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Frequently Asked
Questions - Hot Topic
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| Q: | I have filed my taxes and am due a refund. How long will it take? |
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A:
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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.
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| Q: | I just received my property tax assessment. Is there anything I can do? |
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A:
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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.
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| Q: | I'm thinking about going into business for myself. How do I get started? |
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A:
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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!
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| Q: | I have not filed my return in several years. How much trouble am I in? |
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A: |
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.
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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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by Credit Card with PayPal
Copyright© 2014 Amy R. Cook, CPA