HOW THE AFFORDABLE CARE ACT AFFECTS YOUR TAXES
The Affordable Care Act has made some significant changes in how we file our taxes. For some it could be as simple as checking a box, for others it could mean additional forms to fill out. Depending on whom you obtained your health insurance from and when you got the health insurance can make a difference in how you file your taxes and what may occur. Here are some scenarios particular to you and what you may need for this tax season. IF YOU RECEIVED HEALTH COVERAGE FROM EMPLOYER OR GOVERNMENT PROGRAM (MEDICARE, MEDICADE,...
read moreTAX SCAMS!!!
Tax returns are a gold mine for scammers and identity thieves! Although the IRS has put many programs in place to prevent fraudulent returns, some are still passing through the safeguards. In 2011, more than 1 million fake tax returns were filed resulting in $3.5 billion in fraudulent refunds. It is very important that you protect your personal information and to make sure you keep your documents in a secure location. Here are a few tips of what to watch for and what to avoid. Ignore unsolicited emails from IRS A common way for thieves try to...
read moreREFER A FRIEND, RECEIVE A GIFT!!!
PLEASE JOIN OUR NEW REFERRAL PROGRAM & RECEIVE A GIFT CARD!!!
read moreTHE MOST OVERLOOKED TAX BREAKS!!!
SALES TAX For taxpayers who itemize deductions, the IRS offers the choice of deducting either state income taxes or state sales tax, whichever is higher of the two. This is important especially for states with no income tax, like Nevada! CHARITABLE DEDUCTIONS You can write off out-of-pocket costs incurred while doing work for a charity. If the totals are more than $250 you’ll need acknowledgement form the charities documenting your support. Also, if you drove your car for the charity you can deduct 14 cents per mile. CHILD TAX CREDIT Child...
read moreCARTLIDGE, CARTLIDGE & CO. ON THE PLUSH LIFE!!!
THE PLUSH LIFE This Saturday, February the 15th, The Plush Life will be doing a business showcase on Cartlidge, Cartlidge & Co., LLC! The program will start at 6:30pm on Channel 4 (KRNV NBC) right after the Winter Olympics. Please join us in watching this week’s business showcase of Cartlidge, Cartlidge & Co.!!!...
read more2013-2014 TAX CHANGES!!!
With the New Year came some new changes and expiration of some tax provisions. Here are a few changes you should to be aware of for 2013-2014. PERSONAL EXEMPTION/ DEDUCTION For the 2013 tax year, the personal exemption is $3,900. The standard deduction is $12,200 for married taxpayers filing jointly, $6,100 for singles and $8,950 for heads of household. For the 2014 tax year, the personal exemption is $3,950. The standard deduction is $12,400 for married taxpayers filing jointly, $6,200 for singles and $9,100 for heads of...
read moreREFER A FRIEND, RECEIVE A GIFT!!!
PLEASE JOIN OUR NEW REFERRAL PROGRAM & RECEIVE A GIFT CARD!!!
read more2014 TAXES ARE HERE!!
Welcome to 2014! It is time to get your tax, investment, and financial matters in order. We look forward to helping you in the upcoming months. Several Acts are now affecting all of us. The American Taxpayer Relief Act of 2012, The Patient Protection and Affordable Act, The Foreign Account Tax Compliance Act, The Tax Relief Unemployment Insurance Reauthorization and Job Creation Act, to name a few. Please take a moment to call us and set up your appointment. We want to see you this year! We will begin tax appointments on Monday,...
read moreHAPPY APRIL 15th!!!
We are so grateful for the passing of another April 15th ! You give us our livelihood and success each and every spring. Thank You for your continued commitment to Cartlidge, Cartlidge & Co., LLC. If we can help with any Tax, Business, or Investment needs please give us a call. THANK YOU AGAIN, AL, SANDY & STAFF
read moreVideo: Some of Our Business Services
Thanks for visiting our blog. I wanted to tell you a little about the other services we provide throughout the year here at Cartlidge, Cartlidge, & Co. We offer more than assistance with individual, business, trust, or estate taxes. We offer business valuation, IRS problem resolution, and litigation support. One example of our business services is business valuation, whether purchasing or selling a business, we have a formal process for doing this. Not that we ever want you to be in the situation that you require this service, we do...
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