FAQs
How can I file taxes?
You can file taxes using online platforms, through local tax professionals or by mail. Our experienced team at Aracelis Multiservice is here to guide you through the entire filing process, ensuring you maximize deductions and comply with all tax regulations.
What documents do I need?
To file your taxes, you'll need documents such as W-2 forms, any 1099 forms received, proof of deductions, and relevant identification. Our team will help you ensure you have all necessary documents to streamline your tax preparation.
When is the tax deadline?
The federal tax deadline is typically April 15th each year. However, extensions can be filed for additional time. We recommend reaching out to us at Aracelis Multiservice to discuss your options and ensure timely filing.
How much do your services cost?
Our service fees depend on the complexity of your tax situation. We provide transparent pricing upfront and offer various packages to accommodate both individual and business needs. Contact us to get a personalized quote based on your requirements.
Do you help businesses as well?
Yes, we provide comprehensive tax preparation services for both individuals and businesses. Our specialized team is adept at navigating the unique challenges businesses face, ensuring compliance and maximizing available deductions.
Can I file for an extension?
Yes, you can file for an extension to give yourself additional time to prepare your taxes. However, it's important to note that an extension does not delay any payment due, so always ensure your estimated tax payments are made on time.
Glossary
Understanding Tax Terms
Tax deduction is a reduction of taxable income that can lower your tax liability. Common deductions include mortgage interest, property taxes, and student loan interest. It's essential to understand available deductions to reduce your overall tax burden effectively.
A tax credit directly reduces the amount of tax owed and is often more beneficial than a deduction. Various credits are available, including educational credits and earned income credits. Understanding tax credits can help you save money on your taxes.