Page 14 - Colquitt Shopper

Page 14 – The Colquitt Shopper (Say You Saw It In The Colquitt Shopper)
GUIDE TO SALES & SERVICE
Visit Us Online at www.ColquittShopper.net
Tuesday, August 8, 2023
TAX PLANNING TIPS
Written by Dennis W. Futch, E.A. 229-985-0176
WHEN TO CALL: COMMON SITUATIONS THAT REQUIRE A TAX REVIEW
Taxes can affect many areas of yourlife.Herearesomecommonsit- uations when you'll want to schedule a tax review.
1. Something changed in your life. A change in your life could mean sig- nificant changes in your tax status. Some of these changes include: How your taxes may be different: Tax de- ductionsandcreditscanincreaseand decrease because of these and other lifechanges.You'llwanttoknowas soon as possible if your taxes will be going up so you can be prepared to pay the increased amount.
a. Getting married or divorced b. Retirement
c. A child starting college or an
adult going back to school d. Moving to a new home
e. The birth of a child or an
adoption
f. A family member passes away
2. A new job. You'll have several decisions to make when starting a new job that will affect your tax situ- ation: How your taxes may be differ- ent: You can decrease your taxable income by contributing to qualified retirement and medical savings plans. A tax planning session can reveal how muchyoucancontributetoeachof these plans, and if you should con- sider adjusting your paycheck with- holdings.
a. Retirement savings plans - Learn about the available retirement savings plans offered by the em- ployer and any other tax-deferred savings options. Remember that some employers will match a certain percentage of contributions that an employee makes to a plan.
b. Medical savings accounts - Your employer may offer a Flexible Spending Account or a Health Sav-
ings Account to help with paying cer- tain medical expenses with pre-tax funds.
c. Withholding - You'll need to determine if you want additional fed- eral (along with state and local in- come taxes if applicable) income taxes withheld from your paycheck beyond what your employer is obli- gated to withhold.
3. A new business or side hustle. A new business (hopefully!) means moremoney,butalsomoretaxre- sponsibilities. Here are some things to consider: How your taxes may be different: Most small businesses are flow through entities. This means any business profits will add to your per- sonal income. Because of this, your personal tax situation could vary dra- matically!Sotaxplanningbecomes critical on two fronts: Your new tax- ableincomelevelANDhelpingyou stay in compliance at the federal, state and local business tax rules.
a. Separate accounts and credit cards - If you only remember one tip, it's to keep separate accounts. With- out this, it is easy for the IRS to deem expenses as personal and, therefore, not deductible.
b. Paying estimated taxes - As a business owner, you are responsible for making tax payments throughout the year to the IRS if your business is profitable.
c. Setting up a bookkeeping sys- tem - Having an accurate bookkeep- ing system is vital to making sure you don't pay any more in taxes than you're legally obligated to pay. Con- sider reconciling your bank accounts weekly(orevendailyifpossible)so they're always current.
d. Other tax responsibilities - You may be required to submit a sales tax return depending on what types of products you sell or services you pro- vide.You'llalsoberequiredtosubmit various payroll tax returns if you have any employees.
Nobody likes a tax surprise and now is a great time to schedule a tax planning review.
Call us at 229-985-0176. www.thetaxshop.net
A/C SALES & SERVICE
BOBBY L. FERGUSON
Heating &
Air Conditioning,Inc. Over 40 Years Experience!
We Sell the Best & Service the Rest!
Duct Work Cleaning
(229)891‐3480
INSURANCE
MEDICARE
If you are low income: • SINGLE ‐
Less than $1,661 monthly
• MARRIED -
Less than $2,239 monthly
I will help you to see if you are eligible for Medicaid and save
Part B premium and get
a $180/month food card. Call Roger Gay
229-873-2478
LAWN CARE
Jose
Landscaping Service
WORD OF PEACE MINISTRY
832 North Main St. Moultrie, GA Sunday 3:00 pm Tuesday Night Bible Study 6:00 pm - 7:30 pm Pastor Ronnie Daniels Co-Pastor Valyncia Daniels 229-848-1401 or 229-848-2604
• Mowing • Edging
• Trimming • Raking
• Weed Eating • Blowing
• Spraying
229-456-6311 or 229-319-8357
PSALMS 139:23-24
Search me, God, and know
my heart; test me and know
my anxious thoughts. 24See
if there is any offensive way
in me, and lead me in the
HELP WANTED
GUTTER TECHS
• Experience In
Construction/Metal
• Must Be Able To Read
A Tape Measure
• Must Have A Valid
Driver’s License
• Background Check Re-
quired
GA - FL Seamless Gutters
To Apply Call
229-616-7772 ––––––––––––––––––––––
FOR SALE: 2021 Honda Rebel 300 motorcycle, 2 Brothers exhaust system in- cluding all original parts, for- ward controls, only 317 miles, $5000 firm. Call Ron at 229-456-8619.
way everlasting.
