Douglasville Tax Professionals
For many individuals, it’s easy to forget about taxes until the last minute. This leads to feeling stressed & overwhelmed, and possibly even making mistakes when filing your taxes.
Thankfully, RWB Tax Services is here to help Douglas County residents who want to take some weight off of their backs this tax season. If you want one less thing to worry about this year, give your local Douglasville tax professionals a call at 770-456-9980, or click the button below to schedule an online appointment to file taxes in Douglasville.
Get in Touch With a Douglasville Tax Expert Now
How to make filing your income taxes in Douglasville, GA, Less Stressful
Whether you file your tax returns yourself or use a business professional such as the RWB Tax Service in Douglasville, GA, the organization of all your tax documents is the key to stress-free success.
Understanding the paperwork, canceled checks, broker statements, and other information can be frustrating and time-consuming. The mess of all this paperwork can add unnecessary time and money to your bill when having your taxes prepared for you.
So, to make your life easier this tax year, we at RWB Tax Service in Douglasville, Georgia, have gathered these tips together to help you avoid these common tax problems issues.
Assemble all your relevant taxable information – income and expenses
The first essential step in planning for your taxes is gathering your information for your Douglasville Tax Prep agent. Luckily, we make it super easy at RWB. Upon request, we will provide you with a tax planner to help you easily and quickly gather all your info. Contact us to learn more! 770-456-9980
When you’re ready to file taxes in Douglasville, categorize and divide your information with the list below:
Personal Information
This information includes your official name and the official names of your spouse and all dependents. In addition, include your social security numbers and dates of birth. Finally, have all your banking information on hand too.
Income
Provide all your W-2 forms from your employer. Also include 1099 forms for other forms of income such as self-employment, investment, severance pay distribution, etc.
Personal Expenses (deduction)
You will receive Form 5489 for donations from IRA and supplier Health Savings Accounts and Form 1098 for Home Deductions. However, you also need to include information that allows tax credits, such as bank statements, operating expenses, canceled checks, checkbooks, and credit card statements.
Business information
If you own a small business, have a freelance job, or have other additional income, keeping your business income and personal expenses separate is very important.
Confirm the final tax return of the previous year
For most people, the change from one fiscal year to the next is relatively small. However, it is a good idea to check last year’s tax file before completing your tax return this year.
Fund up to the Limits Allowed for IRA and SEP Accounts
If you are participating in a qualified retirement plan offered by your employer, such as an individual’s 401 (k) retirement plan or 403 (b) retirement plan, your contribution is due on December 31. However, you can fund your Individual Pension Account (IRA) until April 15 of the following year.
For tax returns in 2020, the maximum contribution is $ 6,000, and for those over the age of 50, $ 7,000. Therefore, if your donation is small, you will need to invest your 2021 tax-protected funds by April 15, 2022.
Automate or Outsource Tax Calculations and Filing
The IRS has struggled to simplify tax filings and reduce the time and complexity of filing tax returns, but it remains a difficult task, primarily as it occurs only once a year.
In any case, the quality of the work depends on the information provided. Therefore, you need an experienced tax Professional like RWB Tax Services or other experienced professional (instead of a tax coach or DIY) before submitting tax this year if you:
- Have a gross income higher than $ 150,000
- Participate in complex investments
- Experience a significant change in income or expenses during the previous year
- Experience the death of a spouse or partner, a divorce, marriage, bankruptcy, a change in the number or status of dependents, or retire
- Opened or closed a business, bought or sold a home, or received or paid fines or significant sanctions related to a lawsuit
Preparation for the next tax year
Keep your tax preparation system for the current year throughout the year, which means saving receipts and other information that will be useful for the following year.
Douglasville, GA, tax preparation does not have to be a nuisance. Follow the basic tax tips listed above, and you will be in a better spot come tax time next year.
Finding the right tax preparation service doesn’t have to be so complicated. A professional Douglasville tax pro like the ones here at RWB Tax Services can help you throughout this stressful tax season.
And if you need tax help in Douglasville, Georgia, let RWB help you with all of your needs. We can definitely help take the stress out of your tax season so you can concentrate on other things. So visit RWB Tax Services or give us a call today at 770-456-9980 if you have any tax-related questions.
Hire a Trusted Tax Company in Douglasville, Georgia
Looking to get your taxes done in Douglasville? Check out below why RWB is the best local choice!
- More Time
- More Money
- Local Faces
- Peace of Mind
More Time
The average amount of time an individual spends filing their personal taxes each year is TWENTY hours. Between work, school, family, housework, and a million other things keeping your attention throughout the day, how can you find TWENTY hours to file taxes? Thankfully, you can let the tax professionals of RWB in Douglasville, GA handle it for you so you can spend those twenty hours on the things that are important to you.
More Money
For many people, their yearly tax return is a nice bonus that they may use for vacation or buy gifts for themselves or their families. For others who owe money to the IRS, it is a tough time of the year, as they end up paying unexpected amounts out of pocket. Regardless of your situation, a tax professional can help. We may be able to increase the amount you get back, or decrease the amount you owe. Either way, it’s more money back in your pocket.
Local Faces
Many individuals prefer to put a face to the people they are working with. This ability is one of the many advantages associated with hiring a local firm to do your taxes for you. We know what life is like in Douglasville Georgia, and can help you with a more personal approach than others would be capable of. We pride ourselves on being honest and understanding the needs of our clients.
