If you are like many Americans coming out of this pandemic, your life may be different in many ways. One way is that you may have found yourself earning income in a way you never have before. With so many people exploring alternate income avenues, now is a good time to talk with a tax expert about ways to make sure you don't end up with a huge tax bill in April. I've put together some simple and highly effective gems that can help you save on your taxes, and maybe even help you build some savings and/or wealth. The first thing to remember about taxes is that there is a distinct difference between evasion and avoidance. Avoidance is not going to land you in a prison cell. Avoidance is what good tax professionals are skilled at helping taxpayers accomplish. Before we explore strategies, it is important for me to mention to all of you out there earning gig income selling goods and services online is that the IRS will know about it whether you...
This will be my last tax season. I am not taking any new clients. I am only doing a select few tax returns for some very long term clients and family. It is my deepest wish that I will be able to retire from this industry at the end of this season. I have seen so much happen in this industry since I entered it in 1989. My career has been a lifetime of love/hate relationship with tax prep. I love helping my clients save money and avoid paying more tax to the wasteful government, but I hate being the middle man between the citizen and the IRS. I sincerely hope that our government stops taxing its citizens to the point of poverty. Thank you for so many years of business and may the odds ever be in your favor. ~Jen
Contact me to get started: Jen@McCrackenTax.com Welcome! My name is Jennifer McCracken, and I have been working in Accounting and Tax Preparation since 1989. I participate in the IRS's annual preferred preparer program that requires tax preparers to keep up with the latest changes to the tax code just like CPAs and EAs have to do. The only difference is that I didn't get a masters degree, or sit for a long test. I work from my home office in order to keep my fees affordable and competitive. If you dread dealing with the IRS, and want a tax preparer that dislikes them just as much, or maybe more, I'm your girl. My goal as a preparer is to capitalize on every credit/deduction that I can legally get for my clients. I don't want my clients to pay the government any more than is absolutely necessary. I try to keep the process easy and convenient. In compliance with the IRS codes, I use secure servers to exchange documents. I have...