To determine whether an individual has to file a return, a tax practitioner must take many things into consideration.
These three questions give tax practitioners the couple of first clues into whether or not a client is going to be filing a tax return.
Lisa, age 30, has one dependent (age1), is single and has earned $15,000.
As a Head of Household, Lisa does not have to file a return because her $15K income is less than the standard deduction of $18K, but she should file to receive any federal or state withholdings she had and any child credits she would get for her dependent.
To provide the most thorough service, our tax experts will review your previous three tax returns. In our experience, many of them contain mistakes that might be missed by someone not well-versed in these constantly changing laws and regulations. For instance, you may have been eligible for credits that you failed to take advantage of, which could have saved you loads at tax time.
If errors are found on any of your tax returns, we can correct those issues, so you can get back in good standing with the IRS.
To assist you with your tax filing and to remain up-to-date with all the IRS rules and laws, we offer a free consultation for 15 minutes. During this initial appointment, we can answer your questions and alleviate your concerns.
We have helped clients in and near the Bronx, Mount Vernon, Eastchester, Westchester, and Yonkers, New York. Call our office now!