We make taxes and bookkeeping simple.
2021 Tax Guide
Alakov469
Tax Guide

Here at Red Rock Tax we have created a Tax Guide to help guide you through the 2021 Tax Season

We discussed the changes of this year’s taxes, but now let’s chat about all the documents you should bring with you to make your tax appointment seamless and easier. We can guide you through the process and remind you what else you may need, but using this guide before meeting with us will help get everything done more quickly. We’ll break the list down by a few sections including personal information, income, and deductions. 

Personal Information: 

We’ll want you to bring in any of your personal information like last year’s taxes, social security cards for yourself and any of your dependents. You wouldn’t normally need last year’s taxes; however, since you can use the previous year’s taxes because of Covid, it’s a good thing to bring them with as a reference. You’ll also want your checking or savings information handy if you’d like your returns directly deposited into an account. This is also where we’d want to see the government statement of your stimulus payment. 

Income:

Everyone knows your W-2’s are the biggest chunk of the income you’ll want to bring for your tax prep. At this point, all employers have mailed out the W-2’s, so you should have those documents. If you were like many American’s who used unemployment because of Covid, then you’ll need to bring in the 1099-G statement. Self-employed individuals will also need to bring in their invoices and tracking for their businesses. Proof of rental income, retirement income, savings income, and any other 1099 forms all need to be brought into your appointment. 

Have any questions, give us a call here at Red Rock Tax & Consulting. We are here to help you get through the stress of taxes! We offer a free 30-minute consultation so call us and let’s get your appointment set up at 435-635-2494


From all of us here at Red Rock Tax & Consulting we hope you have a spectacular day!


For more Tax Tips make sure you are following us on Facebook
Also, find out more about us at www.redrocktax.com

Have any questions, give us a call here at Metro Tax & Financial Services.
We are here to help you get through the stress of taxes!

We offer a free 30-minute consultation so call us and let’s get your appointment set up (928) 680-1444

For more Tax Facts make sure you are following us on Facebook

Click HERE for more Tax Facts and Financial News

Suggested Articles

Tax Brackets 2025

As we’ve discussed before HERE, tax brackets can change each year or with each new government, 2025 is no different, as inflation also proved another reason to change some of the tax brackets. According to the IRS, “the top tax rate remains 37% for individual single...

CFOs Can Help You Reach Your Business Goals

A new year means a new way of doing things. Whether you’re a small or large business, we can help take care of you! Businesses can create new year’s resolutions as well. A Chief Financial Officer (CFO) can help you get your business goals and resolutions in line. CFOs...

Tax Fact: Do you need an Accountant?

As a business owner, an accountant can help you handle growth transitions, such as hiring employees or taking on more office space. They'll look after the detail (payroll, employee tax management, property tax, utility payments, and so on), leaving you free to look at...

Student Loan Relief Package

Loan Relief Photo by MD Duran on Unsplas With 2020 being a pandemic year, the government understood that many individuals lost their jobs and couldn’t make payments to their loans. So they created a student loan relief package. Last time we talked about the Low Down...

Tax Needs: Startup Businesses

StartUp Business Photo by Jud Mackrill on Unsplash Entrepreneurs across America believe in the beauty of starting their own businesses. However, the startup and the taxes often cause people to stop in their tracks. Don’t fret! We want you to excel and...

Taxpayers Beware: Scammers

As we approach the holiday season, scammers increase their attempts to steal, scam, and take your hard-earned money. More people are stressed out, easier to fool, and more likely to donate to charities. However, many new fraudulent charities pop up, hoping to convince...

Tax Fact: S-Corp or LLC?

Question... Should I have an S-Corp or should I have a Single Member LLC? Limited liability companies(LLC) and S corporations share several benefits for sole proprietors, including protecting personal assets from business creditors. Choosing between a single-member...

Tax Fact: Next Year’s Taxes

When should I start thinking about my next year's taxes? What?! Wait! Tax season is over, why would I want to think about next year's taxes already? We as individuals file one tax return a year, but taxes affect us each and every day, 365 days to be exact. So, what...

Tax Fact: Financial Tips

It's Tax Fact Tuesday!I We would like to share with you some financial tips... some you may have never thought of......When is a good time to focus on your financial health? I am going to say... NOW Get paid what you're worth and spend less than you earn. That may...

Tax Fact: Taxable Income is BELOW your Gross Income.

Did you know..... Your taxable income is below your gross income. What?? Some taxpayers assume if they make $50,000, they'll be taxed on $50,000 in income---- but this isn't the case. The salary you earn from your employer is called your gross income. You'll need to...
Google
4.7
★★★★★
69 reviews