Expert Tax Preparation Services for You

Choosing the right tax preparer is a big deal. You’re sharing your financial info with them. It’s important to pick wisely to avoid financial trouble. The IRS has a program called VITA that offers free tax help from certified people. They have different ways to help you, like online, drop-off, self-help, and in-person.

This makes filing taxes easier and gets you the credits and refunds you deserve¹.

Key Takeaways

Choosing a trustworthy tax preparer is key to avoiding financial issues.
The IRS’s VITA program gives free tax help to those who qualify.
VITA offers various ways to get help, including online, drop-off, self-help, and in-person.
With VITA, filing taxes is simple and gets you the credits and refunds you need.
Picking the right tax preparer can greatly improve your tax experience and results.

Accurate Tax Calculations Guaranteed

Tax preparation needs to be precise. That’s why TurboTax offers a 100% Accurate Calculations Guarantee for both personal and business taxes². If TurboTax makes a mistake that causes you to pay more to the IRS, they’ll pay those costs³.

TurboTax is known for its reliable service². Customers give TurboTax Live Full Service a 4.6 out of 5-star rating for its expert tax filing help². The Deluxe and Free Editions also get high marks for being easy to use².

TurboTax aims to give you the biggest refund possible². Their 100% accurate calculations and audit support mean you won’t face IRS penalties or interest³.

With over 676,385 customer reviews², TurboTax proves it’s a trusted name in tax prep. Whether you’re an individual or a business owner, you can count on TurboTax for accurate and detailed tax work⁴.

Maximize Your Tax Refund or Tax Savings

Working with experienced tax professionals can help you get the most from your tax refund or tax savings. They make sure you claim all the tax deductions and tax credits you can. This way, you get the biggest refund or pay less in taxes⁵. They know how to handle business expenses and personal tax credits, making your taxes easier to understand and manage.

The standard deduction went up for 2023, making taxes easier for many people⁵. Tax brackets also increased by 7.1% for 2023, which could mean more tax savings⁵. You can deduct charitable donations up to 50% of your income if you itemize⁵. Plus, if you’re over 70.5 and have a traditional IRA, you can give up to $105,000 to charity and cut your taxable income⁵.

Don’t make the mistake of adjusting your W-4 to pay more taxes each paycheck. It might seem like a good idea for a bigger refund, but it’s actually giving the government an interest-free loan⁵. A tax pro can help you find the best ways to boost your tax refund or tax savings.

Tax Benefit	Details
Married Filing Jointly	About 96% of married couples file together each year⁶. If one spouse has big medical expenses, filing separately might save you money⁶.
Child Tax Credit	The Child Tax Credit for 2020 was $2,000 per child under 17⁶. For 2021, it’s been increased to $3,600 or $3,000 for older kids⁶.
Earned Income Tax Credit	If you earn less, you might get an Earned Income Tax Credit up to $7,430 for 2023⁶. For families with three or more kids, it can be up to $7,430⁶.
Child and Dependent Care Credit	For 2021, the Child and Dependent Care Credit lets you claim up to $8,000 for one person or $16,000 for two or more⁶.
Medical Expenses	You can deduct medical costs if they’re more than 7.5% of your income⁶.
Charity Miles	Charity miles are fully deductible at 14 cents per mile in 2023⁶.
IRA Contributions	Contributing to a traditional IRA can lower your taxable income, and you can make contributions until the tax deadline for the previous year⁶.
Health Savings Account (HSA)	Contributions to an HSA can also reduce your taxable income⁶.

To get the most from your tax refund or tax savings, make sure you claim all the tax deductions and tax credits you’re eligible for⁷. For 2023, the standard deduction is $13,850 for singles or married filing separately, $27,700 for married couples filing together, and $20,800 for heads of household⁷. There are many tax credits like the Earned Income Tax Credit, education credits, and more⁷. Deductions include things like alimony, IRA contributions, and student loan interest⁷. A tax pro can help you make the most of your tax refund or tax savings.

tax savings

Audit Support for Peace of Mind

Tax preparation services often include audit support, giving you peace of mind⁸. If you’re audited, your tax preparer can guide and assist you, answering questions and helping you respond⁸. They won’t represent you directly, but their support is very helpful in dealing with the audit⁸.

