Tuesday, November 8, 2005

Call-In Professional Tax Preparation Services Offered By Legacy Tax & Financial Services – The Alternative For Taxpayers Who Previously Used The TeleFiler System

Call-In Professional Tax Preparation Services Offered By Legacy Tax & Financial Services – The Alternative For Taxpayers Who Previously Used The TeleFiler System

Legacy Tax & Financial Services announces professional tax preparation services without leaving the comforts of your own home or office, and without going online, buying or downloading software with a convenient call-in professional tax preparation service.

Los Angeles, CA (PRWEB) January 27, 2006

About 3 million taxpayers who previously used the TeleFile system will be forced to look for other alternatives. Since August 15, 2005 the IRS TeleFile system has been discontinued — the TeleFile system allowed taxpayers to use a telephone to file basic tax returns and extensions — because of declining use and the growth of other electronic filing alternatives, such as Free File, the IRS decided to discontinue the service. Legacy Tax & Financial Services a Los Angeles based tax preparation firm is positioning itself as another alternative through their call-in tax preparation service. Legacy Tax & Financial Services principal Timothy J. Lozott points out that even though Free File will allow many taxpayers to file their taxes for free, a taxpayer may still be subject to a fee depending on which Free File partner they select and if they don’t meet certain criteria. In addition, if a taxpayer utilizes the Free File option their return is considered self-prepared.

TeleFilers who are accustomed to the convenience of entering information over the telephone after having self-prepared their tax return should find the service offered by Legacy Tax & Financial Services as a welcome alternative. Previous TeleFile users will notice two major difference though when they who use Legacy Tax & Financial Services call-in tax preparation feature, 1) they will actually be able to speak to a live tax preparer who will prepare and file their taxes for them, and 2) having a live person prepare and file their taxes their taxes won’t be considered self-prepare. This is important because there are several advantages to having your tax return professionally prepared. Studies show that people who have their returns prepared by a professional pay less in taxes. A professional is trained in tax preparation, and some States require a tax preparer to go through certain qualifying education and be bonded. A customer of Legacy Tax & Financial Services can have access to a tax professional year round to answer their tax related questions, or advice when their circumstances are changing such as buying a new house, getting or changing to a new job, whether to purchase or lease a car, obtaining a home equity loan, and more without paying anything extra. And, the majority of taxpayers have their taxes professionally prepared even the IRS indicates that about 60 percent of all taxes filed are prepared by a professional.

The Legacy Tax & Financial Services call-in tax preparation service is easy to use. First, taxpayers gather their tax documents and call a toll-free number and speak to a live tax preparer. Next, the tax preparer may ask some additional clarifying information. Once the tax preparer has completed the tax return, it will be double checked for errors and formatted for e-file submission. At this time the tax preparer may also discuss some tax advantages that the taxpayer may also be eligible for. Then, the tax preparer will email, fax, or mail a form(s) that must be signed by the taxpayer and sent to the tax preparer office. Finally, when the tax preparer receives the signed form(s) the return will be submitted to the IRS and State if applicable. The taxpayer will have several options on how they and when would like to receive their refund, which the tax preparer will discuss while preparing the tax return. The call-in toll-free number to have taxes professionally prepared by Legacy Tax & Financial Services is (888) 829-1580.

About Legacy Tax & Financial Services:

Legacy Tax & Financial Services is a Los Angeles based professional tax preparation firm for individuals, corporations, and partnerships founded by Timothy J. Lozott, C. R.T. P a registered, and bonded tax preparer with over 10 years experience in tax preparation. Mr. Lozott began his career specializing in tax preparation in 1996 when he initially received training from the IRS to work as a volunteer tax preparer under the VITA program, since then he has successfully launched three professional tax preparation businesses. Mr. Lozott was professionally educated at National University graduating Cum Laude with a Bachelors of Business Administration degree and Concentration in Accounting. Since 1996 Mr. Lozott has continued his education every year specializing in tax. Legacy Tax & Financial Services is approved by HSBC Taxpayer Financial Services to offer Refund Anticipation Loan, Refund Anticipation Check, and Refund Transfer Processing. Legacy Tax & Financial Services is an IRS Authorized E-File Provider, and an Authorized California E-File Provider. Legacy Tax & Financial Services offers the only four-point guarantee in the industry 1) Personal Attention 2) Value 3) 100% Accuracy 4) Satisfaction. In addition, Legacy Tax & Financial Services offers low cost home mortgage loan origination for borrowers who don’t like to pay loan origination fees.

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