
Frequently asked questions
Vinyl decals and stickers can be printed with this firm. Attached is a link that showcases some of the work completed.
According to the Texas Comptroller, a request email can be sent to ifta@cpa.texas.gov requesting additional stickers.
The email should include the Taxpayer Name, Taxpayer Number, Requester Name, Phone Number, IRP Account Number, License Plate Number (for the additional trucks), and Number of sets (2 stickers per set for each side of the truck).
Download the Spaces app by clicking on the app store right on my website. Once in the app, reminders, announcements and updates right from the app. You can also see your customer statement and view/upload your files right from the app. If you dont have access to upload files please contact us and we will get you permissions to upload.
W-2 > From your employer and Shows your gross salary, retirement plan contributions through payroll, taxable benefits from your employer, Social Security, and Medicare tax
1099-MISC > From a business that pays you as a self-employed individual and includes Income sources generally include rents, prizes and awards, fishing boat proceeds, nonqualified deferred, compensation. or other income payments
1099-NEC > If you work as an independent contractor (non-employee compensation for a business.
1099-INT > From your bank where you earn interest on your checking/savings
1099-DIV > From a bank or another financial institution where you have dividend income from stock holdings
1099-B > Shows any realized capital gains or losses that need to be reported
1099 Composite > If you have an after-tax brokerage account, you may receive a compiled 1099 that includes a 1099-INT, 1099-DIV, and your 1099-B
1099-S > Sale of real estate property - issued by the title company
1099-Q > Any distributions from a 529 or other Coverdell ESA account
1099-R > If you took distributions from a retirement account. These include IRAs, pension plans, qualified annuities, 401ks, and other employer sponsored retirement plans
5498 > After you file your tax return. For your own records to show contributions made to individual retirement accounts
1099-G > Income received from the state or government (state tax refund, unemployment income, workers compensation, family paid leave)
1098 > Shows the amount of mortgage interest you paid.
1098T > Shows the amount of tuition paid
1095 > Shows whether you were covered by a qualified healthcare plan during the year, for which months and which family members were covered.
W-4 > Tells your employer how much tax to withhold from paycheck.
W-4V > Tells Social Security to withhold tax from your SS check.
941 Tax > employment taxes related to payroll/wages, usually paid monthly but depended on employer size.
940 Tax > Federal unemployment tax related to payroll/wages, recorded/paid quarterly.
K1 > Corporation tax
Copies can be purchased at $5 a tax return so long as your name is on the tax return in the event that Donna's Income Tax & Bookkeeping filed your taxes for the year you are requesting. Transcripts of filed tax returns can also be downloaded from the irs.gov website.
Do not pay anything without first verifying that the IRS was indeed the department that sent you the letter. There are numerous scams and there has been numerous letters being sent out to taxpayers claiming a balance is due when in reality there is no such balance. You can check the irs.gov website or come in.
Effective January 1, 2024, the recipient must electronically file Form 8300 within 15 days after cash transaction with FinCEN.
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The IRS distributes refunds at their own pace once your tax return has been filed. Refunds can be tracked via the irs.gov website with information from your tax return. Be aware that if the IRS issues your tax refund after April 15th interest will be applied and will need to be reported on the following tax years tax return.
I accept payment in the form of checks, cash, and credit cards. Please note that income tax refunds processed electronically are exempt from this rule because fees are deducted from the refund amount. Payment plans may be available at the discretion the preparer. However, if no payment plan is in place, processed paperwork will not be released until the balance on your account is paid in full. No payment plan will be accepted for clients that fail to pay entire balance. Beginning January 1, 2024 10% interest will be added to 30 day late invoices and continue to be added monthly until paid off.
While you have completed the identity verification process, the release of your refund is ultimately determined by the IRS. Typically, refunds are issued after April 18th and may include interest. If there are any issues with your account, the IRS will send you a letter, which you should keep for future tax purposes. Unfortunately, there is no way for me to expedite the process. However, you can track the progress of your refund on the IRS.GOV website.
FASFA opens every October for the following school year. The FASFA website allows tax returns to be pulled directly from the IRS website via a retrieval tool so long as you have a parent FSA ID and password. Be aware that people under the age of 24 are still provided aid based on their parents income unless they are married, serving in the armed forces, emancipated or a ward of the state. The main categories needed to complete the form include net income or both parents if applicable. If a hard copy of your tax return is needed for the financial aid office a copy can be provided for $10 or a transcript can be downloaded for free via the irs.gov website.
Earned income tax credit is a refunable tax credit that helps low earning taxpayers reduce the amount of tax owed by a dollar to dollar basis. Below is a chart from the IRS website detailing the comparison between the last few years AGI and maximum EITC that could be applied.
| 2020 | | 2021 | | 2022 | | 2023 | |
# of dependants | Single | Filed Joint | Single | Filed Joint | Single | Filed Joint | Single | Filed Joint |
0 children | 15820 | 21710 | 21430 | 27380 | 16480 | 22610 | 17640 | 24210 |
1 child | 41756 | 47646 | 42158 | 48108 | 43492 | 49622 | 46560 | 53120 |
Max credit amount | | | | | | | | |
0 children | 538 | 538 | 1502 | 1502 | 560 | 560 | 600 | 600 |
1 child | 3584 | 3584 | 3618 | 3618 | 3733 | 3733 | 3995 | 3995 |
All tax returns are mailed priority mail to the IRS. Clients phone numbers are entered into the system and progress of the parcel is texted to them. Tracking can also be conducted on the USPS.com
Starting January 1, 2024 every business that has filed documentation with the Secretary of State needs to file the BOI report unless exempt. Find out more https://www.fincen.gov/boi-faqs.