Tax Season & Banking
Tax season can be a stressful time for many people, but with the right support and resources, it doesn’t have to be. One of the most important things to consider during tax season is partnering with a bank that is there when you need them. With 24/7 banking solutions and a live customer care center phone line, Partners Bank provides the answers you need, on your time, so you never miss out on achieving your financial goals.
Partners Bank has a live person available during business hours who can work with you to answer any questions you may have. Included here is a Q&A of some of the most common questions we get during tax season.
When is the deadline to submit my taxes?
The deadline to submit your taxes varies depending on the type of tax return you’re filing and your individual circumstances. Typically, the deadline to file federal income taxes is April 15th, though this can be extended in certain situations. It’s important to keep in mind that state and local taxes may have different deadlines, so be sure to check with your local tax authority to confirm when your tax return is due.
At Partners Bank, we understand how important it is to meet tax deadlines and avoid costly penalties and fees. That’s why we offer a range of resources and support to help you stay on track, like 24/7 access to your banking information via online and mobile banking solutions, along with a direct line to our customer care center where you can speak to one of our knowledgable team members regarding all your financial questions.
What do I need from my bank for tax season?
Your bank can be a valuable resource during tax season, providing you with the information and resources you need to file your taxes accurately and efficiently. Some of the things you may need from your bank during tax season include; copies of your account statements and transaction history to help you track your income and expenses. Along with information about interest earned on your accounts, which will be reported on your tax return
At Partners Bank, our knowledgeable team of professionals is always available to answer your questions and provide you with the guidance and support you need to make the most of tax season.
What is the benefit of paying for tax preparation services?
Paying for professional tax preparation services can be a smart investment for many people, especially those with complex tax situations, limited experience filing tax returns, or even busy schedules! Some of the benefits of paying for tax preparation services include:
● Ensuring that your tax return is accurate and complete, reducing the risk of errors and potential penalties.
● Maximizing your deductions and credits, potentially lowering your tax bill, and increasing your refund.
● Saving time and reducing stress, as you won’t need to spend hours poring over tax forms and trying to figure out complex tax rules and regulations.
Experienced tax professionals can help you identify opportunities to save money on your taxes and ensure that your tax return is accurate and complete. Partners Bank works with you and your tax professional to offer a range of resources and tools so you can stay organized and on track throughout the tax filing process.
In conclusion, tax season can be a daunting time, but with the right partner, it doesn’t have to be. At Partners Bank, we’re committed to providing you with the support and resources you need to navigate tax season with confidence and help you achieve your financial goals.