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Newsome's Tax & Accounting
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Curious if you have to file this year? Check out this article and if you like the information, subscribe to our emails!
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Here's a hidden tax tip!
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Do you drive your car for your job? Don't forget to log your miles! You can get a mileage log at Wal-Mart or any office store or download an mile tracker app!
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Did your family recently grow? Or maybe you moved out of your parents house? Don't forget to update your tax withholding's when your household changes. Filing single 0 will have the most taxes taken out of your check but will also have the best chance of not owing anything at the end of the year. Your withholding's are your marital status (single, head of household, ect.) plus the number of people you claim (yourself, a spouse, child, ect.)
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Being that identity theft and fraud are such big issues, we have done numerous post and messages about what to look for. Here is another very IMPORTANT post about this topic. THE IRS DOES NOT CALL OR EMAIL YOU. They will send a letter informing you of any incorrect information and/or balance due. You can call them but if someone calls you telling you that you owe a balance, that is FRAUD. Don't give them your information.
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