We now offer Free Financial Planning ( Investments, Retirement, Life Insurance, Will&Trust, Annuity). Call us for additional details
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Not sure of all possible tax benefits for your situation?
Don't want to spend your valuable time to visit a tax consultant?
Looking for a client friendly service?
You made a right choice! Do not loose your maximum possible
refund.
HOW DO I GET STARTED?
CLICK HERE
2021 INCOME TAX BRACKETS?
CLICK HERE
TAX FILING DUEDATES?
CLICK HERE
2021 TAX REFORMS (TCJA) SUMMARY?
CLICK HERE
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- Our expertise
- IRS Designated Registered Tax Return Preparer (Approved AFSP)
- Individual and Business Tax Return Filings (includes All state filings)
- ITIN Applications/renewal (Certified Acceptance Agent)
- New Business Registrations (LLC, Corporations, Partnerships) including all states
- Payroll Services for small to medium size companies (Employees, contractors, corp-to-corp)
- Foreign Bank (FBAR) & Financial Assets Reporting
- Financial Professional planning
- Life Insurance (Term, Universal Life, Whole Life)
- Retirement planning (IRAs, Indexed Annuities)
- Portfolio management services (Short term / Long term)
- College Savings
- Estate Planning Services (Will & Trust)
- Year-round assistance, Free Audit Assistance
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FILING PROCESS OVERVIEW
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| FILL INFORMATION
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PREPARE & PLAN
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FILE TAX RETURN
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| 1. |
Register
in our website
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4. |
Set up an appointment with us for Tax Preparation
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7. |
Pay our fees
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| 2. |
Login to our website
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5. |
Tax Preparation Interview and Confirmation of earlier filled informations
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8. |
File Tax Return
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Fill in all the required information and upload documents
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6. |
Receive free tax refund quote
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9. |
Download Returns when ever needed
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Contact Us
TaxCooler Inc
Phone : (248) 971-3300
Fax : (248) 971-0963
E-mail : taxfiling@taxcooler.com
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Q: |
What is the process for tax filing with you? |
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A: |
Here is the process
| FILL INFORMATION
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PREPARE & PLAN
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FILE TAX RETURN
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| 1. |
Register
in our website
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4. |
Set up an appointment with us for Tax Preparation
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7. |
Pay our fees
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| 2. |
Login to our website
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5. |
Tax Preparation Interview and Confirmation of earlier filled informations
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8. |
File Tax Return
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| 3. |
Fill in all the required information and upload documents
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6. |
Receive free tax refund quote
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9. |
Download Returns when ever needed
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Q: |
How much do you charge for tax filing? |
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A: |
Our fee is based on amount of work involved. It varies widely from case to case depending on your tax situation like:
- Single/Married/Dependents
- Standard filing/Itemized Filing
- Number of states you worked in last Year
- Forms needed for your tax filing
So, we will provide you a free* refund quote after reviewing your tax documents.
Along with quote, we also provide your fee details.You may decide at that point
if you want to move forward or not.
In general, our fee varies between 30$ for a simple standard return to $350 for Itemized complex return.
P.S: Our fee is NOT based on the refund. It is purely based on amount of work involved.
* Exceptions Apply !!
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Q: |
What are the services we offer ? |
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A: |
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Individual Tax Filing Services
Business Startup Services
Business Tax filings
Payroll Services
Life Insurance Services (Term Life, Whole Life, Universal Life, etc.)
Annuities,401k’s, IRAs, SEPs, Executive Bonus Plans Services
Estate Planning Services, Living Trust & Will Services. etc.
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Q: |
What are Tax Rates notified by IRS for 2021 ? |
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A: |
| Tax Rate |
Individuals |
Married Filing Jointly |
| 10% |
0 - $9,950 |
0 - $19,900 |
| 12% |
$9,951 to $40,525 |
$19,901 to $81,050 |
| 22% |
$40,526 to $86,375 |
$81,051 to $172,750 |
| 24% |
$86,376 to $164,925 |
$172,751 to $329,850 |
| 32% |
$164,926 to $209,425 |
$329,851 to $418,850 |
| 35% |
$209,426 to $523,600 |
$418,851 to $628,300 |
| 37% |
$523,601 or more |
$628,301 or more |
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Q: |
What are the Due Dates of 2021 Tax Filing ? |
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A: |
| January 16th |
4th Quarter 2021 Estimated Tax Payment Due |
| March 16th |
Businee Filing Due Date without Extension |
| April 15th |
Individuals Taxes and FBAR Due Date without Extension
1st Quarter 2022 Estimated payments and IRA 2021 Contributions Last Date
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| June 15th |
2nd Quarter 2022 Estimated Payments Due |
| September 15th |
Extension applied Business Filings Due Date
3rd Quarter 2022 Estimated Payments Due |
| October 15th |
Extension applied Individuals Filing Due Date |
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Q: |
What are the Tax Amendments for the year 2021 ? |
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A: |
Standard Deduction - for 2020 $24800 for Married Filing Jointly ($12400 Each), for 2021 it is $25100 ($12550 Each)
IRA Deductions reamins the same ie. $6000
For the year 2021, Child Tax Credit is fully-refundable and provides $3,600 in tax relief for each child under the age of 6 and $3,000 for each child between the ages of 6 and 17
The maximum amount for the third round of stimulus checks will be $1,400 for any eligible individual or $2,800 per eligible couple filing taxes jointly. Each eligible dependent — including adult dependents — also will qualify for a payment of $1,400
You can deduct any medical expenses above 7.5% of your adjusted gross income (AGI), which is your total income minus other deductions you have already taken
HSA holders can choose to save up to $3,600 for an individual and $7,200 for a family (HSA holders 55 and older get to save an extra $1,000 which means $4,600 for an individual and $8,200 for a family) – and these contributions are 100% tax deductible from gross income
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Q: |
Do you file for ITIN for dependents who does not have SSN? |
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A: |
Yes. We help filing for ITIN along with your Tax return filing. |
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Q: |
Do you file 1040 NR for Non-residents? |
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A: |
Yes. We do both 1040 and 1040 NR filings |
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Q: |
How long it takes to apply for ITIN? |
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A: |
Appling ITIN is part of your tax filing. As you can not e-file ITIN application,
it typically takes 8 to 12 weeks to process your tax returns when ITIN is needed. |
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Q: |
What is the process to apply for ITIN? |
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A: |
Please complete your registration at our website and submit your details.
During our call, we can explain you the complete process.
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Q: |
Do I need to include my Foreign Income in my tax filing? |
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A: |
If you are filing as resident, you need to include your worldwide income
in your tax return. However there are provisions for foreign income exclusions based
on your situations.
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Q: |
How do I check the status of my Federal Refund and how long does it take for deposit my refund? |
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A: |
Visit https://sa2.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp to verify the status of refund If did e-file and a direct deposit, then normally it takes about 8 to 15 days
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Q: |
How do I check the status of my State Refund and how long does it take for deposit my state refund? |
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A: |
Click on the link next to the state to verify the status of state refund. It takes about 3 to 4 weeks (if did e-file and direct deposit). If it's a paper filing, then it will take little longer
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