Best Income tax preparation & Advances in Pontiac
Tax Shield Service offers expert Personal and Business Income tax filing, including Holiday and Shield Advances, Referrals, and Tax planning. Our seasoned tax consultants minimize tax liabilities and maximize savings. Specializing in business tax preparation and compliance.
With 12+ years of experience, we provide consultations and audit support, prioritizing integrity, accuracy, and client satisfaction. Trust us for diligent and professional handling of your tax matters.
Additional Services
What Is Income tax preparation & Advances?
A refund advance on your taxes essentially allows tax clients during tax season to receive a portion of their refund before the IRS accepts their returns. Tax Shield Services offers two types of Advances. The first is available within 30 minutes, accessible any time before the IRS begins accepting returns. The second is obtainable within 24 hours after the tax authorities or IRS has accepted the client's return.
These convenient options provide tax payers or clients with quick access to funds, catering to different timelines in the tax return process, ensuring flexibility and financial support during various stages of the tax preparation process.
Best Income tax preparation & Advances in Pontiac
Tax Shield Service offers expert Personal and Business Income tax filing, including Holiday and Shield Advances, Referrals, and Tax planning. Our seasoned tax consultants minimize tax liabilities and maximize savings. Specializing in business tax preparation and compliance.
With 12+ years of experience, we provide consultations and audit support, prioritizing integrity, accuracy, and client satisfaction. Trust us for diligent and professional handling of your tax matters.
Additional Services
What Is Income tax preparation & Advances?
A refund advance on your taxes essentially allows tax clients during tax season to receive a portion of their refund before the IRS accepts their returns. Tax Shield Services offers two types of Advances. The first is available within 30 minutes, accessible any time before the IRS begins accepting returns. The second is obtainable within 24 hours after the tax authorities or IRS has accepted the client's return.
These convenient options provide tax payers or clients with quick access to funds, catering to different timelines in the tax return process, ensuring flexibility and financial support during various stages of the tax preparation process.
Recent Income tax preparation & Advances
Recent Income tax preparation & Advances
How It Works
Step 1
Bring in all your necessary documents; ID, SSN, Children birth certificate
and their SSN, W-2/Pay Stubs.
Step 2
Apply in one of our nearest location by brining the necessary documents to
the Tax Preparer.
How Income tax preparation & Advances Works
Upon application and depending on the time line of the process, the tax preparer reviews the documents you gave them and evaluates your eligibility. Subsequently, you may receive a portion of your refund as an advance.
Repayment of the Advances
The process of repaying the advance usually occurs when the IRS issues the final tax refund. This repayment is often automated, with the tax preparation service deducting the advance amount along with any associated fees directly from the taxpayer's refund.
It's crucial to note that the advance on taxpayer taxes is distinct from the actual tax refund; it represents only a portion of the total refund. Understanding this distinction is essential to manage expectations, as the advance serves as a short-term pay against the anticipated refund.
Meet Your Team
Your Team
Tax shield services Specializes In:
Income tax preparation & Advances FAQ's
Frequently Asked Questions
Q: What is a tax refund advance?
A: The tax refund advance is a great financial service during tax season that allows individuals to receive a partial amount of their anticipated tax refund before the complete refund is disbursed by tax authorities or the IRS. This process is distinct from receiving the entire tax refund, as the advance is a pre-issued portion facilitated by tax preparation services such as Tax Shield Services, offering a quicker resolution to financial requirements while awaiting the full refund from government authorities.
Q: How quickly can I receive a tax refund advance?
A: Taxpayers commonly prioritize the swiftness of the refund advance process. Holiday advance typically offer a rapid turnaround, often taking a maximum of 30 minutes, while Shield Advances are processed within 24-48 hours.
The eligibility for these quick advances is contingent on the client qualifying for a tax refund and having no outstanding debts with the IRS. This highlights the efficiency of these advances, providing timely financial relief for eligible clients who meet specific criteria and ensuring a prompt response to their financial needs while adhering to IRS regulations.
Q: What's the difference between a Holiday Advance and a Shield Advance?
A: Holiday Advances are issued during the holiday and end at April 15.
Depending on Tax Payer's eligibility, these advances range up to a maximum of $500.
Shield Advances are issued after the 1st day opening of IRS
accepting returns and only with W-2s with the exception of self-employments. These Advances range from a minimum of $500 and a maximum of $7,500.
Q: What happens if my tax refund is less than the advance amount?
A: This scenario contemplates a situation where the final tax refund falls short of the initially anticipated advance amount. Typically, taxpayers may not qualify for the Shield Advance under such circumstances. However, they still have the option to apply for smaller Holiday Advance, provided they meet the eligibility criteria.
This underscores the flexibility of the tax refund advance system, allowing individuals to navigate varying refund amounts and choose an advance option that suits their financial circumstances.
Q: What is the cost associated with a tax refund advance?
