Financial Services Tax Preparation

Liberty Tax Service

011 E Bidwell St. Suite 117, Folsom (916) 608-1549

About Us

Welcome to Liberty Tax Service

 

Tax Services Available at Liberty

Tax service solutions to suit all your tax preparation needs

When you visit a Liberty Tax office, you can rely on real help from real people – and for products and tax services with real benefits.

What makes Liberty special? Our enthusiasm, our commitment to our customers, and our selection of products are all reasons you should have your taxes prepared at Liberty Tax Service.

Take a look at what Liberty offers:

  • Year-Round Support - Our offices are open year round to serve your needs.
  • Satisfaction Guarantee - We guarantee our service 100%. If you are not satisfied for any reason, we will refund your preparation fees.
  • Accuracy Guarantee - We will give you the most accurate return and the largest possible refund. If we make an error in the preparation of your return that results in penalties and interest, we will pay the associated penalties and interest.
  • Free Consultation - Information and consultations are always free at Liberty Tax.
  • Audit Assistance - If the IRS audits you for a return we prepared, we will accompany you to the audit and will answer questions as to how the return was prepared.
  • Correspondence Assistance - We offer IRS tax help by assisting you with all IRS and state correspondence that you receive; including audits, letters, and inquiries about your tax return.
  • Free Copies - You can, at any time, get copies of your tax return for free.

 

 

 Select one of our filing options below to choose the best tax service for your need.

  • Online Tax Preparation – esmarttax.com is Liberty’s online tax preparation available to those of you who prefer to prepare your own taxes.
  • Electronic Filing  - Electronically file return to IRS with your refund sent to you via check or directly deposited to your bank account by the IRS.
  • Paper Returns – Return done as a standard paper return and must be mailed by you to the IRS.
  • RT – Refund transfer typically in 8 to 15 days of electronic filing of tax return.
  • RAL – Refund anticipation loan, most in 24 hours or less. Must qualify.
  • RAL Advance – Loan on a portion of expected federal income tax refund, available if you apply for a RAL. Most in one hour. Must qualify.

All loans made by Santa Barbara Bank & Trust. Interest and fees apply.

2008 IRS Tax Information

Let the professionals at Liberty Tax Service be your main resource for your specific tax issues and IRS tax information.
Don’t give the IRS more than their fair share. Take advantage of Liberty’s tax preparers’ experience.

 

 

Dependents
A dependent must be either a "qualifying child" or a "qualifying relative." You are allowed one exemption for each person you can claim as a dependent.


Filing Status
Single, married filing jointly, married filing separately, head of household…all these and more explained.


Individual Retirement Arrangement (IRA)
No contributions are allowed to a traditional IRA in and after the year you turn age 70 1/2. At that age, there is a required minimum distribution (RMD) that must be withdrawn each year.


Life changes have tax consequences, from birth through death
During your lifetime, you may get a job, go to school, get married, start a business, change jobs, have children, send children to college, buy and/or sell a home, get divorced, contribute to a retirement plan, or draw money out of a retirement plan.

Rental Income & Expenses
Owning rental property is often a good way to increase your net worth.


Taxable VS Nontaxable Income
Knowing how to report it properly helps reduce the tax liability.


Earned Income Credit
The Earned Income Credit (EIC) is a tax credit for certain people who work and have less than $41,646 of earned income.


How to Avoid Common Problems
Mathematical errors, forgetting to sign your return and more.


Mileage Deductions
Keep track of your deductible mileage on your vehicle and you could see big savings on your tax return. Remember that you MUST keep accurate records in order for the deductions to be allowed.


What Should You Bring To Your Tax Interview?
Personal information for each family member, income and tax information, deductions and credits.


Deductions
Most taxpayers have a choice of either taking a standard deduction or itemizing their deductions.
Avoid paying more tax than necessary. Your Liberty Tax professional will probe to make sure that you claim all the tax deductions that you are eligible to claim.


Tax Changes
There's nothing as certain as an ever-changing tax code. Besides the usual increases in exemption amounts, standard deductions, and qualifying income levels for the earned income credit, there are several impactful changes for filing Tax Year 2008 returns.

 

Call Today!

(916) 608-1549

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