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GVC Financial, Inc. provides
specialized Tax, Financial and Accounting services under the leadership of Richard B. Crouse CEPA, EA, CFP,
BA, MBA.
Credentials
Our wide variety of services include:
- Financial Planning
- Traditional and Roth IRAs
- Enrolled Agent IRS Representation ***
SEE NOTE BELOW
- Personal and Business Tax Planning and Preparation
- Estate and Investment Advising
- Personal and Small Business Accounting systems
- Monthly and quarterly financial statement reviews
- Payroll Processing
- Account staff training
- Guidance using accounting software, spreadsheets,
word processing and other work-related tools
-
QuickBooks®
setup and training. Enroll in our
one-on-one program to fit your individual needs
*** So many people ask
"What is an E.A.?" Here is the definition as defined by the FSEA
(Florida Society of Enrolled Agents):
Enrolled Agents (EAs) are federally authorized tax
practitioners who have demonstrated technical competence in tax law and
are the only taxpayer representatives licensed to practice by the United
States government. Only EAs, Attorneys and CPAs may represent taxpayers
without limitation before the IRS. EAs advise and represent taxpayers
before the IRS who are being examined, taxpayers who are unable to pay,
and taxpayers who wish to avoid or recover penalties. EAs prepare tax
returns for individuals, partnerships, corporations, estates, trusts and
any other entities with tax-reporting requirements. Unlike Attorneys
and CPAs, who may not choose to specialize in taxes, all EAs specialize
in taxation and are required by the federal government to maintain their
professional skills with continuing professional education.
Here are a few interesting sites
relating to tax changes and additions:
Are you below the cut off? See
below:
|
Single Filer
|
$8,950 (65+ $10,300) |
|
HOH Filer with
1 dependent |
$15,000 (65+ $16,350) |
|
MFJ Filer with
no dependents |
$17,900 (both 65+ $20,000)
|
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Note non
filers can still get telephone refund if they file special form. |
Here are some changes for this year
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2008 |
2007 |
2006 |
2005 |
| Exemptions |
$3,500 |
$3,400 |
$3,300 |
$3,200 |
| Std Deductions: MFJ |
$10,900 |
$10,700 |
$10,300 |
$10,000 |
| Single/Married Filing Separately |
$5,450 |
$5,350 |
$5,150 |
$5,000 |
| Head of Household |
$8,000 |
$7,850 |
$7,550 |
$7,300 |
| Gift Tax Exemption |
$12,000 |
$12,000 |
$12,000 |
$11,000 |
| Max EIC: No Child |
$438 |
$428 |
$412 |
$390 |
| 1 Child |
$2,917 |
$2,853 |
$2,747 |
$2,604 |
| 2 Children |
$4,824 |
$4,716 |
$4,536 |
$4,300 |
| Max 179 |
$250,000 |
$125,000 |
$108,000 |
$100,000 |
Filing your taxes was never easier.
Receive your refund FAST!
Tax Scams / Fraud Alerts
Visit Criminal Investigation's Tax
Fraud Alert Page

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