QuickTime Taxes - Income Tax preparation

Quicktime Taxes

Income Tax Preparation Service

Our team of professionals make customer service our priority so when you're looking for a tax preparation firm, Quicktime Taxes is the best possible choice. 

Quicktime provides income tax preparation and electronic filing.  Audit assistance and free review of income tax returns are also part of Quicktime's commitment to service. Additional fees may apply.


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QuickTime Taxes - Income Tax preparation

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Archive for December, 2014

Should You File Your Own Tax Return?

Should You File Your Own Tax Return?
I got a call last week from a woman who opened a small publishing company this year. She wanted to know if it was advisable for her to have a professional prepare her income tax return or “should I just get all the forms and instructions and do it …
Read more on Fox Business

Prepaing a tax preparation check list
To complete a tax return it is necessary to have required documentation available. Amended returns are usually required when information is left off of the original tax return. Information such as gambling winnings, interest, dividends, withdrawals …
Read more on Standard-Examiner

Healthcare And Tax Returns: What You Need To Know
For the first time, you will now be fined on your tax return, if you did not have health insurance in 2014. Under the Affordable Care Act, tax preparers must ask you if you had health insurance in 2014. If you were covered, you only need to bring your …
Read more on WSPA.com

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Devon and Cornwall council tax arrears soar

Devon and Cornwall council tax arrears soar
Council tax arrears have risen sharply in the past five years, according to statistics from local authorities in Devon and Cornwall. A freedom of information request revealed Cornwall households' arrears rose from £360,000 in 2009 to £5m in 2013, more …
Read more on BBC News

Microsoft Ex-CEO & Other Executives Sued by IRS over Taxes – Analyst Blog
… the records and exact information about the agreement between the IRS and Quinn Emanuel Urquhart & Sullivan, a business litigation firm that IRS appointed to review the federal income tax returns of the software developer between 2004 and 2009.
Read more on Nasdaq

Shuster: No plan for gas tax hike, mileage fees
WASHINGTON (AP) — The chairman of the House Transportation Committee says passing a bill to pay for America's aging roads and bridges will be a top priority next year but is ruling out a gasoline tax hike or motorist user fees as the way to do it. Rep …
Read more on Greenwich Time

Chicago, IL (PRWEB) November 13, 2014

The Federal Savings Bank was intrigued by the fourth quarter 2014 fiscal year release which ended on September 30th of America’s largest home builder D.R. Horton Inc.

The income information for the company shows net sales orders for homes grew 38 percent compared to the fourth quarter last year to reach 7,135 units. In value, sales orders increased 41 percent compared to the year-ago quarter. Net sales orders for the full fiscal year ended Sept. 30 were up 18 percent compared to the previous fiscal year, and the net value of sales increased 27 percent compared to the 2013 fiscal year.

Total pre-tax income for the fourth quarter was up 19 percent compared to the fourth quarter in 2013 and hit $ 166.3 million. Total pre-tax income rose 24 percent to reach $ 814.2 million for the fiscal year 2014 compared to the 2013 fiscal year.

D.R. Horton wasn’t the only home builder to announce good news. Toll Brothers, Inc. released preliminary financial information for its fourth quarter stating the number of units sold increased 22 percent compared to last year’s fourth quarter. Additionally, the net number of contracts signed rose 10 percent during the fourth quarter compared to the year-ago quarter.

Toll Brothers’ CEO Douglas Yearley echoed the happiness many home builders feel regarding the strong finish to the 2014 housing market and optimism as they approach 2015.

“For the first time in four quarters, our contracts were up in both dollars and units compared to the prior year’s same period,” said Yearley in the release. “We also saw solid growth in our traffic and deposits. We are pleased with our strong finish to FY 2014 and, given the fourth quarter’s improvement in demand, begin FY 2015 with optimism.”

Homeowners interested in becoming pre-approved for mortgages for their newly built homes should contact the Federal Savings Bank, a veteran owned bank.

Tax dodging hurts small businesses

Tax dodging hurts small businesses
Hoover said the vendor likely did this to write off the refund even though he didn't book the income. But if he's audited, he will be caught, she said. And if the consumer reports the business to the IRS, agents will eventually get around to auditing …
Read more on The News-Press

10 Last-Minute Ways to Save on Your Taxes This Year
By donating to charity, you can trim next your tax bill next April. You must itemize to get a write-off, and the organization must be a qualified charity. Check at IRS.gov. Then you simply need to get a check in the mail by Dec. 31. Or put the gift on …
Read more on TIME

DOMA Decision to Have Pervasive Impact on Plan Administration, Practitioners
The two women were married in Toronto in 2007, a union that the lower courts concluded would have been recognized by their home state of New York. Windsor paid the tax bill and filed a request for a refund. The Internal Revenue Service denied the …
Read more on Bloomberg BNA

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