Tax Preparation Services, San Jose, CACategory : Tax
This year’s San Jose Tax Day is: April 18, 2011
At San Jose Tax Services, we provide your complete tax preparation solutions. We specialize in individual and business income tax returns.
- 1040-EZ, 1040A and 1040
- W-2’s
- First Time Homebuyer Credit
- Recovery Rebate Credit
- Unreimbursed Employee Business Expense (Form 2106)
- Casualty Theft and Losses (Form 4684)
- 1099-Interest Income
- 10980E Student Loan Interest Statement
- Childcare & Dependent Care Credit (Form 2441)
- Earned Income Credit Worksheet (Form 8867)
- Student Loan Interest Deduction (Form 1098-E)
- Hope Scholarship, Lifetime Credit and Tuition Deduction
- Schedule A (Itemized Deductions)
- 1099-G Government Payments
- 1099-R Retirement Income
Here at San Jose Tax Services we are committed to providing you the best income tax preparation services, at a very affordable price.
Like all experienced and well-known California income tax businesses, we:
- Are bonded by a Surety Bond
- Have taken hundreds of hours of tax courses to keep up-to-date with tax laws and the tax environment, which change every year
- Are CTEC certified and registered to ensure the highest standard of tax preparation
Our services are held to the highest standard. By offering our services as a professional and done the right time, we get most of our businesses through referrals from satisfied customers. As a thank you to those who are active in our referrals, we offer 50% off for anyone who refers 3 new clients, and 100% off for anyone who refers 5 new clients.
Before explaining why our prices are so low, lets see why other prices are so high. → Continue
Category : Tax
Q1. Are there any changes to the tax credits for college expenses?
A. The American opportunity tax credit, which expanded and renamed the already-existing Hope credit, can be claimed for tuition and certain fees you pay for higher education in 2009 and 2010.
Q2. The Hope credit originally applied only to the first two years of college. Has that changed?
A. Yes. The American opportunity tax credit can be claimed for expenses for the first four years of post-secondary education.
Q3. How much is the American opportunity tax credit worth? → Continue
If you earn money as a babysitter, it is considered self-employed income.
If you earned more than $400 in the past year, you will have to file a federal tax return. → Continue
Category : Tax
Please add the word “Deceased” after the decedent’s name in the name and address section of the final return. Also, please add the date of death across the top of the final return. If the decedent is due a refund, it may be necessary to file Form 1310, Statement of Person Claiming Refund Due a Deceased Taxpayer, with the return. → Continue
Category : Tax
Job Search Expenses are deductible under Itemized Deduction. But as with most itemized deduction, it is better to take the Standard Deduction if it is higher. → Continue
Category : Tax
Short answer: Yes
Yes, your state unemployment insurance benefits (up to 26 weeks) and your extended benefits (up to an
additional 13 weeks) are taxable. You may choose to have 10% withheld for federal taxes by completing
Form W-4V. The State will provide you with a Form 1099-G prior to January 31st of each year, showing
the amount of taxable benefits paid in the prior year. → Continue
Earned Income Tax Credit is one of the few refundable tax credits you can get even if you do not owe any taxes.
The maximum credit for the 2010 Tax Year has been increased to $5,666.
| Earned Income Credit | ||
| Tax Year 2010 | ||
| No. of Children | Maximum credit | Earned Income/AGI Each Less Than |
| 0 | $457 | $13,460 ($18,470 if Married Filing Joint) |
| 1 | $3,050 | $35,535 ($40,545 if Married Filing Joint) |
| 2 | $5,036 | $40,363 ($45,373 if Married Filing Joint) |
| 3 or more | $5,666 | $43,352 ($48,362 if Married Filing Joint) |
| Taxpayers with investment income of more than $3,100 are not eligible for the credit. | ||
