ACE IT Tax Services, LLC
Mobile Accounting & Bookkeeping Service
"Yes, We Come To You!"
ACE IT Tax Services, LLC
4102 S. 31st Street, Ste 350
Temple, TX 76502
ph: 254-563-2749
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Tax Tips & Resources
What to Bring:
- Driver's License
- Social Security Cards
- Dependents Social Security Cards and Birth Dates
- Wage Statements (W2)
- Social Security / Unemployment income
- Retirement Income, Pensions, Commissions
- Self Employed business income 1099-misc
- State Refund amount
- Interest or dividends/ 1099-INT / 1099-Div 1099-B
- Lottery or gambling winning/losses
- Income from rentals
- Record of purchase or sale of residence
- Job related educational expenses
- Child care expenses and providers information
- Mortgage or home equity load paid/ 1098
- Real estate and personal property taxes
- Unreimbursed employment - related expenses
- Cash and non cash charitable donations
- Estimated taxes or foreign taxes paid
- Medical and dental expenses
ACE IT Tax Services is your sole source for tax assistance. We are willing to answer all of your tax questions as well as meet your tax needs. However, if you still need further information, check out the below links for the IRS.
Click here for forms and publication list.
Click herefor frequently asked questions.
Click here for local IRS offices
- Tax Changes for 2007
According to the Internal Revenue Service the Standard deduction has increased.
-Head of household from $7,550 to $7,850
-Married filing jointly from $10,300 to $10,700
-Single from $5,150 to $5,350
-Married filing separately is $5,350 This is the same as filing single
-Widow(er) with dependent child from $10,300 to $10,700
-Personal exemption amount increased from $3,300 to $3,400
-Earned income credit for one qualifying child increased from $2,747 to $2,853
-Earned income credit for two qualifying children increased from $4,536 to $4,716
-For taxpayers without children from $412 to $428
- Question: What form do I file?
1040EZ You may qualify to use Form 1040EZ, the simplest form, if:
• Your taxable income is below $100,000
• Your filing status is Single or Married Filing Jointly
• You are under age 65
• You are not claiming any dependents
• Your interest income is $1,500 or less1040A You may be able to use Form 1040A if:
• Your taxable income is below $100,000
• You have capital gain distributions
• You claim certain tax credits
• You claim deductions for IRA contributions or student loan interest1040 If you cannot use either a 1040EZ or 1040A, you probably need to use Form 1040. You must file form 1040 if:
• Your taxable income is $100,000 or more
• You claim itemized deductions
• You are reporting self-employment income
• You are reporting income from sale of property
• You are claiming the educator expense or higher education tuition and fees
If you haven't received your refund, you can check the status by going to this secured website:
Get your refund faster - tell IRS to Direct Deposit your refund to one, two, or three accounts!
You have several options for receiving your 2007 federal income tax refund. You can:
- Split your refund with direct deposits into two or three checking or savings accounts
- Direct deposit your refund into one checking or savings account
- Receive your refund as a paper check in the mail, although this option takes a little longer
ACE IT Tax Services, LLC
4102 S. 31st Street, Ste 350
Temple, TX 76502
ph: 254-563-2749
aeversle
