Wilmington, North Carolina based Jackson Hewitt Tax Service is taking steps to call attention to the importance of preparation when it comes to filing tax returns. As part of their outreach efforts, the company is also highlighting how much easier it is to file a tax return on time with the help of a good tax preparation service, such as the ones they offer.
Filing tax returns is often perceived as tedious and burdensome. However, it is an annual activity which can be regarded as a moral and social duty of every responsible citizen of a country. It provides a platform for expenditure assessment and also allows them to claim refunds, among other forms of relief. Based on annual income, the tax, which is calculated accordingly, must be paid by the individual. Failure to pay these taxes will result in penalties from the Income Tax Department. Filing returns is an indication of being a responsible citizen. This process also makes it easier for individuals and businesses to enter into subsequent transactions since their income is recorded by the tax department with applicable tax, if paid. It is important to prepare all documentation and records accordingly — and file returns by the deadline in order to ensure a smooth process.
Filing an Income Tax Return will also help people when they have to apply for financial assistance when purchasing new vehicles or houses. All major banks can ask for a copy of tax returns as proof of income statement, which is crucial for approval from most lenders. The Income Tax Return can be used as proof of income and address for other purposes as well. Filing taxes on time is also beneficial for quick visa processing. Most embassies and consulates require copies of a person’s tax returns for the past couple of years at the time of the visa application. These are amongst mandatorily required documents, hence it is always advisable to file tax returns on time.
Another benefit of filing the return within the original due date is that a person will be able to carry forward losses to subsequent years, which can be used to set off against the income of subsequent years. This means they can deduct certain losses from the relevant income, which will help reduce tax liability of future income. This is not possible without filing the income tax return in a timely manner. The benefits of filing on time mean that tax preparation is key.
To support taxpayers who have yet to complete this crucial task, Jackson Hewitt offers a variety of ways to file tax returns. One way is to file in-store. Any member of the community can book an appointment at locations across the country, including in Walmart stores, which are open with flexible hours. The second option is Document Drop-Off. Customers of the company can drop off documents at an office or curbside (depending on availability) and then come back within a few days to review and complete their return. The company also offers the Jackson Hewitt Tax Pro From Home service. Customers can upload documents remotely, talk with a Tax Pro and complete filing from anywhere, including from the comfort of their own home. The final option available is Jackson Hewitt Online, where customers can upload documents electronically, get step-by-step guidance to help them select the right answers, and access customer care support online. All of these options ensure that the customers will have guidance from the tax return filing experts at Jackson Hewitt in order to submit their tax returns with as little hassle as possible.
Jackson Hewitt Tax Service is known for being innovators in the tax industry. The company’s mission is to provide its hard-working customers access to simple, low-cost solutions to manage their taxes and tax refunds. Jackson Hewitt is devoted to helping customers get ahead of their taxes and stands behind its work with its Maximum Refund Guarantee and Lifetime Accuracy Guarantee® (restrictions apply). Customers have the option of choosing to file at one of Jackson Hewitt’s nearly 6,000 franchised and company-owned locations, including 3,000 in Walmart stores and online, making it easy and efficient for everyone to file their taxes on time.
For more information about products, services and offers, customers may visit the company’s official website and associated platforms. The company can be contacted via phone or email, and customers may also use the website to locate their closest Jackson Hewitt office.