TheSmallBusinessCPA.com
Schnaufer & Walker, P.C. CALL US (972) 798-
CPA Services & Tax Reduction Strategies
Are you Self Employed?
Do you have a Home-
The CPA office of Schnaufer & Walker assists individuals and
families with home-
by an average of $2,000 to $10,000 per year!
Not sure if you are missing deductions
that would put cash back in your pocket?
Ask yourself these 10 questions!
1. Are you taking part in the "Federal Free Gas Program"? If not, you may be throwing
away thousands of dollars each year -
2. Are you deducting all of your medical expenses each year (not on Schedule A, Itemized Deductions, where they must exceed 7.5% of Adjusted Gross Income)?
3. Are you currently claiming tax deductions for funding your children's weddings, music lessons, allowances, school clothing, braces, etc.??
4. Are you deducting your "vacations"?
5. Are you deducting a percentage of your rent, mortgage interest, real estate taxes, roof repairs, new carpeting, landscaping, utilities, cleaning supplies, etc. in your home business?
6. Are you deducting much of your entertainment expenses?
7. Are you claiming deductions for cell phones, computers and printers, desks and other furniture, and supplies used for business?
8. What about your retirement accounts? Is an adequate tax deferred savings plan in place?
9. If you currently use one car for business purposes, are you aware that spreading the same total business mileage between 2 vehicles could increase your vehicle deductions, thus putting more money back into your pocket? Has your software or current return preparer ever shown you this?
10. Have you been told that you can not deduct net losses every year because of the "hobby loss" rules? There is a way to set up your business that allows you deduct losses EVERY year, not just in 2 out of 5 years.
If you answered "NO" to any of these 10 questions,
does this concern you?
How much has it cost you to not implement
tax reduction strategies such as these?
And this is just the start!
There are many more deductions you might be missing on your tax return!
Tax return software and most tax return preparers will not help you get these deductions!
The ever-
You see, you would not go to a foot doctor for lasik surgery on your eyes, and you would not go to a bankruptcy attorney if you were charged with a homicide. So why go to just anyone when it comes to filing your income tax returns?? Many people can fill out tax forms. However, you should find someone who will also advise you and work with you on what you can do to minimize your tax bill.
WHO WILL BENEFIT?
Network Marketers
Real Estate Investors
Realtors
Electricians & Plumbers
Home Inspectors
Appraisers
Insurance Agents
Internet Business Owners
Work-
Consultants
Chiropractors
Doctors & Dentists
Photographers
Attorneys
Architects
Graphic Designers
Interior Designers
Writers
Landscaping Crews
Construction Workers
Salesmen
Restaurant Owners
Couriers
AND MANY OTHERS!
972.798.2046
Schnaufer & Walker
Certified Public Accountants
