****** Oh my gosh! Jeff The Tax Man just conducted an "over the top," SOLD OUT, first-ever, 2-day workshop with a group of 10 Directors from Central Texas with the theme of "The Women of Mary Kay Are Bringing America Back." I want to personally thank Nocona Koenig, Trisha Taylor, Shelia Evans, Melissa Howard, Debra Wallace, Elayne Watson, Krista Dalton, Ann Kuehler, Tracie Franke, and Celeste De La Cruz for inviting me to speak at such a great event. Moreover, they were such generous, gracious, and honoring hostesses. I taught about maximizing your potential to "Be Fruitful And Multiply," adopting the mission to "Enrich Women's Lives," keeping good records using our 1-minute per day record keeping system, and of course, maximizing your business deductions in order to "Pay YOURSELF, not the IRS." It was AWESOME!! I look forward to going back next year, as well as presenting this same material to groups of Units and National Areas all across the country. ******
***** Jeff The Tax Man will be hosting his final live tax workshop conference call of the season for all Consultants, Directors, and Nationals Sunday evening, January 29, 2012 at 8:00 PM (CST). To be included in the call, a few minutes before 8:00 PM (CST) on Sunday, January 29, 2012 call (712) 432-0075 and when prompted enter access code 226993#. Be sure to download the Cosmetics Business Worksheet before the conference call starts. He will refer to it often. After the conference call, please email us your feedback. See the "Speaking Calendar" page of this website for this and all other speaking engagements, both in person and via conference call. Also, keep checking here for other possible events and resources. *****
**** Jeff The Tax Man is currently working on tax return client number 6, which we received on January 19, 2012. We are still accepting late returns, because our experience with other clients who have filed after the October deadline and were due a refund has been that the IRS did not assess them a penalty, as long as they had timely filed an extension. But you must file within 3 years to claim your tax refund. Moreover, now is the best time for us to amend your 2008, 2009, and/or 2010 tax return(s) and estimate your 2011 and/or 2012 tax liability. ****
*** NATIONAL SALES DIRECTORS - Jeff The Tax Man is scheduling speaking engagements either in person at your Fall/Winter Advance, January Jump Start, Seminar, or a Master Consultant Workshop or now via live conference call presentations (see our "Speaking Calendar" page). Either way he can help you produce more Directors! Doesn't it make sense to include a training session from a tax expert in cosmetics businesses on how to maximize that business' specific tax deductions? He does not charge a speaking fee! See our "For Directors" page for more details plus a down loadable flier and copy of his speech outline to units. ***
** DON'T BE A VICTIM OF TAX SCAMS THAT ARE PERVASIVE DURING TAX SEASON. THESE INCLUDE PHISHING EMAILS PURPORTING TO BE FROM THE IRS OR TAKING YOU TO AN IRS LOOK-ALIKE WEBSITE. THE IRS NEVER COMMUNICATES WITH TAXPAYERS VIA EMAIL. Emails posing to be from IRS agencies are not new, but this year they seem to have amped up. We want to bring to your attention the newest scam. This particular email comes from support@irs.gov and notifies the taxpayer that they need to pay a failure to file fee for not filing Form 5471. The email tells the recipient to see the attached file for more information. Opening such attachments can compromise the user's computer. Read this from the (true) IRS website, which is www.irs.gov, http://www.irs.gov/newsroom/article/0,,id=241789,00.html and http://www.irs.gov/newsroom/article/0,,id=220238,00.html. **
* READ AN ARTICLE REGARDING THE IRS PURSUING HOBBY LOSSES AT http://www.Forbes.com/2009/07/10/irs-taxes-hobbies-personal-finance-hobby.html. Also, here is an article regarding IRS audit triggers http://finance.yahoo.com/taxes/article/111658/irs-audit-red-flags?mod=taxes-filing. Finally, if you are considering adopting a child, you should do so in 2011 before the tax credit gets reduced in 2012. And if you have thought about re-financing your mortgage but haven't, you should see your mortgage broker to do so while interest rates are at historic lows. It could save you hundreds of dollars every month. *
Go to https://sa1.www4.irs.gov/irfof-mwp/start.do to see if you received a $250 Economic Recovery Payment in 2010.
To check on the status of your refund, go to https://sa2.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp or call 1-800-829-4477.
Become a fan of Jeff The Tax Man and Tax Prep Financial Services on Facebook so you can receive alerts and updates instantly. Click here http://www.facebook.com/pages/Hurst-TX/Tax-Prep-Financial-Services/136953638417?ref=ts to do that.
Our motto is "Pay YOURSELF, not the IRS"
We specialize in preparing income tax returns for independent beauty consultants, Directors, Senior Directors, Executive Senior Directors, and National Sales Directors of a particular global cosmetics company. At last count, we have over 100 clients who are Directors and above, and that number is growing every year. In fact, over 90% of our clients have a home-based business and over 90% of those operate a cosmetics business. (These are not your normal, simple tax returns, and our business is not your typical storefront, prepare them while you wait, tax preparation firm.) Since our beginning in 1991, we have grown from 8 clients to approximately 500 today, virtually all by word of mouth referrals. Moreover, we have expanded our influence into 24 states and several foreign countries. We understand home-based businesses and their unique tax deductions because we are one. So if you operate a home-based business, we know how to prepare your tax return. And if you operate a particular cosmetics sales and management business, we probably know your business better than you do - because we make it our business to know that business. That's why we have saved thousands of people millions of dollars in tax and how we will help you "Pay YOURSELF, not the IRS." You may ask if our expertise is worth the money you would pay us to prepare your tax return? Click on "Testimonials" on the left side at the top of this page to see where Jeff The Tax Man changed one client's tax filing experience from owing $12,149 to getting a refund of $11,338. It was sure worth it to them. Moreover, you may ask if having us prepare your tax return is worth the projected wait. Well one client on our "Testimonials" page wished they had not paid their former tax preparer his fee, only to have to pay us to prepare it all over again in order to find them an ADDITIONAL $6,964 IN TAX SAVINGS. The moral: pay us to do it right (and thus get you the most tax savings) the first time!
* We charge for our services, including telephone or email consultations lasting over 15 minutes. For our rates, refer to our Policy Statement/Engagement Letter. *
** To become a client, click the "Tax Worksheets" tab. **
*** For our tax worksheets, click the "Tax Worksheets" tab. ***
**** For a map to our office, click the "Contact Us" tab. ****
***** For answers to many of your tax questions, click the "Tax Center" tab or the "Frequently Asked Questions" tab. *****
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