Russ's "Items of Interest Website" has useful entries regarding changes in tax rules and regulations that may effect your personal income taxes, inheritance matters, worker classifications, tax deductions, etc
Communication is important! Be sure to call the office if an entry there draws your atention and you would like to discuss it in detail!
In addition to key finance and taxation information, you may explore the history and philosophies behind Saurbaugh Financial Services.
Please enjoy, and thank you for visiting!
Mr. Saurbaugh's latest entry at his "Items of Interest" website.
Partnership and S Corp returns are due
3-15-2024 unless you applied for an extension.
Individual and C Corp returns are due 4-15-2024
unless you applied for an extension of time to file.
Please know that applying for an extension does not extend time to pay.
The IRS has announced Mileage Rates for 2024
You have until April 15, 2024 to make contributions to your IRA
and take a tax deduction on your 2023 tax return. You may
now contribute up to $6,500 if under age 50 to your IRA,
over age 50 you may now contribute up to $7,500.
Business is 67 cents
Medical and Moving is 21 cents
Charitable is 14 cents
Depreciation component is 28 cents
The IRS DOES NOT make phone calls to you unless you have given them your phone number, and then only after you have received some form of correspondence. This correspondence is via letter. If you owe money to the IRS or State, please feel free to contact this office for guidance on resolution. Please, please do not become a victim of newspaper, radio, TV or internet advertising concerning "eliminating" debts to the IRS or State governments!!!!!!!!!!! If you are experiencing issues with either the IRS or your State income tax returns, please contact Russ for consultation and available options to resolve your issue.
There are new rules in place for office in home deductions which makes record keeping chores less stressful.
If you have unfiled returns, income tax, sales tax, employment tax, estate or gift tax, please call for information. All matters are confidential and your privacy is protected.