Welcome to our FAQ’s page where you will find answers to the most commonly asked questions.
If you feel there might be some discrepancies on some of your older returns, it would be wise to bring those along, too. We can scan over your previous tax returns and see if anything is in error.
This is pretty self explanatory. Form W-2, Wage and Tax Statement, is used to report your wages for the year and the taxes withheld from them. Your employer is required to send you a W-2 by Jan. 31. Keep this in mind when you are scheduling your appointment with the tax professional.
Form 1099’s interest, dividends, miscellaneous, etc.The different types of Form 1099’s are used to report various types of income from interest you receive on a savings account, brokerage statements, to money you may receive when you perform contract jobs as a self-employed individual.
Schedule K-1 is used to report individual, shareholder, partner, beneficiary share of income/loss.
Making a house payment is never fun (unless it’s the last one), but one perk is that mortgage interest is a tax-deductible expense. If you don’t have your real estate tax bill handy, you can call the County office or mortgage company to get the amount paid.
Buying a home, selling a home, or rental property? If so, bring any supporting documents.