Displaying items by tag: life changes

It’s important to file now to get tax returns processed quickly and money in pockets when people need it most

Denver, CO, March 24, 2020 – Larry Cox and Amanda Hill, 24-year veteran, award winning Jackson Hewitt franchise owners of 19 locations in Denver and Pueblo, Colorado, put the health and safety of their customers and tax preparers first.

Amanda states, “Given the coronavirus pandemic, it is imperative to offer alternative filing options that limit or eliminate time in the office. We are working with our communities to provide the best service, where customers can still interact with a tax pro and not try to do it themselves. Although the tax filing deadline has been extended to July 15th, it’s important to file now to get tax returns processed quickly and money in pockets when people need it most".

Life changes bring on more than a new baby, a new spouse, or a new house; they also bring major tax implications

JERSEY CITY, NJ, December 30, 2019 – Getting married, buying or selling property, having children, or retiring are big life changes and also can have a big impact on a taxpayer’s taxes. Simply put -- life changes a person’s taxes. Jackson Hewitt encourages taxpayers to understand how major life changes in 2019 may bring credits and deductions that may lower a taxpayer’s tax burden or increases their refund.

“Life changes bring on more than a new baby, a new spouse, or a new house; they also bring major tax implications,” said Mark Steber, Chief Tax Officer at Jackson Hewitt. “At Jackson Hewitt, we enjoy celebrating life’s milestones with our clients, and our Tax Pros specialize in finding the extra credits and deductions associated with these changes.”

Jackson Hewitt shares the top five life changes that can lower taxes: