CHILDREN, EDUCATION CREDITS AND NOW…HEAD OF HOUSEHOLD
If you qualify for any credit related to your kids, college or even qualify for Head of Household filing status, be prepared for a more extensive questionnaire and request for documentation. If we, as tax professional, do not comply with our mandatory “due diligence”, we could be fine with thousands of dollars per return. Therefore, be ready for more questions and more documents to benefit from the various credits.
The biggest tax law changes we have seen since 1986 is happening now!!
What does that mean to us?
What does that mean to you?
More time, money and professional help is needed to process the returns accurately and completely. We have determined that we must raise our fees in order to keep the personalized service that we have always provided.
We understand that this increase may cause a burden for some of you, but after a complete analysis, we have decided, without exception, to raise every client’s fee to keep up with changes and requirements and implement faster routes for processing and research the complexity of the new tax law.
We have always valued your business and will continue to do it in the future. Please, feel free to call us to discuss our new values.
This year we are implementing new features to comply with the IRS Requirements and make this tax season easier for everybody.
How do I sign my Tax Return?
• We are introducing eSignature for most of the client, if you qualify for eSignature you will get your Tax Copy by email with the instructions. This feature is powered by DocuSign.
• If you don't qualify for eSignature, you will get your tax return copy in our Client Portal at www.maptaxes.com/login, Download, Print, Sign and send the Signature Pages using the same Client Portal.
•You can also sign your return copies the same day you pick up you tax return at our office
if you have any question in regards to the new eSignature Feature or using our Client Portal, we have assigned a support team to help you, send an email at ricardo@mapbusinessservices.com or call our office and ask for Support
The timeliness of your cooperation is essential to our ability to complete your tax return.
Specifically, we must receive all information from which to prepare your returns within a reasonable period of time prior to the applicable filing deadline. Accordingly, if we do not receive information from you by 4/01/2019, it may be necessary for us to extend the due date of your return.
Any income tax balance due amounts must be estimated and paid by April 15, 2019 to avoid interest and penalties. All information required for us to calculate extension payment amounts must be received by April 1, 2019. If you do not notify us otherwise or if we do not receive the necessary information for your extension calculation by April 1, 2019, we will NOT automatically e-file your extension, you must send us and extension request by April 1, 2019
Please understand that we are unable to make exceptions to these deadlines.
With so many changes there are many scenarios to take into account to maximized your refund or minimized your tax liability. There also new information worksheets that we need to complete in reference with kids and college credits, and head of the household status. Thanks to government we need to do part of their job, and be a little bit invasive on people’s life to be sure that they are complying with the law. We, as preparers, are now exposed to thousands of dollars of penalties per return for not gathering the required information, this will increase the timing of process per return.
Most of the filing will take 3 days o more, we will give you an estimate returning day depending of your case, each case is different.
Keep in mind you have to help us to get all the information required as soon as you can, Don't wait for the last day!
We get hundreds of email every day in Tax Season, some might be missed, lost, spam. if you are sending information and you don't get a response from us in the next 48 hours, please call the office.
Please, if you call, leave a message and a brief description of your needs, and if you emailed and you did not get a response in 24 hours, call the office. It is tax season. We are working on improving and implementing ways to automatized certain task, but it takes time and collaboration from clients. We all get used to many things, As all of you know, we have a very personalized type of service, you always deal with pretty much the same of us, we do all the work, we don’t outsource, we keep your information safe.
we provide you with any options to send your document:
Our fees for tax preparation services are based on the amount of time required at our standard billing rates plus out-of-pocket expenses. All invoices are due and payable upon presentation. Tax return will no be filed electronically until fees are paid.
We need you to bring the following documentation for each child
As proof of relationship = You must bring Birth Certificate ( per each child)
As proof of living with you for more than half of 2018 in US = You need to bring at least 2 or 3 of the below documents, they must cover more than six month, and have the address where you live shown on the documents.
Remember to bring
Remember to bring documents verifying your spouse did not live with you, such as lease agreement, utility bills, letter from social services, etc.
Rent receipts, utility bills, grocery receipts, mortgage statement, and other household bills.
Remember to bring the following documents
Remember to bring
