Having your taxes prepared doesn’t need to be a stressful experience. At Derrell Chastain Tax Service EA in Benbrook, TX, we will make your tax preparation as simple and straight forward as possible, by guiding you through the process from start to finish. We provide full tax preparation services, including the filing of Federal, State, and local income tax returns. If you have back taxes that need to be addressed, we can help you get those filed, too.
From the moment you contact our office, you will see what it means to have a professional prepare your taxes. Tax preparation is most successful when you understand the process and are prepared when you come in to our office. In order for us to complete your taxes accurately and efficiently, there are some documents that you will need to bring with you to your appointment. A complete list will be provided to you when you schedule your appointment, but some of those documents include the following:
• 1099’s and W-2’s—You should review these for accuracy, and if anything is incorrect, it can be fixed before your appointment.
• Copies of Bank and Brokerage Statements—In some instances, these help us verify income from other sources of money, such as gifts or inheritances.
• Documentation of IRA Contributions—These documents allow us to make appropriate deductions for the contributions you made to your IRA during the taxable year.
• Work Related Receipts—Receipts, for such things as uniforms, that your employer requires, but does not pay for can be deducted. Or, if you are self-employed, deductions can be made for items purchased for your business.
• Documentation of Charitable Donations—The IRS requires pictures and receipts of any items you donated to charity in order to make the appropriate deductions.
• Documentation of Monetary Donations—The IRS requires cancelled checks or bank statements to support these types of donations in order to be able to take the deduction.
• Mortgage Statements—These statements show the interest you paid on your mortgage which may be deductible.
• Medical Bills—Documentation of any co-payments you made are necessary in order to take the appropriate deductions.
• Last Year’s Tax Return—This will help us determine if there are any items you can carry over to this year, such as capital losses, investment interest expense, and alternative minimum tax credits.
We understand that this may seem like a lot of information, but rest assured that you need to only bring in the documentation, and we will take it from there. The last thing you want is an inaccurate tax return that could result in being audited, fined, or other troubles with the IRS.