Seniors can have special needs when it comes to the filing of their income tax returns. At Andrews Lemek, we offer pickup and drop-off of income tax returns when it is not possible for the client to travel to our office to have their return prepared. We also work closely with guardians, powers of attorney,
The IRS has pushed back the dates it will begin issuing refunds for some filers. For example, if you claim the Earned Income Tax Credit, which is a refundable tax credit for low to moderate income working individuals and couples, particularly those with children, the IRS will not begin processing your return until February 15.
Identity Theft is on the rise, especially at tax season. Thieves are looking for a way to find personal information they can use to file false returns. What happens? If they get your social security number, they will file a tax return under your name and claim a fraudulent refund. This means that you can’t
1.) Increase Your 401(k) Contribution. ABC News Consumer Report notes that there is a double benefit to doing this. You can shore up your retirement savings and lower your tax bill at the same time. 2.) Make Your January 2017 Mortgage Payment in December 2016. You also can deduct 10 percent of the cost of
Selecting a tax preparation professional is an important decision — nothing less than your money and peace of mind is on the line. So when you make that decision, here are some important pitfalls to avoid: Tax preparers who do not have a Preparer Tax Identification Number (PTIN) FreeEnterprise.com advises that 2011 IRS regulations require