New clients.
At time of filing, proof with ID'S
Proudly Preparing Personal and Small Business Tax Returns
Since 1960
Annual income tax return filed by citizens or residents of the United States.
1040 - 1040 SR
Starting @ $125.00 N.J. State - $50.00
BUSINESS
Starting @ $150.00 per Business+ 1040 + N.J. State
Sole Proprietors
1099 MISC
Single Member Limited Liability Company (LLC)
RENTALS
Starting @ $150.00 per Rental+ 1040 + N.J. State
Single-Unit Rental Properties
Multi-Unit Rentals
Free Electronic Filing
Get your federal refund faster, 5 - 10 days quicker with our free electronic filing. Electronic Filing is a service from the IRS to process your tax return more accurately and faster.
Direct Deposit.
Your tax refund will be directly deposited into your bank account.
Additional administration Fees:
$38.00
Includes
Document Preparation and Retention
Errors and Omission Insurance
Postage-Internet E~ Mail ,
Phone calls
text messages
Credit Card Processing
Identity Verification
Forms and Schedules Call for pricing
Adis and Associates
124 Marilyn Dr.
Bricktown, N.J. 08723
973-720-1040
adisassociates@yahoo.com
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Standard Deductions For Tax Year 2021
Marital Status Standard Deduction
Single $12,550
Married Filing Jointly $25,100
Married Filing Separately $12,550
Head of Household $18,800
Tax Brackets for Tax Year 2021
Single
Tax rate Taxable income bracket Tax owed
10% $0 to $9,875 10% of taxable income
12% $9,876 to $40,125 $987.50 plus 12% of the amount over $9,875
22% $40,126 to $85,525 $14,605.50 plus 24% of the amount over $85,525
32% $163,301 to $207,350 $33,271.50 plus 32% of the amount over $163,300
35% $207,351 to $518,400 $47,367.50 plus 35% of the amount over $207,350
37% $518,401 or more $156,235 plus 37% of the amount over $518,400
Married Filing Jointly
Tax rate Taxable income bracket Tax owed
10% $0 to $19,750 10% of taxable income
12% $19,751 to $80,250 $1,975 plus 12% of the amount over $19,750
22% $80,251 to $171,050 $9,235 plus 22% of the amount over $80,250
24% $171,051 to $326,600 $29,211 plus 24% of the amount over $171,050
32% $326,601 to $414,700 $66,543 plus 32% of the amount over $326,600
35% $414,701 to $622,050 $94,735 plus 35% of the amount over $414,700
37% $622,051 or more $167,307.50 plus 37% of the amount over $622,050
Married Filing Separately
Tax rate Taxable income bracket Tax owed
10% $0 to $9,950 10% of taxable income
12% $9,951 to $40,525 $995 plus 12% of the amount over $9,950
22% $40,526 to $86,375 $4,664 plus 22% of the amount over $40,525
24% $86,376 to $164,925 $14,751 plus 24% of the amount over $86,375
32% $164,926 to $209,425 $33,603 plus 32% of the amount over $164,925
35% $209,426 to $314,150 $47,843 plus 35% of the amount over $209,425
37% $314,151 or more $84,496.75 plus 37% of the amount over $314,150
Head Of Household
Tax rate Taxable income bracket Tax owed
10% $0 to $14,200 10% of taxable income
12% $14,201 to $54,200 $1,420 plus 12% of the amount over $14,200
22% $54,201 to $86,350 $6,220 plus 22% of the amount over $54,200
24% $86,351 to $164,900 $13,293 plus 24% of the amount over $86,350
32% $164,901 to $209,400 $32,145 plus 32% of the amount over $164,900
35% $209,401 to $523,600 $46,385 plus 35% of the amount over $209,400
37% $523,601 or more $156,355 plus 37% of the amount over $523,600
Can I Claim the EIC?
To claim the EIC, you must meet certain rules. These rules are summarized in Table 1.
Table 1. Earned Income Credit in a Nutshell
First, you must meet all the rules in this column.Second, you must meet all the rules in one of these columns, whichever applies.Third, you must meet the rule in this column.
Chapter 1.
Rules for EveryoneChapter 2.
Rules If You Have a Qualifying ChildChapter 3.
Rules If You Do Not Have a Qualifying ChildChapter 4.
Figuring and Claiming the EIC
1. Your adjusted gross income (AGI) must be less than:
• $51,464 ($57,414 for married filing jointly) if you have three or more qualifying children who have valid SSNs,
• $47,915 ($53,865 for married filing jointly) if you have two qualifying children who have valid SSNs,
• $42,158 ($48,108 for married filing jointly) if you have one qualifying child who has a valid SSN, or
• $21,430 ($27,380 for married filing jointly) if you don’t have a qualifying child who has a valid SSN.2. You must have a valid social security number by the due date of your 2021 return (including extensions).
