Facebook Tax Updates – Loyal Tax Service And Mobile Notary

Facebook Tax Updates

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4 months ago

Loyal Tax Service
📲 “Upload. Relax. Done.”💼 “Professional Tax Help Without the Big Office Prices.”⭐ “17 Years of Trusted Tax Service in Guilford County.” See MoreSee Less
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1 years ago

Loyal Tax Service
✨ Make Tax Season Easy and Stress-Free With Us! ✨With over 19 years of experience in the tax field, we’re here to take the stress out of tax season and put more money back in your pocket! 💰✅ Fast, reliable service you can trust.✅ Expert guidance to maximize your refund.✅ Tailored support for individuals, families, and small businesses.💡 Why wait? Need Money Today Let us handle the numbers so you can focus on what matters most.📞 Call us today or click the link below to schedule your appointment. Let’s make this tax season your best one yet! See MoreSee Less
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1 years ago

Loyal Tax Service
Standard Business Mileage Rate to Increase for 2025 – Did You Know?The IRS has announced that the standard mileage rate for business use of a vehicle will be 70 cents per mile in 2025, an increase of 3 cents over the 2024 rate. Note that this rate applies only to business miles driven on or after January 1, 2025. Self-employed people and small business owners who use the standard mileage rate must use the previous rate of 67 cents per mile to figure their 2024 vehicle expense deductions.In most cases, using the standard business mileage rate is optional. You may instead figure your deduction by tracking actual expenses like repairs, depreciation, auto loan interest, and fuel or charging expenses. Make sure to prorate each expense based on the percentage of your mileage traveled solely for business reasons. Also note that if you report actual expenses for the first year when you put a vehicle into service for business, then you generally must track actual expenses for all subsequent years as well.A tax professional can help you determine whether you qualify to deduct business vehicle expenses, and if so, help you find the most advantageous strategy to figure your deduction. See MoreSee Less
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1 years ago

Loyal Tax Service
Tax-related Gift Card Scams During the Holidays – Did You Know?The holiday season can bring a lot of joy, but unfortunately, it also brings a new wave of scammers trying to cheat Americans out of their hard-earned money. Many scammers impersonate the IRS or other government agencies and demand payment in gift cards.In one common version of the scam, a caller posing as an IRS agent threatens a person with tax and/or criminal penalties if the person does not immediately pay off a fictitious tax debt. The scammer may also send threatening text, email or voice messages with a callback number. Ultimately, the scammer demands that the person make payment by purchasing gift cards and sharing the card numbers and PINs.If you get a call or message from anyone demanding payment in gift cards, hang up or do not reply. The IRS will never call a taxpayer to demand payment in gift cards, prepaid debit cards or wire transfers. If you have legitimate concerns about your tax situation, including back taxes you may owe, a tax professional can help you handle the problem in a safe, secure way. See MoreSee Less
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