Tag Archives for " Did you know "

*W4*Let Me Help You to Help You in The Long Run * W4*

                                                   

                                                                     W4

                 
      Let’s help you to not owe tax­es at the end of the year or to give you a lit­tle more back. If you are one of my cus­tomers and you owe after read­ing I’m going to be upset with you, seri­ous­ly. This form does impact your tax­es at the end of the year rather you want to believe it or not.
     SO WHAT IS A W4? A w4 is a form that your employ­er gives you when you first start work­ing at your job and it’s the Employ­ees With­hold­ing Allowance Cer­tifi­cate, it tells your jobs pay­roll peo­ple how much fed­er­al with­hold­ing to tax or hold from your pay­checks. Once that form is filled out it will present a SPECIAL num­ber and that SPECIAL shows the num­ber of allowance you have, and by that Spe­cial num­ber, they deter­mine your with­hold­ing.
     Hope­ful­ly, that part didn’t con­fuse you and your still here. Believe it or not, when I first start­ed doing tax­es I still didn’t know what to put for that spe­cial num­ber. W4 form

    When going through the paper to fig­ure out this once again a SPECIAL num­ber, you have to count your depen­dents because that’s where you get your exemp­tions. That’s a deduc­tion of $4,050 (as of 2016 tax­es). An EXEMPTION is basi­cal­ly a reduc­tion of the amount of income that is tax­able. if you make XYZ for the year and your have 3 dependent’s they reduce the amount of XYZ. Last year that num­ber was $4,000 it changes each year don’t quote me on this but I want to say by infla­tion.
    *if you can’t be claimed as a depen­dent by any­one else but your­self you then get one exemp­tion for your­self. If you are mar­ried with 1 kid under the age of 19 then you get three, and so on.

THE MORE ALLOWANCES YOU CLAIM, THE LESS TAX IS BEING TAKEN OUT OF YOUR PAYCHECK.{ YOU HAVE MORE PEOPLE TO FEED SO YOU NEED MORE MONEY OUT OF YOUR CHECK, IS HOW I EXPLAIN TO CUSTOMERS}
     -EACH ALLOWANCE REDUCE THE AMOUNT OF WITHHOLDING
      -NORMALLY YOUR ALLOWANCES ARE YOURSELF, DEPENDANT KIDS, AND YOUR SPOUSE
 
  The num­ber you claim on your w4 doesn’t nec­es­sar­i­ly have to match the num­ber you claim on your tax­es.
Claim­ing less dependent’s on w4 means that you’re hav­ing more tax being with­held which can result in you being a hap­py per­son once you file your tax­es because you are get­ting a big­ger refund. Also look at it as you’re being the nice con­sid­er­ate per­son your par­ents raised you to be and you’re giv­ing your won­der­ful gov­ern­ment an inter­est-free loan.
If you had a lot tak­en out and didn’t get it all back low­er your with­hold­ing. ITS YOUR MONEY AND YOU WANT IT NOW. Vice Ver­sa if you claimed more allowances and didn’t have the means to do so your gonna owe them some tax­es and you may be penal­ized.
       Below I’m going to break it down a lit­tle more for who­ev­er I may have con­fused, or I need to bet­ter elab­o­rate so the con­cept is well under­stood.

      These are my opin­ions this is what I would per­son­al­ly do, this is not me say­ing this is what any­one should do or this is the best thing to do. I AM ME AND YOU ARE YOU, AND THIS IS WHAT I WOULD DO.

ONLY ONE JOB
-sin­gle one allowance

YOU HAVE A CHILD-
add anoth­er allowance; for each child (got 4kids do sin­gle with 5 one for you and all your chil­dren)

SINGLE BUT WORKING TWO JOBS
-sin­gle zero; due to more mon­ey high­er tax rate you need more tak­en out.

STUDENT NO KIDS, NO SPOUSE UNDER 24 AND PARENTS  CAN CLAIM YOU
-Sin­gle zero allowances

MARRIED AND YOU BOTH WORK- I would say who­ev­er is get­ting paid more or actu­al­ly have a high­er AGI needs should claim.
     .Mar­ried and all the allowances (for high­er AGI spouse)

      -Mar­ried zero allowances(lower pay­ing job)

  

Anoth­er thing is you have a new baby or get mar­ried start anoth­er job I would sug­gest chang­ing your w4.


Did the Irs Call You ??

