Question 1

Where is my refund?

Accepted Answer

You can check the status of your Federal Refund at www.irs.gov (www.irs.gov)

Question 2

What is the cost to file my taxes?

Accepted Answer

Our fee can vary based on the number of forms to file. Personal tax return can be $250-$575. Business taxes must make an appointment.

Question 3

How long does it take to receive a refund?

Accepted Answer

Electronic refunds will generally take 10 to 21 days to receive.

Paper returns will generally take 30 to 45 days to receive.

Question 4

How can I schedule an appointment?

Accepted Answer

You can schedule an appointment by clicking here.

Question 5

How to setup a payment plan?

Accepted Answer

You can apply online at www.irs.gov (www.irs.gov)or ask us for assistance.

Question 6

How to Download Quickbooks (QBO) file for your Financial Institution?

Accepted Answer

Wells Fargo
Step 1: Login to your Financial Institution. 
Step 2: Click into any of your accounts available. 
Step 3: Under Activity, click on Download Account Activity. 
Step 4: Follow the steps shown on your online account. 
 a. Choose the Account you want to download. 
b. Select Date Range 01/01/[Last Year] - 12/31/[Last Year] 
c. Select File Format to Download - Select Quickbooks (QBO) 
d. Download 
Step 5: Once the file downloads, upload the file within TaxDome or send it over via email to info@globalasi.com (info@globalasi.com)

Chase
Step 1: Login to your Financial Institution. 
Step 2: Click into any of your accounts available. 
Step 3: Under Activity, click on Download Button (the arrow facing downwards with a line underneath) on the right corner.
Step 4: Follow the steps shown on your online account. 
 a. Choose the Account you want to download. 
b. Select File Type to Download - Select Quickbooks Web Connect (QBO) 
c. Select Date Range 01/01/[Last Year] - 12/31/[Last Year] 
d. Download 
Step 5: Once the file downloads, upload the file within TaxDome or send it over via email to info@globalasi.com (info@globalasi.com)

Bank of America
Step 1: Login to your Financial Institution. 
Step 2: Click into any of your accounts available. 
Step 3: Under the All Transactions Tab, click on Download Button (the arrow facing downwards with a line underneath) on the right corner, then click the dropdown button. 
Step 4: Follow the steps shown on your online account. 
 a. Select Date Range 01/01/[Last Year] - 12/31/[Last Year] 
b. Select File Type to Download - Select Web Connect for Quickbooks (QBO) 2018 & Above. 
c. Download 
Step 5: Once the file downloads, upload the file within TaxDome or send it over via email to info@globalasi.com (info@globalasi.com)

Regions 
Step 1:  Login to your Financial Institution. 
Step 2: Click into any of your accounts available. 
Step 3: Under Activity, click on Download Button (the arrow facing downwards with a line underneath) on the right corner.
Step 4: Follow the steps shown on your online account. 
 a. Choose the Account you want to download. 
b. Select File Type to Download - Select Quickbooks Web Connect (QBO) 
c. Select Date Range 01/01/[Last Year] - 12/31/[Last Year] 
d. Download 
Step 5: Once the file downloads, upload the file within TaxDome or send it over via email to info@globalasi.com (info@globalasi.com)

Credit Unions 
Step 1:  Login to your Financial Institution. 
Step 2: Click on Account and locate Transaction History.  
Step 3: Click on the Download Button (the arrow facing downwards with a line underneath) on the right corner.
Step 4: Select Download QBO (Quickbooks) 
Step 5: Once the file downloads, upload the file within TaxDome or send it over via email to info@globalasi.com (info@globalasi.com)

If your financial institution is not listed and none of the options above are helpful to you, please contact our office and we will be able to assist you with handling this matter.

Question 7

Am I eligible to claim my child as a dependent?

Accepted Answer

You can claim your child as a dependent if they are under 18, or under 24 and in college, and you provide more than 50% of their support.

Question 8

What documents do I need to file my taxes?

Accepted Answer

Once a completed intake form (https://powerforms.docusign.net/c6398804-3775-4938-a5ab-b06a31ae36d3?env=na4&acct=b2d3486c-5bc2-4a28-bd63-99995629aaf1&accountId=b2d3486c-5bc2-4a28-bd63-99995629aaf1)has been submitted, a detailed email will be sent to you of all required document to start the process of filing your taxes.

