Wink Inc. Enrolled Agents America’s Tax Experts ®
Wink Tax Services
FAQ

Are There Deadlines for Filing Tax Returns ?

Yes there are many deadlines and some dates can be extended but many cannot be. Some common deadlines are: Form W-2 and 1099 Information forms - Must be mailed out by January 31st. 1099 Information form for investments, 1099-D, 1099-B - Mailed out by February 15th. Business Returns such as Form 1120, 1120-S - Due March 15th. o Can be extended to September 15th. but one must file an extension by March 15th. Individual Returns such as Form 1040 - Due April 15th, most years. o Can be extended to October 15th. but one must file an extension by April 15th. FBAR - Foreign Bank and Financial Accounts (FinCEN 114) reports due April 15th, most years. RMD - Required Minimum Distributions - April 1st of the year following age 70.5 Why Should I Hire a Tax Preparer ? Very few people actually enjoy filing their own taxes. Even with the help of computer software programs, there is still a risk in understanding the complexities of our ever expanding tax system. In 1913 the first IRS Form 1040 was 1 page with 3 pages of instructions. According to Wolters Kluwer publishers of CCH the industry’s tax complation total 74,608 pages as of 2014. In 2017 President Trump Signed into law another 1097 pages of changes with HR 1. The risk of running into problems still exists. In addition, computer software programs are not formulated to take into account your unique situation. Why risk answering a question wrong. We know the right questions. We are prepared, trained, and licensed with the IRS to take on complex tax issues. What is an FBAR ? An FBAR is short for Report of Foreign Bank and Financial Accounts also known as Form 114 which is filed with FinCEN - Financial Crimes Enforcement Network, a part of the US Department of Treasury but seperate from the IRS. Why Should I keep good accounting records ? The number one reason business’s fail is failure to keep accurate financial records. Your business idea, concept, structure, personel, location can all be excellent but with out good accounting a business will fail. What is an ITIN (IRS Individual Taxpayer Identification Number) ? An ITIN is a nine digit number issued by the U.S. Internal Revenue Service (IRS) to individuals who are required for U.S. federal tax purposes to have a U.S. taxpayer identification number but are NOT eligible to get a U.S. Social Security number (SSN). What is a Certified Acceptance Agent ? A Certified Acceptance Agent is a person or an entity (business or organization) who, pursuant to a written agreement with the IRS, is authorized to assist individuals and other foreign persons who do not qualify for a Social Security Number but who still need a Taxpayer Identification Number (TIN). A Certifed Acceptance Agent can certify original identy documents so that original documents do need to be sent to the IRS in most cases. The Certified Acceptance Agent issues a Certificate of Accuracy (COA) for the submitted documents. Note who cannot issue a Certificate of Accuracy (COA): 1. An Acceptance Agent (AA) cannot issue a Certificate of Accuracy - original documents must still be submited to the IRS. 2. A Certified Public Accountant (CPA) cannot issue a Certificate of Accuracy - original documents must still be submited to the IRS. 3. A Enrolled Agent (EA) cannot issue a Certificate of Accuracy - original documents must still be submited to the IRS. 4. A Notary Public cannot issue a Certificate of Accuracy - original documents must still be submited to the IRS. Why are we contacted ? 1. Clients frequently contact us for assistance in dealing with tax issues such as the following: 2. Pension or IRA distributions. 3. Significant change in income or deductions. 4. Job change. 5. Marriage. 6. Start-up or sale of business 7. Purchase or sale of a home or other real estate. 8. Retirement. 9. Divorce or separation. 10. Self-employment or contract work. 11. Large charitable contributions. 