Those who wish to make donations should use the Tax-Exempt Organization Search (TEOS) tool on IRS.gov to help find or verify qualified, legitimate charities. https://lnkd.in/gYQhbsPh Taxpayers who give money or goods to a charity can claim a deduction if they itemize deductions, but these donations only count if they go to a qualified tax-exempt organization recognized by the IRS.
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📋 Monday Accounting & Tax Checklist 📋 Start your week strong with these must-do tasks to keep your finances on track! 💼 ✅ Review Weekly Cash Flow: Ensure your inflows and outflows are on target. ✅ Review Tax Deadlines: Don’t let important tax dates sneak up on you! ✅ Check Payroll Status: Make sure your team gets paid on time. ✅ Plan for Next Week: A little prep now makes future you thankful. 🔍 Need help managing your accounting or tax prep? Angel Oak Accounting is here to handle the details, so you can focus on your business!
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💡 Did you know? Keeping organized records of your expenses can help maximize your deductions. It’s not too late to start! Set aside time this week to organize receipts and track your spending—your future self will thank you. 📊 Need help streamlining your finances? We’re here to provide expert advice and personalized solutions. Reach out to us today and let’s grow your financial future together! 🌳
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Happy Wednesday! 🗓️ We’re halfway through the week, and it’s the perfect time to review your financial goals and stay ahead of the curve. Whether you're budgeting, planning for tax season, or working on your business strategy, every small step counts. 💼 Need advice on managing your finances or preparing for year-end? Our team at AOA is here to help you make smart moves! 🔗 Contact us today to keep your financials in check.
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Start this week with a fresh mindset and let us handle the complexities of your finances. At AOA, we specialize in transforming your financial challenges into opportunities. From tax planning to accounting services, our team is here to help you achieve your goals with ease and confidence. 🔹 Focus on what you do best – we’ll handle the rest.
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If you would like to donate to the victims of Hurricane Helene, consider donating to this local, Charleston group that's making a difference. https://hubs.li/Q02SgLj10
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🌟 Happy Friday from AOA! 🌟 As we head into the weekend, we wanted to remind you that tax season and year-end planning are just around the corner! Now’s the perfect time to get ahead of your finances. 💼📊 Whether you’re a business owner or an individual, our expert team is here to help you navigate tax strategies, maximize deductions, and keep your books in tip-top shape. Let’s close the year strong! 💪 📅 Schedule a consultation today to set yourself up for success in 2024! Have a wonderful and productive weekend! 🌿
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🌿 It’s Almost the Weekend! Let's Finish Strong! 🌿 At Angel Oak Accounting, we love Thursdays! It’s our day to wrap up, reflect, and prep for the week ahead. From bookkeeping to taxes, we make sure your business finances are on point so you can head into the weekend with peace of mind. 💼✅ Need help managing your business finances? Let’s chat and take one thing off your plate! 843.419.6953
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The IRS announced disaster tax relief for all individuals and businesses affected by Hurricane Helene, including the entire states of Alabama, Georgia, North Carolina and South Carolina and parts of Florida, Tennessee and Virginia. Taxpayers in these areas now have until May 1, 2025, to file various federal individual and business tax returns and make tax payments. Among other things, this includes 2024 individual and business returns normally due during March and April 2025, 2023 individual and corporate returns with valid extensions and quarterly estimated tax payments. Individuals and households that reside or have a business in any one of these localities qualify for tax relief. The same relief will be available to other states and localities that receive FEMA disaster declarations related to Hurricane Helene. The current list of eligible localities is always available on: https://lnkd.in/dENHbiR
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Here's the information taxpayers may need. Not all information applies to all taxpayers: - Social Security numbers of everyone listed on the tax return. - Bank account and routing numbers for direct deposit or information to make a tax payment. - Forms W-2 from employer(s). - Forms 1099 from banks, issuing agencies and other payers covering such payments as unemployment compensation, dividends and distributions from a pension, annuity or retirement plan. - Form 1099-K or 1099-MISC or other income statement for workers in the gig economy. - Form 1099-INT for interest received. - Other income documents and records of virtual currency transactions. - Form 1095-A, Health Insurance Marketplace Statement. - Information to support claiming other credits or deductions such as receipts for child or dependent care, college expenses or donations.
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