What are the benefits of having a Tax Professional prepare your taxes?

Tax professionals can help you save money, time, and give you a peace of mind. Tax professionals have an in-depth understanding of the tax codes. They can help you claim deductions and credits you probably weren’t aware of, and can help with tax planning year round.

How can I schedule a free consultation with KEY-2-TAXES?

You can submit a form from the contact page of this website, or contact us via email at [email protected], or by phone at 704.931.8449.

What is the tax deadline for filing 2023 Returns?

Monday, April 15, 2024 is the deadline for filing 2023 tax returns.

What if I’m unable to file my taxes by the deadline?

KEY-2-TAXES can apply for an extension of time to file on your behalf or you can apply directly with the IRS and State. Note, an extension does NOT give you more time to pay on taxes due. It only gives you an additional 6 months to FILE your return.

Can KEY-2-TAXES help collect and organize my tax information to prepare a tax return?

Yes. We will gladly help collect and organize tax information necessary to prepare a return. This service is included with our bookkeeping services and include organizing and categorizing expenses.

What is Estimated Tax and who must pay it?

Estimated Tax is quarterly payments to the IRS for taxes on income that do not have taxes taken out. Small business owners, freelancers, and independent contractors are required to pay estimated since they do not have taxes automatically taken from their pay.

When are Estimated Tax Payments Due in 2024?

1st Payment: April 15, 2024 (for income earned from Jan 1 – Mar 31)

2nd Payment: June 17, 2024 (for income earned from Apr 1 – May 31)

3rd Payment: Sept. 16, 2024 (for income earned from Jun 1 – Aug 31)

4th Payment: Jan. 15, 2025 (for income earned from Sep 1 – Dec 31)