Preparing your own income tax return usually leaves you with more questions than answers. The IRS estimates that the average 1040 filer will spend between 14 – 16 hours each year. On top of this you have to make sure that all your math adds up. By February 28, 2008 over 15,000 people had filed a 1040 with a math mistake on it. According to a study released by the US Government's General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.
Unfortunately, today's tax laws are so complicated that filing a relatively simple 1040 return can be confusing. Deductions may be overlooked and credits you are entitled for may be missed. If you run your own business a whole new layer of complexity is added to the 1040. Let Huey & Associates help you get your 1040 done in a professional and cost effective manner.
Some of the services we offer with filing your 1040 include:
Computer software analysis of all returns to ensure math and common mistakes are avoided.
E-file your return. Over 60% of people E-filed their return this year which ensures a quicker rebate check.
Help you get the withholding on your W-2 and State Payroll forms so that you can either owe no taxes at the end of the year or keep more money in your pocket instead of giving the government a free year long loan.
We will do a tax analysis of your return and sit down with you for some tax planning for the next year.
Provide you with an easy to use Organizer to gather your information together at the beginning of the year.
Discuss the final results of the Tax Return and if needed file a Tax Extension for you.