The dust is truly beginning to settle around here at Louisville Tax Planning and Preparation Central after our very busy TY2013 tax season (ok, maybe that’s just pollen).

Regardless, here at Team Kevin Roberts we’re beginning the process of serving you during the “off season” (there are many new things coming, including integration with health insurance regulations, about which more to come in subsequent months), and we’re evaluating how things went.

To that end, I’ve got ONE BIG FAVOR TO ASK:

(If you haven’t already done so) Would you take three minutes, right now, to jot me a quick email about your experience with me and my Louisville tax preparation staff? It really helps us to evaluate our season. Plus, it’s helpful feedback for new and potential clients. I’ve found that I can “promise the moon” with a potential client, but they really want to hear from somebody like YOU.

Moving on, I have to point out: TODAY, as I write on Monday the 21st, is our “Tax Freedom Day” — that’s the date pegged as the date when you’ve finally worked enough days to pay off your taxes. The rest of the year is your “take home” pay. 🙁

The date varies year to year (this year it is three days later than last), and more information is here:

The calculating organization is the Tax Foundation, a non-partisan educational organization dedicated to informing US — the taxpayers — about the burdens of our tax liabilities, and according to the Foundation, here’s a fun little fact: Americans paid more taxes than they did on food, clothing and shelter combined.

Which, of course, is why I and my Louisville tax preparation staff are here: keeping your tax bill as low as legally and ethically possible.

But we also deal with lots of questions this time of year related to a variety of “post-preparation” issues, so I thought I’d address many of them in one swell foop. Which is not at all to say that we won’t answer YOUR questions. Here’s our number if you’d like to contact us that way: (502) 426-0000

Louisville Tax Preparation Firm Explains What To Do After Your Return Is Filed
“Success is simple. Do what’s right, the right way, at the right time.” – Arnold Glascow

Whether you used us or not, the monkey is now off your back and your return is filed (hoepfully!). At least, of course, if you didn’t file for an extension.

It does feel nice, even if more money was owed than you would like … because it *is* completed, after all.

But that doesn’t mean you may not still have questions. Here are some common ones we get this week here in Louisville …

1. “When will I get my refund?”

Well, the IRS does seem to have entered the 21st century.

If you had us “e-file” your return, you can check your status right now, or if you had us mail a paper return, after about 3 to 4 weeks.

When you’re checking with the following options, make sure you have a copy of your tax return on hand or know your “filing status”, SSN and the exact dollar amount of the anticipated refund.

• Online: Go to and click on Where’s My Refund.
[or go right to: ]
• Automated Phone: Call 1-800-829-4477 24 hours a day, 7 days a week for automated refund information.
• In-Person Phone: Call 1-800-829-1954 during the hours shown in your IRS form instructions. [Of course, the hold time for the IRS is … somewhat of an issue]

2. “Do I need to keep a copy of my return?”
Yes, for a *minimum* of three years, but I recommend forever for Roberts clients. There’s all kinds of contexts where it’s useful. We do keep one on file, on your behalf, but it’s just smart and safe for you to keep one in a secure place at home. (I’ve already written about Amended Returns, and you need a copy for that process, of course.)

As for the supporting documents from your return, anything that relates to a home purchase or sale, stock transactions, retirement, business or rental property, should be kept much longer than the three years.

3. “I think there’s a mistake in my return. What should I do?”
Sometimes, you’ll find a receipt or a documentation after April 15th which really would have changed your prior year tax return. That’s, again, when you would have us file an “Amended Return”. Here are some other, common reasons to Amend…

• You neglected to report some income earned.
• You claimed deductions or credits you should not have claimed.
• You did not claim deductions or credits you could have claimed.
• You filed under one filing status, but you should have filed under another.

You might have other questions, which I haven’t addressed here. Let me know!

(And don’t forget to write me a quick note about your experience with us this year! THANK YOU!)

To more of your money in your wallet!

Kevin Roberts
(502) 426-0000