Fernandez Auto Tags

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Tax Season is Approaching! Fernandez Business Center wants to share some tips and facts for those who need assistance or have questions about the tax process. We've compiled a list of 10 tax season facts you may not know: https://lnkd.in/eG2bKWck 10 Tax Season Facts: Tax Day: In the US, the traditional tax deadline is April 15th, but it can vary depending on the year. Filing Status: Your filing status (single, married filing jointly, etc.) significantly impacts your tax liability. Deductions & Credits: Utilize eligible deductions (like charitable donations) and credits (like the Child Tax Credit) to reduce your tax burden Self-Employment Taxes: If you're self-employed, you're responsible for both the employer and employee portions of Social Security and Medicare taxes. ? Estimated Taxes: If you're self-employed or receive income outside of regular employment, you may need to make estimated tax payments throughout the year. Tax Audits: The IRS may audit your tax return if they suspect discrepancies or errors. Tax Software: Tax software can help you accurately file your taxes, identify eligible deductions, and maximize your refund. Tax Professionals: Consider consulting a tax professional (like a CPA) for complex tax situations or if you have questions. Tax Scams: Be wary of tax scams, such as phishing emails and fraudulent refund offers. Tax Planning: Tax planning involves strategies to minimize your tax liability throughout the year, not just during tax season. Disclaimer: This information is for general knowledge and guidance only. Tax laws and regulations can change, and individual circumstances may vary. Call us for more information at 215-744-2500x2 #TaxSeason #TaxTips #TaxDay #FilingTaxes #Deductions #Credits #SelfEmployment #EstimatedTaxes #TaxAudits #TaxSoftware #TaxProfessionals #TaxScams #TaxPlanning #FinancialAdvice #Accounting

Tax Season is Here! Get ready to file your 2024 tax return with ease! Fernandez Business Centers at Fernandez Auto Tags offers a convenient and efficient solution for all your tax preparation needs. Our experienced team of professionals will guide you through the process, ensuring you maximize your deductions and minimize your tax liability. Call us today at 215-745-2500 x2 to schedule your appointment. #TaxSeason #TaxPreparation #FernandezAuto #BusinessCenters #FinancialServices #TaxTips #Accounting #TaxReturns #TaxFiling #PeaceOfMind #FinancialPlanning #SmallBusiness #TaxExperts #LocalBusiness #Community #SupportLocal https://lnkd.in/eT4uTuPm