Unfortunately, some taxpayers need to owe tax as a result of their annual filing. But they do not always receive an answer that leaves them satisfied that they got every deduction and credit they deserve. Last week we had a client with an unexpected amount due. We brought up last year’s return and this year’s return side-by-side and compared the what and how. We uncovered they she had attended a class that would qualify her for the Lifetime Learning Credit. It brought their balance down and they left feeling happy and satisfied with our service.
What happens at NakFin when you owe money.
by mikenakowicz | Feb 22, 2017 | General, Stories That Make Us Happy, Tax | 0 comments