Q: How do I schedule a complimentary consultation?

 

A: To schedule your complimentary consultation click on schedule an appointment or simply call us at 770.514.6897.

 

Q: Where are you located?  What are your hours of operation?

 

A: Our physical address is: 743 Washington Ave, Marietta, GA 30060. 

 

A: During tax season, our operation hours are 9 am – 9 pm Monday-Thursday and 9am-5 pm on Friday.  After tax season, we are open 9am – 5:30 pm Monday-Thursday and 9am-5pm on Friday. 

 

Q: What kinds of businesses do you serve?

 

A: We currently serve many different types of industries and corporations.

 

We offer a range of services to business professionals and corporations:  Healthcare (physicians, dentists and medical practices), Professional service providers (attorneys, consultants, architects, engineers, information technology), Construction (builders, contractors, developers, electricians, plumbers, etc.), Real Estate (realtors, appraisers, surveyors), Wholesale distributors, Auto dealers, Repair shops and many more.

 

Schedule an appointment to discuss your business accounting and taxation needs. 

Federal Income Tax Questions

 

Q: Is there an age limit on claiming my child as a dependent?

 

A:  Age is a factor in the qualifying child test, but a qualifying relative can be any age.

 

As long as the following tests are met, you may claim a dependency exemption for your child:

 

Qualifying child or qualifying relative test

Dependent taxpayer test

Citizenship or resident test

Joint return test (If Applicable)

 

Q: Can I receive a tax refund if I am currently making payments under an installment agreement or payment plan for a prior year's federal taxes?

 

A: No.  As a condition of your installment agreement, any refund due to you in a future year will be applied against the amount that you owe.

 

• The IRS will automatically apply the refund to the taxes owed.

• You must continue making your installment agreement payments as scheduled and in full because your refund is not applied toward your regular payment, and therefore any payments due under the installment agreement must still be made in full.

• Regardless of whether you are participating in an installment agreement or payment plan with the IRS, you may not receive all of your refund if you owe certain past-due amounts, such as federal tax, state tax, a student loan, or child support.

 

Contact our office for further direction and guidance on how to proceed in these matters. 

 

Q: What should I do if I made a mistake on my federal return that I have already filed?

 

A: It depends on the type of mistake that you made:

 

• Many mathematical errors are caught in the processing of the tax return itself so you may not need to correct these mistakes.

• If you did not attach a required schedule, the IRS will contact you and ask for the missing information.

• If you did not report all your income or did not claim a credit, you should file an amended or corrected return using Form 1040X (PDF), Amended U.S. Individual Income Tax Return.

 

When filing an amended or corrected return:

• Include copies of any schedules that have been changed or any W-2 form (PDF) you did not include. File 1040X only after you have filed your original return. Generally, for a credit or refund, you must file Form 1040X within 3 years (including extensions) after the date you timely filed your original return or within 2 years after the date you paid the tax, whichever is later.

•  Please allow the IRS 8-12 weeks to process an amended return.

 

Q: How can accounting services benefit my business? 

 

A: Quite simply, accounting outlines profit and loss statements and other financial reporting such as payroll, quarterly payments, and sales tax.  If you create profit and loss statements each month, you can ascertain your position quickly and make changes in your operations, such as increasing prices and/or reducing expenses.  It is best to know your current situation long before the years end and ensure that your overall year will still be profitable.

 

Best business practices is tracking and controlling expenditures.  Without it, management of the business is less productive and record keeping is marginal. 

Q. Should I report all of my income or just part of it to continue to receive “EIC-Earned Income Credit.”? 

 

A: Yes, It is important to report all of your income regardless of prior credits. 

 

Q.  Can more than one person claim a child? 

 

A: Only one person can claim as a dependent on his/her income tax return.  Occasionally both parents may claim child-related tax benefits.  This usually involves the tiebreaker rule or on parent for EIC purposes. 

 

Q.  What should I do if my identity was stolen? 

 

A: After a police report is filed, call the IRS.  The IRS will issue you a Pin Number to file your return to identify yourself and prove that it is you who is filing the return. 

 

Contact our office and we will guide you through the proper steps to verify your identity and file your tax

return.

 

Q.  What happens if I lose my identity pin?

 

A.  You can call for a replacement at 877-777-4778

 

Q. How long can it take for the IRs to process a return that has identity fraud?

 

A:  It may take up to one year because of backload. 

 

Q.  Does this firm assist with SOS Filings, Article Amendments, Trusts, and Power of Attorney?

 

A.  Our highly professional staff handles a range of business development and important financial matters.  We can file your business with the SOS as a domestic or foreign entity.  We will consult concerning the type of incorporation that is best suited for your business type and industry.  Atlanta Premier Accounting and Tax Service will assist in setting up your business and offer full accounting services to maintain proficiency and accuracy.

 

We offer IRS Tax Exemption Filing for Nonprofits and churches as well. 

 

A.  Complete our checklist on Page 10 of the Tax Questionnaire to identify which services are needed for you and/or your business such as living trust, power of attorney, living trust and portability clauses to name a few.