INDIVIDUAL TAX PREPARATION

Did you know that if you spend money for things like job related car expenses, travel or tools, you get no tax deduction at all? The Unreimbursed Employee Expenses are no longer deductible for tax year 2018 and on.

The new tax reform eliminated this deduction, but according to the IRS in the 2019 Tax Forum, there are still taxpayers who erroneously claimed this deduction in their tax return.

At TAXokay we keep up with the new regulations to guide and educate to our clients and to ensure they are compliant with the Tax filing requirements

We prepare Income Tax Returns for different taxpayers such as:

• Employees and Self-employed 

• Individuals with rental income

• Individuals with retirement income

• Business owners of pass-through entities (partnerships, or LLCs)

• Kids: A child can earn up to $12,200 (earned income) without paying income tax, but if he or she has unearned income (interest and dividends) over of $1,100.00, the kid must file a tax return.

At TAXokay we are committed to prepare your individual return accurately, with the most tax savings you can lawfully obtain at an affordable price