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The Tax Advantage, LLC
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It is a gorgeous day in Indianapolis!

Tax Tip of the day:  Don't continue to procrastinate about your unfiled tax returns. Give us a call, we can get you back into compliance and set you up with a payment plan.

Remember: Tomorrow is Web Chat Wednesday!  Also, if you haven't already, enter in our contest for a chance to win a $50.00 Visa gift card!

Be sure to ask you tax preparer if you qualify for the $111 tax credit for timely filing your Indiana return.  You have until tomorrow.

Tomorrow is the 15th!  If you filed an extension please check and make sure your tax returns have been filed, or will be filed tomorrow.  You never know when Indiana will give away another $111 per tax payer for timely filing your tax return!

Tax Tip of the day:  If you are in the middle of a messy divorce please,  contact your accountant before signing anything relating to income taxes.  Just because you are married does not mean you must file a joint return.  You have the option of filing Married filing jointly and in some cases, if you have been separated the entire year you may qualify to file as though you are single.

Tax Tip of the day: Self-employed individuals and small business owners should keep good records of the miles they are driving.  They should distinguish business miles from commuting and personal mileage, and have an accurate total of all three. It is not okay to say “I drove about the same mileage as I did last year.”  There are apps you can download that will help you keep good records of your mileage.

Tax Tip of the day!!

Planning an office meeting? Meals brought in and eaten on the premises can give you a bigger deduction than taking your crew out to a restaurant and having the meeting off premises.

Kim West Padgitt, EA

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