Free Tax Return Review and Preview

Image

Free Tax Return Review and Preview

Don’t make the same mistakes twice!

Advertisements

Find The Missing Money – You’ll Be Shocked To Learn

My clients already have the peace-of-mind that they were able to claim every possible deduction legally allowed in the tax code. We put each return through an extensive review process to ensure that you’re keeping all the income you deserve to keep. 

Did you know that according to a  report issued by the General Accounting Office, taxpayers overpay the IRS almost $950 million every year, which equates to an average overpayment of $400 per taxpayer.
 
(The most recent reported amount of overpayment was about $918 million)
 
What’s worse, is that folks who prepared their own taxes (with a software, or on their own) are the most vulnerable. But did you also know that taxpayers who used one of the “big chain’ preparers are almost as bad off?
 
Another report from the GAO: In a Limited Study, Chain Preparers Made Serious Errors
 
 In GAO (United States Government Accountability Office) visits to chain preparers, paid preparers often prepared returns that were incorrect, with tax consequences that were sometimes significant. Some of the most serious problems involved these preparers…
 
   1.  Not reporting business income in 10 of 19 cases;
   2.  Failing to take the most advantageous postsecondary education tax benefit in 3 out of the 9 applicable cases; and
   3. Failing to itemize deductions at all or failing to claim all available deductions in 7 out of the 9 applicable cases.
 
More clippings from the report:
 
    * The 19 paid preparers we visited arrived at the correct refund amount only twice. On 5 returns, all for the plumber, they understated our refund amount by a total of $3,465.
    * All 19 of our visits to tax return preparers affiliated with chains showed problems. Nearly all of the returns prepared for us were incorrect to some degree, and several of the preparers gave us very bad tax advice, particularly when it came to reporting non-W-2 business income. Only 2 of 19 tax returns showed the correct refund amount, and in both of those visits the paid preparer made mistakes that did not affect the final refund amount.
 
So what can you or your friends do about this?Simple: file an “Amended” Return. Many tax businesses don’t provide this service, but even though we’ve completed our clients’ returns, we WILL review any of your friends’ returns–at no charge. See the below special message, for more details…
 
To more of your money in your wallet — and that of your friends!
 
Mark Pappa
Glastonbury Tax Professionals
 
+++++++++++++++++
“No Charge” Return Review
Special Gift Certificate
As a complimentary service this year, we will provide a Return Review To Any Non-Client. No charge will be made
[Industry statistics indicate that amended return refunds average about $1500]
Email our office glastaxpro@gmail.com or call  860-657-3236 vto set up this complimentary service!

+++++++++++++++++

Link

Recap of 2013 Tax Law Changes

Every year, the early tax season chatter begins. Will there be any changes to the child tax credit this year? I heard I can’t claim my son because he turned 17? Are they still giving $1,000 per child? My son went to college this year, can I still claim him?

As the season matures, the questions change? I received this K-1 from an energy company and don’t understand what all these letters mean? Or we sold a second home, what will the tax implications be? I inherited money from my mom’s estate, will that be taxable as income? Of course it all depends.

You absolutely need to make sure the tax return is done right or else you’ll receive that dreaded IRS letter. And if you do, call me and i can assist you. It’s often not as bad as it appears and sometimes it’s simply not correct and can be easily amended. 

Tax laws change every year and can be very confusing. You need to speak with an experienced professional. In the event you are not confident on your own or unhappy with your large and impersonal national preparer, Please contact me. 

For questions, you can all (860) 657-3236 and ask for Mark Pappa or email me at  glastaxpro@gmail.com

It’s Tax Season, Beware of Frauds

01/17/2014

By Thomas R. Nash, CFCI

It is that time of the year again when we begin to gather our documents in preparation for completing our tax returns. Fraudsters and scam artists know this and rest assured, they have been working diligently to figure out ways to obtain our personal identifying information (PII) and access to our financial information.

The first rule to remember is: “The IRS does not send out unsolicited e-mails regarding tax returns, financial information or any personal identifying type of information. This includes any type of electronic communication such as text messages and social media. The IRS won’t ask and won’t discuss any personal tax matters by e-mail. There are recent reports of tax payers receiving an e-mail requesting completion of an “updated version” of a W-2 Form, the form most employees receive reporting their wages and taxes withheld.

The second rule to remember is: If the sender’s address does not end in “.gov” the e-mail is not from the IRS.

The scammers are clever and may even use the IRS logo to make the e-mail look “real.” Some have other signs indicating they are frauds such as misspellings and bad grammar.

Recipients of these e-mails are cautioned against clicking on or opening any attachments as often there are viruses or Malware attached that will infect your computer. The e-mail should be either deleted or forwarded to phishing@irs.gov.

The last rule to remember is: If you have questions or need specific information, go to IRS.gov for current information.

 Thomas R. Nash, CFCI, has more than 35 years of experience in financial fraud prevention and investigation. He is a Certified Financial Crimes Investigator and a Life Member of the International Association of Financial Crimes Investigators (IAFCI). Tom may be contacted at thomsnash1@comcast.net

#

Link

FREE TAX ORGANIZER.

Get Ready for Tax Season 2013

Do you struggle to remember all your tax forms? Don’t wait for the IRS to send you a letter. Get organized with this complimentary tax organizer.

<a href=”

Then call (860) 657-3236 for a no obligation consultation. Ask for Mark

Organizer is good for $29.99 off your preparation fee.

Min. $150.00

 

Experienced Tax Professional Moves To Downtown Glastonbury.

FOR IMMEDIATE RELEASE

January 6th, 2014 (Glastonbury, CT)  Mark Pappa who managed a busy tax office on Main St. in East Hartford for 7 tax seasons has moved his practice to Glastonbury. He is located at 140 Hebron Avenue, Suite 101-A, in the Santander Bank Building. Mr. Pappa said, ” I had a great run working with the people of East Hartford and suburbs East of the River but it was time to move to a location that will best serve my growing private client base.”

Glastonbury Tax Professionals offers full service tax preparation for individuals, families, small business, and trusts. We also conduct CPA reviews of prior year returns, tax planning, and forward tax liability analysis.

At Glastonbury Tax Professionals, we believe planning ahead is the most cost-effective way for clients to maximize their refunds and reduce their tax liability. We seek to intercept problems before costly mistakes occur. Preparation for tax preparation is critical.

I began preparing taxes in 2005 where I built and managed a successful branch office for a large national tax service. I grew the client base from scratch to over 650 clients in two short seasons. I was also named #1 new franchise in territory my first year in business.

The client always comes first and we provide valued added Year Round services like “preparation for tax preparation”, audit assistance, and prior year tax return reviews. We strive to give clients the best service, tax advice, and client experience in order to assure we achieve the best possible outcomes.

Finally, I am partnered with a local CPA with over 40 years experience to assist in very complex matters.

As part of our service we offer:

-Electronic filing and acknowlegment of Federal and State returns.
-Tax planning
-Preparation for tax preparation.
-Accurately prepared tax returns.
-CPA review of your past year returns.
-No obligation tax consultation to uncover potential savings or
liabilities.
-Audit assistance (call for details)
-Year round tax advice.

Please call for a no obligation analysis today: (860) 539-8234 or (860) 657-3236