Client Tax Letter   Dear Client, We have provided a check list to help you organize your 2009 tax information.  If you use the organizer, call us and we will mail one to you.  Our appointments fill up quickly, so call early to schedule your choice time.  For your convenience, you may drop off your paper work without scheduling an appointment.  At time of drop off you will be asked to fill out some additional paperwork relating to tax law/procedure changes.  As always, we appreciate your referrals and look forward to starting a new relationship with your family and friends.  Mandatory Electronic Filing:  The State of Michigan requires professional tax preparers to electronically file all eligible returns.  we will E-file your returns at no additional charge to you. Points to Remember Direct Deposit:  Submit a voided check.  A deposit slip is not valid. Inform us of any changes that may affect your tax situation, such as: have you changed your address, added or dropped a dependent?  If you married in 2009 and changed your name, did you notify Social Security Services? Charitable contributions:  There is a new law.  Regardless of the amount, donations of cash must be substantiated with a bank record or written receipt from the do-nee organization.  Contributions of $250 or more must include a written acknowledgment from the do-nee of the amount contributed and if goods or services were received as a result of the contribution. Home mortgage interest deduction:  Some interest may not be deductible under Alternative Minimum Tax, and limited on Schedule A.  You may be asked to furnish additional information. Partnership and S Corporation returns:  There is a penalty imposed for failure to file a timely partnership and S Corporation return.  The charge is $85 per partner/shareholder per month. Extended Deductions:  The State and Local General Sales Tax Deduction, Educator Expense Adjustment to Income and the Higher Education Tuition and Fees deduction have been reinstated.  If you paid taxes on a motor vehicle or boat, include the amount with your tax information. Extension:  Let us know by March 31, 2010 if you will need an extension filed. Stimulus Payment:  We need to know the amount of your stimulus payment if you did not receive the whole amount.  If you received a letter from the IRS regarding you stimulus payment, bring that in with you. If you have any questions, please call.  We are happy to help you.  Please refer to our reference guide on the following pages of this letter.  Payment of your tax preparation will be required when you pick up your completed tax return. Sincerely, Michael T. Fant, CPA, CFP, P.C.