The Instant Tax Solutions Ratings Team says that it’s never too early to think about next year’s filing season. Today Community Blog Online gets some helpful tax tips from this respected tax resolution firm.
Community Blog Online: Thank you for joining us today. We bet you are relieved that tax season is over.
Instant Tax Solutions Ratings Team: It is the same, every year; we expect it! People realize they are going to have issues and call on us for help.
Community Blog Online: Well, would you offer our readers some advice on how to avoid mistakes when they are filing at the last minute?
Instant Tax Solutions Ratings Team: The first and possibly easiest thing a taxpayer can do is to file online. IRS Free File or e-file are great solutions to avoid many common mistakes.
Community Blog Online: What about the old school snail mail filers?
Instant Tax Solutions Ratings Team: It sounds like common sense but it’s important to remember to actually get the forms in the mail on time – and to send them to the correct address.
Community Blog Online: How can taxpayers avoid entering in the wrong info online?
Instant Tax Solutions Ratings Team: Whether it’s online or on paper, it is always important to double-check your information before submission. If possible, have a spouse or other trusted person review it also.
Community Blog Online: Does the IRS keep bank routing numbers on file for those wishing for a direct deposit – if they are owed a refund, that is?
Instant Tax Solutions Ratings Team: No, they don’t. Make sure your account and routing numbers are all correct, otherwise there may be a delay in repayment.
Community Blog Online: Who must sign a joint return?
Instant Tax Solutions Ratings Team: Both spouses. If you are filing jointly and using e-file, you can assign a PIN as a signature.
Community Blog Online: For paper filers, what should be included in the return documents?
Instant Tax Solutions Ratings Team: W2s and any other forms that are needed to support tax withholding information.
Community Blog Online: How long should you keep your previous years’ returns?
Instant Tax Solutions Ratings Team: We typically recommend keeping them as long as is feasible. Also, make sure it is a signed copy.
Community Blog Online: What about those taxpayers who can’t file on time?
Instant Tax Solutions Ratings Team: If you are still waiting on documents to support your tax return, then you can file Form 4868 for an extension.
Community Blog Online: But tax payments are still due, right?
Instant Tax Solutions Ratings Team: Yes, this simply lets the IRS know you are on top of things; that you are just waiting to collect all of your paperwork.
Community Blog Online: We appreciate you speaking with us today.
Instant Tax Solutions Ratings Team: Absolutely, after all, one of our biggest goals is educating our clients and potential future clients.
The Instant Tax Solutions Ratings Team offers consumers advice and ratings of their personal circumstances to determine if they are qualified for tax relief. For Instant Tax Solutions ratings and customer testimonials, please visit www.Instanttaxsolutions.com
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