Certified Public Accountants1215 Herr Lane, Suite 210 - Louisville, KY 40222502-896-2999

Tax Preparation Season

Most Americans consider tax preparation time to be between mid-January and April 15 and that's true for most individual filers. But for a growing number of taxpayers, tax preparation season is a year round process, thanks to the ever increasing number of workers that are on non-traditional employment status, such as contractors and small business owners.

During tax season, businesses must furnish employees, contract laborers and others, such as royalty earners, with tax documents specifying data required to complete individuals' tax returns. People who are required to file a tax return must do so by April 15 or request an extension.

According to Investopedia, tax season is the busy season for many tax preparers and accounting professionals. This three and a half month period is the time that people gather up the necessary paperwork, including wage and earnings statements (such as 1099s or W-2s) and assemble their tax returns. While some individuals calculate their own returns, many rely on the expertise of tax preparers and accounting professionals to be certain the paperwork is filed correctly and to improve the financial outcome of the tax return. Individuals must file federal, state and, in some cases, local tax returns. Read more: http://www.investopedia.com/terms/t/tax-season.asp#ixzz2NM4pHMcL

At Neikirk, Mahoney & Smith, we can work with you to save you time and stress. We are all Certified Public Accountants and that means you're not a number...you're an important individual and every individual with whom we work has different needs and expectations. When you consult with Neikirk, Mahoney & Smith to have your taxes prepared, you'll be surprised at how pleasant and informative the tax preparation and processing experience can be.