Frequently Asked Questions About Our Tax Services
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Frequently Asked Questions
Find answers to common questions about our services, pricing, and process.
Yes, our firm is interested in getting to know you to determine if we are the best fit for you and your needs. Before our initial meeting, we will provide some forms that need to be completed. Please contact the office or email our admin staff at JohnBLaneAdmin@JohnBLane.com to initiate the process.
Tax returns vary for each individual, family, or company seeking our services. Since needs differ, pricing is tailored accordingly. While we refrain from quoting a generalized fee, we can specify that personal returns with no business or rental properties start at $350.
Securely send your personal documents through various methods: Email to taxinfo@JohnBLane.com, website upload (if you have an account), share a link to your Google Drive or Dropbox folder, email using secure links provided by employees, after-hours drop-off in the building's back door drop box, drop-off during office hours, fax to 877-754-3894, or mail to our PO BOX 280 address.
Yes, our firm handles US 1040, S-Corporation, partnership, non-profit tax returns, and required state returns for families worldwide. We serve clients referred by friends, family, and military or missionary families.
First, we gather basic information to get to know you. This can be done over the phone or by sending you a client data packet. Second, you are set up as a client in our multiple software programs. Third, upon receiving the necessary information, a staff member will contact you to schedule an appointment to begin your journey with John B. Lane, CPA.
Personal Tax Questions
Common questions about personal tax returns, deductions, and dependents.
To provide the correct response, more details are needed. Generally, if a child or adult lived with you, you can claim them if you can prove support, residence, and financial dependence. Be prepared to provide further information for a more accurate assessment.
Changes in your tax situation can lead to owing taxes. Consider talking to your CPA in the last three months of the year, getting documents reviewed in early February, and reviewing the marginal tax rate table to understand discrepancies. Consult with your CPA to review your situation and make necessary changes.
Discuss your tax goals with us. Setting realistic goals aligned with potential law changes ensures a tailored plan for long-term tax efficiency.
With the current high standard deduction limit, consult your preparer if you have significantly changed medical bills, property taxes, or interest paid. Keep in mind that the 2017 provisions will expire in 2025, potentially increasing the number of individuals benefiting from itemized deductions in 2026.
Business Tax Questions
Common questions about business expenses, depreciation, and documentation.
The eligibility of business expenses depends on your business type, entity structure, and previous return setups. Our staff can provide consultation after asking questions and understanding your specific situation.
The depreciation process depends on the item's cost and purchase date. Ensure proper setup to avoid potential amendments or gain a refund. Maintain good records and be ready to provide documents for your preparer's review.
Define your role as an investor or employee, discuss short-term and long-term business goals, and educate yourself for informed decisions on tax efficiency for both personal and business aspects.
If our staff is handling your financials throughout the year, questions will be asked as needed. For annual clients or those with periodic reviews, be prepared with monthly bank, credit card, and year-end statements, sales reports from platforms like eBay or Amazon, loan balances as of fiscal year-end, and documents on new purchases.
Tax Guides & Tutorials
Guided Tutorials