Federal Failure to File or Pay Penalties

Federal Failure to File or Pay Penalties** The number of electronic filing and payment options increases every year, which helps reduce your burden and also improves the timeliness and accuracy of tax returns. When it comes to filing your tax return, however, the law provides that the IRS and Department of Revenue can assess a…

Thinking about going back to school? You may qualify for a credit or reimbursement on your taxes.

If you pay for college in 2016, you may receive some tax savings on your federal tax return, even if you’re studying outside of the U.S. Both the American Opportunity Tax Credit and the Lifetime Learning Credit may reduce the amount of tax you owe, but only the AOTC is partially refundable. Here are a…

I filed my return. Where’s my check?

When to check status of your refund: Within 24 hours after the Department of Revenue has received your e-filed tax return; or 4 weeks after mailing your paper return. When the IRS processes your tax return and approves your refund, you can see your actual personalized refund date. Even though the IRS issues most refunds in…

Mid Year Reviews

Even though April 18th, 2016 has passed. It does not mean you can forget about your taxes. AccounTax offers mid year reviews for Business and Personal tax returns. These reviews help assist in taking some of the STRESS out of your next years returns. Making adjustments in your withholding’s, estimated payments, and planning for the…

Arts Tax Portland, Oregon

How to file the Arts Tax   Go to Website: www.portlandoregon.gov Scroll down the page and click on Art Tax The next page contains Art Tax Forms. This will give a list of Tax Years. Each year will have a choice of On-line filing or Mail-in Form. To file online – for 2015 click on…

Don’t Be Fooled!

Threatening phone calls by criminals impersonating IRS agents remain an ongoing threat. The IRS has seen a surge of these phone scams in recent years as scam artists threaten taxpayers with police arrest, deportation, license revocation and more. These con artists often demand payment of back taxes on a prepaid debit card or by immediate…

Coupons

AccounTax of Oregon is proud to accept any competitor coupon. We will honor up to $25.00 of that coupon. The coupon needs to be presented during the time of the final review before the final billing is prepared. If you have a question about please feel free to call us. Make it a great day!

Health Insurance Coverage

Health Insurance Coverage Here are some forms about health insurance coverage. If you had health coverage you may receive a statement.  Here are just some of the most common statements: Form #  Description 1095-A  Marketplace Statement – You may qualify for a premium tax credit, if you paid too much, or a return of advanced…

Note – Legislative Change: The 2016/17 Personal Property Return filing deadline

Businesses: The business use of personal property inventory formerly due on March 1st, is now due March 15, 2016. If you need assistance please call us.

Giving back to the community.

I have found a wonderful way to give back to the community, feel good about what you have done and possibly get a Fair Market Value deduction on your tax returns. http://bobsautocafe.com/ Bob’s Auto Cafe | Helping our community one car at a time Training People Looking for real work experience, to get your ASE…