FAQs
1. How Much Does It Cost For Tax Return Preparation?
The tax preparation fees can vary depending on the complexity of your taxes and the type of service you require. Simple tax returns may cost as little as $50, while more complex returns could cost upwards of $400. So, the tax prep fees depend on the requirements.
2. Do I Need To Itemize My Deductions?
No, you do not need to itemize your deductions in order to prepare your taxes. However, if you do have certain deductions that you would like to claim, itemizing them can help to maximize your tax refund.
3. What Documents Do I Need In Order To Prepare My Taxes?
In order to prepare your taxes, you will need to gather a variety of documents, including your W-2 forms, 1099 forms (if applicable), and any other documentation pertaining to income and deductions.
4. How Long Does It Take To Prepare My Taxes?
The amount of time it takes to prepare your taxes will vary depending on the complexity of your return. Simple tax returns can often be prepared in an hour or less, while more complex returns may take several hours to complete.
5. When Is The Deadline For Filing My Tax Return?
The deadline for filing your tax return is April 15th. However, if you are unable to meet this deadline, you can file for an extension, which will give you an additional six months to file your return.
6. Do I Need To File A Tax Return If I Didn’t Earn Much Money?
If you did not earn a significant amount of money last year, you may not be required to file a tax return. However, it is always best to speak with a tax professional to determine if you need to file. There are times, when you don’t make much money, that filing at your local office can provide a nice refund. A tax expert may be able to take your tax documents and get the tax deductions you need to get a direct deposit.
7. Can I Get a Refund If I Paid Too Much in Taxes?
If you paid too much in your own taxes, you may be eligible for a federal refund. To claim a refund, you will need to file a return and indicate that you are owed a refund. The IRS taxing authority will then issue the refund to you, minus any applicable fees. You can contact a tax pro to get a maximum refund. Depending on your tax situation most tax software can complete your federal return.
8. What are the best numbers to contact the IRS?
Visit our IRS Phone numbers page to see a complete contact list.
Get Started with Akron Income Tax Co.
Akron Income Tax Co. can help you with your income tax return preparation. We have a team of experts who are ready to assist you with your taxes. From simple returns, rental income, or even if you have small business our tax expert can help you. We offer a variety of services and make it our goal to provide quality service and assistance so that you can get the most out of your tax return. Contact us today to get started.