The new year is here.
Get ready now to file your 2022 tax return.
Tips to kick off the 2022 tax season
Gather all required forms.
Report benefits you’ve received.
Claim credits you’re eligible for.
Understand where to go for tax help.
Give us a call to schedule a consultation.
Now that tax season has begun, we thought it would be fun to start out the season with some fun tax facts.
Did you know that in the U.K, everyone under the age of 75 years old must pay a tv license fee?
Got a beard? During Peter the Great’s time…He taxed men for having beards.
Costs for relocating your pet can be written off if you’re relocating for job reasons.
In the middle ages, soap was highly taxed…so we can only imagine what the average Joe smelled like…
In 2010, General Electric made over $4 billion in U.S. profits. It paid $0 in taxes.
Drug dealers beware…. If the income from illegal drugs is not included in your taxes on Form 1040, line 21 or on schedule C-EZ 1040; jail time will be extended longer for tax evasion.
In Maryland, each time you flush the toilet…you’re paying taxes on it. The average person pays $60 per year.
Texas has a “pole tax” which is a tax on strip clubs, peep shows, and nude dancing. The revenue from the tax goes to sexual assault victims and health insurance for the poor.
Did you know that in Texas…Belt buckles are taxed an additional 6.25 percent???
I guess because we get hit with the belt buckle tax, they have to cut us some slack somewhere. In Texas cowboy boots are exempt from sales tax. Hiking books are not.