The Firm of Gardner & Billing, CPAs PLLC

At Gardner & Billing CPAs we can't promise how sharp our geometry skills are, but we DO know taxes!  Bring your tax information to the experts and let us take care of you this tax season!

Based on an article by Mark P. Cussen Although the tax code permits a wide range of deductions for taxpayers in various situations, thousands of filers routinely claim deductions for various types of expenses that are in fact non-deductible. Here is a list of some of the more common non-deductible expenses that show up on tax returns each year.  1) Spousal and Child Support Many taxpayers try to deduct these two forms of familial support on their returns. However, alimony is the only type of income paid by one ex-spouse to another that can be deducted.   2) Unreimbursed Work Expenses Although self-employed taxpayers can deduct every dollar of work-related expenses, W-2 employees are limited on the amount of unreimbursed work expenses they can deduct - and only those who are able to itemize their deductions can take advantage.   3) Above-the-Line Deduction for Roth IRA Contributions Unlike traditional IRA contributions, there is no deduction for Roth IRA contributions beca

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Check the status of your refund with TransAction Portal . Select Where's My Refund link under the 'Quick Links' section.  **Checking the status of your return does not require a TAP account.** Where's My Refund Frequently Asked Questions How long will it take to receive my refund? Because of the ongoing nationwide increase in identity theft and filing of fraudulent returns, the department takes time to review returns to make sure they are valid. This means that the department cannot always give you a timeframe for how long it will take to issue your refund. TAP will show you the status of your return and refund. The status of your refund depends on where your return is in the process. How soon after filing can I check the status of my refund? Wait at least 4 weeks if you filed electronically 8 weeks if you filed a paper return What can slow down my refund? Your refund could seem slow or be delayed because: In response to security measures in place to protec

IRS Special Edition Tax Tip 2017-05, February 24, 2017 The Internal Revenue Service reminds farmers and fishermen about the March 1 deadline to take advantage of special rules that can allow them to forgo making quarterly estimated tax payments. Taxpayers with income from farming or fishing have until March 1 to file their 2016 Form 1040 and pay the tax due to avoid making estimated tax payments. This rule generally applies if farming or fishing income was at least two-thirds of the total gross income in either the current or the preceding tax year. Ways to Pay: IRS Direct Pay – IRS Direct Pay offers individual taxpayers an easy way to quickly pay the tax amount due or make quarterly estimated tax payments directly from checking or savings accounts without any fees or pre-registration. Direct Pay is available 24 hours a day, seven days a week and taxpayers can schedule a payment up to 30 days in advance. Last year, IRS Direct Pay received more than nine million tax payments from indi