2024 September Tax Tips Newsletter
Welcome to Von’s Traveling Tax Service’s first Monthly Tax-Tips Newsletter!!
Tips to help you with your 2024 tax return!
Families With Children:
The YEAR your teen turns 17 … the Child Tax Credit is REDUCED by $1,500 and could impact your refund or put you in to an owing situation with the IRS!
Home Owners (and Vacation Property):
New Exterior Doors, Windows, Insulation, Heating/AC – up to a $1,200 tax CREDIT.
Retirees / Pensioners:
As of 2024, Social Security benefits are taxable when INCOME (which includes ½ of SS) totals over $25,000 (Single) or $32,000 (MFJ).
Small Business Owners:
Categorize and total your expenses – this shows you where you need to adjust your spending!
EVERYONE!
*Do you have a BLUEPRINT of your income and expenses??
* Working on your WILL?
* Retiring soon?
Questions? Comments? Need Help?
Email: [email protected]
P.S. Check out Liberty Comfort Quilt’s webpage at the LIBERTY tab! Thank You!!