Archives for May 2015

How a Name Change Impacts Taxes

You’ve completed your taxes, and you have a nice healthy tax refund awaiting you. You’re just waiting on the IRS to put that check in the mail. But for some reason, your tax return isn’t coming as quickly as it normally does. Why? Did you change your name last year? Believe it or not, that can actually have an effect on how quickly you receive your tax return. If any of your forms have mismatched names, you might not get your tax return as quickly as you normally have in the past. So what should you do if you’ve changed your name? Check out this article on the IRS Website to find out! … [Read more...]

How to File an Amended Tax Return

We all know filing taxes is not the easiest job in the world (that’s why you hire us to help!) Mistakes do happen from time to time, so what do you do when you realize there is an error after you’ve already handed in your returns? Well, there are two options: The first option is plain and simple: do nothing. If it’s related to a mathematical error, the IRS will usually automatically fix it. If you forgot a certain form or schedule, the IRS will usually send you a request for them. The second option is to file an amended tax return if you made an error claiming your filing status, income, deductions or credits on your original return. An Amended U.S. Individual Income Tax Return, … [Read more...]