Question 1

Why should I hire a tax preparer?

Accepted Answer

The simple fact of the matter is that taxes are complicated—not to mention boring! Preparing taxes, especially if you have multiple income streams or are self-employed, can be a nightmare. At Accurate Tax Services LLC, our certified professionals are trained to take all the guesswork, research, and mistakes out of preparing your return. This means more time to focus on the things that are really important to you, and a higher return.

Question 2

Will a professional get me a greater tax return than doing my taxes on my own?

Accepted Answer

A professional tax preparer knows which common mistakes and pitfalls to watch out for. There are countless small mistakes that can be made preparing your taxes that directly affect your return. It may be possible to get the maximum possible return filing your taxes yourself—but as anyone who has tried will tell you, this is often at a great loss of time and energy.

Question 3

Do you have to file your taxes every year?

Accepted Answer

Contrary to popular belief, not everyone always has to file their taxes every year. Depending on many factors, like the type of income you earned, the total dollars you earned, your age, and your filing status, you may not have to file a federal tax return. Our tax preparers are trained to know whether you have to file a return or not. To ask us a question, call us now at (208) 275-9963.

Question 4

What happens if I owe back taxes?

Accepted Answer

That depends! There are federal penalties for failure to pay taxes, and they can be severe. These penalties can get worse the longer you fail to pay them. If you’re behind on your taxes, don’t panic. Our team is here to help you catch up, without judgement.

Question 5

What do I need for Income tax preparation?

Accepted Answer

You will need the following information:
Your social security number.
Your spouse’s social security number.
Social security numbers for any dependents.
All W-2 forms from all of your employers from the tax year you’re working on.
1099 Forms for completed contract work that earned you more than $600
Investment income information (interest, dividends, proceeds from stocks or bonds, and income from foreign or other investments).
Business income information (for any and all businesses you own or have shares in).
Unemployment income information.
Rental property income information.
Social security benefits.
Miscellaneous income information (like anything you earned jury duty, winnings from lottery or gambling, prizes and awards, and information about anything you might have received from savings accounts for medical bills).

TAX FAQ'S

Frequently asked questions

Why should I hire a tax preparer?

Will a professional get me a greater tax return than doing my taxes on my own?

Do you have to file your taxes every year?

What happens if I owe back taxes?

What do I need for Income tax preparation?