Rachel's Tax Service

Reminder for Businesses: Tomorrow (Jan. 31) is your deadline to mail Forms 1098, 1099, W2 and W2G to the proper recipients for payments made during 2018. (Of course, if you work with us, we've already got this taken care of for you.)

Small business owners, it's vital that you give your workers the right designation, to avoid penalties. If you're unsure whether your workers are employees or contractors, here is some good information -- call us if you have any questions. http://1.usa.gov/1y77kx3

On the hunt for ideas to make extra cash? Quite a few original ideas here, and some avenues we've never heard of.

Today's the big day, everyone. The IRS begins accepting your 2018 returns today. Here's what you need to know for this year's filing...

If you purchased health insurance through Healthcare.gov in 2018, you MUST file a federal tax return if: 1) you received advanced payments of the premium tax credit (via a reduction in your monthly premium), or 2) you still wish to claim the premium tax credit. Tax penalties ARE still in place for the 2018 filing year so you won't want to neglect this on your return, or you'll face some questions down the road.