Question 9

Can I itemize my deduction?

Accepted Answer

Yes you can, if the total amount of your allowable itemized deduction is greater than your standard deductions.

Question 10

What if I get an IRS notice?

Accepted Answer

You should request a f(http://www.globalasi.com/book-now)ree 15 minute consultation (http://www.globalasi.com/book-now)with us.

Question 11

Why is my refund less than expected?

Accepted Answer

To find out if your refund was fully or partially offset call 800-304-3107.

Question 12

Why should I choose Global Accounting Solution to do my taxes?

Accepted Answer

Are you one of nearly half of all American taxpayers that are overpaying the IRS? 
Could you be repeating the same mistakes or overlooking deductions year after year?

Global Account Solution professionals thoroughly examine each customer’s tax situation to get every deduction, credit, and tax advantage possible. We pledge quality tax preparation coupled with premier customer service at each location. And we guarantee accuracy or your money back.

Question 13

What is the earliest I can file my taxes?

Accepted Answer

When you get your W-2, you can have your taxes prepared right away, but the IRS will not accept them before a pre-defined date.

Question 14

What is the deadline to file my taxes?

Accepted Answer

The standing deadline for personal taxes is April 15. However, sometimes that date falls on a weekend or after Emancipation Day (a holiday in DC) and pushes the deadline to as late as April 18.

Question 15

How do I get a copy of my return from the IRS?

Accepted Answer

You can request a photocopy or a computer transcript (a line-by-line listing) of the information on your filed tax return.

Photocopies and transcripts are free from the IRS. If you need an actual copy (not a photocopy), then you must complete IRS Form 4506 (https://www.irs.gov/forms-pubs/about-form-4506)and pay a $50 fee for your filed tax return and all related tax information, such as your Form W-2, etc...

Question 16

How can I get a copy of my W-2?

Accepted Answer

To get a copy of your Form W-2 or Form 1099, you should first contact your employer or financial institution.

If we used your W-2 to prepare your return, through you have a couple of options:
If you have an Intuit (https://link.intuit.com/login/#/signin)account with us, you can log-in and view your filed tax return including your W-2.

If you don't have an Intuit account with us, we recommend requesting to create one, but you can also reach out our office so we can assist you with requesting a copy, if available.

You can also download a Form 4056 at www.irs.gov (www.irs.gov)to request a copy of the return you filed with the IRS which will include your W-2 or Form 1099 and other tax documents.

Question 17

How do I file an amended return?

Accepted Answer

You can file an amended return to correct any errors or omissions on your original return. In some cases, you may even change filing status.

Using IRS Form 1040X, state the reason for filing the amended return and show the correct tax information and your original refund or balance due amount.

Do not attached Form 1040, 1040A, or 1040EZ to amended return. You must file your amended return within three years after the date you filed your original return.

Tax Preparers with Global Accounting Solution will assist taxpayers through the IRS amendment process. Just log on to your client portal (https://link.intuit.com/login/#/signin)and request an amendment on your return or schedule an appointment (http://www.globalasi.com/book-now)so we can get the process started.

Question 18

What if I receive another tax document after I've filed my return?

Accepted Answer

If you've already e-filed or mailed your return to the IRS or state taxing authority, you'll need to complete an amended tax return.

Depending on the form, you may not need to amend. Message your client portal we will assist you with the additional form.

Question 19

What tax document do I need if I have a mortgage?

Accepted Answer

Your mortgage company should send you a Form-1098 or it can be found in the documents section of your mortgage company website; this document is what reports the mortgage interest you've paid.

Question 20

What documents do I need from my employer?

Accepted Answer

The forms to prove employment may vary depending on individual situations.

For most, an employer will provide a W-2 form.
The self-employed (i.e. independent contractors, IBO/Independent Business Owners, Uber Drivers, etc.) should receive a 1099-MISC from the company.

Question 21

What documents do I need if I am unemployed?

