But the truth is, you don't want to talk about tax. Most people don't, and we get it. Taxes are basically the least fun thing about adulting, AIR?! But the ugly surprise of a big unexpected tax bill in April is so much worse.
At Blue Fox, we are not just tax preparers.
We are expert-level tax consultants who help individuals, small businesses, and self-employed professionals with year-round tax advice and financial decision-making support. We're your tax-wellness team - here to make sure that you have all the information you need to save as much money on your tax bill as possible every year.
Our tax team is ready and waiting to assist you with personalized support, advice, and preparation of your 2022 return. Here's what it [typically] costs, which includes 1 hour of tax planning each year.
And on the highest level, we provide year-round retainer-based tax service, which provides ongoing financial guidance. This is especially important for self-employed individuals to optimize their tax situation and lower their tax burden in the long run. Automated computer software can't do that! Thoughtful and analytical human brains can.
If you're seeking a higher level of support and strategy for your family and business, we are delighted to speak with you! To schedule your FREE Consultation, complete the form below that best describes your tax situation:
Proactive people unite! Tax deadlines for the 2022 tax year are set for individuals and businesses. Please use this easy-to-read list of tax deadlines, compiled by our team at Blue Fox and get yourself organized.
When to Hire a Tax Professional
Do you have a complicated tax situation that warrants the help of a tax preparer? We've compiled a list of factors when you need help:
Our team created this handy Schedule C Worksheet for your profit and loss record-keeping pleasure. We highly recommend using it before you attempt the official Schedule C IRS form 1040. It also comes in handy to provide your tax preparer, and we hope that's us!
Time to Incorporate Your Side Hustle? Let's Crunch the Numbers!
If you wonder about incorporating your side hustle, it's probably a good time to analyze your tax position. We can help you compare the costs of incorporation against the tax savings you might realize. Let's figure out if you're leaving money on the table. Schedule a chat today!
IRS Issues Standard Mileage Rates for 2023
Beginning on January 1, 2023, the standard mileage rates for the use of a vehicle will be:
A whopping 65.5 cents per mile driven for business use
22 cents per mile driven for medical, or moving purposes for qualified active-duty members of the Armed Forces
14 cents per mile driven in service of charitable organizations
