Monotelo Speaks To The Iowa Professional Fire Fighters and The Minnesota Professional Fire Fighters
Monotelo Advisors spoke before the Iowa Professional Fire Fighters and the Minnesota Professional Fire Fighters in September.
Monotelo was invited to speak because of their unique knowledge of the firefighting profession and how they apply that knowledge to help firefighters retain a higher percentage of their income. "We find that career firefighters are overpaying anywhere from a few hundred dollars per year to over one thousand dollars per year on their tax bill" - shared Jim Allen, Director of Monotelo Advisors.
In their presentations in Iowa and Minnesota, Monotelo offered a no-obligation "Look-back" for IAFF local members. The Look-back starts with a brief discussion, reviewing past job related expenses. Monotelo then compares the expenses identified in the discussion with the expenses that were used on their prior tax returns. When there is a meaningful difference between the two, Monotelo will correct
"We find that career firefighters are overpaying anywhere from a few hundred dollars per year to over one thousand dollars per year on their tax bill"
the past three years and recover money that was left on the table.
John Jensen has been a firefighter for twenty six years. He is a 21 year veteran with Des Moines Local #4 and the Secretary/Treasurer of the Iowa Professional Fire Fighters. After hearing Monotelo share their story, John had a few comments of his own: "As a firefighter and public safety person, I know there is more out there that I can deduct; but I am a firefighter, not a tax expert. And my local accountant doesn't know this either because they don't specialize in firefighters. Monotelo's discussion helped clarify some of these issues."
In addition to their work recovering hard-earned money for firefighters, Monotelo is extremely busy from January to April, filing tax returns for firefighters and helping them keep a larger percentage of their earned income. "I suspect we will file somewhere between fifteen hundred and two thousand returns for firefighters all across the United States in 2018" said Jim Allen, director of Monotelo Advisors. "We often hear our new clients say: 'No one has ever taken the time that you guys took to help me get every deduction that is available to me.' And it's usually those new clients who introduce us to their friends and family."
Monotelo also partners with IAFF Locals across the country, using technology to attend union meetings to share the information firefighters need.
For questions about how Monotelo can help your local, contact Jim Allen at firstname.lastname@example.org