3.You must meet certain requirements if you are separated from your spouse and not filing a joint return.
4. You must be a U.S. citizen or resident alien all year.
5. You can’t file Form 2555 (relating to foreign earned income).
6. Your investment income must be $10,000 or less.
7.You must have earned income.8. Your child must meet the relationship, age, residency, and joint return tests.
9. Your qualifying child can’t be used by more than one person to claim the EIC.
10. You can’t be a qualifying child of another person.11. You must meet the age requirements.
12. You can’t be the dependent of another person.
13. You can’t be a qualifying child of another person.
14. You must have lived in the United States more than half of the year.15. Your earned income must be less than:
• $51,464 ($57,414 for married filing jointly) if you have three or more qualifying children who have valid SSNs,
• $47,915 ($53,865 for married filing jointly) if you have two qualifying children who have valid SSNs,
• $42,158 ($48,108 for married filing jointly) if you have one qualifying child who has a valid SSN, or
• $21,430 ($27,380 for married filing jointly) if you don’t have a qualifying child who has a valid SSN.
Pricing
IRS Form 1040-1040 SR:
Starting @ 125.00
-
You have certain types of income, such as unreported tips; certain nontaxable distributions; self-employment earnings; or income received as a partner, a shareholder in an S corporation, or are a beneficiary of an estate or trust.
-
You itemize deductions or claim certain tax credits or adjustments to income,
-
You owe household employment tax
New Jersey 1040:
Starting @ $50.00
Who Must File a New Jersey Income Tax Return You must file a return if – and your gross income from everywhere for the entire year your filing status is: was more than the filing threshold: Single Married/CU partner, filing separate return $10,000 Married/CU couple, filing joint return Head of household $20,000 Qualifying widow(er)/surviving CU partner Also file a return if , You had New Jersey Income Tax withheld and are due a refund. You paid New Jersey estimated taxes for 2020 and are due a refund. You are eligible for a New Jersey Earned Income Tax Credit or other credit and are due a refund. Note: Homeowners and tenants age 65 or older or disabled who do not have to file a New Jersey return may be eligible for a Property Tax Credit.
BUSINESS
Starting @ $150.00 + 1040 per Business
-
Sole Proprietors
-
1099 MISC
-
Single Member Limited Liability Company (LLC)
Rental Property:
Starting @150.00 + 1040 per Rental
Official IRS Websites
IRS Where's my Refund?
Official IRS Site Payment - Direct Pay
Click Here
IRS News & Events
Listed below are some of the details that should be included on your tax preparation checklist.
Tax Preparation for Personal Information
The IRS needs to know who is filing the tax return, as well as how many people are covered on it. To make this easy, they require:
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Your Social Security number
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Your spouse’s Social Security number (if married)
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Social Security numbers for any dependents
Tax Preparation for Income Information
The following documents will help you prepare all the income information that you need to file a federal tax return:
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W-2 Forms from all employers you (and your spouse, if filing a joint return) worked for during the past tax year.
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1099 Forms if you (or your spouse) completed contract work and earned more than $600.
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Investment income information (including: interest income, dividend income, proceeds from the sale of bonds or stocks, and income from foreign investments).
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Income from local and state tax refunds from the prior year.
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Business income (accounting records for any business that you own)
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Unemployment income
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Rental property income
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Social Security benefits
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Miscellaneous income (including: jury duty, lottery and gambling winnings, Form 1099-MISC for prizes and awards, and Form 1099-MSA for distributions from medical savings accounts)
Tax Preparation for Income Adjustments
The following adjustments can help reduce how much you owe in taxes, and in turn, increase your chance of receiving a tax refund:
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Homebuyer tax credit
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Green energy credits
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IRA contributions
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Mortgage interest
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Student loan interest
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Medical Savings Account (MSA) contributions
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Self-employed health insurance
Tax Preparation for Credits and Deductions
There are many tax credits and tax deductions for various expenses, which are designed to help lower the amount of tax that an individual has to pay:
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Education costs
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Childcare costs
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Adoption costs
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Charitable contributions/donations
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Casualty and theft losses
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Qualified business expenses
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Medical expenses
Tax Preparation for Direct Deposit
Are you interested in having your tax refund directly deposited into your bank account? If so, you will need to provide two things:
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Your bank account number
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The bank’s routing number
This tax forms / preparation checklist should help you get organized before filing your next income tax return.
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