     

      I just got a call, it was a auto­mat­ed phone call stat­ing  the police author­i­ties were going to get me in 24 hours if I don’t con­tact them back or get what­ev­er issue solved. THE IRS DOESNT CALL PEOPLE AND DEMAND ANYTHING . So I just sat there and lis­tened I got the num­ber in case you may have received a call or in case you do 865–299-7097 . In case you did call back and it seems a lit­tle legit or to pro­fes­sion­al to not be real. I had a co-work­er call them back before and they had like a whole set up, placed her on hold to speak to the man­ag­er , once she said lawyer or some­thing they hung up. PLEASE DONT GIVE ANY PERSONAL INFORMATION OUT.
   If the irs does come your door, they should have two pieces of iden­ti­fi­ca­tion and you can ask to see it. They must show it to you and if not I per­son­al­ly wouldn’t talk to them or enter­tain who­ev­er. A audit per­son may call and that is  only to set up a appoint­ment. click here to see what iris may do and oth­er scams.  Don’t share your iden­ti­ty because you are scared and don’t give per­son­al info to some­one you have no idea who they are

Donald TRUMP

                DONALD TRUMP           









             Have you seen the news on CNN ?
It’s crazy how peo­ple are just now see­ing this guy for who he is. I per­son­al­ly believe he came in to run for office with an agen­da. Trump is a busi­ness man. I solute him 100 per­cent on his busi­ness mind­set. I am a firm believ­er mon­ey is the root of all evil and Trumps motive is mon­ey.
     The way he respond­ed to ques­tions in the media, his mind­less out­burst to jour­nal­ist was no way shape or form how any real human con­duct them­selves after the age of three. 
     Trump’s polit­i­cal posi­tions, and his descrip­tions of his beliefs, let’s just say change more often then I do before leav­ing the house. He has shown to be so much of a con­tra­dic­tion through out his elec­tion cam­paigns as well as in office. 
TRUMP GOES TO THE MIDDLE EAST TO STRIKE A DEAL. As I scratch the hell out of my head, think­ing wasn’t he say­ing he has evi­dence they were behind 9/11. This man is crazy and all over the place.He is  pop­ulist author­i­tar­i­an big­ot he favors the  for­tu­nate yes I mean the rich and he believes his is , so to speak life and every­one is below him. 
       He is caus­ing a tan­gled web ques­tions about the for­eign pol­i­cy of the Unit­ed States—about its exter­nal pur­pos­es, its inter­nal cohe­sion, and then wants to know its chances of suc­cess some­thing we don’t know or can be answered right off the back. . Yet to under­stand a moment as strange as this, we need to untan­gle what has hap­pened before it’s to late. 
     Angela Merkel Is con­fused as hell right now why he would be the only per­son not sup­port­ing the Paris cli­mate treaty. Which sup­pos­ed­ly he is sup­pose to with­draw hmm I won­der why. Noth­ing to do with the envi­ron­ment but I’m sure that look what he did for Amer­i­ca smh.   
   Just like I tell my chil­dren and every­one else 
PEOPLE AREN’T AGAINST YOU JUST FOR THEMSELVES .




Check out this in 

google play


Top 7 useful Tax Telephone numbers

                   LET ME SAVE YOU SOME TIME                  


      I know we all hate being on hold for for­ev­er, at least i do. I hate wait­ing for­ev­er and then some way some how i get dis­con­nect­ed. I seri­ous­ly hate it when im talk­ing to a rep­re­sen­ta­tive and then i get dis­con­nects. Not just with the IRS in  gen­er­al. I hate when they don’t call back yet you had to do all of that ver­i­fy­ing iden­ti­ty before you could tell them why u were call­ing. Mov­ing along i hope these num­bers get you to a live per­son soon­er then lat­er or in my world before my phone dies . 

Refund Hot­line
(800) 829‑1954

Tele­Tax
(800) 829–447

Talk To a Live Per­son
(800) 829‑0582 Ext. 652

 Tax Help Line(800) 829‑1040  l for human? press 1 for Eng­lish, then 0, 0 again
    FMS Trea­sury Off­set Pro­gram Refund Off­sets to oth­er debts 800–304-310
     Health Cov­er­age Tax Cred­it 866–628-4282
    Refund Hot­line (Need SSN, fil­ing status,amount ) 800–829-4477 or 
    on-line Refund Infor­ma­tion (use Tele­tax FIRST ) 800–829-1954 
    Trea­sury Off­set Pro­gram refund off­sets to oth­er debts 800–304-3107