Many services, like TurboTax, offer a guarantee to pay back penalties or interest if there’s an error on your return⁸. Last year, the IRS sent over 9 million automated notices, showing how many people might face audits⁸. Without an Audit Protection Plan, defending against an audit can cost from $3,500 to $10,000⁸.

The Audit Protection Plan covers defending your tax return for up to three years it can be audited⁸. In the last two years, more letters were sent to taxpayers due to tax law changes, making tax prep harder⁸.

With audit support, you can relax knowing your tax preparer is there to help you through the audit process⁹. They can prepare tax returns for up to 10 years back and e-file returns up to 3 years back, offering full support⁹.

For just $49.99, TaxAudit offers prepaid audit defense, much cheaper than other tax pros¹⁰. This service defends both state and federal income tax returns, including late filings, and TaxAudit talks to the IRS or state tax authority for you from the first notice to the end¹⁰.

tax audit support

“Tax audits can be stressful, but with the right support, you can navigate the process with confidence and minimize the impact on your finances.”

Tax Preparation Services for Every Need

Tax preparation services cover a wide range of needs, from individual tax returns to complex business tax returns. They help everyone, from employees to self-employed people and small business owners. Tax pros can help you get the most deductions and credits and make sure you follow the tax laws.

If you earn $45,000 or less a year, or $32,000 or less in Oregon, you might get free tax help¹¹. This includes help with federal and state taxes and filing online. Military members in 2023 can also get free help if they earn $79,000 or less¹¹. Plus, if you make between $17,000 and $79,000, 1040.com offers free federal and Oregon tax help¹¹.

For those who are self-employed or have complex taxes, you might need specialty tax services¹². These services are great for business taxes, helping you use all the deductions you can and follow the latest rules¹². The Food Bank has been offering free tax help for over 20 years in New York, for people making $65,000 or less¹².

There are many professional tax preparation services ready to help you. Whether you’re filing individual tax returns or dealing with business tax returns, a good preparer can help you get the most refund or lower your taxes.

Choosing the right tax preparation services is important for a good tax experience. Look at the preparer’s skills, costs, and what they specialize in to find the best one for you. With the right help, you can relax knowing your taxes are in good hands¹¹¹².

Choosing the Right tax preparation services

When picking a tax prep service, think about the preparer’s qualifications, costs, and what they specialize in. This helps you find the best match for your tax needs¹³. Tax preparers must sign your return and put their PTIN on it¹³. The IRS lets certain people talk about your tax return for a year after it was due, with some rules¹³.

Preparer Credentials and Specialties

Choose tax pros with big certifications like CPAs or EAs. They show they know a lot about taxes¹³. Only certain pros can talk to the IRS for you, so check their rights¹³. Make sure they’re trusted by looking at their background and what others say¹³.

Fees and Cost Considerations

¹⁴ Over half of U.S. taxpayers use paid tax help, says the IRS from 2021¹⁴. In 2020, the average cost for a basic Form 1040 was $220, but it was $323 if you itemized deductions¹⁴. The price for tax help can be low or very high, depending on the service and how complex your taxes are¹⁵.

Specialties and Tax Planning

¹⁵ Businesses often work with a CPA all year for tax planning and figuring out quarterly payments¹⁵. Video calls are getting popular for talking to tax pros when meeting in person isn’t possible¹⁵. Forbes Advisor lists the top tax software for different needs, like for self-employed or small business owners¹⁵.

Think about the preparer’s skills, costs, and what they know best to pick the right tax service for you. This way, you’ll have a smooth and successful tax filing.

