1 / 7

5 Tax-Saving Tips For Tax Service

Taxpayers who are selling their homes could not be required to pay capital gains tax when they've resided in the house at least two times in the 5 years preceding the sale. Members of the military may be exempt from this tax if they receive orders that for them to relocate -but the rules are often complicated. To Visit Us http://www.etservicesva.com/

AlexaGabriel
Download Presentation

5 Tax-Saving Tips For Tax Service

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 5 Tax-Saving Tips For Tax Service www.etservicesva.com

  2. For Deployed Service Members • Many soldiers are aware that combat pay isn't tax deductible. This can save them thousands of dollars, and is already being reflected upon tax documents. www.etservicesva.com

  3. For Members Of The Reserve National Guard • When your Guard or Reserve tasks are over 100 miles from your home, you might be able to claim reimbursement for unreimbursed travel expenses. www.etservicesva.com

  4. Create An Online Tax Account With The IRS • Set up an account for tax online at the IRS is a fantastic method to access your tax forms without having to call the IRS by telephone or by mail. The feature allows you to login to your account, review balances on your payments and set up payment arrangements and access tax returns for prior years and tax forms for tax reporting. www.etservicesva.com

  5. Do Not Ignore The IRS • Taxpayers who do not file their tax returns or pay taxes or who file, but fail to pay their taxes in time risk serious penalties. The IRS Tax Service may seize assets if it is necessary. • If you find that the IRS has been sending you letters to inform you that they discovered an error in your tax return or says you owe tax back write a response -- but don't put off responding. www.etservicesva.com

  6. For Sellers Of Homes • Taxpayers who are selling their homes could not be required to pay capital gains tax when they've resided in the house at least two times in the 5 years preceding the sale. Members of the military may be exempt from this tax if they receive orders that for them to relocate -but the rules are often complicated. www.etservicesva.com

  7. Essential Business Services 13168 Piedmont Vista Drive Haymarket, VA 20169 (703) 754-2601

More Related