Ask R&G Brenner if You Are Paying Too Much in Taxes

The federal tax code is an enormously complex construct and it can be very difficult for people that are less familiar with its many nuances and opportunities to take full advantage of the options available. In fact, many millions of Americans fail to list deductions or claim credits that they qualify for, resulting in paying more to the government than they should have. Worse still, many other American taxpayers misunderstand how particular deductions and credits work and claim them when they shouldn’t, resulting in penalties and interest being charged. In view of all of this, sometimes it can really pay to get the assistance of a tax expert before filing.

The most common reasons people overlook deductions and credits that they qualify for is because they opt to do their taxes themselves and are simply unaware that they qualify to save more. Similarly, many people decide to file using simpler tax forms that just do not allow deductions or certain credits to be claimed. It is true that the advent of tax preparation software programs has made it easier for self-filers to save more money, but these programs are really not substitute for a real tax professional who knows what to look for and what questions to ask.

Another reason that many people fail to claim deductions and credits that they qualify for is that they have non-professional tax preparers doing their taxes for them. While the advent of tax preparation software has made it easier for many self-filers to get more credit than they would otherwise, it has also resulted in a lot of complete amateurs offering tax preparation services since all they have to do is follow the prompts provided by the computer programs. However, without being aware of all of the options available, a non-professional tax preparer is no better than – or worse then – the software package they are using to do other people’s taxes. The end result is that the consumer ends up spending extra money for preparation services that they could have done themselves using the same computer program.

One of the main problems people have with not understanding everything that they could claim is that people never get to see what difference a real tax professional can make on their annual tax bill. R&G Brenner is aware of this and this is why they offer to review anyone’s last three tax returns for free, just to show how much money could have been saved had the person used their services in the first place. Further, the limit is three years because within that window of opportunity, it is still possible to file an amended return and actually claim some of the money that was accidently overpaid or unclaimed. All people have to do is bring their last three tax returns to any of R&G Brenner’s twenty-eight offices in and around New York City, and their experts will review the filings and determine how much more could have been claimed.

This has been an incredibly popular promotional campaign since many people are genuinely amazed at how much more they could have saved by using a tax professional. Anyone is welcome to do this at any of R&G Brenner’s offices, so if you suspect you may have paid too much – or not gotten enough back – bring in your returns and find out for sure.

Have a tax question? Ask one of our tax professionals.