|
If you want to pay more in taxes, well, that’s your business. But if you want to pay LESS in taxes, that’s OUR business.
Anyone can plug numbers into some software program. There are “free options” out there. There is software that can guide you through the process. There are tax preparers that can help. But all these options have challenges.
How well do you know the tax code? It’s got over 14 million words. Very complicated and intimidating. Software asks repetitive questions and can omit important issues; it is not all-encompassing! Just ask one of the top government officials who used a popular software program and ended up owing the government over $50,000 in taxes, interest and penalties! You just can’t ask the box a question either!
And then, there are tax preparers, well-intentioned as they are, who know the code, have the best professional tax software and yet don’t look to minimize the impact of taxes. That’s where a good tax planner can come in. Once the year is over, you can only “write history.” Why not change that to “making history” by using a tax professional who will use every available tax strategy to save you as much as possible on your taxes?
Our goal in the tax preparation process is to make things easy to understand and easy to get through the complex process of preparing your taxes. We’re fast and friendly. With years of tax preparation and tax planning experience behind us, we have access to the most complete sources of tax information available. Our rates are reasonable and our service is comprehensive. In short, we are experts in the tax preparation process. And we have a verifiable track record of saving our clients hundreds of thousands, if not millions, of dollars in unnecessary taxes.
We specialize in coordinating your personal and business tax returns (if you own a business). This calls for year-round tax consulting and tax advice. Many other tax preparation services don’t have the level of sophistication that you need to make sure your taxes are prepared right the first time. We use strategies designed to make sure you get the most deductions allowable by law. Even if you haven’t filed your taxes in a while, we can go back and make sure you get up-to-date with the IRS.
Remember: the Internal Revenue Service reminds us that earlier is better when it comes to working on your taxes. Taxpayers are encouraged to get a head start on tax preparation, especially since early filers avoid the last minute rush and get their refunds sooner. Here are five ways to get a jump start on your taxes:
1. Gather your records in advance. Make sure you have all the records you need, including W-2s and 1099s. Don’t forget to save a copy for your files.
2. Verify all Social Security numbers. These are among the most common errors found on tax returns. Taking care will reduce your chance of hearing from the IRS and speed up your refund.
3. Get the fastest refund. When you file early, you receive your refund faster. When you choose direct deposit, you receive your refund sooner than waiting for a check.
4. E-filing is easy. E-filing catches math problems, provides confirmation your return has been received and gives you a faster refund. Better Business Ventures, Inc. encourages e-filing for all their clients.
5. Don’t panic. If you have a problem or a question, remember that Better Business Ventures is here to help all year.
According to the IRS, taxpayers who pay someone to do their taxes should choose a tax preparer wisely. If you choose to use a paid tax preparer, it is important that you find a qualified tax professional. Taxpayers are ultimately responsible for everything on their return even when it’s prepared by someone else.
The most reputable preparers will request to see your records and receipts and will ask you multiple questions to determine your total income and your qualifications for expenses, deductions, and other items. By doing so, they have your best interest in mind and are trying to help you avoid penalties, interest, or additional taxes that could result from later IRS contacts.
While most tax return preparers are professional and honest, taxpayers can use the following tips to choose a preparer who will offer the best service for their tax preparation needs. Among the suggestions the IRS recommends you consider, you should:
Ask about service fees. Avoid preparers who claim they can obtain larger refunds than other preparers, or those who guarantee results or base fees on a percentage of the amount of the refund.
Plan ahead. Choose a preparer you will be able to contact after the return is filed and one who will be responsive to your needs.
Get references. Ask questions and get references from clients who have used the tax professional before. Were they satisfied with the service received?
Look no further than the professionals at Better Business Ventures, Inc. for your tax preparation for this year and beyond.
|