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Q: I have filed my taxes and am due a refund.  How long will it take?
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Depending on when and how you file your return, your refund may take anywhere from a couple of weeks to a couple of months.  To find out your projected refund date, go to the IRS Refund Status site.  You will need your social security number, filing status and refund amount.

 

Q: I just received my property tax assessment.  Is there anything I can do?
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Yes, you can protest the assessed value.  By protesting, you have the potential of having the property tax value lowered, thus lowering your property taxes for the coming year.  Often, by protesting up front, you may be able to reduce your taxes not only for this year, but for future years as well.  For details, give us a call.

 

Q: I'm thinking about going into business for myself.  How do I get started?
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There are numerous issues related to starting your own business.  From an accounting and tax standpoint, decisions made during the planning stage can have dramatic effects on your taxes as well as potential costs in accounting fees.  We have extensive experience in helping new and emerging businesses.  We can help!

 

Q: I have not filed my return in several years.  How much trouble am I in?
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As with most answers concerning taxes and the IRS, it depends.  Most penalties and interest are based on the amount owed.  If, for instance, you have a refund you may not only owe no penalties, but may have made interest on the refund!  Be aware though, if you are owed a refund you only have three years to claim it, or the IRS just got your money.

 

Amy R. Cook, CPA
7908 Cameron Rd; Austin, TX  78754
512.222.1267 (office) / 512.789.2592 (mobile)
amy@acookcpa.com

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Copyrightę 2014 Amy R. Cook, CPA