Professional Tax Services & The Diamond QUALITY Standards
Get more by choosing InWorks
Established in 2009 with a combined two decades of industry related experience, InWorks Tax Services is the fastest growing tax services company in the South Texas area.
Comprised of a team of over 100 qualified professionals including, Enrolled Agents, Certified Tax Prepares and Supervised Tax Prepares, who are educated and continually informed on the changes of Internal Revenue Tax Laws to best serve your tax needs.
Expanding and available to serve clients across the nation, our elite prepares are dedicated to preparing business, federal, state, and local income tax returns to your complete satisfaction year round. Our mission is to understand your current tax situation, work with you to help you reach your goals and provide support to create an improved future tax situation.
InWorks Tax Services makes every effort to enhance your overall tax experience by delivering quality, professional service with the highest standard of integrity. We ask precise questions during your consultation, relentlessly focusing on making sure you profit from every deduction and credit available, providing you with the service and attention you deserve to get you the biggest refund or lowest liability possible.
We strive to provide personal convenience and build lasting relationships with each of our clients, making you much more than just another transaction.
InWorks Tax Services is a registered business with the State of Texas and IRS E-File certified.
Your Tax Rights!
Its okay to disagree about your past tax situation. Here at InWorks we can usually amend your past returns depending on your circumstance. If you are not sure, just ask, this could save you hundreds even thousands of dollars.
The IRS has an appeals system for people who do not agree with the results of an examination of their tax returns or with other adjustments to their tax liability.
The IRS will send you a report and/or letter that explain the proposed adjustments. The letter also tells you of your right to request a conference with an Appeals officer, as well as how to make your request for a conference. In addition to examinations, many other things can be appealed such as penalties, interest, trust fund recovery penalties, and offers in compromise, liens, and levies. If you request an Appeals conference, be prepared with records and documentation to support your position.
Appeals conferences are informal meetings. You may represent yourself or have an attorney, accountant, or an individual enrolled to practice before the IRS, represent you. If you do not reach agreement with the Appeals or Settlement Officer, or you do not wish to appeal within the IRS, you may appeal certain actions through the courts.
For further information on the appeals process and information on how to stop interest from accruing on any anticipated liability, refer to irs.gov website and look for. Your Appeal Rights and How To Prepare A Protest If You Don’t Agree, and Publication 556, Examination of Returns, Appeal Rights and Claims for Refund. You can also refer to Publication 1660 , Collection Appeal Rights, which discusses how you can appeal collection actions and Publication 3605, Fast Track Mediation–A Process for Prompt Resolution of Tax Issues.
From Simple To Complex
TAX PREPARATION & PLANNING
Whether you have an easy tax situation or a difficult one, InWorks Tax Services is here to assist you with your specific needs.
Amended Returns
We can fix it! Did you notice an error on a prior year’s return or you received a form that was overlooked? We can review the situation and make the necessary adjustments or corrections.
Mobile Tax Prepares
Prior Year Review
Year Round Services
Audit Services
Representation Services
ITIN Assistance
State and Federal Returns
We offer easy State and Federal tax filing preparation services –
- quick, simple, and guaranteed.
Stay up to date, latest tax news related to Covid-19
Coronavirus Stimulus Package: What You Need to Know
I received a stimulus check. Do I need to pay taxes on it?
Economic impact payments (EIP) – commonly referred to as stimulus payments – were issued to most taxpayers by the IRS starting in April 2020. These payments are not taxable and should not be reported as income. IRS Notice 1444 identifies the amount of the payment you were issued and the method by which that payment was made. The notice was sent to your last address on file in IRS records within 15 days of payment issuance.
If the taxpayer is just now filing their 2018 and 2019 tax returns, will they get their stimulus payment?
Yes, the IRS will issue stimulus payments on returns filed now.
What’s Next
Additional information on state and federal responses to the Coronavirus pandemic can be found on the IRS’ Coronavirus Tax Relief page. The IRS is processing tax returns and providing refunds to Americans in the same time frame as always. As taxpayers lose jobs and work limited hours from home during this crisis, additional funding is as critical as it has ever been. Book an appointment today and get your maximum refund as quickly as possible.
How Unemployment Can Affect Your Tax Return...
If you’ve received unemployment benefits, they are generally taxable. Most states do not withhold taxes from unemployment benefits voluntarily, but you can request they withhold taxes. Make sure you include the full amount of benefits received, and any withholding's, on your tax return.
Other factors you’ll need to consider:
- Unemployment benefits are taxable.
- Total income is generally lower when you are collecting unemployment so you may qualify for the Earned Income Tax Credit (EITC) or a higher childcare credit, and you may even be eligible for the Additional Child Tax Credit.
- Generally, states don’t withhold taxes on unemployment benefits unless asked.
- However, if you qualify for EITC, or the child tax credits, your taxes could be covered.
- If you are still unemployed come 2021 tax time, you can set up a payment plan with the IRS or work out other delayed payment options. Beware: The IRS continues to assess penalties and interest on any unpaid amounts of taxes.
Do I have to claim my severance pay on my tax return if I already paid taxes?
- Severance pay is a lump-sum payment received from a company when you are terminated due to job closings, company reductions, or even company closures. The money is based on time in service and job performance so it is taxable as wages. The total you receive will have the usually Social Security and Medicare taxes withheld and will have taxes withheld and be included on your W-2.
I lost my health insurance when I lost my job, do I have to pay a penalty?
- The penalty for not having health insurance is $0 for all taxpayers.
