Brooks Finance & Accounting, Tax Preparation

02/21/2014

EXTRODINARY SPECIAL!!!! FROM 12:00 PM TO 1:00 PM - ANYONE THAT BRINGS IN THEIR DOCUMENTS CAN HAVE THIER FEDERAL AND STATE RETURNS FILED ELECTRONICALLY FOR $75!!! NO ELECTRONIC FILING FEES EITHER!!

DROP OFF ONLY....
CALL AND FIND OUT WHAT ALL YOU NEED TO BRING IN ORDER TO QUALIFY FOR THIS SPECIAL. 816-728-5590

02/21/2014

THREE PEOPLE HAVE TAKEN US UP ON THE FRIDAY SPECAIL!! THANK YOU VERY MUCH FOR YOUR SUPPORT! KEEP YOUR EYES PEELED FOR ANOTHER FRIDAY FACEBOOK SPECIAL!

02/20/2014

GET YOUR REFUND BACK IN AS LITTLE AS 10 DAYS!

Friday Special! Brooks Finance & Accounting, Tax Preparation is running an $89 special for Federal tax preparation! Only a limited number of returns will be processed during this special so call and reserve your spot! State returns only $10!

You can also make an appointment to drop off your documents and have them processed within 24 hours! Don't forget to call Brooks Finance & Accounting, Tax Preparation for all of your tax preparation needs! 816-728-5590.

AN AUTHORIZED E-FILE COMPANY.

12/11/2013

Thank you for giving us the opportunity to serve you this past year. Your business is greatly appreciated. Your many referrals are an expression of appreciation reciprocated so thank you very much for your referrals. "Your Success Is Our Business" is not just a motto - its the way that we do business at BFA.

Happy Holidays from Brooks Finance & Accounting!

We look forward to serving you this tax season!

02/16/2013

IRS Statement on "Where's My Refund?" Tool

Feb. 16, 2013

The IRS alerted taxpayers and the tax community it is experiencing high traffic on “Where's My Refund?” as more tax returns come in. The heavy volume of refund inquiries means that the IRS anticipates both "Where's My Refund?" on IRS.gov and the refund feature on the IRS2go phone app will have limited availability during busier periods.

Due to the large number of inquiries and to avoid service disruptions, the IRS strongly urges taxpayers to only check on their refunds once a day. IRS systems are only updated once a day, usually overnight, and the same information is available whether on the Internet, IRS2go smartphone app or on IRS toll-free lines. While "Where's My Refund?" is updated nightly, your account will not change that frequently.

The IRS is seeing a good start to the filing season, and tax refunds are being issued timely. Nine out of 10 taxpayers typically receive refunds in less than 21 days when they use e-file with direct deposit.

The IRS expects to see the number of tax returns — and related refund inquiries — steadily increase around the President's Day holiday week.

Here are some tips to help taxpayers with their refund questions:

Have the right tax information ready before using any of the IRS refund tools. This includes Social Security number, filing status and refund amount.
You don't need to check “Where's My Refund?” more than once a day as your information will not change.
To avoid system delays, the best time to check on refunds is evening and weekends.
There is no need to call the IRS about your refund; the telephone service has the same information that is available on “Where’s My Refund?”.

View the IRS statement at http://www.irs.gov/uac/IRS-Statement-on-Where's-My-Refund-Tool

The IRS alerted taxpayers and the tax community it is experiencing high traffic on “Where's My Refund?” as more tax returns come in. The heavy volume of refund inquiries means that the IRS anticipates both "Where's My Refund?" on IRS.gov and the refund feature on the IRS2go phone app will have limit...

12/21/2012

BFA has changed service providers for 2013 tax season (we decided to go fiber!) and as a result, we were unable to keep our old phone number(s). Please visit our website, or you can call our new office number at 816-743-8900 for any questions that you may have about your taxes or other financial needs.

10/08/2012

Brooks Finance & Accounting provides pick-up and drop-off service for the convenience of our clients for both tax preparation and accounting services.
We will come to your home, place of business, or other convenient location of your choosing.
http://www.brooksfinanceaccounting.com/Pickup-and-Dropoff-Service.html

Accounting Services, Tax Preparation, Authorized E-File Provider, IRS, Financial Services, Business Plans

10/07/2012

BFA Tax Preparation friends and family PLEASE READ THIS!!!

