Tax Time Tips Part II

In the midst of tax season, we in the industry are hard at work trying to get returns filed quickly and correctly. Here are some hints to help you and your clients even after they walk out the door.

Where’s My Refund: The “Where’s My Refund” tool, found on the IRS website, is a quick and easy way for taxpayers to check the status of their refund after they have filed. Note: “Where’s My Refund” is updated every 24 hours, usually overnight. To find out the status of a refund, please visit:

Don’t Delay: Remind your clients not to wait until last minute to file. If the client rushes in just before the deadline, they could forget an important form or make mistakes that could delay a refund.

File an Extension: If a client is not ready to file by the April due date, you can help them by filing an extension. Note: Filing an extension will give your client more time to file, not more time to pay taxes owed. For individuals, if your client owes taxes and wants an extension, make sure to e-file or mail a Form 4868 with a payment by the April deadline.

Health Care: To reconcile advance payments for the Premium Tax Credit and health care from the Marketplace, the client will need to fill out a Form 8962. A Form 1095-A from the Marketplace will help them complete that form. Filing a return without reconciling payments may affect future payments.

If you have questions, feel free to contact us!