12. Children in college. Tax Law Changes 13. Foreign Bank Accounts and Investments 14. IRS, State, Local tax notices. Languages ? English is our primay spoken language but we have capacity in other spoken languages. We are familar with many other contries tax systems/returns and are able to work with tax documents, tax returns and financial documents from many countries. Some returns we are familar with include: Canada, China, England, France, Luxumburg, Germany, Japan, Mexico, Australia, New Zealand, Poland, Romania, Spain, India, Pakistan, Hungary. Location ? We accept clients regardless of location, we work with clients via In Person meetings, Video meetings, Phone meetings, Mail and Email. We utilize a secure encrypted file and messaging service which is HIPAA, GDPR, UETA and ESIGN, PCI, CSA, FERPA, FINRA/SEC, NIST AND BBA compliant for privacy and data protection. For ITIN certification we can conduct the interview via Skype. Confidentiality ? Yes we treat your information with absolute confidentiality. Since your referrals are typically people you are acquainted with, you may be concerned that your personal or financial information will be discussed with them. We guarantee the confidentiality of all client information. We will never disclose your personal, financial, or business information with anyone without your express written permission. Also as licensed Enrolled Agents you have confidentiality privilege in many situations such as audits and collection matters. Are We Accepting New Clients ? Yes we are. While we have been in business over 30 years we have transitioned to the second generation and plan on expanding our clients for the next few decades, makes us feel a little old but we have the experience and energy for another 20 years. Referrals are the foundation of our business. We rely on our satisfied clients as the primary source of new clients. We have clients in most states and many countries but not all continents, no one from Antartica yet. Rewards ? Appreciation ? First of all, you have our gratitude, we truely value the confidence you have in us by referring family and friends. We also show our appreciation by offering some discounts: New Client Referral Discount $20 New Client Discount $20 Military Discount - variable o $20 Veteran o 25% discount Active Duty o 50% discount Combat Zone o Greater Discounts available to USMC - we support family. Family Discount extended family $20 per return Dependent Disount - variable o Income under $12,200 flat fee $10 to $20 o Income over $12,200 or multiple states 50% to 75% discount
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Wink Inc. | Enrolled Agents | 2701 Troy Center Dr, Ste 255 | Troy | Michigan | 48084 | Tel: 248-816-1220 | 800-276-8319 | Text: 248-800-6013|
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Wink Inc. Enrolled Agents America’s Tax Experts ®
Wink Tax Services
FAQ

Are There Deadlines for Filing Tax Returns ?

Yes there are many deadlines and some dates can be extended but many cannot be. Some common deadlines are: Form W-2 and 1099 Information forms - Must be mailed out by January 31st. 1099 Information form for investments, 1099-D, 1099-B - Mailed out by February 15th. Business Returns such as Form 1120, 1120-S - Due March 15th. o Can be extended to September 15th. but one must file an extension by March 15th. Individual Returns such as Form 1040 - Due April 15th, most years. o Can be extended to October 15th. but one must file an extension by April 15th. FBAR - Foreign Bank and Financial Accounts (FinCEN 114) reports due April 15th, most years. RMD - Required Minimum Distributions - April 1st of the year following age 70.5 Why Should I Hire a Tax Preparer ? Very few people actually enjoy filing their own taxes. Even with the help of computer software programs, there is still a risk in understanding the complexities of our ever expanding tax system. In 1913 the first IRS Form 1040 was 1 page with 3 pages of instructions. According to Wolters Kluwer publishers of CCH the industry’s tax complation total 74,608 pages as of 2014. In 2017 President Trump Signed into law another 1097 pages of changes with HR 1. The risk of running into problems still exists. In addition, computer software programs are not formulated to take into account your unique situation. Why risk answering a question wrong. We know the right questions. We are prepared, trained, and licensed with the IRS to take on complex tax issues. What is an FBAR ? An FBAR is short for Report of Foreign Bank and Financial Accounts also known as Form 114 which is filed with FinCEN - Financial Crimes Enforcement Network, a part of the US Department of Treasury but seperate from the IRS. Why Should I keep good accounting records ? The number one reason business’s fail is failure to keep accurate financial records. Your business idea, concept, structure, personel, location can all be excellent but with out good accounting a business will fail. What is an ITIN (IRS Individual Taxpayer Identification Number) ? An ITIN is a