Tax FAQ'S
What documents do I need to bring to my tax appointment?
You'll need your W-2s, 1099 forms, identification (like a driver's license), social security cards for you and your dependents, last year’s tax return, proof of expenses and deductions (receipts, medical bills, mortgage interest statements, etc.), and any other relevant financial documents.
How much do you charge for tax preparation?
Our fees vary depending on the complexity of your tax situation. We offer a free initial consultation to provide an estimate based on your specific needs.
When is the deadline to file taxes?
The deadline to file federal taxes is typically April 15th. However, if this date falls on a weekend or holiday, the deadline may be extended to the next business day. State tax deadlines can vary, so check your specific state's requirements.
Can I file for an extension?
Yes, you can file for an extension using IRS Form 4868, which will give you until October 15th to file your return. However, an extension to file is not an extension to pay any taxes owed..
How do I check the status of my tax refund?
You can check the status of your federal tax refund on the IRS website using the "Where's My Refund?" tool. You'll need your Social Security number, filing status, and the exact refund amount. For state refunds, check your state’s tax authority website.,
Can you help me with tax planning for next year?
Absolutely! We provide tax planning services to help you make strategic decisions throughout the year to minimize your tax liability and maximize your financial health.
Budgeting FAQ'S
What is a budget and why is it important?
A budget is a plan for managing your income and expenses over a specific period, typically a month. It's important because it helps you control your spending, save money, avoid debt, and achieve your financial goals.
What are some tips for sticking to a budget?
Track your spending regularly, use budgeting apps, set realistic goals, avoid impulsive purchases, and review your budget periodically to make adjustments. Having an emergency fund can also help manage unexpected expenses without derailing your budget.
How can I save money if my budget is already tight?
Look for ways to cut non-essential expenses, such as dining out or subscription services. Consider cheaper alternatives for necessary expenses, like generic brands or carpooling. Increase your income through side jobs or selling unused items. Every small saving can add up.
How do I handle unexpected expenses in my budget?
Build an emergency fund with 3-6 months’ worth of living expenses to cover unexpected costs. Include a miscellaneous category in your budget for smaller, unforeseen expenses. If an unexpected expense arises, adjust your budget temporarily by cutting non-essential spending.
What should I do if I consistently overspend in certain categories?
Identify the reasons for overspending and find ways to cut back. Set realistic limits and use tools like cash envelopes for categories prone to overspending. Consider making adjustments to other areas of your budget to accommodate higher spending in specific categories if necessary.
Credit FAQ'S
Can You Remove Anything From A Credit Report
We can only fight to remove any items that fall under the guidelines of the FCRA. These are items that should be removed due to being inaccurate, unfounded, out of date, false and/or erroneous.
How Much Does It Cost?
The price varies depending on what you have on your credit report. To get a proper estimate, please book a Consultation + Credit Analysis Appointment with a credit expert by clicking the Button below:
Is Credit Repair Legal?
Yes, credit repair is legal & we use the law in your favor. That law is called "The Fair Credit Reporting Act." The FCRA gives you the right to dispute any item on your credit report. If that item cannot be verified within a reasonable time (usually 30 days) it must be removed. Studies have shown that 79% of all credit reports contain errors. This is nearly 8 out of 10 reports. Therefore most credit reports improve immediately. For items that disputed that are not errors, a creditor or furnisher is often unable to find the records or signed documents within the allotted time and the item gets removed. Sometimes the furnisher will say it has been verified by not offer proof. It is our job to prepare documents that challenge this and we are very skilled at that.