LIMA — With tax season approaching next month, local tax services such as Jackson Hewitt, Lawson Tax Accountant Services and H&R Block advise that taxpayers have the essentials that they need to get the most back on their returns.
Jackson Hewitt released its best preparation for tax season, which included selecting a tax pro, gathering important documents such as W-2s, reducing taxable income, donating items, maximizing tax return education credits, deducting mortgage interest, deducting small business taxes and deducting miscellaneous taxes.
Jennifer Ward, president of the Lima franchise of Jackson Hewitt, said that taxpayers should file their taxes with her company because the accountants are knowledgeable about tax code changes and will be sure to get clients the most from their refund.
“Jackson Hewitt is working hard for the hardest working, who deserve every credit and deduction they are entitled to,” she said.
Taxpayers who file their taxes with Jackson Hewitt could get up to $400 on a refund advance starting Dec. 18. Once their W-2 is available, they could be eligible for an advance up to $3,200.
Cheryl Lawson, a certified public accountant at Lawson Tax Accountant Services, warned parents about filing their children as dependents.
If a student is under age 19 and in school for five months or under age 24 and in college for five months, parents may still have the option to claim the student as a dependent. She advises parents and students to have their tax prepared at the same time in order to get the best tax advantage.
“I would also say don’t be in a hurry. Be sure that you have all your documents before filing, or an amended return would need to be done or they can expect a notice from the IRS,” she said.
Sommer Shibler, an accountant at H&R Block, acknowledged that although H&R Block will not reap the benefits of people who file their taxes online, she said they are still willing to help.
“I would just say that they should know what they are are suppose to put in,” she said. “Really pay attention to what they are putting in, what they are looking at and what the IRS is wanting.”
If they have any issues, they can come to H&R Block and it’s free, and if it needs amending Shibler’s group can help them get their money back.
Taxpayers who file their taxes with H&R Block starting Jan. 5 could get an advance of $3,000 on their tax return within 24 hours if they qualify.
Reach Camri Nelson at 567-242-0456 or on Twitter @CamriNews