The tax filing season is upon us, and many people will be looking for someone to help them file a tax return. Taxpayers should choose their tax return preparer wisely. This is because it’s ultimately the taxpayer who is responsible for all the information on their income tax return. It’s important for people to remember that this is…
Category Archives: Tax Return Preparation
How To Fill Out A W-4 Form
The first step in planning for the year’s tax liability is filling out a W-4 form for your employer. Most people do not even know what a W-4 is let alone how to fill one out or the consequences for completing it incorrectly. While you will not be stoned in the street for claiming too…
The Benefits Of Electronic Filing
Of all the intricacies of tax preparation, few aspects are as beneficial as electronic filing or e-filing. Not only is this advantageous to the Internal Revenue Service, as it reduces paperwork, it is also a benefit to individuals filing their tax returns. Here are just a few of the ways you can enjoy all electronic…
What to do if you have Unfiled Tax Returns
Unfiled Tax Returns Some people avoid filing their tax returns because they don’t want to, or can’t afford to pay taxes they owe to the IRS. Others simply forget or don’t know they need to file. Whatever the reason may be, having previous years of unfiled tax returns can create problems whether you are due…
Tax Preparation – Frequently Asked Questions
What are tax preparation options? There are multiple tax preparation options you can choose from. Once you’ve gathered all the tax documents needed, you can now decide if you want to file your taxes by hand, use a tax software, or hire a tax professional to do it for you. Each of these options has…
Find a Tax Return Preparer
Before you start your search, you might be wondering about all the different kinds of tax pros out there or who can do your taxes. Basically, anyone can call himself a tax preparer and file your return for you. There are two types of tax professionals, though, that is probably most appropriate for you and…
How much should you pay to file your taxes?
One of the biggest decisions taxpayers face each year is how to file their tax returns. Last year, 86%, nearly 132 million, of tax returns were filed with tax software. But out of those computer-prepared and e-filed tax returns, almost 79 million were completed by tax professionals. Why hire a tax pro to do your…
IRS Aims to Improve Tax Preparer Security to Combat ID Theft
The Internal Revenue Service has launched the second year of its public awareness campaign aimed at improving taxpayer security in partnership with tax software companies, tax preparation chains, and state tax authorities. The campaign from the IRS and its partners in its Security Summit program includes a series of security awareness tax tips, a set…