Personal Tax Preparation Services at Zip Tax

Tax season is upon us and if you're doing your own taxes, it can feel like an overwhelming process. However, with the right preparation and professional assistance, you will be able to file your taxes in a timely fashion while saving money in the long run. Here are some benefits of hiring an accountant when preparing your personal tax return. Ziptax Personal Tax Services are convenient & affordable and include audit assistance and access to year-round tax planning. We also provide a no out of pocket payment option for our tax preparation fees.

Zip Tax Enrolled Agents are experts in tax preparation and can help you file your taxes quickly and correctly.

We are are professionals who have gone through rigorous training, and they know the tax code inside and out,  and we can even save you money by identifying deductions or credits that you may be eligible for that would otherwise go unnoticed.

• 30 plus years of experience
• 1040-SR for seniors
• The most complex 1040
• And More!

You might be tempted to file your taxes yourself, but it's important to remember that complete accuracy is required by the IRS.

If you make an error on your tax return and are audited, you can be fined for up to $5,000. Using a professional service will ensure that everything is handled correctly and legally.

Many people tend to look at tax preparation as just a line-item expense. As with most things in life, however, you get what you pay for.

Free tax preparation programs or doing your own taxes may save some money upfront, but the costly and confusing problems that could arise later may cost you more time, money, and stress than if you had a professional tax do your taxes from the start.

Even if you know what you're doing with filing your taxes, having a professional can ensure that nothing slips through the cracks.

While you may think you know how to file your taxes, there are many reasons why it's worth getting a professional's help. You might not know all the rules, or have made a mistake in previous years that could cost you this year. Perhaps a form will require someone with expertise to make sense of it for you. These are all valid reasons for using an accountant when preparing your tax return. 

Sometimes it is easy to overlook things, like unreimbursed employee expenses or education expenses, which could put more money in your pocket.

• Unreimbursed employee expenses.

If you have an employer who does not reimburse you for the cost of your commute to work, that's an expense that could be eligible for a tax deduction. If you are self-employed and pay yourself a salary, any money spent on business-related travel or entertainment is deductible as well.

• Education expenses.

Tuition fees paid to schools and other educational institutions can be deducted as long as they are related to improving your job skills or earning a degree to get a higher-paying job. This includes student loan interest payments, which may qualify if used to pay qualified educational expenses such as tuition fees or textbooks, but not living expenses such as food and lodging while at school (unless necessary). Some exceptions: if you're returning to school part-time after being laid off from work due to economic reasons, some of these costs might be deductible! Also, remember that this deduction is only available until 2023 unless Congress changes its mind about extending it again, so hurry before time runs out!

Hiring someone who specializes in tax preparation will save you time and money in the long run. There are many advantages to hiring a tax professional, including the following:

•  Help avoid mistakes
• Get more money back from the government
• Prevent penalties from being assessed on your return

If you need more information on personal tax preparation services or the other services we offer, please check out our homepage at www.ziptaxredding.com!