General

Strother’s Bookkeeping and Tax Service, LLC.

  • Why should I hire a tax preparer?

    Very few people actually enjoy filing their own taxes. Even with the help of computer software programs, the risk of running into problems still exists. In addition, computer software programs are not formulated to take into account special circumstances or your unique financial portfolio. Not only are we prepared, trained, and licensed to take on complex tax issues, but we also offer personal and ethical tax services that can help our clients maximize their returns while minimizing the risk of unnecessary IRS involvement.

  • What are your office hours?

    We are open Monday through Friday from 8 am to 5 pm. During tax season, we are open Saturday from 8 am to 5 pm as well. We are also available by appointment after hours, if needed.

  • How long will it take to prepare my return?

    Typically most returns can be completed while you wait! We have a preparation and review process in place that makes sure that your return is complete and correct. The complexity of your return and the point in the tax filing season determines how quickly we can process your return.

  • How much will my return preparation cost?

    Our fees are based upon the complexity of your return. Since everyone’s tax return is different, it is difficult to quote a flat amount. Please call if you have more questions, or email hello@strothersbookkeeping.com

  • I am a new client. What information should I bring?

    Go to our Forms page and click on the Tax Organizer. This is a fillable pdf that gives us most of what we need to prepare your first return. Additionally, bring any supporting documents (W-2s, mortgage statements, 1099s, etc) with you – we will copy them and return the originals to you. Also, bring your completed return from the last two years. Looking them over may prompt some questions that help us prepare this year’s return properly. 


TAX

Tax Questions

  • How can I receive official IRS Tax Forms?

    The IRS provides two methods to receive official IRS Tax Forms. Call 1-800-TAX-FORM (1-800-829-3676) or click here to order Information Returns and Employer Returns online, and the IRS will mail you the forms and other products.

  • How do I request an extension of time to file my individual income tax return?

    If you require more time to file your return, submit an extension of time to file request, Form FR-127, on or before April 15. Any tax due must be paid in full with the request. Penalty and interest will be assessed on any tax outstanding from the time that the return is due until the tax is paid, even if an extension to file is granted. (There is no extension of time to pay.) A copy of the federal application for an extension of time to file is acceptable for requesting an extension of time for filing a return.

  • What is the Earned Income Tax Credit (EITC) and am I eligible?

    The Earned Income Tax Credit (EITC) is applicable to low-income workers who may or may not have a qualifying child, or children, living with them. If you can take the EITC, then it is subtracted from the tax owed. The credit can be refunded even if you don’t owe any tax. If you have a qualifying child and your earned income and adjusted gross income (AGI) are each less than:

    • $43,998 ($49,078 married filing jointly) with three or more qualifying children.
    • $40,964 ($46,044 married filing jointly) with two qualifying children.
    • $36,052 ($41,132 married filing jointly) with one qualifying child.
    • $13,660 ($18,740 married filing jointly) with no qualifying children.
  • How can I check the status of my refund?

    If you are receiving one of our refund options, you can check the status of your refund by calling 1-864-370-2169 or 1-877-285-2121. If you electronically filed your return, and did not choose one of our bank products, you can check your refund status on the IRS Website. Click here to access their Refund Status page.

  • Can I file my taxes without my W2 or 1099's? May I use my last paystub of the year?

    No. The IRS doesn’t allow us to use the final pay stub of the year, they require that we have the W-2. But if you have not received your W-2 by February 15th you are allowed to use a substitute form such as the pay stub.


BOOKKEEPING

Bookkeeping Questions

  • What is bookkeeping?

    To put it simply, bookkeeping is taking care and keeping track of money that flows in and out of your account(s). It can be as simple as making deposits and paying your bills. However, to be most effective, the money should be tracked, preferably in an electronic format, such as QuickBooks. This will give you the ability to know at any given moment and time whether you are making a profit or experiencing a loss. To take it a step further, dividing up your money into its respective type of income or expense can give you invaluable information. With this information at your disposal, you now have the ability to set up & maintain a budget, make tax time easier and basically know where your money is coming from and where it’s going to.

  • How does bookkeeping differ from accounting?

    We like to compare bookkeeping and accounting to the micro- and the macro-approach. Bookkeeping is the micro-approach where all of the little details are tracked throughout the year, which will eventually come to year-end totals. Accounting is the macro-approach where the totals from all of those details are taken and used for tasks such as completing your taxes.

    As bookkeepers, many times we serve as a medium between accountants and our clients. Our goal is to set up your account in such a way that’s easy for you to understand. However, on the flip side, we want to make sure that it’s set up to accommodate the needs of your accountant as well. A common complaint we hear is that the accountant does not always speak in layman’s terms when people work directly with them. While this is not the case with all accountants, why not work with someone who can bridge the gap and understand your needs, as well as the needs of your accountant?

  • Why should I outsource my bookkeeping?

    Thankfully, most people understand the general fundamentals of bookkeeping. Unfortunately, many people who think that they can do the bookkeeping don’t understand the fundamentals well enough.

    Bookkeeping principles are the same whether your company is large or small. Unfortunately, small businesses usually have limited funds to devote towards bookkeeping services. Many times, small businesses try to perform their own bookkeeping, thinking this will save them money. However, quite often the accountant has so many questions that the work has to be done over. Regrettably, the intended savings can end up costing the business owner not only more money but lost time as well.

    The other option is for you to have a professional who understands your needs, as well as the needs of your accountant, take care of your bookkeeping. Focus your time and energy on building your business and your profits; let us focus on your bookkeeping.

  • How much does your service cost?

    In general, our costs have proven to be less than our clients were paying for their accounting staff. Our fees are based on the volume and complexity of each client. We determine the scope of services and establish a fixed monthly amount so you can manage you budget.

    The cost of properly setting your books up and maintaining them is far more cost effective than having your CPA fix and correct them at year end. In addition, the benefits of having accurate and useful reporting during the year can assist in all aspects of running your business.

    We encourage you to take advantage of our free bookkeeping consultation and learn what the precise costs for your business would be.


  • I searched my area for a solid tax preparer. I was glad to find Strother’s Bookkeeping close to home.Alvin and his team were very detail oriented and knowledgeable. I feel very confident with his work  and professionalism. I will go back next tax season. Thanks!–Ronald

  • I absolutely love this place!!!! Me and my husband have been coming here for years. No one really likes tax season, but I look forward to coming and sharing laughs and catching up. I love their professionalism mixed with the family like feel.–Janet

  • I've found Strother’s Bookkeeping to be the perfect combination of cost, excellence, and reliability to date.I tell people that if they are looking for a bookkeeper that they can rely on then Strother’s Bookkeeping and Tax Service is the one. Keep up the great work guys!! And Thank you!–Sandra

  • Couldn’t make it every year without Alvin and the Strother’s Bookkeeping staff! They’ve been doing my business taxes for years and I’ll never go anywhere else!–Monroe