Accepted Answer

If you received unemployment benefits from your state over the past year, you must claim that as income and therefore pay taxes on those benefits.

The unemployment agency should provide you with a 1099-G form, which explains the amount of benefits you drew during the past year. The Internal Revenue Service (IRS) receives a copy as well and will tax you at the appropriate rate in your tax bracket. Not everyone owes. If you worked a portion of the past year, chances are you paid payroll taxes and may earn a refund if those deductions were overpaid.

Question 22

What documents are required for filing self-employment taxes?

Accepted Answer

To file your self-employment taxes, you'll need Schedule C with IRS Form 1040. Depending on your business type, additional forms and quarterly estimated payments using Form 1040-ES might be necessary. Gather all your expenses so we can complete your tax return efficiently.

Question 23

What documents will I need if I am divorced?

Accepted Answer

Taking necessary steps before tax time will make things easier once you file your taxes for the first time after a divorce. Change your W-4 through your employer so taxes will be withheld at the correct rates. Also, if you (or a family member) changed your name, file Form SS-5 with the Social Security Administration to ensure there aren’t any complications with the IRS.

Question 24

What happens if I file my taxes late?

Accepted Answer

Filing your taxes late can lead to penalties. You can pay your tax liability through an installment plan or consider an Offer in Compromise (OIC) to settle for less than the full amount owed. The IRS is unlikely to approve an OIC if you can pay the full amount through other means. To request an OIC, fill out Form 656 or Form 656-B and mail it to the IRS.

Question 25

Are full-time students required to pay taxes on work-study income?

Accepted Answer

Yes, work-study income is taxable and must be reported on your tax return. Attach your W-2 showing your earnings and withheld taxes to your return.

Question 26

Can I claim charitable donations without a receipt?

Accepted Answer

Yes, you can as long as you keep good records in the event you are ever audited by the IRS. Be sure to record the name of the organization, the date and location; as well as a detailed description of what you donated. Keep notes on the amount you claimed as a deduction and how you figured the fair market value on the items you donated. In the case of a monetary donation, as long as it’s less than $250, a canceled check or even a payroll deduction can suffice for proof of the donation.

Question 27

Can I deduct expenses paid for repairing my home?

Accepted Answer

Typically, general home repairs cannot be deducted from your taxes. Home repairs are meant to keep your home in good condition, but do not increase the value of your home.

However, if you live in a “federally declared disaster area” and your home is affected, then you can claim the cost to repair the damages.

If you use part of your home as a principal place of business, some repairs can be deducted, but you must itemize your deductions on Schedule A.

Question 28

How to pay your taxes if you owe money to the IRS?

Accepted Answer

If you owe taxes, the IRS offers several options where you can pay immediately or arrange to pay in installments visit:

https://www.irs.gov/newsroom/how-to-pay-your-taxes(https://www.irs.gov/newsroom/how-to-pay-your-taxes)

Question 29

How do I obtain my Adjusted Gross Income (AGI)?

Accepted Answer

The best way to locate your AGI is to use your previous year tax return and locate it on line 8b on from 1040. If you do not have your old tax return, you can get your AGI from one of the IRS self service tools:

https://www.irs.gov/individuals/electronic-filing-pin-request(https://www.irs.gov/individuals/electronic-filing-pin-request)

Question 30

How do I get a copy of my refund from Global Accounting Solutions?

Accepted Answer

Log into your client portal and send us a message. We will email you over another copy of your return!

BOOKKEEPING | INDIVIDUAL TAXES | BUSINESS TAXES | PAYROLL SERVICES | AUDIT SERVICES | NON-PROFITS

Phone: 678-290-6600 | Fax: 678-290-9818 | Email: info@globalasi.com
3330 Cumberland Blvd Ste-500

BOOKKEEPING | INDIVIDUAL TAXES | BUSINESS TAXES | PAYROLL SERVICES | AUDIT SERVICES | NON-PROFITS

Phone: 678-290-6600 | Fax: 678-290-9818 | Email: info@globalasi.com 3330 Cumberland Blvd Ste-500

Phone: 678-290-6600 | Fax: 678-290-9818 | Email: info@globalasi.com
3330 Cumberland Blvd Ste-500