Tax refunds for the self-employed or former self-employed
Despite the popular opinion that claims that the self-employed do not deserve tax refunds because they are required to submit an annual report every year and receive everything they deserve through the tax official, the true data of the Finco company proves otherwise.
According to the data, more than 10% of the refunds received by our clients with our assistance, are for the reports that have already been submitted in the past by the independent clients, or must submit an annual report by virtue of the law.
Important Information!
Why did this happen?
Mainly due to the fact that tax consultants and accountants submit reports that are more focused on the issues of the business. While at Finco we combine alongside tax advisors, experts who specialize in business issues including issues of tax refunds.
For example:
When the taxpayer experiences an event outside the business such as withdrawal of pension funds or special family credits (studies, placement committee, children’s disability, payment of alimony, or events related to the taxpayer’s employed spouse). All of these often do not come in full in the single annual report of the business.
How It Works?
- First of all – we always recommend checking.
- The IRS allows us to be secondary representatives in order not to interfere with the work of the chief accountant, and he didn’t even know about it.
- We will check the assessments submitted by you or your tax advisor and see where we can make corrections.
