Tax Preparation Tips

At Tierra Hispana, we understand that tax preparation can be a daunting task. To help you navigate the process smoothly and efficiently, here are some valuable tips to keep in mind:

FUN FACTS..

  1. Every Year is Subject to Tax Law Changes, please visit Tierra Hispana Income Tax in San Bernardino if you have any questions.
  2. Understanding and Reporting Deductions on your return must be able to be verified. It is good to keep records of your receipts of purchases you made regarding your work, business and or school.
  3. Keep copies of your Returns, if you misplace a Return that you've previously filed with us, we will happily replace a new copy for you.
  4. An original return claiming a refund must be filed within 3 years of its due date for a refund to be allowed in most instances.(AO 2020)
    1. *Some late returns are subject to penalties and fees and cannot be waived by Tierra Hispana Income Tax.*
  5. Always review that your Return is error free with one of our professional preparers so that you may receive your reimbursements faster.
  6. Always Sign and Date your returns!
  7. Audit Assist if Necessary in most* cases

REFUND VS. AMOUNT DUE..

 

If you see that taxes are consistently being taken out of your paystub/checks every pay period, they will be claimed when you File for the tax year. Check your W-2, paystubs for reference. Owing money to the IRS can be paid in payments or all at once. The payment will not be required the date of filing, but it will be required to begin as soon as the Tax Return is process with the IRS, you can find updates of your return on the IRS website. 

 

 

 

Ready to tackle your taxes with ease?

Reach out to Tierra Hispana for personalized tax preparation services and expert guidance.