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The Voice of Southwest Louisiana January 2019 Issue

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claiming those credits until at least Feb.<br />

15, and people aren’t likely to see those<br />

refunds until the end <strong>of</strong> February at the<br />

earliest. For everybody else, the IRS says<br />

refunds should be issued in its standard<br />

window <strong>of</strong> 21 days from the time it gets<br />

your return.<br />

<strong>The</strong> <strong>Voice</strong> <strong>of</strong> <strong>Southwest</strong> <strong>Louisiana</strong><br />

reached out to Erin Webb, Owner/<br />

Operator <strong>of</strong> TaxWebb to talk tax<br />

preparation for home improvements. Erin<br />

is a wife and mother <strong>of</strong> 3 beautiful young<br />

ladies and enjoys decorating, crafts,<br />

movies, seafood and dancing with her<br />

three girls.<br />

QWhat is TaxWebb?<br />

ATaxWebb is a Tax Preparation Company.<br />

Tax preparation is personal, and<br />

you deserve personalized service and<br />

pr<strong>of</strong>essional courtesy, so we prepare your<br />

taxes and educate and inform you during tax<br />

season. We’re locally owned and operated at<br />

1802 Kirkman Street to ensure you receive<br />

the best possible outcome year-round.<br />

QWith such a saturated and diverse<br />

market for tax preparation, why did you<br />

decide to become a tax preparer?<br />

AIt’s simple, I could not get my own tax<br />

questions answered by advertised Tax<br />

Companies. It became frustrating. I decided<br />

that I could get my questions answered and<br />

address my concerns on my own. It’s up to<br />

every taxpayer to be conscious <strong>of</strong> who files<br />

their taxes and has access to their personal<br />

and confidential information. My mom,<br />

Dianna Ross owner <strong>of</strong> Ross Consulting taught<br />

the Emerging Business Development classes<br />

for the Chamber for over 6 years encouraged<br />

me to go into business for myself and help<br />

others. She helped with the start-up and is<br />

my business partner.<br />

I enjoy getting results for my clients. My<br />

motto is “If I can’t do it, it can’t be done”<br />

and I stand by that. I go the extra mile for<br />

my clients because I know how important<br />

it is to leave informed and know that you<br />

have someone that will always act in your<br />

best interest.<br />

QAre there any new credits or<br />

incentives for 2018?<br />

ABipartisan Budget Act <strong>of</strong> 2018 (BBA)<br />

extended credits. <strong>The</strong> BBA reinstated<br />

the nonbusiness energy property credit<br />

for 2017, and it reinstated the residential<br />

energy efficient property credit for qualified<br />

small wind energy property costs, qualified<br />

geothermal heat pump property costs, and<br />

qualified fuel cell property costs to the end <strong>of</strong><br />

2021.<br />

Residential energy Property Credit-<br />

Homeowners are able to claim 30% <strong>of</strong><br />

the cost <strong>of</strong> alternative energy equipment<br />

installed in or on their homes for the<br />

following things:<br />

• Solar electric property<br />

• Solar water heating property<br />

• Fuel cell property<br />

• Small wind energy property<br />

• Geothermal heat property<br />

Non-business energy property credit<br />

- With this credit, homeowners are able<br />

to claim 10% <strong>of</strong> the price <strong>of</strong> the eligible<br />

home improvements (excludes labor/<br />

installation fees).<br />

QWhat types <strong>of</strong> home improvements<br />

are worthy <strong>of</strong> tax credits or incentives<br />

for 2018?<br />

ARefer to IRS.com for additional<br />

information relative to your specific<br />

home improvements.<br />

• Qualified energy efficiency<br />

improvements – Insulation, exterior<br />

windows, storm windows/doors,<br />

metal and certain asphalt ro<strong>of</strong>s<br />

• Residential energy property<br />

expenditures – electric heat pumps,<br />

central air conditioning, natural gas/<br />

propane/hot water boilers, natural<br />

gas/propane/oil furnaces, advanced<br />

main air circulating fan used in<br />

natural gas/propane/oil furnaces, and<br />

biomass fuel stoves<br />

QSo, what types <strong>of</strong> documents<br />

should I provide to show home<br />

improvements?<br />

A<br />

Purchase<br />

receipts, labor receipts,<br />

and the Manufacturer Certification<br />

Statement. (for energy efficient equipment<br />

purchases)<br />

TaxWebb opens <strong>January</strong> 7th for tax<br />

preparation. This year clients can<br />

qualify for up to $6000.00 on a Refund<br />

Anticipation Loan with TaxWebb while<br />

waiting on your refund.<br />

Call 337-602-6299 to schedule an<br />

appointment or consultation.<br />

Volume 6 • Number 6 WWW.THEVOICEOFSOUTHWESTLA.COM <strong>January</strong> <strong>2019</strong> 25

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