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2014 Updates:
- Net investment income 3.8 percent applies to certain individuals, estates, and trust based on the threshold amounts
- Additional Medicare tax 0.9 percent applies to certain individuals based on the threshold amounts
- Report Certain Foreign Bank and Financial Accounts by June 30 if cash accounts exceed $10,000
- Health insurance requirements for 2014
You can check your refund using the following links:
Internal Revenue Service
Arizona Department of Revenue
State of California
The major key points in choosing a Tax Preparer:
It is important to choose the right professional Tax Accountant whom you can trust your financial and personal information. As you know, every year thousands of people become victims of financial and identity fraud. Some accounting and tax firms may not conduct background checks on their seasonal employees. It is your responsibility to inquire more information about a company that prepares tax returns. We have gathered some major key points in choosing the right accounting firm:
- Check personal qualifications of a Tax Preparer including education in accounting and tax fields
- Inquire if a Tax Preparer has Preparer Tax Identification Number (PTIN)
- Do not sign a blank return
- As you know, you are responsible for your return even though somebody else prepared it. Thus, review your tax return before signing it
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