Queendom Business & Tax Solutions

ATTENTION ALL TAX FILERS!!!

The IRS has made some major changes for this tax season. We are back to pre covid tax refund amounts. All of the major credits and large refund amounts from last year are gone. This also means that you will only be able to claim 3 dependents. Previously, you were able to claim and get credit for more than 3 dependents. Now they are only giving the credit for up to 3 dependents, and then back to $500 per additional dependent. Take a look at what they are saying!
Some tax credits return to 2019 levels. This means that affected taxpayers will likely receive a significantly smaller refund compared with the previous tax year. Changes include amounts for the Child Tax Credit (CTC), Earned Income Tax Credit (EITC), and Child and Dependent Care Credit.
Those who got $3,600 per dependent in 2021 for the CTC will, if eligible, get $2,000 for the 2022 tax year.
For the EITC, eligible taxpayers with no children who received roughly $1,500 in 2021 will now get $500 in 2022.
The Child and Dependent Care Credit returns to a maximum of $2,100 in 2022 instead of $8,000 in 2021.


https://queendombusinessandtaxsolutions.setmore.com

Did You Drive for Uber or Lyft? We can show you how to turn that gas money into a BIG Tax Refund.

Self Employed individuals early filing is available in December. Call us at 919-726-8089

Do you work from home? Let us help you with your deductions. Call our Tax Specialists at 919-726-8089

There is no need for you to come into the office. We offer 100% virtual services. Call us today at 919-726-8089 for a free estimate. Self Employed can file in December.

💰 CASH ADVANCES
We will be 1 of the only companies that is able to offer large Cash Advances 3 full weeks before the IRS starts accepting e-files. Our Bank allows us to issue no credit check advances starting Jan 2, 2024 Call us for more info 919-726-8089

The child tax credit has now reverted 2022 back to its original limit of $2,000 for every dependent under the age of 16.
https://queendombusinessandtaxsolutions.setmore.com/bookappointment

Let our team of Professional Tax Specialists help you!!!
Reminder: Self Employed & Service providers, and others may receive 1099-Ks for sales over $600 in early 2023
The Internal Revenue Service reminds taxpayers earning income from selling goods and/or providing services that they may receive Form 1099-K, Payment Card, and Third-Party Network Transactions, for payment card transactions and third-party payment network transactions of more than $600 for the year.
https://queendombusinessandtaxsolutions.setmore.com/bookappointment

The earned income tax credit, also known as the EITC or EIC, is a refundable tax credit for low- and moderate-income workers. For the 2022 tax year, the earned income credit ranges from $560 to $6,935 depending on tax-filing status, income and number of children https://queendombusinessandtaxsolutions.setmore.com/bookappointment

Do you have Kids in daycare? We can help you get the Child and Dependent Care Credit. Call our specialists today at 919-726-8089

Self Employed we can file your taxes in December!!!! Give our Tax Specialists a call at 919-726-8089 Get your documents ready and give us a call.

Do you have Kids in daycare? We can help you get the Child and Dependent Care Credit. Call our specialists today at (919) 726-8089

Self Employed we can file your taxes in December!!!! Give our Tax Specialists a call at (919)443-5227 Get your documents ready and give us a call.

Self Employed and Cash Business let us help with getting all your documents in order for the upcoming Tax Season. Our Tax Specialists understand the new Tax laws and are ready to help you. Schedule a one-on-one free Tax session with one of our specialists. https://queendombusinessandtaxsolutions.setmore.com/bookappointment