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TAX SEASON IS ALMOST OVER

The 2022 Tax season is coming to a close on April 18th. The BFNC Volunteer Income Tax Assistant Team (VITA) has provided Free Tax preparation services to help individuals file accurate returns.

REMINDER: FREE TAX PREPARATION SERVICES

*** 2 WAYS TO SERVE YOUR TAX PREPARATION NEEDS***

I. DROP OFF and FOLLOW UP SERVICE
II. ONLINE Portal for 2021 Returns ONLY – Download and Print the ONLINE PORTAL PROCESS 022022

Virtual Portal – located at https://bfnc.taxwisemobile.com

DETAILS TO KNOW

✓ YOU MUST REGISTER at 2-1-1 WNY

✓ TWO BUFFALO LOCATIONS:  DROP OFF SERVICE ONLY

  1.  MOOT CENTER (Lemon Street Buffalo, NY)

VITA at Moot Multi-Purpose Senior Citizens Center 292 High Street Buffalo, NY 14204 Schedule Appointment https://www.211wny.org/provider/10329

2. FIRST SHILOH BAPTIST CHURCH 

VITA at First Shiloh Baptist Church 15 Pine Street Buffalo, NY 14204 Appointments – 211 or 888-696-9211

✓ FOR ALL APPOINTMENTS PLEASE REGISTER at 2-1-1 WNY REGISTER at https://www.211wny.org/

*** A TAX PREP GUIDE – VIEW AND DOWNLOAD Download and Print Your TAX VITA GUIDE 2022 – BFNC TAX VITA GUIDE 2022 021222

*** NEED TO KNOW DETAILS***

TO PREPARE FOR YOUR APPOINTMENT – CHECK LIST  

PLEASE REGISTER at 2-1-1 WNY REGISTER at https://www.211wny.org/ ✓ Your annual income must be $57,000 or less. 

✓ Appointments are REQUIRED this year. Call 211 (No exceptions).    

    ***New Appointment Slots are added every Wednesday***

✓ Please only arrive for your scheduled appointment. WE WANT YOU SAFE *** Our VITA COVID-19 Protocols include:  ****

  • You must always wear a mask while in the building.
  • Only the person(s) who sign the return are allowed in.

 

3 TAX TIPS from Expert Tax Preparers

Listen to 3 THINGS that Tax Preparers have learned that can impact your taxes.
Expert tax preparers discuss important tax preparation tips and reminders.

Mr. Greenard Poles, Director of the BFNC Tax Program

CLICK ON THE LINK TO SEE THE VIDEO
https://youtu.be/Z8qpsJT4Ehk

What is considered a windfall?
A windfall is a large, and many times unexpected, financial gain—often the result of an inheritance, lawsuit settlement, property sale, salary bonus, or even a winning lottery ticket. https://www.schwab.com/life-events/managing-a-windfall

Ms. Barbara Dawkins, VITA Site Coordinator at First Shiloh Baptist Church

SMALL BUSINESS TAX NEED TO KNOW
Many expenses are tax-deductible. Tracking expenses allows you to easily find and report them during tax season.

What Are Business Expenses?
Business expenses are the costs of running your business day to day. On your income statement, your business expenses are subtracted from your revenue. What’s left is your net taxable income. https://www.ramseysolutions.com/taxes/what-are-business-expenses

Every business has expenses that are unique to the industry or company. For example, a manufacturer has different expense categories than a retailer

ADVICE FOR MARRIED COUPLES