Peace of Mind
Taxes are stressful. Filing the proper paperwork, filling out forms correctly, reporting the right amounts, all while in fear of being investigated by the IRS. This weighs heavily on many individuals, and panic can quickly set in while filing taxes. Rather than bother with the stress and headaches associated with filing your own taxes, let a tax professional do it for you! The highly skilled experts at RWB would be delighted to help you and make your life easier this year!
Douglasville Professional Tax Planning and Expert Bookkeeping
Even better than cramming all of your tax work into a short time frame is creating a plan to optimize your finances throughout the year. This is called a tax plan, and RWB has individuals who are trained professionals at developing and helping to implement these tax plans. Tax plans can help you save money, get a bigger tax return, and better manage your finances. They work best in conjunction with a financial plan. If you already have a financial plan, then a tax plan can be a great addition. If you don’t already have a financial plan, our experts can help you develop one!
A good financial plan can save you and your family thousands of dollars a year. That alone should be enough to justify making one, but why should you let our professionals in Douglasville, GA help you? Our tax experts have many years of experience in keeping individual books and efficiently managing finances. Many individuals find it beneficial to let an objective third party help with your finances, as they are not biased by your personal preferences of what you think may be important that actually isn’t. This can lead to even more savings than previously thought possible!
Did You Receive a Letter From the IRS? Don’t Worry! Let Us Help!
When you file your taxes every year, you may have a feeling of anxiety hoping that you’re not making any mistakes. This is a common worry, as no one wants to have the Internal Revenue Service (IRS) breathing down their back. Sometimes, however, the IRS will still send a letter out, regardless of if your taxes were filed perfectly or if mistakes were made. The IRS may have found an issue with your taxes, or you may just be a randomly selected audit. When you initially receive the letter, it can be tough to keep your composure and work out what the letter actually says. Because of this, we have created a list of steps you can take if this happens to you.
- Stay Calm, but Don’t Ignore the Letter
- Stay Vigilant for Scams
- Review the Contents Carefully
- Take Action in a Timely Fashion
It’s easy, and completely reasonable, to panic when you first see a letter from the IRS in your mailbox. While a completely normal response, you should try to avoid this. It is important to keep a level head in this situation so that you can read the letter and understand what needs to be done. More often than not, you haven’t made a huge mistake to draw the ire of the IRS, so you shouldn’t assume that you did. Equally important, however, is that you don’t ignore the letter. Ignoring the letter can turn the small issues into a much, much larger one.
Unfortunately, we live in a world where people will try to take advantage of the concerns of others. Many different companies exist for the sole purpose of scaring individuals into paying them as they pretend to be an important government agency, such as the IRS. The truth is, the IRS will only ever contact you through the mail and it will be clear that it is the real deal. If you’ve been contacted by the IRS and are concerned about the legitimacy, stop by our office and we can help you.
The letter itself may have language that is difficult to understand, and deciphering the contents can take some time. We recommend reading through the letter a few times to ensure that you completely comprehend what is being asked of you. If you have any confusion or uncertainties about the contents of the letter, do not hesitate to get help. Our tax professionals are experienced in helping individuals with letters from the IRS and can help you understand what you need to do.
While you shouldn’t rush into doing something in response, you also shouldn’t take too long. Once you understand what you need to do, you should work on completing it quickly before too much time passes. It is also worth noting that you are typically not required to contact the IRS in response to the letter unless the letter explicitly asks you to do so.
If you have received a letter from the IRS and are panicking about what to do next or are confused about the steps you should take, don’t worry. Our Douglasville Tax Experts can help. Feel free to stop by or call us at 770-456-9980 and have one of our specialists help you in this difficult time.
Early filing taxes in Douglasville, GA
Our favorite reasons to complete your taxes as soon as possible in this area are as follows:
- You have all the information – use it. Employers, suppliers, and financial institutions are legally obliged to post the W-2s and 1099 Rs needed by January 31. Once you have all your information, go ahead and complete your taxes to prevent confusion, stress, and potentially losing any tax documents.
- Taxes are inevitable. So why delay? Hire a tax preparation service like the RWB Tax Service right away. We specialize in clients in the city of Douglasville and surrounding areas.
- Filing early can help you receive your tax return quicker! And if you need your money FAST, RWB Tax Service offers the Refund Advantage loan that can have your return money to you in a matter of a few days!
Douglas County Notary Publics
Some documents need to be notarized in order to avoid fraud and ensure proper execution. Some common documents that need notarized are jurats, oaths and affirmations, copy certifications, and signature witnessing. If you need an important document notarized, come visit RWB Tax Services! We have Notary Professionals on staff who are always happy to help you.
If you have a copy certification, jurat, oath, or need a signature witnessed, we have notary publics on staff to help. Feel free to stop by and speak with one of our professionals who would be happy to help you. Our staff is also professionals who know if and how a document needs to be officialized and can help you if you have any questions.
**Important** – Make sure that you do not sign the document before arriving!
Talk to a Douglasville Tax Professional About Filing Your Taxes
Take a weight off of your back this year, and let RWB tax experts handle your taxes for you. Our experienced professionals know how to save you money while managing and optimizing your finances. Let us give you peace of mind and put some money back into your pocket this tax season.
We will bring our 50+ years of experience in personal taxes to you and help you make the most of your money. Call us today at 770-456-9980 or fill out the form below to get connected with a tax expert.
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