Your Frequently Asked Tax Questions Answered by Our Tax Specials
If you have tax questions, we have the answers! Below we’ve compiled a list of common questions our tax advisors answer. After reading through our FAQs, if you still have questions give us a call at 824.242.4880 or fill out our contact form to schedule an appointment with one of our tax advisors.
General Questions
A CPA (Certified Public Accountant) ensures your financial records are accurate, compliant with tax laws, and organized for better decision-making. While bookkeepers handle daily financial entries, a CPA provides oversight, reviews, and financial strategy based on that data.
Tax preparation is the process of filing your taxes accurately and on time. Tax planning, on the other hand, is a proactive strategy to minimize tax liability throughout the year using deductions, credits, and legal structuring.
Yes, at KhobTax, we specialize in both personal and business tax services, offering tailored solutions for individuals, freelancers, startups, and established businesses.
Our CPA services are customized to your needs. Pricing varies based on the complexity of work—whether it’s bookkeeping, tax filing, or full financial advisory. Contact us for a free consultation and personalized quote.
Professional bookkeeping improves financial accuracy, saves time, ensures tax readiness, and gives you real-time insight into your cash flow—helping you make informed business decisions and stay audit-ready.
Ideally, financial records should be updated weekly or monthly. Regular updates ensure accuracy, timely tax filings, and better financial control.
You should provide income statements (W-2s, 1099s), expense receipts, bank statements, prior tax returns, investment records, business financials (if applicable), and any relevant deductions or credits documents.
Many businesses overlook local business taxes, sales tax obligations, self-employment taxes, and estimated quarterly tax payments. A CPA ensures you remain compliant and avoid penalties.
Tax Questions
Simply upload your documents to your existing portal account, and we will get back to you within 24 to 48 hours.
To ensure accurate filing, you'll need to provide income statements (W-2s, 1099s), deduction records (mortgage interest, medical expenses), proof of identity (Social Security Number or ITIN), and any relevant tax documents related to investments or other income.
Individual tax returns are due by April 15, with an extended deadline of October 15. Partnership returns and S-corporation returns are due by March 15, with an extended deadline of September 15. C-corporation returns are due by April 15, with an extended deadline of October 15.
Once your return is filed, you can track your refund status through the IRS "Where’s My Refund?" tool online.
We can help you file for an extension, which will give you an additional 6 months to submit your return. However, an extension only extends the filing deadline, not the payment deadline.
We offer a secure online portal for uploading your tax documents. Simply log in to your account, and you can upload all your relevant documents for us to process your return.
If you receive an IRS notice, we can help you understand it and assist in addressing any concerns or required actions. Please contact us immediately for support.
We create a portal account for each of our clients to securely upload documents. Please contact us at 510-742-1419 to set up your account.
You can get your username or reset password by clicking here.
Our basic tax filing fee (Federal + 1 State) starts at $125, and will vary based on the complexity of your filing. For an accurate estimate based on your specific situation, please call us at 510-742-1419.
The IRS typically issues refunds within 21 days of e-filing your return. For paper-filed returns, refunds may take 8 to 12 weeks.
Yes, we offer secure e-filing options to ensure your tax return is submitted accurately and quickly. E-filing is the fastest way to get your refund.
Yes, we provide comprehensive tax planning services to help minimize future tax liabilities and optimize deductions, ensuring you can achieve your financial goals.
We can help you file for an extension, which will give you an additional 6 months to submit your return. However, an extension only extends the filing deadline, not the payment deadline.
Yes, we can assist you if your business is audited by the IRS. We offer IRS representation services to help navigate the audit process and ensure that all your records are in order.