Foxx & Coleman LLC

So we received an inquiry from a non-tax client for this year she heard about our services after she had already filed her return. Her question was if she refers an individual or a business will she receive our discount and e-gift card.

Answer! Absolutely a lot of people hear about our services after they have already completed their return and since you can’t double-file they onboard with us the following year.

Great question!

Foxx & Coleman LLC
FoxxandColeman.com
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Can I receive a tax refund if I am currently making payments under an installment agreement or payment plan for another federal tax period?

Answer:
No, one of the conditions of your installment agreement is that the IRS will automatically apply any refund (or overpayment) due to you against taxes you owe. Because your refund isn't applied toward your regular monthly payment, continue making your installment agreement payments as scheduled.
If your refund exceeds your total balance due on all outstanding tax liabilities including accruals, you'll receive a refund of the excess unless you owe certain other past-due amounts, such as state income tax, child support, a student loan, or other federal nontax obligations which are offset against any refund. For more information on these non-IRS refund offsets, you can call the Bureau of the Fiscal Service (BFS) at 800-304-3107 (toll-free).
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FoxxandColeman.com

What should I do if I made a mistake on my federal return that I've already filed?
Answer:
It depends on the type of mistake you made:
• Many mathematical errors are caught during the processing of the tax return and corrected by the IRS, so you may not need to correct these mistakes.
• If you didn't claim the correct filing status or you need to change your income, deductions, or credits, you should file an amended or corrected return using Form 1040-X, Amended U.S. Individual Income Tax Return.
When filing an amended or corrected return:
• Include copies of any forms and/or schedules that you're changing or didn't include with your original return.
• To avoid delays, file Form 1040-X only after you've filed your original return. Generally, for a credit or refund, you must file Form 1040-X within 3 years after the date you timely filed your original return or within 2 years after the date, you paid the tax, whichever is later.
• Allow the IRS up to 16 weeks to process the amended return.
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Foxx & Coleman LLC