Taking Care of your Crypto Taxes Also, remember that if you have any crypto tax obligations for the 2024 tax year, you need to report it. Join the thousands of individuals in the State of Georgia that trust their taxes to Daniel Ahart each year! Schedule An Appointment Appointments are encouraged so that we are… [Read More]

Taking Care of your Crypto Taxes Also, remember that if you have any crypto tax obligations for the 2024 tax year, you need to report it. Join the thousands of individuals in the State of Georgia that trust their taxes to Daniel Ahart each year! Schedule An Appointment Appointments are encouraged so that we are… [Read More]

Earned Income Tax Credit (EITC): This credit continues to assist low- to moderate-income workers. For 2024, the maximum credit is up to $7,830 depending on your income, filing status, and number of qualifying children. It is a refundable credit, meaning you could receive a refund even if you owe no tax. Child Tax Credit: For… [Read More]

Schedule An Appointment Appointments are encouraged so that we are able to limit the number of people in our office.  We ask that you come by yourself or with your spouse.  Don’t bring extra people such as children. Use our tool to find the office nearest you or click on a city link below.  You… [Read More]

Planning for retirement is one of the most important financial steps you can take. Yet, many people struggle to determine exactly how much they need to save. Fortunately, a Retirement Savings Calculator can provide valuable insights, helping you set realistic goals and adjust your savings strategy accordingly. At Daniel Ahart Tax Service, we understand the… [Read More]

Tax season can be stressful, but with the right preparation, you can maximize your refund, avoid costly penalties, and save valuable time. Whether you’re filing as an individual or a business owner, having your documents in order before submitting your tax return is essential for a smooth and hassle-free process. At Daniel Ahart Tax Service,… [Read More]

The Importance of Meeting These Deadlines Failing to meet the contribution deadlines means missing out on: The deadline for most retirement contributions for the tax year 2024 is April 15, 2025, which is the same deadline for filing your tax return for the year 2024,” shared Daniel Ahart, chief tax officer at Daniel Ahart Tax… [Read More]

Form W-2: Used to report compensation paid to an employee of an organization. Form 1099-NEC: Used to report nonemployee compensation paid to an independent contractor. Key Differences: Employers who withhold payroll taxes issue Form W-2 to their employees. Businesses use Form 1099-NEC to report payments to people or companies who provide services but are not… [Read More]

Current ID Social Security Employment Authorization (if applicable) Proof of Income (Form W2, Form 1099, Bank Statements) Form 1095A Health Insurance Virtual currency transaction reports Dependents (ID, birth certificate, school or medical report) *Actual address (Bill) Bank Information (Route and account number), it is necessary if you receive a refund or if you want to… [Read More]

As the tax season approaches, it’s natural to wonder when you’re officially ready to sit down and prepare your tax return. The truth is, readiness begins with preparation. Whether you’re filing as an individual, a family, or a business owner, having the right documents at hand is key to ensuring a smooth and stress-free tax… [Read More]

Do I Need to Report Crypto Losses? Yes! Reporting your crypto losses is just as important as reporting gains. Losses can offset your gains dollar-for-dollar, reducing your taxable income. If your losses exceed your gains, you can deduct up to $3,000 per year ($1,500 if married filing separately), with any remaining losses carried forward to… [Read More]

Crypto Capital Gains and Losses As cryptocurrencies continue to grow in popularity, so do questions about how these digital assets are taxed. If you’ve been trading, investing, or earning income in crypto, it’s important to understand your tax obligations for the 2024 tax year. Do I Need to Report My Crypto Transactions? Yes. The IRS… [Read More]