Following are some of the most commonly asked income tax questions. If you don’t see the answer to your tax questions, contact us at 847-297-6264
This is a phone/email scam that has been going on for years. REMEMBER….THE IRS NEVER CALLS OR EMAILS ANYONE BEFORE THEY SEND CORRESPONDENCE. ALSO THEY WILL NOT ASK FOR A DEBIT CARD, BANK ACCOUNT NUMBER OR MONEY ONLINE OR OVER THE PHONE. NEVER GIVE ANY INFORMATION. The IRS advises to hang up and not engage with these people. Go to the IRS Website and fill out an “IRS Impersonation scam form”. The IRS does not use the words “arrest” or “go to jail”. The IRS is always updating the most current scams on their website.
Please call us if you need more information.
If you are not a client we will need to set up an appointment.
Please call our office to find out what your obligations are.
We can assist with the mass of paperwork.
We can help you compute the Required Minimum Distribution (RMD) needed so that a penalty will not be incurred.
- Brokerage reports and complexity of analyzation
- Rental Property
- Foreign Income
- Self – Employment
- Earned Income Credit
- Child Tax Credit
- Education Credit
Every tax payer is different because their personal situation may require assorted forms. We do not just do forms to increase our fees. Our fees are competitive with the many franchise services. Ask about our discount for new clients.
Refunds are typically deposited in taxpayer’s accounts about 10 days after acceptance. Some forms are being looked at longer such as the Earned Income Credit and will delay a refund.
Check the IRS website “Where is my refund?” to get up to date information.
At Best Financial Group, we take the time to get to know our clients and their circumstances so we can give them the best possible guidance to their tax questions.