Frequently Asked

Questions

Here are some frequently asked questions that we
commonly encounter with clients.

Individuals

FAQ

You can check the status of your refund here: MassTaxConnect.

No. You can only claim charitable donations by itemizing your deductions.

Use Form 8822 (.pdf), Change of Address or Form 8822-B (.pdf), Change of Address or Responsible Party – Business.

To claim your child as your dependent, your child must meet the qualifying child test or the qualifying relative test.

A split refund lets you divide your refund, in any proportion you want, and direct deposit the funds into up to three different accounts with U.S. financial institutions. Use Form 8888 (.pdf), Allocation of Refund, to request to have your refund split.

You have until April 15 of the next year to file your state and federal taxes for the current year.

The IRS rejected your tax due to the 1095A form?

Form 1095-A provides information on the amount of advanced premium tax credit that was paid during the year towards your health plan to reduce your monthly amount paid and now these amounts need to be reported to the IRS.

This form can be under your name, your spouse’s name or even under your parents’ name.
You need to call the HealthConnector and ask them to send you the form. (877) 623-6765 or you can try to get it online which is faster. For instructions go to https://www.markhamandcompany.com/1095-a/

For instructions of how to pay your taxes online or by check, please download our PDF tutorial online.

Portuguese: [Download PDF]
English: [Download PDF]
Spanish:  [Download PDF]

Business

FAQ

You can check the status of your refund from the IRS official website.

To file for an extension, you need to use the Form 4868. You can easily download and print a copy here from the IRS official website.

Please wait 72 hours after your return has been accepted by the IRS. If you filed on paper, please allow 3 to 4 weeks before checking on the status of your refund. Visit the Where’s My Refund Tool.

Normally, 50% of the cost of a meal is deductible when you are traveling away from home overnight for business. Meals that are considered business related entertainment are also 50% deductible. Be aware that there is additional substantiation required for business related entertainment.

Expenses that are “ordinary and necessary” to entertain a customer, client or employee are deductible if certain tests are met. The expense must be either directly related to business, the main purpose of the entertainment was to conduct business and business was conducted, or the entertainment was directly before or after a considerable business discussion.

An employer reimbursement for expense is not reportable as income so long as you give your employer the receipts and a detailed accounting of the expense. You must also return any advance money that was not used.

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