Frequently Asked Questions FAQ
Who must file?
Generally, income, filing status, & age determine who must file a tax return. For example, for tax year 2022, if you are under 65 and single, you must file if your income was at least $12,950; married under 65, $25,900. Other rules apply if you were self-employed or if you are a dependent of another person. There are also other instances when a taxpayer must file. Click here for more information.
What are my options for payment of my tax prep fees?
We accept cash, check, credit or debit card, or you can have the fees withheld from your refund (additional fees apply).
What are Enrolled Agents?
Enrolled Agents (EA) are federally-authorized tax practitioners who have technical expertise in the field of taxation and who are empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the Internal Revenue Service for audits, collections, and appeals.
How can our Enrolled Agent help you?
Our Enrolled Agent at The Iola Tax Place, Mary Olson, can advise, represent, and prepare tax returns for individuals, partnerships, corporations, estates, trusts, and any entities with tax-reporting requirements. The Enrolled Agents expertise in the continually changing field of taxation enables them to effectively represent taxpayers audited by the IRS. She is enthusiastic about responding to your various needs and strives to bring that enthusiasm to every engagement. Please don’t hesitate to contact her!
Where is my refund?
You can find the status of your refund once a day at: https://www.irs.gov/wheres-my-refund
What will I get if I retire?
Need to know what you will get if you retire? Need information about Social Security Disability? Medicare? Go to: https://ssa.gov/
Who must file?
Generally, income, filing status, & age determine who must file a tax return. For example, for tax year 2022, if you are under 65 and single, you must file if your income was at least $12,950; married under 65, $25,900. Other rules apply if you were self-employed or if you are a dependent of another person. There are also other instances when a taxpayer must file. Click here for more information.
What are my options for payment of my tax prep fees?
We accept cash, check, credit or debit card, or you can have the fees withheld from your refund (additional fees apply).
What are Enrolled Agents?
Enrolled Agents (EA) are federally-authorized tax practitioners who have technical expertise in the field of taxation and who are empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the Internal Revenue Service for audits, collections, and appeals.
How can our Enrolled Agent help you?
Our Enrolled Agent at The Iola Tax Place, Mary Olson, can advise, represent, and prepare tax returns for individuals, partnerships, corporations, estates, trusts, and any entities with tax-reporting requirements. The Enrolled Agents expertise in the continually changing field of taxation enables them to effectively represent taxpayers audited by the IRS. She is enthusiastic about responding to your various needs and strives to bring that enthusiasm to every engagement. Please don’t hesitate to contact her!
Where is my refund?
You can find the status of your refund once a day at: https://www.irs.gov/wheres-my-refund
What will I get if I retire?
Need to know what you will get if you retire? Need information about Social Security Disability? Medicare? Go to: https://ssa.gov/
