Who is required to file taxes?

Filing Status
Age
Gross Income of at Least
Single

Under 65

65 or older
$8,950

$10,300
Married Joint Filing

Under 65
(both spouses)

65 or older
(one spouse)

65 or older
(both spouses)
$17,900


$18,950


$20,000
Head of Household

Under 65

65 or older
$11,500

$12,850
Qualifying Widow(er) with Dependent Child
Under 65

65 or older
$14,400

$15,540

 

 

When are the filing deadlines?
Tax Due
If Extended
1040

April 15
October 15
Business

March 15
September 15
Non-Profit

May 15
N/A
Estates Tax

9 months after death
N/A
Gifts Tax

N/A
N/A
Payroll Tax

usually by the 15th of following month
N/A
Payroll Returns

usually by the 30th of the month following calendar quarter
N/A
Sales Tax

by 20th of following month
N/A

** If the due date falls on a Saturday, Sunday, or legal holiday, the due date is extended to the next business day.

 

 

Choosing Married Filing Separately Filing Status

Advantages:

yeend No joint liability. Married taxpayers who file separate returns are not liable for the accuracy of their spouse's returns or for the payment of their spouse's tax.

yeend If one spouse owes child support or federal debts for which a tax refund may be offset, the other spouse's refund is not at risk.

yeend Some couples pay less tax. If one spouse has large deductible medical expenses subject to the 7.5%-of-AGI floor or large deductible expenses subject to the 2%-of-AGI floor, these deductions may result in a lower tax when the spouses file separately.

Disadvantages:

yeend Tax rate is generally higher than on a joint return

yeend Exemption amount for figuring the alternative minimum tax will be half that allowed on a joint return.

yeend The amount excludable from income under an employer's dependent care assistance program is limited to $2,500 (instead of the $5,000 limit for a joint return).

yeend Capital loss deduction limit is $1,500 (instead of the $3,000 limit for a joint return).

yeend If one spouse itemizes deductions, the other cannot claim the standard deduction.

yeend The standard deduction is half the amount allowed on a joint return.

yeend If one spouse meets the requirements to take a deduction, but the other spouse actually paid the expense, neither spouse can take the deduction.

 

 

Where do I send my taxes when I live in Florida?

Form 1040 with No Payment Enclosed:
Internal Revenue Service
Atlanta, GA 39901-0002

 

Form 1040 with Payment Enclosed - Tax Return Preparers:
Internal Revenue Service
P.O. Box 105017
Atlanta, GA 30348-5017

 

 

What accounting software is best?

yeend Intuit Quickbooks

 

 

What should I bring to my appointment?

To help save you time and money, review the following list as you prepare for your tax interview. If available, bring the applicable items from this list to your tax interview, to help us prepare a tax return.


General Items:

yeend Social Security Card(s)
yeend Driver's License(s) or picture ID(s)
yeend Dependents' Social Security Numbers & Dates of Birth
yeend Last Year's Federal and State Tax Returns

Income:

yeend Wage Statements - Form W-2
yeend Pension or Retirement Income - Form 1099-R
yeend Interest and Dividend Income - Form 1099-INT / Form 1099-DV
yeend State Income Tax Refund Amount - Form 1099-G
yeend Social Security Income - Form SSA-1099
yeend Unemployment Income - Form 1099-G
yeend Comissions Received/Paid
yeend Information on sales of Stocks or Bonds - Form 1099-B, include date purchased and cost
yeend Self-Employeed Business/Farm Income & Expenses - Form 1099-MISC
yeend Lottery or Gaming Winnings - Form W-2G and Lottery or Gambling Losses
yeend Income and Expenses from Rentals
yeend Income from Partnerships, S Corporations, Trusts and Estates - Schedule K-1
yeend IRA Contributions
yeend Alimony Paid or Received

Deductions and Tax Credits:

yeend Child Care Expenses & Provider Information
yeend Medical, Eye Care and Dental Expenses
yeend Cash and Non-cash Charitable Donations
yeend Mortgage or Home Equity Loan Interest Paid - Form 1098
yeend Real Estate and Personal Property Taxes Paid
yeend Sales Tax Paid on purchase of vehicle, boat or RV
yeend Unreimbursed Employment-Related Expenses
yeend Job-Related Educational Expenses
yeend Tuition and Education Fees - Form 1098-T
yeend Student Loan Interest - Form 1098-E
yeend Estimated Taxes

yeend Back to Top

Information Corner

What do I need to bring to my appointment?
To help save you time and money, review the following list as you prepare for your tax interview. If available, bring the applicable items from this list to your tax interview, to help us prepare a tax return.

For the full list, click here.

What are your fees?
We strive to be competitive in the current market place.

yeend Personal Tax returns start at $345

yeend Business returns start at $395

Depending on services and level experience rendered:

yeend Hourly rates range from $145 - $245
Where are you located?
We are located at:
1109 South Congress Avenue
West Palm Beach, FL 33406

Click here for map or driving directions.

Contact information

Yeend, Castaneda & Flynn, LLP
1109 South Congress Avenue
West Palm Beach, FL 33406
Phone: 561-642-4200
Toll Free: 877-819-3363
Fax: 561-642-4325
E-mail: johnyeend@aol.com