Top Rated Accountants in Woodstock, IL.

On average it takes 2 weeks to complete a standard tax return. This timeframe can change based on variables such as time of year, the complexity of your return, and if we have to prepare other returns such as trusts or businesses before preparing your personal return.

Want to speed this up? For the fastest processing time, we suggest dropping your return off before March to beat the crowd!

The average timeframe has historically been 1-3 weeks from the date of filing. If you're filing previous year returns, this timeframe could increase because the IRS has been prioritizing current year returns for processing.

For more info on refunds and to check the status of your return, check our Where's My Refund page.

Want to speed up this process? We recommend setting up direct deposit for all refunds to ensure the fastest refund possible. Requesting a mailed check can add a week to your wait time.

Our prices vary depending on how long it takes us to prepare your tax return, and the complexity of your return. For that reason, we can't tell you exactly how much your return will cost but Personal Tax Returns start at $300.

Since we charge based on time and complexity, the best way to lower your bill is to keep all your documents and information neatly organized. Here's a few things you can do:

• List any information not reported on a tax form neatly on a spreadsheet with a totaled amount for each category. (business activity, charitable donations, medical expenses, rental activity, etc.)
• Remove all documents from envelopes and assemble them together with a paper clip. Just try to keep things neat, it helps alot.
• Use a blank piece of paper to write your basic information such as legal name, email address, cell phone number, physical address, birthdate, and SSN.
• Most importanly, follow the Tax Prep Checklist. We update this list every year so you know exactly what information to bring.

If you understand tax laws, how the filing process works, and you feel comfortable, you can file it yourself. However, we recommend using a tax professional to ensure your return is filed properly and accurately so you don't unintentionally aquire fees or penalties. In addition, when using a tax professional you have the guarantee that comes with professional service. If the IRS were to audit your return, you wouldn't have to handle it alone. At AK & CO, we stand by our work and ensure our clients don't have to handle audits or notices alone. We walk you through every step of the process!

These are just a few of the reasons we suggest using a tax professional for your taxes. If you still have questions or want to get started toward filing your tax return, contact us.

We prepare Tax Returns for individuals, businesses, trusts, estates, non-profits, and just about anything you can think of. Here's a list of the Tax Return's we prepare:

• 1040
• 1041
• 1120
• 1065
• 990
• Amended Returns

We're excited to work with you! Here's what to do next to simplify your accounting:

• Whether you prefer in-person or remote, you can get started here.
• You can schedule an in-person appointment here.
• You can request an online account here.

We're here to answer them! You can reach out to us via email or phone. Click the plus icon in the bottom right corner or visit our Contact page