Newsletter

ACCO INCOME TAX & ACCOUNTING SERVICE

204 Governor Printz Boulevard
Claymont, DE 19703-2910

302-798-0009

www.accotaxinc.com

The office hours for the 2009 tax season are listed below. This schedule begins on Monday, January 26, 2009 and continues through Wednesday, April 15th, 2009; appointments may be scheduled prior to January 26th:

Monday through Thursday

Friday and Saturday

Sunday

By Appointment Only

Before making an appointment or dropping off your taxes to be prepared, be certain you have a valid Social Security Card for yourself, your spouse and dependents (if applicable). Please be aware that missing or inaccurate information from our clients inhibits our ability to process the return in a timely manner. If the information you provide to us differs from the information available to the Internal Revenue Service (IRS), there may be a delay when the IRS processes your return.

Income taxes are collected on a pay-as-you-go basis either through withholding on wages and pensions or as quarterly estimated payments on other income. Every taxpayer that owed taxes last year should increase their withholding or make estimated tax payments or you could be penalized.

Energy savings improvements to your home were extended into 2008. A 2008 credit may be claimed for adding qualified solar panels, solar water heaters, and fuel cell property to a residence.

You may be eligible for a Tax Credit if you purchased a new Hybrid vehicle.

There is special consideration for members of the military serving in a designated combat area or hazardous duty area.

All donations to charity must be substantiated and items donated must be in good condition.

2008 Tax Changes

· Real estate taxes paid in 2008 by Non-itemizers cam claim an extra deduction.

· First time home buyer credit may be allowed on the purchase of principal residence after April 8, 2008 and before July 1, 2009.

· “Kiddie Tax” has been extended to children who are 18 or under, or are full time students - ages 18-24.

Benefits of Electronic Filing (E-File):

· Receive your refund in approximately 10 to 14 days

· Refunds can be directly deposited into your checking or savings account which saves time

· Faster submission of your return

· Additional error checking to verify the accuracy of your return

· Confirmation from the IRS and States that your return was received

· Priority processing for only $25 with the purchase of tax preparation services

· Saves paper – Go Green

Please complete the enclosed ACCO TAX Client Information form and bring the form with you when you provide us with your 2008 tax information. This will improve the tax preparation process.

Should you like a client tax information organizer, please contact our office. The Organizer assists you in gathering your tax information for a successful completion of your tax return.

It has been a pleasure providing you with tax and accounting services throughout the years. This year we are proud to announce that we are celebrating our 39th Year in business and we would like to take this opportunity to thank you for your patronage as we continue to offer quality income tax and accounting services for many years to come.

Sincerely,

Albert W. Griffith, Jr.

Privacy Statement: Acco Tax does not release your personal information for marketing purposes.