Harold Goffeney Cpa
About
6 years college
2400 hours continuing education
Certified Public Accountant 1995
Quarterly estimate taxes Q1,Q2,Q3,Q4
Tax basis Reviews for Banks or Equipment loans, Assets acqusitions
IRS tax negotiations, reduced tax liability
I sole proprietorship you might be able take advantage of " Pass-through " benefits usually only for corporations.
Shelter up to $100,000 of incine W2 included depending on scenario Tyars tax saving $32,000 if you qualify.
I posted form profile clips give clients idea of what type information needs be collected to file Rental Real Estate Either schedule C, or E. Information needs be verified proven matches your business :
Bank statement, cancel checks, titles, documents support existence of business
Verifiable evidence is needed file business return prevents fraudulent business from make up tax returns.
Please view business tax return items. Compile, gather information
Let's talk about it receive a fair price
Current Developments : Health care act:
Nol Law: allows businesses to get federal refund on taxes 2013-2018 ,paid on losses ..loop ...say corp tax rate 35% profits 5 years 500k tax paid $175k fed. No, 2019 loss 500k..nol will get you back $175k refund + interest if any....loop is open...
100% deduction charity for 2020 limit AGI
50% self employed se credit up to $5,000
Nol credits for federal taxes paid to 2013 to 2023 business
2015 individual unclaimed credits
Hurricane credits
Employer child tax credits up to $10,000
1120 conglomerate taxes pertain Healthcare Act
PPP credits 941 to 7200 capped 75%
Educational Credits up to $2,000
Earned Income Credits
Health care deductions, penalties could be $7000 per employees
Support your tax numbers penalties for corporate fraud returns $500,000
Individuals fraud returns penalties up to 100,000
Tax preparers penalties up to $26,500
If you need guidance for doing taxes & willing pay for instructions verbal or written or sample returns as it would pertain to your situation..say about $50 for 1 hour of tutoring live help..please realized tax law is complex topics need be research to find appropriate section of law.so, not all ? Can be answer impromptu but most basic can be.
How do you help me help you?
Text me or email me...give me idea..employee or business...I owned home, rent, have kids, college? Heak4 insurance the basic. High income 100k or low income 10k, or averqge... that sets up your taxes...
#1 how did you earned income?
A) work
B) business
C) passive ( bonds, stocks, real estate)
D) how many hours did you. Participate in your business?
E) type business? Type expenses?
F) get paperwork require ready to support tax deductions or credits, income..organized
G) have ? You need help with ready?
To get taxes file:
Name, address, social security, EIN. Bank account- refund deposit.
The rest are filling in numbers on forms, apply laws, merge or transpose forms.
H) pick good time to discuss your taxes..is either your refund get money or you owe money..
Remote mainly, Research topics, constant updating, training, learning current events.
Money
Highlights
Photos and videos
No reviews (yet)
Frequently asked questions
What is your typical process for working with a new customer?
Remote prefer.
Data files
Real Estate S corp, C corp
Sam's loans
Capital Gains PassThrough
Gains real estate reduced Basis
Escrow installment sales
$25,000 passive credit
Real estate 1031
500,000 home sale exclusions rules
IRC code, GAAP, GAAS, Aicpa.
Payment upon service render.