senior does not owe any income tax, it may be a good idea to file an income tax return. Many state and local programs that benefit seniors use the IRS tax return as a qualifying document. For example, seniors may qualify for an additional homestead exemption on local real estate taxes based on income, and eligibility for senior housing programs may require an income tax return. Don’t forget to look in the OurSeniors.net Directory of Approved Vendors to find help. In South Daytona, Port Orange and surrounding areas, contact Brett Porter, E.A. His page on Ourseniors.net is linked here: Brett Porter E A....
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Do you know the difference between a trust and a will?

Do you know the difference between a trust and a will?

Which one is best for your situation? If you establish a trust now, can it be revoked or altered at any time in the future? These and other questions were addressed at the “Brunch and Learn” program sponsored by Ourseniors.net last month. Board-Certified Tax Attorney, Andrew Grant, Esq., spoke on the topic, “Is a Will or Trust Right for Me?” If you missed this opportunity, you can still get answers to these and other important questions. To schedule an appointment with Mr. Grant, call 386-206-5926 today....
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Go By the Numbers with Brett Porter

Go By the Numbers with Brett Porter

Finances and money are two realities of life. Everyone has to deal with them at one time or another, with everything from annual taxes all the way to potentially serious financial issues involving businesses. While some people are excellent at taking care of it by themselves, most of us could use some help. That is when the services of a professional accountant are important, but finding one you can trust is not always easy. OurSeniors.net understands how hard it can be to find the right person to handle your accounting needs. That’s why we did the work for you. Meet Brett Porter, E.A., an OurSeniors.net-approved vendor. Brett Porter, E.A. is both a person and a full-service accounting firm serving the greater Volusia County area. He can assist you with tax preparation and tax concerns, bookkeeping, incorporation, payroll services, and more. Brett is a Florida native who studied accounting at the University of South Florida Tampa. After receiving his degree, he trained under Certified...
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Start to Plan Your 2018 Tax Return

Start to Plan Your 2018 Tax Return

For some of us, it was only three months ago that we scrambled to get our tax documents to an accountant or tax preparer. “Think ahead,” may not be the advice we want to hear about 2018 taxes when the deadline for those returns is still eight months away. But wait a minute!  Now is the time, especially if you are in some special situations. For 2018, the standard advice about saving receipts for medical expenses, mortgage interest payments, local taxes, charitable deductions and other deductible outlays still applies, but there is a big catch, and you should think about this in your tax planning.  Last year, the Congress passed and President Trump signed the “Tax Cuts and Jobs Act of 2017,” a law that can substantially change tax planning for some people. That law significantly raised the standard deduction that many taxpayers were taking, and by doing so made itemizing deductible expenses less attractive for many. The bottom line is this:...
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Tax day is here!

Today is Friday, the 13th! We hope it’s not bad luck to mention this, but your 2017 tax return is due on Tuesday, April 17th. If you have not even started, the best thing may be to file for an extension. A tax professional can help you do this and the Ourseniors.net website can help you find qualified and knowledgeable tax and accounting help.  Check these links: Brett Porter, E.A. in Port Orange and the greater Volusia County area (Ormond Beach to Edgewater, Deland to Daytona). John R. Dickinson, C.P.A. in Deland and surrounding Volusia County. Simone Velasquez Hoover, C.P.A. in the Palm Beach and Broward County areas. ...
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