Financial Tax Preparation Business Continues to Financially Empower Hispanic Families During Uncertain Times
ATAX, a year-round income tax preparation business serving the individual tax payer and business owner, remains open as an essential business operation amidst COVID-19 developments. ATAX continues to provide services and advice to the Hispanic community, encouraging those who have yet to file to e-file through ATAX Live.
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ATAX offers 24/7 tax support through its online tax filing service, ATAX Live, which allows the taxpayer to prepare taxes online, and walk through the documents via video chat with a professional prior to submitting. ATAX Live can be downloaded in the app store, and allows the taxpayer to follow their refund status in real time. Additionally, select ATAX locations will remain open for those looking to meet with a preparer face-to-face, but all open locations are following their statewide restrictions as it pertains to large gatherings, often being no larger than 10 people.
“We are a community, not just another chain here to file your taxes – therefore, we will continue to advise those who seek out our help in a safe and responsible manner,” said ATAX President and Founder, Rafael Alvarez. “We are in existence to educate our Hispanic community on financial proceedings that may impact their personal or professional lives, and with the economy changing minute by minute, we need to make ourselves available to answer and act on their questions.”
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All taxpayers will have an additional 90 days to file their taxes and make payments without interest or penalties. The additional three months were granted due to the uncertainty of COVID-19, but tax preparers see benefits in filing early, if the individual or business is financially able. A majority of Americans receive tax refunds, and if processed, the return could offer financial padding resulting in taxpayer peace of mind amid the uncertainty. According to the IRS, as of early April, over 97 million tax returns have been received, and of those, 93.5 million have already been processed. The average amount of time it takes to issue a tax refund is 21 days.
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