Income Tax Preparation for You!

By: Loren Due

Article 30

Twenty-six years of doing income taxes for hundreds of very nice people all over the country; some of those people flew from other states just have their income taxes prepared by me. It is amazing how loyal people can be to a particular income tax preparer. At one time I had several hundred clients before I sold my income tax practice in 1991. Loyalty is amazing; something that is rare in this day and time. It seems that most people are committed only to their own success and not interested in anyone else but themselves.

Why are we talking about Income Tax Preparation because everyone in America and all provinces under the authority of the Internal Revenue Service and Treasury department who had earned income in 2016 are required to file an income tax return? Is the system fair it is not up to this article to depend or represent the system? It is the law.

A quote from Wikipedia: “The history of taxation in the United States begins with the colonial protest against British taxation policy in the 1760s, leading to the American Revolution. The independent nation collected taxes on imports (“tariffs”), whiskey, and (for a while) on glass windows. States and localities collected poll taxes on voters and property taxes on land and commercial buildings. There are state and federal excise taxes. State and federal inheritance taxes began after 1900, while the states (but not the federal government) began collecting sales taxes in the 1930s. The United States imposed income taxes briefly during the Civil War and the 1890s, and on a permanent basis from 1913. There have been no export taxes, taxes on trade between states, or taxes on charities and religious bodies, and no value added tax.”

Another great reason to talk about Income Tax preparation is because everybody needs a preparer unless they are a preparer themselves. When you decide to do your taxes you have the option of:

  • Self-Preparer
  • CPA
  • EA
  • Attorney
  • Accountant
  • Friend
  • H & R Block
  • Tax Doctor
  • Liberty Tax
  • And a number of different tax preparers in your town or city

The list above is not a complete list but a sample of those typically used to prepare Income Taxes.

The key about Income Tax preparation is to find someone you really like and learn to trust doing your taxes. The way people find tax preparers is funny in that those who do not have a plan of discovery usually take the advice of a friend if they are just starting to have their taxes prepared by a professional or if they are unhappy with what they have they will look in the yellow pages to find someone who has a record of service in the community. Others take a more systematic approach to finding a preparer by finding out the Better Business ranking of a preparer. And yet others today are discovering the internet advertising or they see someone standing at a corner dressed as a statue of liberty.

You probably have your own story how you found your tax person (man) so go ahead and reminisce while you continue to pull all your income tax papers together and wait on the final W-2’s, 1099s, and other forms to arrive before tomorrow January 31, 2017. Just think of all the people who got a head start on you by filing their taxes electronically. Thousands of taxpayers who are getting large refunds and they know it because of certain tax credits starting filing returns on January 23, 2017 with hopes of the money being put into their bank accounts or they applied for an advance through one of the services so they could have their money – NOW.

However, here is an article by Forbes Magazine written by Ashlea Ebeling:

“It’s better to owe taxes in April than to get a refund, and for the 2017 tax filing season, it’s especially important. The Internal Revenue Service today issued a warning of 2017 tax refund delays for certain taxpayers, urging folks to adjust their tax withholding now. We’re talking about your 2016 taxes that are due April 15, 2017.  There’s good reason to pay attention—at least there’s something you can do about it.

It’s better to owe taxes in April than to get a refund, and for the 2017 tax filing season, it’s especially important. The Internal Revenue Service today issued a warning of 2017 tax refund delays for certain taxpayers, urging folks to adjust their tax withholding now. We’re talking about your 2016 taxes that are due April 15, 2017.  There’s good reason to pay attention—at least there’s something you can do about it.

“We don’t want people caught by surprise if they get their refund a few weeks later than previous years,” said IRS Commissioner John Koskinen in the release.

A couple things are to blame. First, a new tax law effective next year requires the IRS to hold refunds a few weeks for some early filers who claim the Earned Income Tax Credit and the Additional Child Tax Credit. The IRS has to hold the entire refund, not just the portion associated with those credits, until at least February 15.

Second, the rise in identity theft is causing the IRS and state tax authorities to spend additional review time to protect against fraud. Additional safeguards will be set in place for the upcoming 2017 filing season. “We want people to be aware we are taking additional steps to protect taxpayers from identity theft, and that sometimes means the real taxpayers face a slight delay in their refunds,” Koskinen said.”

I know it is a long article but since most people won’t read it I felt it would be good for you to see it here rather than get an unpleasant surprise later.

Twenty-five years I went to Income Tax preparation school every year before the tax season started to learn the latest techniques and hot points of the IRS. You probably are wondering why I said in the first paragraph twenty-six years is the first year I started doing Income taxes I was in High School. Now I am out of High School and want to introduce to you my new company VTax. I work for VTax as a Brand Manager and my sole responsibility is to find people who want their taxes done competently and quickly.

Why VTax!

Taxes made easy, wherever you are. File your simple tax return the fastest and easiest way possible in almost no time at all. Leave the hard parts to Refund Advantage and be on your way to the maximum tax refund guaranteed!

It’s your refund, keep more of it!

You may be asking yourself how VTax can be so much easier to use than other tax preparation option. We have spent countless hours analyzing the wants and needs of customers just like you and we know exactly what you are looking for. For consumers, the best of both worlds, the hassle-free convenience of having your taxes done on-demand anytime, anywhere and assurance that your tax return is being prepared by credentialed tax professionals and reviewed by enrolled agents and CPA’s with the proper training an experience.

You can’t beat VTax’s value.

VTax is a full-service tax preparation firm that is designed for you, the individual taxpayer. Each VTax tax professional is registered with the IRS to prepare and e-file your tax returns electronically.

Top-notch, Expert Tax Preparation

Only registered licensed tax professionals work for us, which means these are serious tax professionals. You’ll get the ultimate in quality of preparation no matter how complicated, messy, or difficult your tax dilemma might seem. Finally, the assurance that your return has been reviewed for accuracy or missing credits or deductions by an experienced enrolled agent or CPA and will alert you to any problem areas or missing data before you file your return.

VTax guarantees the largest refund possible

We guarantee that you will receive the maximum refund you are entitled or we will refund you the preparation fees you paid.

No Appointment Necessary!

With the VTax mobile app for both Android or iOS in as little as 15 minutes you can now conveniently and securely connect with our team of licensed and credentialed tax professionals and have your taxes professionally filed anytime and from anywhere you choose. Just grab your forms and your phone, and you’re on your way to your maximum refund.

Audit Assistance Included In All Tax Preparation

We deal with the IRS so you don’t have to. We stand behind our work, therefore if you get a letter or contacted by the IRS or state taxing agency, our expert representatives will defend any income tax return we prepared at NO additional charge.


VTax utilizes secure technology with a password-protected client portal to protect documents and profile information. The VTax centralized team of tax professionals are vetted to ensure integrity during the return process, and kept current of all tax regulations and changes. Our 100% Satisfaction Guarantee and Audit Assistance are in place to ensure that your returns are safe and secure.

Will you file your Income Taxes with me; Brand Manager for VTAX?

Do it here:

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