Tax Advice | TaxGenuity, Inc. - Tax Experts & IRS Problem Solvers

Six Tax Changes Benefitting Taxpayers in 2013

by TaxGenuity Tax Experts | Feb 16, 2014 | Tax Advice

Thanks to the passage of the American Taxpayer Relief Act of 2012 (ATRA) in January 2013, several tax provisions were extended through 2013 that are of benefit to taxpayers filing 2013 returns this year. Here are six of them: 1. Mortgage Insurance Deductible as...

Identity Theft and Tax Returns: Tips for Taxpayers

by TaxGenuity Tax Experts | Feb 12, 2014 | Tax Advice

Refund fraud caused by identity theft is one of the fastest growing crimes nationwide. Learn more about what the IRS is doing to protect your identity. Stopping refund fraud related to identity theft is a top priority for the IRS. With more than 3,000 employees...

Financial Troubles? 5 Ways to Improve Your Situation

by TaxGenuity Tax Experts | Feb 8, 2014 | Tax Advice

If you are having trouble paying your debts, it is important to take action sooner rather than later. Doing nothing leads to much larger problems in the future, whether it’s a bad credit record or bankruptcy resulting in the loss of assets and even your home. If...

2014 Tax Season is Open for 1040 Filers

by TaxGenuity Tax Experts | Feb 5, 2014 | Tax Advice

The 2014 tax season for individual taxpayers filing their 2013 tax returns opened on Jan. 31 this year, 10 days later than usual due to the 16-day federal government closure in October. Small businesses that report their income on Form 1040 on Schedule C, Profit or...

Do You Qualify for the Saver’s Tax Credit?

by TaxGenuity Tax Experts | Jan 30, 2014 | Tax Advice

Low and moderate-income workers still have time to make qualifying retirement contributions and get the saver’s credit on their 2013 tax return. Also known as the retirement savings contributions credit, the saver’s credit is available in addition to any...

IRS Announces 2014 Standard Mileage Rates

by TaxGenuity Tax Experts | Jan 25, 2014 | Tax Advice

Beginning on Jan. 1, 2014, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) used for business, charitable, medical or moving purposes is: 56 cents per mile for business miles driven 23.5 cents per mile driven for medical or moving...

We Are Excited to Announce the Opening of Our New Office!

by TaxGenuity Tax Experts | Jan 20, 2014 | Tax Advice

TaxGenuity Tax Experts – Office in Clearwater, Florida Our office is located at 1818 Drew Street, in Clearwater, Florida. We are one block east of Keene Road on the north side of the street. Our building is a Key West style building, with a silver metal...