Originally named Harry’s Tax Service, Harold Buchheit started Buchheit Tax Service in 1972 with the goal to help his friends and family with their taxes and other financial needs. As the company expanded, Harry’s dedication to providing top-notch service with a personal touch for each and every client never faltered.
Dennis, Harry’s son, joined the company in 1993 after graduating from Loras College. He is driven to uphold the professional standards that his father created in every aspect of the business.
Buchheit Tax Service is blessed with an incredible staff that offers a broad range of services for business owners, executives, individuals, and families. You can count on our experts to provide the dedication and experience that you deserve.
I have been a client of Buchheit Tax Service since 1985. The staff is very friendly and knowledgeable. There isn’t anyone else that I would trust to prepare my taxes.
Income Tax Return Dubuque
Your income tax return in Dubuque, Iowa is something you should not take lightly. You should not be one of those people who wonder what will happen if you do not file. Yes, you may get away with it for a little while, but chances are high that it will catch up with you. If you work for a living, the government will expect its fair share. After all, income tax is what keeps a lot of state and federal programs going. Imagine what your community would be like if income tax stopped coming in. Public parks might become more run down because the municipalities that run them may not be able to keep up with clean up or the upgrades necessary to keep it in good condition. Schools could lose funding, taking their music, sports, and art programs with it.
Who Has To File?
Even if you are collecting just unemployment, Social Security, or any other income that does not come from being employed, your income tax return does not go away. You will still have to file, and depending on the size of the income you are receiving, you may have to pay your fair share. Yes, some years it may seem like the tax return system is not fair, but there is not any easy way around it. Failure to file or even pay what you owe could follow you the rest of your life. You could face massive penalties and fees. You could even go to prison.
Filing an income tax return does not have to be hard, whether you are working on the state, federal, or both. Knowing which form to file goes a long way. If you do not own much property or even your own home, chances are high that you are looking for a shorter form for both the state and federal returns. You do not need to know tax law to file properly. Many software or online programs on the market will walk you through the steps necessary to file your taxes. However, these programs are not designed to find you the maximum return unless you spend extra money on their premium programs. Some even require an additional fee to speak with an experienced professional.
Understanding Tax Law
Completing an income tax return is hard enough without having to spend extra money for extra help that may not payoff in the long run. Sure, you can pay the additional fee to speak with the tax professional online, but how can you know the individual you are speaking with actually has the credentials and advice you are looking for? What if your conversation just leaves you with more questions? You will have spent the extra money for nothing. This can be especially frustrating if you have waited to the last minute to complete and file your return. The wrong answers to your questions may leave you looking to file an extension.
Take the guesswork out of filing an income tax return by visiting your local tax professional to understand exactly what you need to do. Tax codes and laws usually change every year, whether it is on the state or federal level. Most tax professionals need to keep up on these changes or know where to look to define these changes. They would be the ones most likely to help you should any questions arise during your preparations. Wouldn’t it be great going into preparing your return without having to click on a help icon to read more about what is puzzling you? It’s possible that the jargon it is written in will confuse you even more. It is usually easier to ask the professional face to face. There is usually no shame in seeing a tax professional and having them go through the return with you line by line. After all, it will lessen the chances of you making a mistake.
Income tax return time should not be a stressful time if you are organized and prepared. Keep all the necessary receipts and paperwork to prove a given deduction. If you are in doubt of whether something can be claimed, do not be afraid to ask your tax professional. There is no such thing as a dumb question. Asking the right questions can save you a lot of time in the long run. You may even be saved from the worries of an audit being conducted.
Know your paycheck through and through. Pay attention to the deductions being made throughout the year. If something looks wrong, check into it. Speak up and have management or payroll fix it. The sooner the better. You would not want to receive your W2 knowing you may owe more money than what was deducted. That could really hurt you in the long run, especially if you do not have an emergency fund set up. If you are working more than one job, you may want to be sure you are withholding enough to cover your taxes. It may take a couple of tries to get it right. Sit down and figure out exactly how much more money you need withheld from your check to make sure your income tax is covered. Your human resources or payroll offices likely has the correct forms to fill out to get the extra withheld. Most of the time it is likely that the state is not deducting the correct amount from you.
Luckily, you don’t have to do everything on your own. Buchheit Tax will help with all your income tax return in Dubuque, Iowa needs. Call us today!