Income Tax Preparation

Preparing your own income tax return is a really challenging and possibly risky chore which can leave more questions than answers. Although there is substantial help available from the government online, lots of hardcopy documentation and numerous income tax preparation software programs at your disposal, it remains a task that is best left to experts in all but the simplest situations. According to a study released by the US Government's General Accounting Office in 2005, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional trained in income tax preparation.

With all this help available at your finger tips, why is income tax preparation a challenging task better left to experts? The reasons for this are pretty clear.

There is real money involved. With the exception of the mortgage payment, the income tax bill is the largest single expense for most families.
The tax laws change every year. What was true in the past is not necessarily valid in the current year. Keeping up with the changes and knowing how to apply those changes is not for the amateur. Most taxpayers have more entertaining, rewarding, and productive uses for their free time. Hiring an income tax preparation specialist at Taxworks is an efficient and economical way to save you time .
With a self-prepared return the taxpayer has no way to know for certain that the return is correct. As income tax preparation is not an exact science, the taxpayer who chooses to go it alone will never know how much money he/she left on the table or if he/she has failed to report all income and deductions correctly. Taxworks will show you potential deductions to limit your tax liability for next year. In addition, we will give you a sheet of commonly overlooked deductions to limit the following year's tax liability.
Penalties are expensive. An income tax preparation professional at Taxworks can protect the taxpayer from such penalties.
Income tax preparation fees are deductible in the following year, meaning that a portion of the bill will find its way back into your pockets.
Taxworks checks each return three times, twice by the experienced income tax preparation professional and once by computer. Accuracy and completeness are a result of experience, training, and investment in computer software and hardware.
Our Taxworks' specialist has credentials with the Internal Revenue Service. If there is a problem with a return and it requires interface with IRS personnel, the taxpayer will not have to deal directly with IRS. Your Taxworks' specialist will represent you as part of the service.
Your tax return can be filed electronically so you will get a refund back quicker.
Our staff will show you how to adjust your payroll withholding to get more money back each week. Why give the IRS an interest free loan for up to 16 months?