A: Tax Shield service distinguishes its fee structure for different advances. While Holiday Advances come with no charges, the Shield Advance involves specific bank fees. Tax preparers are committed to transparency, ensuring clients are fully informed about all associated fees and Shield Advance costs before processing their returns.
This upfront disclosure empowers clients to make informed decisions of each advance option and any related fees that may be incurred during the process.
Q: Can a taxpayer refuse to take advances if not interested with the amount?
A: Absolutely. Tax clients are fully empowered to choose not to take any advances and instead patiently await the entirety of their tax return. Tax preparers strictly adhere to this choice, respecting the client's decision-making autonomy. No checks or advances are issued without explicit consent, underscoring the importance of client consent and ensuring a client-centric approach in the tax preparation process.
This client-focused policy emphasizes transparency and the safeguarding of individual choices in managing their financial affairs and plan accordingly.
Contact Us
Service Hours
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Monday - Friday: 10:00 AM - 6:00 PM
Saturday: 11:00 AM - 5:00 PM
Sunday: Closed
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How It Works
Step 1
Bring in all your necessary documents; ID, SSN, Children birth certificate and their SSN, W-2/Pay Stubs.
Step 2
Apply in one of our nearest location by providing the necessary documents to the Tax Preparer.
How Income tax preparation & Advances Works
Upon application and depending on the time line of the process, the tax preparer reviews the documents you gave them and evaluates your eligibility. Subsequently, you may receive a portion of your refund as an advance.
Repayment of the Advances]
The process of repaying the advance usually occurs when the IRS issues the final tax refund. This repayment is often automated, with the tax preparation service deducting the advance amount along with any associated fees directly from the taxpayer's refund
It's crucial to note that the advance on taxpayer taxes is distinct from the actual tax refund; it represents only a portion of the total refund. Understanding this distinction is essential to manage expectations, as the advance serves as a short-term pay against the anticipated refund.
Meet Your Team
Technician
Income tax preparation & Advances FAQ's FAQ's
Frequently Asked Questions
About Tax Advances
Q: : What is a tax refund advance?
A: The tax refund advance is a great financial service during tax season that allows individuals to receive a partial amount of their anticipated tax refund before the complete refund is disbursed by tax authorities or the IRS. This process is distinct from receiving the entire tax refund, as the advance is a pre-issued portion facilitated by tax preparation services such as Tax Shield Services, offering a quicker resolution to financial requirements while awaiting the full refund from government authorities.
Q: How quickly can I receive a tax refund advance?
A: Taxpayers commonly prioritize the swiftness of the refund advance process. Holiday advance typically offer a rapid turnaround, often taking a maximum of 30 minutes, while Shield Advances are processed within 24-48 hours.
The eligibility for these quick advances is contingent on the client qualifying for a tax refund and having no outstanding debts with the IRS. This highlights the efficiency of these advances, providing timely financial relief for eligible clients who meet specific criteria and ensuring a prompt response to their financial needs while adhering to IRS regulations.
Q: What's the difference between a Holiday Advance and a Shield Advance?
A: Holiday Advances are issued during the holiday and end at April 15. Depending on Tax Payer's eligibility, these advances range up to a maximum of $500.
Shield Advances are issued after the 1st day opening of IRS accepting returns and only with W-2s with the exception of self-employments. These Advances range from a minimum of $500 and a maximum of $7,500.
Q: What happens if my tax refund is less than the advance amount?
A: This scenario contemplates a situation where the final tax refund falls short of the initially anticipated advance amount. Typically, taxpayers may not qualify for the Shield Advance under such circumstances. However, they still have the option to apply for smaller Holiday Advance, provided they meet the eligibility criteria.
This underscores the flexibility of the tax refund advance system, allowing individuals to navigate varying refund amounts and choose an advance option that suits their financial circumstances.
Q: What is the cost associated with a tax refund advance?
A: Tax Shield service distinguishes its fee structure for different advances. While Holiday Advances come with no charges, the Shield Advance involves specific bank fees. Tax preparers are committed to transparency, ensuring clients are fully informed about all associated fees and Shield Advance costs before processing their returns.
This upfront disclosure empowers clients to make informed decisions of each advance option and any related fees that may be incurred during the process.
Q: : Can a taxpayer refuse to take advances if not interested with the amount?
A: Absolutely. Tax clients are fully empowered to choose not to take any advances and instead patiently await the entirety of their tax return. Tax preparers strictly adhere to this choice, respecting the client's decision-making autonomy. No checks or advances are issued without explicit consent, underscoring the importance of client consent and ensuring a client-centric approach in the tax preparation process.
This client-focused policy emphasizes transparency and the safeguarding of individual choices in managing their financial affairs and plan accordingly.
248-955-2247
Service Hours
Monday - Friday: 10:00 AM - 7:00 PM
Saturday: 11:00 AM - 5:00 PM
Sunday: Closed
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