Today is the last day of filing 2011 taxes.  We have been busy finishing up returns and filing extensions.  Thank you to all our wonderful clients we have been able to help this tax season.

We will be out of the office for the rest of the week for a well deserved vacation, then we will be back in the office on Monday April 23rd.  The 23rd is the big day for our drawing of the iPad2!  We have had many excited clients who entered our drawing.  Check back next week to see who the lucky winner is!

Many people have been asking when we will be holding our iPad2 drawing.  Tax season ends on April 17th this year and we will then be out of the office until the next Monday.  We will hold the drawing on Monday April 23rd.

Are you interested in entering our drawing?  Contact us to have your taxes done and we will enter you!

Just a reminder that personal taxes and 1065 business taxes are due on April 17th this year.  That means you have 3 1/2 weeks left to get your taxes done.  You may also request an extension to file your tax return.

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Well, yesterday was the corporate tax filing deadline.  We’ve had a busy week getting all of those done and filing extensions for clients that weren’t ready yet.  Now it’s time to look forward to the next few weeks.  We will be busy preparing personal returns and other business returns.  Remember to get your taxes filed (or request an extension) by the 17th of April.  Yes, that’s right, you have two extra days to file this year!

Do you own a corporation?  The deadline to file your return is Thursday March 15th.  If you don’t think that you will have all your corporate tax information ready by then, remember to request an extension.  That extension will allow you to file your corporate taxes by Sept 15th instead.  Keep in mind that to have an accurate personal income tax return, you will need your business information to be finished.

Many people have been asking about their tax refund.  In previous years, the IRS would take about 2 weeks to process their e-file refunds.  This year though, it is taking closer to 4 weeks.  Their website is also experiencing technical difficulties at this time.  If you go on their site to the “Where’s My Refund” part of the page, it will ask you to enter your information but not gtive you a deposit date.  It is very frustrating to people who are waiting for their refund, but please be patient with the IRS.  Your refund will come, it just may take an extra week or two that previously planned.

If you live in the Pleasant Grove, Lindon, and North Orem areas of Utah County, check your Money Mailer coupons that come in the mail this week for a great new coupon for your tax preparation.  Personal returns receive $20 off and business returns receive $50 off!  Also, remember that we are having a drawing for an iPad2 at the end of tax season.  Come in and get your taxes done to enter the drawing!!

Once you have your taxes finished and filed, the next thing is waiting for your refund to come.  Many people ask how long it will take to receive their refund and how they can check on that.

How long will your refund take?

If you decided to e-file your return and have your refund direct deposited, the IRS has stated that it takes between 2 or 3 weeks for the money to be deposited in your account.  If you e-filed and opted to receive a check, your check will be sent out after three weeks.  If you decided to send in a paper copy of your return, it will take between 6 and 8 weeks for them to process your return and then send out the check.

How can you check on your refund?

The easiest way to check on your refund is to visit the IRS website.  They will have updated information about your refund 4 days after your e-filed return has been accepted, or 4 weeks after you have mailed in your return.  On their homepage, there is a colored link that says “Where’s my refund?”.   You will need the following information to check on your refund:  your social security number, your filing status, and the exact amount of your refund.  If you have filed your return jointly, then you will need the social security number of the first person listed.

You may also call the IRS to check on your refund.  There is a refund hotline at: 800–829–1954  If calling the IRS you will also need your social security number, your filing status, and the exact amount of your refund.

When you come in to have your taxes done, enter our drawing to win an iPad2.  With each return you file, you will receive one entry into the drawing.  If you refer friends or family and they come in and have their taxes done, you will receive an additional entry for each referral.

******UPDATE*******

This drawing was for the tax season and is now finished.  Thank you for your interest!