TaxZerone’s Post

💰 Tax season is here! Are you ready to maximize your refund? 🧾 Discover top tax planning strategies that can help you keep more of your hard-earned money. Whether it’s claiming deductions, contributing to RRSPs, or tax-loss harvesting, these tips will put you ahead of the game. Let’s dive into how you can make tax season work for you. 🌟 Contact us📱 📞 Call: 416-504-0337 📧 Email: fahim.dadan@cartewm.com 🔗 buff.ly/4dV1eGd #TaxPlanning #MaximizeYourRefund #RRSP #TaxDeductions #FinancialPlanning

Hey businesses and employers! The fourth quarter is here, and that means important tax deadlines are approaching. Stay ahead of the game and avoid penalties by marking these key dates on your calendar: October 31 Employers: Reporting income tax withholding and FICA taxes for third quarter 2023 (Form 941) and paying any tax due. November 12 Individuals: Reporting October tip income, $20 or more, to employers (Form 4070). Employers: Reporting income tax withholding and FICA taxes for third quarter 2022 (Form 941), if you deposited on time and in full all of the associated taxes due. December 10 Individuals: Reporting November tip income, $20 or more, to employers (Form 4070). December 16 Corporations: Paying the fourth installment of 2023 estimated income taxes. Partnerships: Paying the fourth installment of 2023 estimated income taxes. December 31 Employers: Establishing a retirement plan for 2023 (generally other than a SIMPLE, a Safe-Harbor 401(k) or a SEP) Need help navigating these deadlines? We're here to assist! Contact us for professional guidance and support. 🤝 #taxdeadlines #q4taxes #businesstaxes #taxfiling #dontmissthedeadline #taxtips #getorganized #stayahead #taxseason #accounting

𝗛𝗼𝘄 𝗪𝗶𝗹𝗹 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗗𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻𝘀 𝗖𝗵𝗮𝗻𝗴𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 𝟮𝟬𝟮𝟱 𝗧𝗮𝘅 𝗬𝗲𝗮𝗿? Here are some important updates for taxpayers regarding the 2025 tax year: Standard Deductions Increase: 1. Single Filers & Married Filing Separately: The standard deduction rises to $15,000 (up $400 from 2024). 2. Married Filing Jointly: The standard deduction increases to $30,000 (up $800 from 2024). 3. Heads of Household: Expect a standard deduction of $22,500 (up $600 from 2024). These adjustments mean potential tax savings for many! #TaxUpdates #2025TaxYear #StandardDeductions #Accounting #TaxPlanning2026

Jumpstart your tax season prep! Gather W-2 and 1099 essentials now to avoid last-minute panic. From verifying employee info to checking addresses, a little early prep goes a long way. #TaxSeasonReady #SmallBusinessTips #StressFreeFiling https://bit.ly/3Z5LjAp

Jumpstart your tax season prep! Gather W-2 and 1099 essentials now to avoid last-minute panic. From verifying employee info to checking addresses, a little early prep goes a long way. #TaxSeasonReady #SmallBusinessTips #StressFreeFiling https://bit.ly/3Z6CtT2

Jumpstart your tax season prep! Gather W-2 and 1099 essentials now to avoid last-minute panic. From verifying employee info to checking addresses, a little early prep goes a long way. #TaxSeasonReady #SmallBusinessTips #StressFreeFiling https://bit.ly/3O87xvm

💰 Tax season is here! Are you ready to maximize your refund? 🧾 Discover top tax planning strategies that can help you keep more of your hard-earned money. Whether it’s claiming deductions, contributing to RRSPs, or tax-loss harvesting, these tips will put you ahead of the game. Let’s dive into how you can make tax season work for you. 🌟 Contact us📱 📞 Call: 416-504-0337 📧 Email: fahim.dadan@cartewm.com 🔗 buff.ly/4dV1eGd #TaxPlanning #MaximizeYourRefund #RRSP #TaxDeductions #FinancialPlanning #FinancialPlanning

Jumpstart your tax season prep! Gather W-2 and 1099 essentials now to avoid last-minute panic. From verifying employee info to checking addresses, a little early prep goes a long way. #TaxSeasonReady #SmallBusinessTips #StressFreeFiling https://bit.ly/48TRPNN

Upcoming Tax Deadlines! Here’s what you need to know: 🗓️ September 16 - Individuals: Time to pay the third installment of 2024 estimated taxes (Form 1040-ES) if not withholding enough income tax. - Calendar-year Corporations: Pay the third installment of 2024 estimated income taxes and complete Form 1120-W. - Calendar-year S Corporations: File your 2023 tax return (Form 1120-S) and provide shareholders with Schedule K-1. Also, make 2023 contributions to employer-sponsored retirement plans if you filed an extension. - Calendar-year Partnerships: File your 2023 tax return (Form 1065 or Form 1065-B) and provide partners with Schedule K-1. - Employers: Deposit Social Security, Medicare, and withheld income taxes for August. Don’t forget nonpayroll withheld income tax as well. 🗓️ September 30 - Calendar-year Trusts & Estates: File your 2023 income tax return (Form 1041) if you filed a five-and-a-half-month extension. Pay any due taxes, interest, and penalties. 🗓️ October 10 - Individuals: Report September tip income of $20 or more to your employer using Form 4070. Stay on top of these dates to keep everything in check! 📈💼 . . #SummersgillCPA #TaxTips #IRSDeadlines #Finance

Jumpstart your tax season prep! Gather W-2 and 1099 essentials now to avoid last-minute panic. From verifying employee info to checking addresses, a little early prep goes a long way. #TaxSeasonReady #SmallBusinessTips #StressFreeFiling https://bit.ly/4hHLbhz