At the end of this year, NO MATTER WHO WINS the election, we will be facing the so-called "Fiscal Cliff"; this means that because the House controlled by the Republicans and the Senate controlled by the Democrats cant agree on a tax policy, the "Bush Tax Cuts" will expire on December 31st, 2012.

The end result is that your taxes AB
SOLUTELY WILL go up! It will probably take 30 to 60 days to come up with a tax plan to bring our taxes back down - or more. So PLEASE be proactive!! Plan on your paycheck being about $100 - $150 lower for a minimum of four (4) pay checks.

If you are operating on thin margins (living paycheck to paycheck), go light on Christmas this year and prepare yourself for what is definitely going to affect you beginning January 1st no matter what. Just think about it.... can you survive on $200 - $300 LESS per month?

Like I said, go LIGHT on Christmas this year and let everyone know why. Also, pass this post along to as many of your friends as you can.

From the staff at BFA Tax Preparation!

10/06/2012

Taxgirl Kelly Phillips Erb says many job search costs are deductible, but not when you're switching careers.

10/06/2012

Here are some things the IRS wants you to know about deducting costs related to your job search:

1.To qualify for a deduction, your expenses must be spent on a job search in your current occupation. You may not deduct expenses you incur while looking for a job in a new occupation.

2.You can deduct employment and outplacement agency fees you pay while looking for a job in your present occupation. If your employer pays you back in a later year for employment agency fees, you must include the amount you received in your gross income, up to the amount of your tax benefit in the earlier year.

3.You can deduct amounts you spend for preparing and mailing copies of your résumé to prospective employers as long as you are looking for a new job in your present occupation.

4.If you travel to look for a new job in your present occupation, you may be able to deduct travel expenses to and from the area to which you travelled.

5.You cannot deduct your job search expenses if there was a substantial break between the end of your last job and the time you begin looking for a new one.

For more information about job search expenses, see IRS Publication 529, Miscellaneous Deductions. This publication is available on IRS.gov or by calling 800-TAX-FORM (800-829-3676).

10/06/2012

Summertime is the season that often leads to major life decisions, such as buying a home, moving or a job change. If you are looking for a new job that is in the same line of work, you may be able to deduct some of your job hunting expenses on your federal income tax return.

Here are seven things the IRS wants you to know about deducting costs related to your job search:
1.To qualify for a deduction, your expenses must be spent on a job search in your current occupation. You may not deduct expenses you incur while looking for a job in a new occupation.


2.You can deduct employment and outplacement agency fees you pay while looking for a job in your present occupation. If your employer pays you back in a later year for employment agency fees, you must include the amount you received in your gross income, up to the amount of your tax benefit in the earlier year.


3.You can deduct amounts you spend for preparing and mailing copies of your résumé to prospective employers as long as you are looking for a new job in your present occupation.


4.If you travel to look for a new job in your present occupation, you may be able to deduct travel expenses to and from the area to which you travelled. You can only deduct the travel expenses if the trip is primarily to look for a new job. The amount of time you spend on personal activity unrelated to your job search compared to the amount of time you spend looking for work is important in determining whether the trip is primarily personal or is primarily to look for a new job.


5.You cannot deduct your job search expenses if there was a substantial break between the end of your last job and the time you begin looking for a new one.


6.You cannot deduct job search expenses if you are looking for a job for the first time.


7.In order to be deductible, the amount that you spend for job search expenses, combined with other miscellaneous expenses, must exceed a certain threshold. To determine your deduction, use Schedule A, Itemized Deductions. Job search expenses are claimed as a miscellaneous itemized deduction. The amount of your miscellaneous deduction that exceeds two percent of your adjusted gross income is deductible.

For more information about job search expenses, see IRS Publication 529, Miscellaneous Deductions. This publication is available on IRS.gov or by calling 800-TAX-FORM (800-829-3676).

10/02/2012