Bradenton Office
Our Bradenton office allows us to extend our services to those clients south of the Manatee River. Located just west of the Downtown and Wares Creek area.
Tarah Van Fossen MSA, EA
2424 Manatee Ave W, Ste 205
Bradenton, FL 34205
Office: 941-708-5300
Fax: 941-761-6757
Email: Tarah@ataxshelter.com
Ellenton Office
Our Ellenton office is here to provide services to the North River communities of Palmetto, Ellenton, Parrish and north Manatee County. Located conveniently one mile west of Interstate 75.
Tonya Van Fossen, EA
3704 US Hwy 301 N, Ste 3
Ellenton, FL 34222
Office: 941-722-0470
Fax: 941-722-2411
Email: Tonya@ataxshelter.com
Featured Services
Details for Tax Planning and Consultation
Tax Planning is an evaluation of your business and/or personal income, evaluating your deductions and savings potential with the proper application of IRS Tax Code. Your tax plan is the annual road map to ensure you are maximizing your tax savings potential with your business and individual deductions. We are here to help you tax plan.
Details for Tax Preparation
With a wave of new tax changes affecting your business and personal taxes. You need a firm that stays current with the latest tax code changes. Whether you are an individual, business or non-profit entity, income taxation can be a complex road to navigate alone. We are here to help with your tax preparation needs.
Details for Full Charge Accounting (QuickBooks)
We are here to help you implement an accounting process that keeps your financials current, allowing for better management decisions all year long. Business owners using timely financial statements know where their business stands. Estimated profits/ losses and how to maximize tax deductions before tax time arrives.
About A Tax Shelter
Family Owned And Operated
Over 20 years experience and knowledge
Our mission is clear; to build a lifelong relationship with our clients. We are here to help them solve problems, we advocate for them and we provide the answers they need to make informed decisions regarding their taxes. We aim to provide a friendly, professional and competent service to the individuals and small business clients who depend on A Tax Shelter, Inc every year for their accounting, payroll and tax filing needs.
ATS Services
Tax Planning
Evaluate, Strategize and Implement
Accounting
QuickBooks, Training and Financials
Payroll Service
Efficient, Accurate and Affordable
QuickBooks Training
Business Owners and Staff Members
Tax Preparation
Accuracy, Timeliness and Compliance
Representation Service
Advocate & Negotiate
Blog
What the new Tax Reform Bill means for your tax return
There have been a lot of posts online and news articles about how the new tax reform bill will impact your personal taxes. The new rules go into effect on January 1, 2018 and will impact your 2018 tax return filing in the spring of 2019. There are still seven tax...
read moreNew Tax Reform Changes – the GOP Bill Explained
I know that you are all just as eager to see what the final revisions to the tax reform bill will be once the Senate returns from the Thanksgiving break. Mark J Kohler has create a wonderful video to explain some of the biggest changes proposed in the new tax bill....
read moreFacebook Feeds
Issue Number: Tax Tip 2019-175
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Get ready for taxes:
Here’s what to know about getting a tax refund
Tax returns, like snowflakes and thumbprints are unique and individual. So too, is each taxpayer’s refund. This is something for taxpayers to remember next year when someone they know says or posts on social media about receiving a federal tax refund.
Even though the IRS issues most refunds in less than 21 days, it’s possible a taxpayer’s refund may take longer. Several factors can affect the timing of a taxpayer’s refund after the IRS receives their tax return. Here are a few things taxpayers should keep in mind if they are waiting on their refund but hear or see on social media that other taxpayers have already received theirs.
• The IRS and its partners in the tax industry continue to strengthen security reviews. This helps protect against identity theft and refund fraud. This means some tax returns need additional review, taking longer to process them.
• It can take longer for the IRS to process a tax return that has errors. Therefore, taxpayers should consider filing their return electronically. The e-file software walks the taxpayer through the steps of filling out the return and does all the math.
• E-file software can also help make sure a tax return is complete. This is important because it can also take longer to process an incomplete return. The IRS contacts a taxpayer by mail when more info is needed to process the return.
• By law, the IRS cannot issue refunds for people claiming the earned income tax credit or additional child tax credit before mid-February. The law requires the IRS to hold the entire refund. This includes the portion of the refund not associated with EITC or ACTC.
• It can take banks or other financial institutions time to post the refund to the taxpayer’s account. It can take even longer for a taxpayer to receive their refund check by mail.
IRS posts new deduction, credits and tax bracket thresholds adjusted for inflation for 2020
www.accountingtoday.com/news/irs-increases-tax-deductions-for-2020-and-issues-inflation-adjustmen...
IRS increases tax deductions for 2020The Internal Revenue Service issued its annual inflation adjustments for dozens of tax items and tax schedules.
Frequently Asked Questions
Am I having the correct amount of withholding from my paycheck/retirement distributions?
We offer tax planning services to review your current withholding. Knowing your current and expected tax bracket can take the guess work out of withholding. Check your tax withholding here at https://www.irs.gov/paycheck-checkup and schedule an appointment today with one of our experts to review your current tax and withholding needs.
What is Itemizing and how does this help me?
The IRS issues a Standard Deduction amount annually, this is a no questions asked reduction to your annual income. If you have allowable deductions in excess of the Standard Deduction, you have the option to itemize. Itemizing allows you to reduce your taxable income even more than the Standard Deduction. Review allowable itemized deductions here and see how you stack up. https://www.creditkarma.com/tax/i/standard-deduction-vs-itemizing/.
Who qualifies as a dependent?
Dependents can be your child and, in some cases, other individuals that live within your household or that you provide for. This IRS publication outlines the various steps to determine who is your dependent. https://www.irs.gov/pub/irs-pdf/p929.pdf.
What is the child tax credit, has it changed with the new tax reform?
With the implementation of the Tax Cuts and Jobs Act of 2018, the Child Tax Credit has been raised from $1,000 to $2,000 per child under the age of 17. This act has also allowed for a $500 tax credit for other qualified dependents on your tax return. Read more on the tax changes https://www.irs.gov/credits-deductions/child-tax-credit-and-credit-for-other-dependents-at-a-glance.
What is a tax credit and how does that help me when I file my taxes?
Tax credits help to reduce your tax liability on an annual basis. Some tax credits are refundable becoming part of your refund and others only reduce your tax liability. Here is a list of IRS tax credits https://www.irs.gov/credits-deductions-for-individuals Schedule your tax planning appointment with one of our experts to see if you qualify.
