Most likely your tax preparer will provide you with an organizer to help you gather documents and get them in order for your appointment. Review the first few pages and make sure they have the correct personal information for you including your birthdate, address and phone number. You will want to bring the following items with you to your appointment:
- A copy of your prior year tax return, if you the tax preparer did not prepare it
- Form(s) W-2 (wages, etc.)
- Form(s) 1099 (interest, dividends, etc.)
- Schedule(s) K-1 (income/loss from partnerships, S corporations, etc.)
- Form(s) 1098 (mortgage interest) and property tax statements
- Brokerage statements from stock, bond or other investment transactions
- Closing statements pertaining to real estate transactions
- All other supporting documents including schedules of income and expenses for sole proprietorships and rental properties
- Any tax notices received from the IRS or other taxing authorities
Another thing to remember is that if you are doing anything throughout the year that may have tax consequences including gifting funds, selling stock, selling real estate, etc. you should consult with your tax preparer prior to completing any transactions. This will help to avoid any unforeseen tax liabilities, penalties and interest.
If you have any questions or need any tax advice or assistance, feel free to contact me at mike@thompsonaccounting.net
Cherry says
February 11, 2015 at 9:04 amHi. I would like to inquire how much do you charge to an individual for a tax preparation service? Thanks.
Mike Thompson says
February 12, 2015 at 1:59 pmThe cost of a tax return depends on the complexity of the return. Feel free to contact one of our CPAs from our contact page or call our office for more in depth discussion.