Frequently Asked Questions About Tax Returns
When there are several elements involved in filing your tax returns, it can get challenging to complete the whole process accurately. At the same time, you may have a ton of questions on your mind to figure out what you need to do, but find answers difficult to come by. To clear your doubts, Corey & Associates wants to arm you with the most accurate information available and to provide you with the details you need, we’ve answered some of the most frequently asked questions about tax returns.
1. How to save money on my tax returns?
A guaranteed way to save money when filing your taxes is to file them on time, so you do not have to pay late charges.
2. What are the dates to file my tax returns?
For most years, the last date to file taxes is March 15 for business and April 15 for individuals. Contact us for more information.
3. Why should I file an extension?
Filing for an extension will give you more time to file your returns, so you do not have to pay late fees. On the other hand, it does not delay any interest if you owe money.
4. Why will TurboTax cost me money?
You may find it challenging to answer their questions. Moreover, they have no system to confirm that the return filed was accepted. Also, unless you have very simple tax returns, you will find it very tiresome to file your taxes correctly through this method, which increases the chances of you getting an inquiry letter from the IRS.
5. Why should I pay to open my LLC?
Most of the time, the process of opening an LLC is done wrong. Usually, there is more to it than just paying the state to open up an LLC establishment. Contact us for more information.
6. What is the best way to find a professional accounting office?
One of the most reliable ways to find an ideal tax accounting professional is to check Google or Yelp reviews. These online platforms are very informative and can expertly direct you to the right professional.
7. How do I check to see if the accounting office is a scam?
To verify the credibility of an accounting company, you can ask them for how long they have been in business and at the same location. You can then check public records to date back the existence of the company or talk to individuals who have used their services before.
If you have any more questions about tax returns, get in touch with the experts at Corey & Associates. We are experienced tax accountants in Hialeah, Miami Lakes, FL, and we provide our clients with the best accounting, tax, and consulting services possible by expanding their knowledge and practice of the accounting function in their business across Florida.