January 2007
Dear Fellow Taxpayer,
As we celebrate the beginning of the New Year, our thoughts turn to taxes. As always we are ready to assist you in preparing and filing your tax returns. There have been a variety of tax law changes this year. We have highlighted a few changes that might be of interest to you.
- Increased Retirement Contribution Limits
- Higher Income Limits for Deductible IRAs
- New Credit for Residential Energy Efficient Property
- New Credit for Purchase of New Energy Efficient Vehicles
- New Telephone Tax Refund
- Changes to Charitable Contribution Deductions
For those of you that may have been affected by the flooding this fall, you may be eligible to claim a Casualty Loss. We can help you sort through this.
Convenient Payment Options:
- Cash or Check
- MasterCard, Visa, Discover, and new this year American Express
- Deferred Payment Option – electronically transfer your tax preparation fees from your checking or savings account after the IRS has deposited your refund.
Our Extended Office Hours begin Saturday January 27th.
Monday – Thursday 9am – 7pm
Friday 9am – 5pm
Saturday 9am – 3pm
*office will be closed on Tuesday, January 16th so our staff can get the latest tax updates
We’ll be happy to make you an appointment as soon as you get your papers together.
Precise Accounting & Tax Service
2824 173rd Street
Hammond, Indiana 46323