Do you need some help with your income tax? You might not know how to file and are worried about paying a large sum of money to have someone help with the filing process. When you are on a budget, paying out of pocket for tax preparation is often hard to do, but you know that you need to file your taxes to receive your refund and avoid any issues with the IRS. What you might not know is that there are accountants that provide income tax assistance at affordable rates for those who are unable to prepare taxes on their own. Instead of trying to do your taxes yourself and taking the risk of messing something up, you can let an accountant take on the task.
What to Bring with You When Visiting the Accountant
When you make an appointment to see an accountant who can provide income tax assistance, you need to bring several important documents along with you, including:
- W-2 Forms
- 1099 forms that you may have received
- Social Security card
- Social Security cards of any dependents
- Charitable donation receipts
- Property tax documents (if you own a home)
The accountant will tell you if there is anything else you should bring with you to your appointment. You want to have everything prepared and in a file for your accountant to review when you get to the office because that will make things much easier.
Understanding What the Accountant Will Do
When the accountant has all your information, they will then work on completing important tax information for you. There are some questions that you will need to answer while the accountant sorts through everything, such as:
- Did you live in the state for the entire year or did you live in any other state?
- How old are your dependents?
- Do you have any dependents who are 17 and older that are currently enrolled in school?
- Did you have any business-related expenses during the year?
- Did you receive any unemployment during the year?
The accountant must ask these questions because the answers you provide will impact the amount of income tax you might get back. While some people get a refund, others might owe money to the IRS. It will depend on your financial situation and the tax information provided.
If you need help with filing your taxes, accountants are available to provide income tax services. Filing with the professional help of an accountant lets you know that you are doing things the right way and not making any mistake during the filing process. Contact an income tax assistance service in your area if you need help.
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