Tax Filing for FY 2010
We offer a superior tax preparation and filing service. We have not only the largest investment in the latest tax software to maximize your state and federal income tax refund, we have 35 years of experience filing taxes, so we know how to use it.
Tax Filing Impacted By Late Tax Legistation
The IRS estimates that as many as 9 million taxpayers will experience a delay in filing their tax returns because of the late passage of the Tax Relief Act on December 17, 2010.
Most tax returns can be filed immediately with no delay. Only returns with activity in areas that experienced tax law changes will be affected.
Delayed tax returns can also be prepared now, and the IRS will be ready to process these delayed tax returns on February 14th. Delayed tax returns include those itemizing deductions, higher education tuition deductions, and the educator deduction.
In any case, it is best to gather your materials and submit them as soon as they become available.
Earned Income Credit Increase
ARRA increases the earned income percentage for families with 3 or more qualifying childern in 2011.
Making Work Pay and Withholding
THIS IS THE LAST YEAR - The Making Work Pay Credit lowered employees' tax withholding rates this year and has already put more money into the pockets of the wage earner. Self-employed individuals will have an opportunity to claim this credit when they file their 2011 return.
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