As the tax season enters your mind, you are probably wondering how new tax laws and rates will impact your tax liability for the year. If you live in Missoula, Montana then you are in luck, as there are many highly qualified tax preparers available to answer your questions and prepare your tax return for you. There are a few different options that you have available to help you with your tax preparation needs, and each option has its own advantages and disadvantages.
Tax Preparation Option Number One:
Internal Revenue Service – Taxpayer Assistance Center Missoula Branch
2681 Palmer Street
Missoula, Montana 59808
(406) 728-9127 phone number
Open Monday through Friday 8:30 a.m. to 4:30 p.m., and closed during the lunch hour of 11:30 a.m. to 12:30 p.m.
If you are having trouble completing your own individual tax return and need FREE help, then you should stop by the IRS’s Taxpayer Assistance Center on Palmer Street. Here you can get help with tax laws, filling out tax forms, making arrangements for tax payments and setting up payment plans, and you can even get help filling out and filing your individual tax return (if you qualify for the Earned Income Credit and make less than $36,000). In addition to these services the IRS Taxpayer Assistance Center can also help you fill out and file your Heavy Vehicle Use Tax Return. You don’t need to make an appointment for help on your tax return, or to get specific questions answered, however, you will need to make an appointment if you will be needing help filling out and filing your income tax return, or Heavy Vehicle Use Tax Return. You should keep in mind that this office gets busier the closer to the April 15th deadline you are, so plan ahead, and if you know you will need help, try to visit the office early in the tax season.
Tax Preparation Option Number Two:
H & R Block
Missoula, Montana 59801
Hours of operation will vary depending on the time of the year that you call. For the current schedule call the H&R Block office directly.
If you have a limited budget and need help filling out and filing your income tax return then H&R Block is a great option. This company has been in Missoula for decades, and has a great track record for preparing accurate tax returns. H&R Block has several advantages. First you can pay for your tax preparation services out of your refund. Secondly, you can e-file your tax return here, which will allow you to get your refund check (if you are due one) in about two weeks as opposed to the standard 6 weeks. Also, if you need your refund money ASAP, then you can apply for a Refund Anticipation Loan and get your money in as little as 24 hours. The final advantage of this tax preparation service is that they guarantee their work. If they make a mistake then they will pay the IRS penalties and refund your money. The disadvantages of this service is that their employees are not guaranteed to be a CPA, nor do they guarantee that their staff has any college coursework in accounting of financial management. Their staff is trained in tax preparation, however, they probably won’t be experts. As a result of this, they may have troubles filing a complex tax return that requires advanced knowledge of tax laws and filing requirements. However, for the average taxpayer, this service is perfectly fine. The final drawback to this service is that they charge fees for their Refund Anticipation Loans, e-filing, and general tax services. There has been some debate as to whether the fees charged for the Refund Anticipation Loans and e-filing are higher than what is fair. You may want to shop around and compare prices for these services at other locations to make sure that you are getting the best prices for what you need.
Tax Preparation Option Number Three:
Ronald Paul Foltz, CPA
120 West Main, 3rd Floor
PO Box 4605
Missoula, Montana 59802
(406) 728-8130 phone number
Hours of operation Monday through Friday 8:00 a.m. to 5:00 p.m. Call to schedule an appointment.
The final option for tax preparation is to seek the services of a CPA (certified public accountant). One of the best tax preparers in Missoula, Montana is Ronald Paul Foltz, CPA. He offers tax preparation for individuals, sole proprietorships, partnerships, corporations, and not-for-profit organizations.
Mr. Foltz’s tax preparation service has many advantages. First of all you are getting the benefits of decades of tax preparation services, professional training, and a high quality accounting education that Mr. Foltz has earned through his long career as an accountant. In addition to an impressive resume, Mr. Foltz also offers his clients year-round tax advice. You can call him any time during the year to ask him a question about how you should handle your tax liability, whether it is in regards to withholding amounts, tax deposits, or unexpected earnings or losses. You won’t get that kind of service with H&R Block, as they are not open during most of the year. Also, Mr. Foltz will send you a tax planning guide at the end of the year to help you organize your tax information before you bring it in. Again this is a unique service that he offers his clients. You will also receive a tax folder with your personal copy of your tax return, a copy for the federal government, and a copy for the state department of revenue. Mr. Foltz is also able to handle multi-state tax returns, for part-time residents of Montana.
The disadvantage of going to any CPA office as opposed to the IRS or H&R Block, is that the fees will be higher. For pricing information or to schedule an appointment call Mr. Foltz’s office directly