6 Advantages of Working With Tax Experts to Prepare Your Taxes At tax time, you might wonder if hiring tax experts is really worth it. We’re here to tell you it is, but you don’t have to just take our word for it. We’ll be discussing just six advantages of working with tax professionals to…
Tax Preparation Tips: What You Should Know Before Preparing Your Taxes When it’s time to prepare your tax return, it’ll make your life easier if you’re organized and ready for your tax preparation appointment. Depending on your tax situation, not everything on our list will be relevant to your situation, but it’ll still help you…
How Tax Consultants Can Help You Avoid Processing Delays to Get Your Refund ASAP When it comes to getting a tax refund, most of us don’t want to wait around for it. This isn’t surprising, because many households put this money toward necessities or paying down debt. In addition to this, tax refunds aren’t just…
Why This Year’s Refund Might Not Be What You’re Expecting In 2022, many Americans got a substantial tax refund, but it seems that in 2023, the average refund is about 11% lower than last year. According to IRS data, typical refunds in 2022 were around $3,473, while this year most refunds are $3,079. This could…
When is the Best Time to File My Tax Return? Here at Phoenix Tax Consultants, we believe that the earlier you file your taxes, the better. However, do certain situations ever warrant waiting to file your taxes? In this article, we’ll explain the best time to file your tax return depending on your situation, and…
Featured in Suburban Life – How We Help Clients Navigate Retirement Planning
5 Benefits of Filing Your Taxes Early Straight From a Tax Consultant 33% of Americans admit that they wait until the last minute to file their taxes. So if this is typically your strategy, you’re not alone! However, just because it’s common, does not mean that it’s the best strategy. Any tax consultant will tell…
Featured in Suburban Life – A New Way Of Doing Taxes
Once you are done filing your tax returns, what should you do with all the receipts, forms, and other paperwork? Should you just shred them and reduce the clutter or keep them? The IRS recommends that you should keep any documents that prove how much income you have earned and any other documents that support…
The federal government allows states to collect taxes in order to finance public and government services. Health benefits, law enforcement departments, public schools, and other institutions depend on these local and state taxes to keep serving the citizens. There are different types of state and local taxes, such as property taxes, individual income taxes, sales…