FAQ - These are truly the most FAQ by my clients and also new clients.
When will I get my refund? The true answer is no one knows. Once a tax season gets up and running, federal and state refunds are usually direct deposited in less than 2 weeks from the date the return was
efiled. But there are exceptions. Refunds can come much faster or slower than that.
How much do you charge? Unlike most tax services, I post my prices (see pricing page) and stick as close to that as possible. There are variations from that schedule due to a variety of factors and if your fee is going to be higher than that posted on fee schedule, I will try to discuss it with you first.
Are there any tax changes this year? There are always changes at both the federal and state level. Some are innocuous like the annual increases in the standard deduction and exemption amounts. The amount of information can be overwhelming. We will work with you to sift through the tax law changes that impact your situation and draw your attention to the important ones.
How can I get a copy of my return? When I am in the office, you can always pick up an extra copy at no additional charge. A copy can also be sent to you through my secure portal at no charge. I do not fax tax returns due to logistical issues and security concerns. I can mail you a paper copy but that takes time.
Why does my neighbor get back more money than I do? Everyone's situation is different. It's silly to compare yourself to others when it comes to your refund amount. We are very thorough and make sure you get the best refund (or lowest balance due) possible under the law.
Do my kids have to file taxes? Please see the "Student FAQ" page under Tax Info. We will file your dependent's return for free the 1st year and for $19 in subsequent years. (Fee is a little higher if the dependent has a complex tax situation).
I'm planning to start a business and need help. What do I need to keep track of? Please see "Small Business FAQ" page for more info. And do not hesitate to email or call with specific questions as they come up.
How do I fill out this W4? Various events in life trigger the need to fill out a W4 or W4P regarding income tax withholding. Filling out the worksheets that accompany these forms is a daunting task, and one that doesn't necessarily give the correct answer. Run your scenario by me and I can suggest an appropriate level of withholding from your income.
I get tons of questions on health insurance related issues. Be sure to see the "Affordable Care Act" page for general info and keep those questions coming.
With 10,000 baby boomers a day turning 65, I get tons of questions on social security. Be sure to see my Boomer retirement plan page and also the retiree FAQ page. Keep those questions coming! I like to set up a special meeting with clients (no additional charge) as they approach retirement to address their individual issues in depth.
Todd's Tax Service LLC