Let Me Share Why Filing Early May Be a Good Idea
I know you probably don't want to think about taxes - but you should. There is one thing that we love putting off until the last minute - and that is paying our taxes. But frequently that isn't a good idea.
Hello. I'm Sean Tull. I'm the CEO and founder of Phoenix Financial Tax Services. We have been providing tax and accounting services for 15 years.
I passionate about educating people on how to become empowered in the area of finances. I love seeing people grow and become who God wants them to be.
I'm also a certified trainer with Dave Ramsey - America's trusted voice on money. Let me refer to what Dave shares on the topic.
5 Benefits of Filing Your Taxes Early
On his website, Dave Ramsey identified five reasons for filing early. Let me summarize them for you.
1. Eliminate Tax Deadline Stress
Last year, nearly 34 million taxpayers waited until the last minute to file their taxes. Talk about stress! When you wait until the last minute - you don't make good decisions and you make mistakes.
2. Earlier Filers Average Larger Refunds
If you are getting refund, why should you be lending your money to Uncle Sam without any interest? By filing early you get every dollar that's rightfully yours. The sooner you start on your taxes, the more opportunity you have to make sure you are claiming all the tax deductions and credits you're eligible for.
3. Early Filers Can Better Protect Their Refunds From Identity Thieves
Online tax fraudsters tried to steal at least $12.2 billion through identity theft tax refund fraud in 2016. Filing early may not completely eliminate the threat of identity theft, but it can protect your refund. If thieves file a return using your Social Security number, and you've already filed, the IRS will kick them out of the system.
4. Early Filers with a Tax Bill Have Time to Make a Plan
If you owe taxes, it's natural to want to put off filing as long as possible. If you prepare your taxes early, then you'll know exactly what you have to pay, and you'll be able to come up with the best plan to pay your tax bill.
5. Early Filers Face Less Competition for Access to Their Tax Professional
You may have found out the hard way that it's a challenge to get on a good tax professional's schedule during crunch time. Tax professionals often charge more during the rush. The best way to avoid hassles is to get an appointment as soon as possible.
Join a Free Online Workshop with Me
- How to Minimize Your Tax Liability
- How to Get a Tax Refund Advancement
Schedule Your Tax Appointment with Us Today
Tax Refund Advancement Loan: You could get up to $6,000 by applying for a 0% interest, no fee loan when you file with us starting starting January 4, 2021.
Referral Program: Get $75 for each new customer you refer who files their tax return with us. Plus, your friends will get $50 off their tax prep fees.
Services We Provide To Help You Optimize Your Finances
Services We Provide To Help You Optimize Your Finances
Individual Tax Returns
We help you to submit an accurate tax filing that optimizes your returns.
BRONZE: Tax Return + Budgeting & Expenses (B&E)
We help to optimize your individual tax return. Moreover, we help you to create a budget and use an expense track tool to help you achieve your goals. $50 per month - includes tax return.
SILVER: Tax Return + Financial Plan (+ B&E)
We work with you to submit an optimized individual tax return, and to develop a financial plan for greater success. Plan includes bronze services. We also help you to create a budget and use an expense tracking tool. $100 per month - includes tax return.
GOLD: Tax + Credit Enhancement (+ B&E & Financial Plan)
We provide you 3 months of top credit enhancement services. We also help you to submit an optimized individual tax return, create a budget, and a financial plan. $200 per month. - includes tax return.
Personalized Business & Financial Service Firm
For over 15 years, Phoenix Business & Financial Services has been providing individuals and small businesses with finance and accounting services. The firm's personalized and dedicated approach to help each client succeed - has helped it to grow rapidly.
Personalized all-in-one accounting, payroll, tax, and financial planning services to help you succeed. The more services we do for you, the better we know you, the better we can serve you.