AFSG Blog

We've helped hundreds of small businesses to grow with sound tax planning, tax pre-preparation, and accounting solutions for you and your business.

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AFSG, preferred firm of The Neat Company

By |2019-08-20T21:22:59-04:00August 20th, 2019|AFSG, News Articles|

Need to get your business more organized? Lauryn Charles has partnered with The Neat Company to bring our clients the newest technologies for digital document storage and retrieval. Check out our page on Neat.com and contact us for discount pricing and product demos.  https://www.neat.com/accountant/accountable-financial-services-group/ Neat's software helps automate your bookkeeping! [...]

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These summer actions might benefit taxpayers who itemize

By |2019-08-01T10:50:45-04:00August 1st, 2019|First Time Home Buyers, Home Owners, Individual Income Tax, Tax Payments|

Summer is a season when people have fun, yet get things done. From buying a new house to cleaning their old one, taxpayers who itemize their deductions may be doing things this summer that will affect the tax returns they file next year. The higher standard deduction means fewer taxpayers [...]

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Year-round tax planning includes reviewing eligibility for credits and deductions

By |2019-07-29T10:10:56-04:00July 29th, 2019|Affordable Care / ObamaCare, Earned Income Tax Credit, Energy Efficeincy, Individual Income Tax, Students and Education, Tax Cuts & Jobs Act, Vehicle Tax Credits|

Tax credits and deductions can mean more money in a taxpayer’s pocket. Most people only think about this when they file their tax return. However, thinking about it now can help make filing easier next year. This tip is one in a series about tax planning. These tips focus on [...]

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Tax planning includes determining filing status

By |2019-07-24T20:00:10-04:00July 24th, 2019|Individual Income Tax, Parents and Children|

Single or married? Kids or no kids? These are just a couple of questions that will help someone determine their tax filing status. Taxpayers usually only think about their filing status when filing their returns. However, this is something to think about all year, especially if it changes.   This [...]

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Are you paying in enough taxes for 2019?

By |2019-06-10T12:25:02-04:00June 10th, 2019|Employees, Employees & Independent Contractors, Individual Income Tax, Tax Payments|

Source: IRS.gov All taxpayers should check their withholding ASAP All taxpayers should check their withholding – also known as doing a Paycheck Checkup – as soon as possible. They should do a checkup even if they did one last year. By checking their withholding, taxpayers can make sure enough is [...]

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Taxpayers must report health care coverage on 2018 tax return

By |2019-03-07T16:27:39-04:00March 11th, 2019|Health Care Reform, Individual Income Tax|

IRS.gov  -  Tax Reform Tax Tip 2019-20 As taxpayers are completing their 2018 tax returns this year, they must complete the lines related to health care. For tax year 2018, the IRS will not consider a return complete and accurate if individuals do not do one of the following on [...]

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IRS extends April 15, other upcoming deadlines for Alabama storm victims, provides other tax relief

By |2019-03-07T16:28:08-04:00March 7th, 2019|News Articles|

IRS Issue Number:    IR-2019-31 Victims of Sunday’s tornadoes and severe storms in Alabama have until July 31, 2019, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today. The IRS is offering this relief to any Major Disaster Declaration area designated by the [...]

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Here are five facts about the new Form 1040

By |2019-02-25T16:36:55-04:00February 25th, 2019|Employees, Forms, Individual Income Tax|

Source:  IRS.gov Tax Tip 2019-13 There are several changes to the 2018 Form 1040. However, taxpayers who file electronically may not notice the changes as the tax return preparation software guides people through the filing process. The IRS worked closely with its partners in the tax return preparation and tax software [...]

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AFSG 2019 New Location

By |2019-02-18T02:13:11-04:00February 1st, 2019|AFSG|

We moved our office (but not far) to the north side of East Hillsboro Blvd. Please call today to make your tax appointment with Lauryn! 461 E Hillsboro Blvd Suite 200 Deerfield Beach FL 33441  

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Did you file an Extension?

By |2018-08-30T10:44:59-04:00August 30th, 2018|Individual Income Tax, Penalties and Interest, Tax Payments|

Source: IRS.govSix things for extension filers to remember Oct. 15 is almost here, and it’s the last day to file for most people who requested an automatic six-month extension for their 2017 tax returns. These taxpayers should remember that they can file any time before Oct. 15 if they have [...]