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 50$ for a simple standard return to $500 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
Book Keeping Service
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 2023 ? |
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A: |
| Tax Rate |
Single Filers |
Married Individuals Filing Jointly |
Heads of Households |
| 10% |
0 - $11,000 |
0 - $22,000 |
0 - $15,700 |
| 12% |
$11,000 to $44,725 |
$22,000 to $89,450 |
$15,700 to $59,850 |
| 22% |
$44,725 to $95,375 |
$89,450 to $190,750 |
$59,850 to $95,350 |
| 24% |
$95,375 to $182,100 |
$190,750 to $364,200 |
$95,350 to $182,100 |
| 32% |
$182,100 to $231,250 |
$364,200 to $462,500 |
$182,100 to $231,250 |
| 35% |
$231,250 to $578,125 |
$462,500 to $693,750 |
$231,250 to $578,100 |
| 37% |
$578,125 or more |
$693,750 or more |
$578,100 or more |
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Q: |
What are the Due Dates of 2024 Tax Filing ? |
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A: |
US Tax Deadline for Individual Taxes |
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Individual Tax Filing: April 15, 2024 |
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US Tax Deadline for Business Taxes |
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The deadline for filing a business tax return depends on how the business is structured. The deadlines for each structure are as follows:
- S corporation: March 15, 2024
- Partnership: March 15, 2024
- Multi-member LLC: March 15, 2024
- Sole proprietorship: April 15, 2024
- Single-member LLC: April 15, 2024
- C corporation: April 15, 2024
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Estimated tax due dates for Individuals |
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| Jan.1 - Mar. 31 (3 months) |
April 15 (fourth month) |
| Apr.1 - May. 31 (2 months) |
June 15 (sixth month) |
| Jun.1 - Aug. 31 (3 months) |
September 15 (ninth month) |
| Sep.1 - Dec. 31 (4 months) |
January 15 (first month following tax year)* |
| * The January 15 is not required for a tax payer who pays all tax due and files Form 1040 or 1040-SR by January 31 |
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Q: |
What are the standard Tax updates for the year 2023 ? |
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A: |
Standard deduction for single $13850 and for joint $27700
IRA contribution limit was not changed it's $7000 as previous year
For the year 2023, Child Tax Credit is $2000 each dependent child who has age under 17 (if they are SSN). Otherwise the get $500. Please note these credits has income limits for eligibility
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 for single $3850 and for joint $7750
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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 ITIN and
an additional 4 to 6 weeks to get your estimated refunds. |
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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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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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