A Few Words
Youāve got questions, weāve got answers.
You should bring any w-2 received during the year, as well as 1099s, or any document you have received from your brokerage account or 401k. Also, if you sold your house bring a copy of the closing document or any proceeds received from sales.Ā Your tax ID Number and or your social security. Any stimulus payment notices knowns as IRS notice 1444 or other records, IRS Letter 6475 if you received it. Bank account information and copy of your STATES driver’s license or identification card. If you use an IRS assigned PIN because your identity was compromised, bring that also.Ā Our motto at Taxacology is, ” Bring everything you have received, including the kitchen sink, and we will determine its viability and usefulness. “
January 27th , 2025 . Normally IRS sets the date in the 2nd-3rd week of January each year . its expected that theĀ IRS will set January 27, 2025 as official start to 2025 tax filing season; more help available for taxpayers this year. Internal Revenue Service.Ā IRS expects 128.7 million taxpayers to file their taxes by April 15, 2025.Ā
No, you cannot file taxes using your last pay stub merely because it is not guaranteed to be accurate statement of your annual earnings and could deficient in information you need to file a full tax return.Ā
You should bring any w-2 received during the year, as well as 1099s, or any document you have received from your brokerage account or 401k. Also, if you sold your house bring a copy of the closing document or any proceeds received from sales.Ā Your tax ID Number and or your social security. Any stimulus payment notices knowns as IRS notice 1444 or other records, IRS Letter 6475 if you received it. Bank account information and copy of your STATES driver’s license or identification card. If you use an IRS assigned PIN because your identity was compromised, bring that also.Ā Our motto at Taxacology is, ” Bring everything you have received, including the kitchen sink, and we will determine its viability and usefulness. “
January 27th , 2025 . Normally IRs sets the date in 2-3 week of January each year . its expected that theĀ IRS will set January 27, 2025 as official start to 2025 tax filing season; more help available for taxpayers this year. Internal Revenue Service.Ā IRS expects 128.7 million taxpayers to file their taxes by April 15, 2025.Ā
No, you cannot file taxes using your last pay stub merely because it is not guaranteed to be accurate statement of your annual earnings and could deficient in information you need to file a full tax return.Ā
The benefits are numerous, first a chartered tax professional agent can prepare your return and discuss various credits and deductions with you, an agent can also assist in e-filing or sending in the return to the IRS, amendments can be done to existing return which has been filed if it contained certain emissions or errors, an agent can also assist you in exploring which deductions can or canāt be taken off your schedule C or āGIGā economy returns. In short, an agent can really be an asset by not only guiding you through the tax return process but providing in depth knowledge as what is or is not allowable under the IRS code, which is comprised of over 51,000 pages. A chartered tax professional is required to do an 18-month program that consists of five income tax ( individual and corporate tax courses ) and courses totaling 157 continuing education (CE) hours. Plus, a 300-hour experience requirement that can be completed over two tax seasons to receive the CTPĀ® designation. That is the chartered tax professional not only goes through extensive education but has to have the required experience to obtain certification . Our tax professionals combine these degrees along with traditional degrees such as a ā law degree ā to provide you excellence in service and advise . Our crew of tax professionals have attended prestigious Universities such the University of Minnesota , University of Georgia , Drake University , and University of Iowa and Iowa State. .
Yes you as the taxpayer always have the option to file electronically or paper return. The IRS seems to prefer electronic filing, but we have clients which still prefer the paper return method of going to the United States Post Office for delivery. Post pandemic IRS service centers are up and running with an almost pre pandemic degree of efficiency , however caveat ā paper returns ā do take longer to process and can be subjected to slow downs due to covid variations and their respective spread .
The Internal Revenue Service confirmed that the nationās tax season will start for individual tax return filers on January 23, 2023 ,when the tax agency will begin accepting and processing 2022 tax year returns.
As a Taxpayer you can access the IRS website at: www.irs.gov, there you have option to download an app called: IRS2Go app or click on “check my refund status”. Normally you can access that information, 24 hrs. after filing via electronic method, or four weeks after you mailed your return.Ā Keep in mind that the IRS updates their DATA daily usually overnight.Ā
If you served our armed services , Army, Marine, Navy , Air Force, National Guard, US Coast Guard or Merchant Marine, call us and we will prepare your return for FREE ! , and we want to thank you for your service.Ā