Tax Preparation FAQs

1. How much money can you get me on my tax refund?
Answer: I strive to identify every available deduction and credit to maximize your refund while ensuring full compliance with tax laws.


2. What documents do I need to provide for tax preparation?
Answer: You’ll need to provide identification, income statements (like W-2s or 1099s), records of deductions and credits (such as receipts for charitable donations, medical expenses, or education costs), last year’s tax return, and any other relevant financial documents.


3. How long will it take to prepare my taxes?
Answer: The timeframe depends on the complexity of your tax situation. Simple returns can be prepared quickly, while more complex cases may take longer. I strive to work efficiently while ensuring accuracy.


4. Can you assist me with IRS communications regarding tax returns you’ve prepared?
Answer: Yes, I can help you understand and respond to IRS communications related to tax returns I have prepared for you. I am committed to supporting my clients throughout the entire tax process.


5. Do you offer electronic filing (e-filing) services?
Answer: Absolutely. I provide e-filing services to submit your tax returns securely and promptly, which can also help you receive any refunds faster.


6. What are your fees for tax preparation services?
Answer: Fees are based on the complexity of your tax return, starting at around $300 for straightforward returns. I offer a transparent pricing structure with no hidden costs. During our initial consultation, I can provide an estimate tailored to your specific needs.


7. How can I maximize my deductions and credits?
Answer: By thoroughly reviewing your financial activities throughout the year, I can identify all eligible deductions and credits. I also offer tax planning services to help you make strategic decisions that maximize tax benefits.


8. Are you available for tax advice throughout the year or only during tax season?
Answer: I am available year-round to provide tax advice, planning, and support. Staying proactive with your taxes can help you avoid surprises and make informed financial decisions.


9. Can you assist with both personal and business tax returns, including S-Corporations?
Answer: Yes, I have extensive experience with personal and business tax returns, including sole proprietorships, partnerships, LLCs, and S-Corporations. Please note that I do not work with C-Corporations.


10. Why should I choose your services over tax software or larger firms?
Answer: By choosing Kennedy Tax & Accounting, LLC, you receive personalized attention and tailored solutions that software or larger firms may not provide. I take the time to understand your unique situation, ensuring accuracy and maximizing your tax benefits while building a trusting professional relationship.


11. How do your virtual tax preparation services work?
Answer: I use the TaxDome client portal to securely communicate and exchange documents with clients. For virtual face-to-face meetings and phone calls, I utilize Microsoft Teams, allowing us to connect efficiently no matter where you are located.


12. Is my information secure when using your virtual services?
Answer: Yes, both the TaxDome client portal and Microsoft Teams employ advanced encryption and security measures to protect your personal and financial information during communication and document transfer.


13. What if I have multiple sources of income or a side business?
Answer: I can help you navigate complex situations involving multiple income streams, including self-employment income, rental properties, and investments, to ensure all income is reported accurately.


14. Can you help me plan for next year’s taxes?
Answer: Absolutely. Tax planning is essential for minimizing liability. We can schedule a planning session to explore strategies like adjusting withholdings, maximizing deductions, and making informed investment decisions.


15. Do you assist clients outside of Newnan, GA?
Answer: Yes, through virtual services utilizing the TaxDome client portal and Microsoft Teams, I assist clients nationwide. No matter where you’re located, you can receive personalized tax preparation and accounting services.