At Tax Controller, we use the latest tax software which is always updated from time to time with current tax laws to better assist you. As an Authorized IRS E-file provider, we can file your taxes electronically. Our staff of qualified preparers and certified consultants has years experience in the Tax practice.
What you need to file your Income Tax
It is very important to keep in mind that the more information we have, the better we can assist you. All companies that taxpayers engage with may have some sort of impact on income tax filing. Whether you have income from a company, interest paid to a bank for your mortgage or school which you attended, all of them will have documentation which needs to be presented to us at time of tax filing. To the right we have a list of major documents needed in order to file your taxes accurately.
- 1098 from School or Mortgage Company
- Income/interest statements
- Bank account number (for direct deposit)
- Expense Information
- Last year’s return (if you have it)
We are open year-round, and we can prepare tax returns for all of the 50 States, so no matter where you are, we can always help.
Don’t just trust anyone to prepare your taxes, contact Tax Controller today!
— Darley, President of Tax Controller
Unless you are a dependent or you did not make any money during the year, you will have to file a tax return using Form 1040 (or one of its variants, such as 1040EZ or 1040-NR). Taxpayers need to file by April 15 for the previous year’s tax return. You start getting reports on your income from your job and other financial institutions in January.
Your tax rate and standard deduction depend on your filing status, so you must first determine which filing status applies to you. There are five filing statuses: Single, Married Filing Jointly, Married Filing Separately, Head of Household, and Qualifying Widow(er). Your status is determined as of the last day of the year.
For taxpayers which receive compensation on payroll, form W-4 allows you to indicate a withholding allowance for your employer. Each exemption merits a withholding allowance on the form, however, they do not have to match. Exemptions can be made for yourself, your spouse if filing jointly, and any qualifying dependents.
When filing your taxes you can claim some deductions and the most common deductions are mortgage interest (reported on Form 1098), real estate taxes, medical and dental bills (only if you spent more than 7.5% of your income on them), donations to charity, and investment expenses such as maintenance fees for IRA accounts (reported on Schedule A).
If April 15th is here and you are not ready to file your return, you can ask for an extension by visiting our office or calling us. We help clients with extension filing as a complimentary service.