“Taxpayers should be wary of preparers claiming they can obtain larger refunds or basing fees on a percentage of the refund.”¹³

Tax Preparation Service	Federal Filing Fee	State Filing Fee
TurboTax Deluxe	$69	$64
TaxSlayer Premium	$57.95	$44.95
Cash App Taxes	Free	Free

Free Tax Filing Assistance for Eligible Taxpayers

Tax season can be tough, especially for those with limited money. But, the IRS has a program called the VITA program. It offers free tax preparation services for eligible taxpayers¹⁶.

The VITA program helps people with incomes of $65,000 or less¹⁶. IRS-certified volunteers help you claim tax credits and get the most refund you can¹⁶.

You can file your taxes online, drop them off, or get help in person. The VITA program makes it easy for those who qualify¹⁶.

The IRS also has the TCE program for people 60 or older. It focuses on taxes related to pensions and retirement¹⁶.

VITA and TCE volunteers are IRS-certified and well-trained. They help with millions of tax returns every year¹⁶.

Some VITA sites can help you get an Individual Taxpayer Identification Number (ITIN) for filing taxes¹⁶.

If you’re eligible, the VITA program can help you file your taxes right. This can increase your refund or save you money¹⁶. To find a VITA site, visit the IRS website or call 1-800-906-9887¹⁶.

“The VITA program has been operating for over 50 years, providing free tax preparation services to millions of taxpayers who might not otherwise be able to afford professional assistance.”¹⁶

The IRS also has the Free File program for those who qualify¹⁷. If your AGI is $79,000 or less, you can get free online tax help¹⁷. If your AGI is more, you can use Free File Fillable Forms¹⁷.

This program is a partnership between the IRS and tax software companies. It offers benefits like filing past years’ taxes and protecting your info¹⁷.

Using these services, eligible taxpayers can make sure they get all the credits and deductions they deserve. This can increase their refund or lower their taxes¹⁷.

Conclusion

Tax preparation services are key in making tax codes easier for people and businesses. They help with accurate calculations and finding deductions¹⁸. They also offer support during audits and special services. It’s important to pick the right service for your needs.

There are many tax preparation services out there. You can find everything from affordable options to full support for filing and following tax laws¹⁹. Look at the credentials, fees, and special areas of expertise of tax preparers. This way, you work with someone who can help you save money or get a bigger refund¹⁹.

The tax world is always changing. Keeping up with trends and best practices²⁰ can improve your tax experience. Whether you’re filing taxes for yourself or for a business, the right service gives you peace of mind. It helps you understand and deal with tax laws confidently.

FAQ

What should I consider when choosing a tax preparation service?

When picking a tax service, look at the preparer’s credentials, fees, and expertise. Choose professionals with certifications like CPAs or EAs. They show they know a lot about taxes. Make sure their fees fit your budget and your tax situation’s complexity. Also, check their reputation and reviews to find a trustworthy provider.

What is the IRS-sponsored Volunteer Income Tax Assistance (VITA) program?

The VITA program gives free tax help to those who earn ,000 or less. IRS-certified volunteers help you claim credits and get the most refund. You can file online, drop off documents, or get help in person. VITA makes filing taxes easy for those who need it most.

What guarantees do tax preparation services offer?

TurboTax guarantees accurate calculations for all tax returns. If a mistake leads to IRS penalties or interest, they’ll pay those costs. This protection lasts for 7 years after filing. They also offer a refund if another method gives you a bigger refund or smaller tax due.

How can working with a tax professional help me maximize my tax refund or savings?

Working with tax pros can boost your refund or savings. They make sure you claim all deductions and credits you’re eligible for. With their help, you can navigate tax rules and get the best financial outcome.

What kind of audit support do tax preparation services provide?

Tax services often offer audit support for peace of mind. If audited, they’ll guide you through the process. They won’t represent you, but their help is crucial. TurboTax even guarantees to cover penalties or interest if there’s an error on your return.

What types of tax preparation services are available?

There are many tax services for different needs, from simple returns to complex business filings. Whether you work for someone else, are self-employed, or run a business, there’s a tax pro for you. They help with deductions, credits, and following tax laws to meet your needs.