We understand that filing taxes can be a stressful and time-consuming process. That is why we make it our mission to make tax preparation as simple as possible for our clients. We provide a wide range of tax preparation and filing services to individuals and businesses throughout the United States.
Our expertise and experience can help you with your personal tax return, business tax filings, or estate and trust taxes. We provide a variety of tax filing options, including online and in-person assistance, to allow you to select the method that best meets your needs and preferences.
We also handle complex tax situations and can provide personalized tax planning and strategy to help you minimize your tax burden while maximizing your financial success. Tax laws are complex, but the most common tax return mistakes are deceptively simple. By filing electronically, many mistakes can be avoided. Our tax software performs the calculations, flags common errors, and prompts taxpayers for missing data. It can also assist taxpayers in claiming important credits and deductions.
Tax laws are complicated, but the most common tax return errors are surprisingly simple. Many mistakes can be avoided by filing electronically. Tax software does the math, flags common errors, and prompts taxpayers for missing information. It can also help taxpayers claim valuable credits and deductions.
- Filing too early. While taxpayers should not file late, they also should not file prematurely. People who don’t wait to file before they receive all the proper tax reporting documents risk making a mistake that may lead to a processing delay
- Missing or inaccurate Social Security numbers (SSN). Each SSN on a tax return should appear exactly as printed on the Social Security card.
- Misspelled names. Likewise, a name listed on a tax return should match the name on that person’s Social Security card.
- Entering information inaccurately. Wages, dividends, bank interest, and other income received and that was reported on an information return should be entered carefully. This includes any information needed to calculated credits and deductions. Using tax software should help prevent math errors, but individuals should always review their tax return for accuracy.
- Incorrect filing status. Some taxpayers choose the wrong filing status. We can help taxpayers choose the correct status especially if more than one filing status applies. Tax software also helps prevent mistakes with filing status.
- Math mistakes. Math errors are some of the most common mistakes. They range from simple addition and subtraction to more complex calculations. Taxpayers should always double check their math. Better yet, tax prep software does it automatically.
- Figuring credits or deductions. Taxpayers can make mistakes figuring things like their Earned Income Tax Credit, Child and Dependent Care Credit, Child Tax Credit, and Recovery Rebate Credit. We will calculate these credits and deductions and include any required forms and schedules. Taxpayers should Double check where items appear on the final return before clicking the submit button.
- Incorrect bank account numbers. Taxpayers who are due a refund should choose direct deposit. This is the fastest way for a taxpayer to get their money. However, taxpayers need to make sure they use the correct routing and account numbers on their tax return.
- Unsigned forms. An unsigned tax return isn’t valid. In most cases, both spouses must sign a joint return. Exceptions may apply for members of the armed forces or other taxpayers who have a valid power of attorney. Taxpayers can avoid this error by filing their return electronically and digitally signing it before sending it to the IRS.
Here’s what you get…
- Your tax return will be checked and rechecked by our computer software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
- Your tax return can be filed electronically so you will get a refund back quicker.
- Our staff will show you how to adjust your payroll withholding to get more money back each week.
- We will show you potential deductions to limit your tax liability for next year. In addition, we will give you a sheet of commonly overlooked deductions to limit the following year’s tax liability.