East Texans look to tax preparers to work on tax forms

By Donna McCollum - bio | email

NACOGDOCHES, TX (KTRE) - By now most working taxpayers have their W-2 forms. Next step is to get to work on the tax forms, or leave that figuring for someone else.

Money back in 24-48 hours isn't a guarantee this year. The economy is causing some banks to wait longer to disperse IRS refunds.

"Twenty-four to 48 hours is just a loan, so they're not really required to give it to them in that time. They are required to have it to them in eight to 15 days," said tax preparer Franchesca Gibson.

Free tax help programs are starting up, too. SFA's accounting honor organization Beta Alpha Psi began its Friday and Saturday tax help today. Assistance will be offered on a first come first save basis thru April 10.

"We do anything that has W2s, 1099s, or 1098s, so basic returns, but there is also a cap on the income. It's $40,000," said Beta Alpha Psi tax preparer Nicole Brantley.

AARP volunteers are offering free tax help to lower income senior adults. The only thing they ask from customers is to be organized.

"Don't bring a box in with all of these papers. If it's organized they will move along faster because we can only do about 20 a day," said Lillie Kee, an AARP tax preparer.

Taxpayers should take note of several tax credits, including those for the purchase of a home, vehicle and energy efficient items.

Financial advisers say it's important to read your entire tax form before signing it.

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