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PUBLIC NOTICE: Having reached the Age of Majority, Cory Allen Dodge has doc- umented the status of own- ership over the principal, interest and all accounts of CORY ALLEN DODGE and all variations of the name CORY ALLEN DODGE. I am the party named in the birth certificate, 112-1987 0093108, registered with Illinois department of Public Health. Division of vital records, filed on November 30, such portion 1987.
WANT TO BUY: Barley or
soy beans that come right
out of the field, perhaps 50
lbs. I live in the Tifton, Ga.
area. Call & leave a msg. at
www.ColquittShopper.net
and get a digital copy delivered straight to your email every Monday Morning!
ALL THAT & SOME
Upscale Thrift Store 300 E. Central Ave. NE.
6 pc. beige sectional couch, (1) brown brand new dinette set with (4) high back chairs, (1) office desk, microwave, several air fryers, end tables, a few used refrigerators, sev-
eral purses to choose from &
interior doors.For More Info.
Call All That & Some at
229-429-5263. ––––––––––––––––––––––
LIFESPRING COMMUNITY CHURCH SATURDAY SHABBAT SERVICE
at 9:30 am
With teachings of Jewish roots of Christianity and prophecy. Food & fellowship after service. Everyone in- vited & welcome. Call 229-
985-2233 for more info.
PRAISE BAPTIST CHURCH
500 Hopewell Church Rd. Moultrie, GA Sunday Morning
11:00 am Pastor Jerry Evers
FOR SALE: Electric fence charger with cover, worked when I took it down, $25; Antique porcelain crock for pickling, $75 OBO; HP ink cartridges, still in box, (2) black & (1) color, $400 all OBO;Tripod gravity feed deer feeder, hold 100 lbs. of corn, $50 OBO. Call 229- 225-8020.
WANTED: I am looking for 3 or 4 female ducks that are between 4-12 months old.
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• Round-up Feed & Weed
Free Estimates
• Cut Small Trees
• Pine Straw & much more OWNER: 229-429-9706,
SECURITY
ALERT
SERVICES, INC.
FIRE & BURGLAR ALARMS
(229) 985-3321 BILL SMITH
110 - 5th Ave. NE Moultrie, GA 31768 State Low Voltage
Licensed
REALTOR
TENTS/PORT. TOILETS
TREE SERVICE
Just Call Sonny Gay!
229-589-0539 or
229-985-HOME sonny@birchandpine.com
PRICO
TENTS & PORTABLE TOILETS We Rent Tents, Chairs,
Tables & Port-a-Johns
ALL OCCASIONS
Serving Moultrie & South Georgia Since 1981
229-873-2543 229-985-7268
MC’s Tree Service, Inc.
Owner: Clint Herrington
229-873-7010
• Trim Up
•CutUp
• Clean Up
• Small Tractor Work
Free Estimates!
YARD SALE
Sat., August 12th & Sun., August 13th 7:00 am - 5:00 pm
384 East Gate Circle Clothes, toys, curtains, sheet
sets, cookware, glass items, furnitures & whatnots.
BARKLEY JONES Construction, Inc.
For Sale
Dirt, Top Soil, Sand Clay, Crushed Concrete
& Crushed Asphalt
229-319-2141
Hope House
Women’s Clinic
Provides free pregnancy
testing, options counseling,
referrals and support to
anyone facing an un-
planned pregnancy.
716 5th Avenue, SE
Moultrie, GA 31768
229-890-5244
229-382-0979.
Open Mon. - Thurs. 9 am-5 pm
–––––––––––––––––––––– FOR SALE: (2) boxes of Winchester .270 PowerPoint 150 grain, $50 cash firm; (3) boxes of Remington .270 Core-Lokt 150 grain, $75 cash firm; Makita radial arm saw, $75 cash. Call 229-473- 0726. 32-33
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RIBBON CUTTING FOR TROPICAL SMOOTHIE CAFE
Reentry Program for Ex-Offenders and Families
+ Spiritual Guidance
+ Job Placement
+ Computer Skills Training
+ Financial/Budget Programs
+ A Resource for Families
+ A Place for Prayer and Encouragement
Jase Bass 724 5th Ave. SE (229) 985‐LIFE Moultrie, GA 31768
• Windows & Doors
• Plywood • Roofing Lumber Products • Hardware
Holman Supply Co.
7:30 a.m. - 4:30 p.m. Monday - Friday
229-985-2050 FAMILY OWNED FOR 100 YEARS
Call 229-890-8888.
Shown center cutting the ribbon are co-owners: Nancy Hemingway & Patti Meridian with staff, community members, Chamber Board of Directors and Ambassadors.
The Moultrie Colquitt-County Chamber of Commerce recently held a new member ribbon cutting
for Tropical Smoothie Cafe, located in Colquitt County! Tropical Smoothie Cafe offers their customers delightful treats and delicious meals with an emphasis on healthy eating. Their hours are from Monday through Friday from 7:00am until 9:00pm, Saturday 8:00am until 9:00pm, and Sunday from 10:00am until 8:00pm. You can reach them by downloading their app or going online
to tropicalsmoothiecafe.com to order.
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