It’s a busy tax season and a few facts have emerged from the fog:
- Returns containing Earned Income Tax Credit or Child Tax Credit are being delayed by the IRS to the end of February.
- Many returns have been paid already, some with children
- Drivers License info and Bank Info is necessary to speed up refunds.
- Bank products such as Refund Transfer enable the prep fee to be paid from the refund.
- About 80 to 90% of taxpayers will do better next year all things being equal according to a study being done on my clients.
- Tax Doctor is in year round to handle tax problems (like NYS Letters) as well as wills, Life Insurance, Notary or anything involving paper, 24/7/365 availability, just call 718-702-8623.
See you soon!