Want to learn how to prepare income taxes? Roberts Dynasty LLC will be conducting a course this fall, where you can learn this valuable skill. No previous experience is required, which makes this course the perfect launchpad to begin a new career in the tax preparation field. The course will be September 29th to NovemberRead more about Learn How to Prepare Income Taxes[…]
Tax Deductions for Educators
School is back in session in most areas, and students and teachers are again returning to the classroom. It’s unfortunate, but many teachers find themselves having to pay for necessary classroom supplies our of their own pocket. The educator expense deduction allows these eligible teachers and administrators to deduct part of the cost of technology,Read more about Tax Deductions for Educators[…]
Is Your Worker a Contractor or an Employee?
As a business owner, you might pay an independent contractor and an employee for similar – or even the same – work, but there are key legal differences between the two. If you hire workers, it’s critical that you correctly determine whether these workers are employees or independent contractors. Here’s some information to help youRead more about Is Your Worker a Contractor or an Employee?[…]
IRAs Are One Tool in the Retirement Toolbox
There are many ways people plan for retirement. Individual Retirement Arrangements, or IRAs, are a common one. IRAs provide tax incentives for you to make investments that can provide financial security for you and your family once you retire. These accounts can be with a bank or other financial institution, a life insurance company, mutualRead more about IRAs Are One Tool in the Retirement Toolbox[…]
A Primer on Business Related Travel Deductions
Business travel can be costly. Hotel bills, airfare or train tickets, cab fare, public transportation – it can all add up fast. The good news is that if you travel for business, you may be able off-set some of those costs by claiming business travel deductions when you file your taxes. Here’s what you needRead more about A Primer on Business Related Travel Deductions[…]
Increased Mileage Rate for Remainder of 2022
The Internal Revenue Service announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes. For the final 6 months of 2022, the standard mileage rate forRead more about Increased Mileage Rate for Remainder of 2022[…]
Kids, Summer Jobs, and Taxes
A lot of young people find themselves going into business each summer. Jobs like babysitting, lawn mowing, and dog walking teach responsibility and the value of hard work. But they also might come with an unexpected tax bill, because – whether they realize it or not – many of these young entrepreneurs are self-employed, andRead more about Kids, Summer Jobs, and Taxes[…]
It’s Time to Review Your Federal Withholding
It’s that time of year again. Summertime! The time of year when we all enjoy warm weather, vacation, and reviewing our federal tax witholding. Well, maybe we don’t all enjoy reviewing our federal tax witholding, but it’s definitely something that we all should do each year. And summertime is a good time to do it.Read more about It’s Time to Review Your Federal Withholding[…]
Customer Appreciation Day – POSTPONED
Due to unforeseen circumstances, this event has been postponed. We will make another announcement when it has been rescheduled. You are invited to Roberts’ Dynasty LLC for our Customer Appreciation Day! We offer this as a grateful shout-out to our dedicated customers. There will by music, refreshments, and face painting! Saturday, July 30, 2022 12:00Read more about Customer Appreciation Day – POSTPONED[…]
Summertime Tax Planning Tips
Now that Memorial Day has passed, many people are thinking more about summer vacations than taxes. But summer is a great time to review withholding and see if your summer plans will affect next year’s tax return. Here are some common summertime tax situations and tips to help you figure out if they apply toRead more about Summertime Tax Planning Tips[…]