Tax season is upon us, and it’s time for taxpayers to get their acts - and forms - together.
This year, taxpayers can expect numerous changes when filing, thanks to the new federal tax law.
Diane Lyle, the owner of the McDonald H&R Block, said the biggest change that taxpayers can expect to see are smaller refunds.
“Many people may be getting smaller refunds because of the change in what was being withheld from an individual’s pay,” Lyle said.
Additional changes include not being able to itemize, no longer permitting unreimbursed employee expenses and changes to qualified business income. Lyle said there will be additional, smaller changes, but that her business is here to help.
“People will have a lot of questions, and that is what we are here for,” she said. “We prefer that taxpayers ask questions. We keep up on all the tax law changes so that we can get you the best possible outcome.”
Lyle said that the government shutdown, and any future shutdowns, WILL NOT cause refund delays. While the IRS remained open during the government shutdown, taxpayers who have already filed and received earned income and child tax will not get their refund until after February 15.
The 2018 tax deadline remains April 15.
While any change can be overwhelming, Lyle said clients can feel confident working with H&R Block thanks to their standard guarantee.
“We back up our returns,” she said. “If there is a mistake, we pay any interest and penalties. There aren’t too many tax preparation services that offer that.”
H&R Block also offers refund advances until the end of February, refund transfers that allow taxpayers to use their refund to pay for fees and the Emerald Card, which allows H&R Block to preload refunds onto a debit card for those taxpayers who do not associate with a regular bank.
“We dot our I’s and cross our T’s to make sure we are doing the best we can for our clients,” Lyle said.
The McDonald location has been a staple in the community since the late 70s, and is conveniently located in town near your regular stops.
“We’re here to help people who live in our community,” Lyle said. “Our whole business is client focused. We want to do the best for our clients.”
H&R Block prepares individual and business tax returns. Tax preparation services are available year-round, but Lyle said peak tax season is just starting.
“We have two peaks. The first starts the last week of January and lasts through the third week of February. The second peak starts the next to the last week of March up until the end of tax season, April 15,” she said.
While walk-ins are welcomed, Lyle suggests making an appointment. If taxpayers are unable to stay, Lyle said they provide drop-off services and services that allow taxpayers to upload their documents online.
Office hours vary. The location is open from 9 a.m. to 9 p.m. on Mondays and Thursdays, 9 a.m. to 6 p.m. on Tuesdays, Wednesday and Fridays and 9 a.m. to 5 p.m. on Saturdays.
For more information, or to schedule an appointment, visit hrblock.com or call the McDonald location at 724-926-2713.
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