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Caution !!!
The only
way to receive a refund is through the IRS. Pay stub or advance money received are usually
loans (based on your ability to receive a refund) with interest rates up to 750% plus in many
cases additional costs. E-Filing through the IRS usually takes 10 to 14 days to your bank account,
and less for the state.
IRS E-Mail
If you receive an IRS (looking) e-mail don't GIVE ANY INFO.
It's called phishing and you should report it to phishing@irs.gov (follow directions).
Thank you for visiting FoxTax.com.
Our purpose is to introduce and present information which will help you with your Federal and State Income Tax Returns.
For our past and future customers please use our site as a checklist for information to bring in during your appointment.
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What Would You Like to Do Next?
Remain at this site. Take notes, get ideas,
save money. Just click on your page(s) of interest on the top of this page, and away you go.
Note: To view the entire page of most sections, you will need to use the right scroll bar on
the right. The bottom scroll bar is only needed on a couple of sections.
Ready to send data to Fox
Tax?
Ready to go to SecureFoxTax.com and input your information
for Fox Tax to prepare your return. If you forget something or need more time, no problem, you may logout and return to SecureFoxTax.com
as many times as you wish to finish your "work". All transmissions to and from this site are secure. Remember
to write down your login password. SecureFoxTax.com was designed for military and out of state clients.
Please remember that we will need a copy of your W-2(s), 1099R(s), etc. prior to filing.
If mailing please mail only 1 copy.
Remember, anything FREE is worth saving up for.
WRONG COUNTER
Number of people who do their own taxes (with or without software) and
think they have done them correct, when in fact they have done them wrong. It can be, however, considered patriotic
to considered to the national debt.
CHASING RETIREMENT
Saving for that "retirement carrot" seems to get easier and
easier. Congress wants you to really invest for your retirement. Could it be they know
something about Social Security they don't want to discuss? Do you think you will get
the carrot?
OUCH
!!!!
Did you know we stopped offering quick refunds around 1993? We did so because our clients would have
to pay approx. 400% to 700% interest for
the service. Today the interest rates are lower, however, there usually are large fees.
If you are paying for a quick refund ask how much interest you are paying. By law you must be furnished this information.
Did you also know that the IRS sends your refund at the same
time regardless if it is a quick refund or not. Why you might ask do you get it quicker?
It is actually simple. Whoever is offering you this service is establishing a bank account in your name. You are
then given a loan. When your refund is deposited into your new bank account the loan is paid. All this and high
interest just to receive your refund a few days quicker. If you owe someone (landlord) money it is more economical
to ask the person to wait a few days more. You could even offer to pay them $25 or $50 and still come out ahead.
Come On Down
Appointments are not necessary for Fox Tax to prepare your return.
Just bring all your information (W-2's, 1099 Misc., 1099 R's, Interest Statements, Stock Info, Dependent Care Info, Rent Paid,
Etc.) into our office and complete an information sheet. Feel free to visit our "Info Center" at www.foxtax.com and print out the "Client Organizer" for an information sheet. We will then call when your return(s) are completed
or if additional information is required.
"A government big enough to give you everything is
big enough to take it all away" Barry Goldwater
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Fox Tax is an IRS
authorized provider
for all your
electronic filing, and listed on IRS and WI websites.
WHAT DO YOU THINK ?
In a recent year Fox Tax clients received $1,554 dollars more per filer than the average filer for the same area (per
IRS data for zip code 54901). It's not fair to take all the credit. Those who prepared their own return(s) probably
paid more than they should have which would account for some of the difference.
2008 Tax
Changes
(For 2007 Tax Season)
File Online: at www.FoxTax.com
NEW Delays with AMT
Form 8863 Education Credits and
Form 5695 Residential Energy Credit will delay filing until IRS target date of Feb 11
Form 4136 Credit for Federal Tax
Paid on Fuels will NOT be allowed to E-File until IRS target date of March 3rd.
Biz Mileage Rate at 48.5, Medical/Moving
20 Charity 14
Frivolous return penalty increaded
from $500 to $5,000
Child tax credit remains at $1,000
Debt Forgiveness - Exemption for foreclosures
Random IRS audits
Energy Credits $500 total available for
2006 and 2007
Exemptions / Deductions / Contributions Up
Use Caution
on Home Based Biz & Donations
Under means Under :)
To receive the child tax credit you must be under 17 at the end of the year. If you have
a dependent who turned 17 during 2007, then you will not receive the child tax credit. You may still claim the child
as a dependent and Head of Household.
What's This ?
The federal government is delinquent in paying $45,000,000 in
employment taxes. Do as they say, not as they do:)))))
Lottery Credit
Look at your tax bill
If you lived in your home your tax bill should
be reduced by the lottery credit. If not contact whoever you pay your taxes too to correct the problem and receive the
lottery credit.
| Uncle Sam |
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| Got you "shook"? |
Did you know that according to a
GAO report, people who do their
taxes overpay an average of $610.
In 1913 - the first year of the US
Income Tax - a single individual
got to deduct a personal exemption
of $3,000.
For the 2000 tax year,
a single exemption was $2,650.
Well now. If the tax of 1% in 1913
rose to 15% in
2000, and you throw
in a little inflation, the amount
of a personal exemption should be
$45,000.00
So much for adjusting for inflation.
Also, in 1913 you did not have to file unless
you made $4,000. Adjusted for inflation,
you would not have to file today unless you
made $69,000. Would
you like to see how much taxes you would pay using a 1913 return adjusted for inflation? Go to our "Resources" page, scroll down, and you will find a link.
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| Let Fox Tax Help You Receive.... |
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| YOUR Largest Possible Refund |
Remember, the only thing better
than you doing your own
taxes, is to have Fox Tax
prepare your return(s).
In 1963 the tax rate on over
$200,000 was $156,820 plus
91% of that amount over
$200,000.
Our forefathers revolted against
taxation "Without Representation".
Think what they would do if they
time traveled to the present and
saw what taxation was like
"With Representation".
You may NOT pay income
taxes by using
pennies.
It is against the law.
The IRS does not make laws regarding taxes,
penalities, collections, etc. Their BOSS,
the US congress makes the laws, and
the IRS enforces them.
Keep your "cool" when doing taxes.
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