nine digit number issued by the U.S. Internal Revenue Service (IRS) to individuals who are required for U.S. federal tax purposes to have a U.S. taxpayer identification number but are NOT eligible to get a U.S. Social Security number (SSN). What is a Certified Acceptance Agent ? A Certified Acceptance Agent is a person or an entity (business or organization) who, pursuant to a written agreement with the IRS, is authorized to assist individuals and other foreign persons who do not qualify for a Social Security Number but who still need a Taxpayer Identification Number (TIN). A Certifed Acceptance Agent can certify original identy documents so that original documents do need to be sent to the IRS in most cases. The Certified Acceptance Agent issues a Certificate of Accuracy (COA) for the submitted documents. Note who cannot issue a Certificate of Accuracy (COA): 1. An Acceptance Agent (AA) cannot issue a Certificate of Accuracy - original documents must still be submited to the IRS. 2. A Certified Public Accountant (CPA) cannot issue a Certificate of Accuracy - original documents must still be submited to the IRS. 3. A Enrolled Agent (EA) cannot issue a Certificate of Accuracy - original documents must still be submited to the IRS. 4. A Notary Public cannot issue a Certificate of Accuracy - original documents must still be submited to the IRS. Why are we contacted ? 1. Clients frequently contact us for assistance in dealing with tax issues such as the following: 2. Pension or IRA distributions. 3. Significant change in income or deductions. 4. Job change. 5. Marriage. 6. Start-up or sale of business 7. Purchase or sale of a home or other real estate. 8. Retirement. 9. Divorce or separation. 10. Self-employment or contract work. 11. Large charitable contributions. 12. Children in college. Tax Law Changes 13. Foreign Bank Accounts and Investments 14. IRS, State, Local tax notices. Languages ? English is our primay spoken language but we have capacity in other spoken languages. We are familar with many other contries tax systems/returns and are able to work with tax documents, tax returns and financial documents from many countries. Some returns we are familar with include: Canada, China, England, France, Luxumburg, Germany, Japan, Mexico, Australia, New Zealand, Poland, Romania, Spain, India, Pakistan, Hungary. Location ? We accept clients regardless of location, we work with clients via In Person meetings, Video meetings, Phone meetings, Mail and Email. We utilize a secure encrypted file and messaging service which is HIPAA, GDPR, UETA and ESIGN, PCI, CSA, FERPA, FINRA/SEC, NIST AND BBA compliant for privacy and data protection. For ITIN certification we can conduct the interview via Skype. Confidentiality ? Yes we treat your information with absolute confidentiality. Since your referrals are typically people you are acquainted with, you may be concerned that your personal or financial information will be discussed with them. We guarantee the confidentiality of all client information. We will never disclose your personal, financial, or business information with anyone without your express written permission. Also as licensed Enrolled Agents you have confidentiality privilege in many situations such as audits and collection matters. Are We Accepting New Clients ? Yes we are. While we have been in business over 30 years we have transitioned to the second generation and plan on expanding our clients for the next few decades, makes us feel a little old but we have the experience and energy for another 20 years. Referrals are the foundation of our business. We rely on our satisfied clients as the primary source of new clients. We have clients in most states and many countries but not all continents, no one from Antartica yet. Rewards ? Appreciation ? First of all, you have our gratitude, we truely value the confidence you have in us by referring family and friends. We also show our appreciation by offering some discounts: New Client Referral Discount $20 New Client Discount $20 Military Discount - variable o $20 Veteran o 25% discount Active Duty o 50% discount Combat Zone o Greater Discounts available to USMC - we support family. Family Discount extended family $20 per return Dependent Disount - variable o Income under $12,200 flat fee $10 to $20 o Income over $12,200 or multiple states 50% to 75% discount
A A A A A A
Wink Inc. Enrolled Agents | 2701 Troy Center Dr, Ste 255 | Troy | Michigan | 48084 | Tel: 248-816-1220 | TF: 800-276-8319 | Text: 248-800-6013 |