Below the Minimum Amount to File Taxes? Filing May Still Pay

The 2007 filing year also offers unique opportunities to those who otherwise might not need to (or want) to file at all. The Economic Stimulus Payment is only available to taxpayers who file a federal income tax return - even if the income on the return was below the necessary minimum amount to file taxes. Otherwise, you will not be in consideration for this government "rebate check." And regardless of the Economic Stimulus Payment, oftentimes those below the minimum amount to file taxes get money back by doing so.

We highly recommend that you contact us to ensure that you take advantage of these 2007 tax opportunities and operate in 2008 with a tax plan of action that maximizes future returns.

Franklin Tax Service: Answering Questions, Providing Confidence

We understand that many people find the current tax code intimidating and overly complicated, and questions and problems constantly arise.

What is the minimum amount to file taxes? I just got married, so what happens now? I've spent a lifetime working for corporations, but now I'm filing as self-employed. What do I expense and how do I maximize my return?

That's why our Franklin Tax Service Enrolled Agents make every effort to inform and educate our clients while going through the tax filing process. It's important to us that you are comfortable, confident and "in the loop" with the status of your return - and understand all the choices that are jointly being made to provide you with the most advantageous result.

Our San Francisco Bay Area and Boston offices have agents on-hand to handle IRS, California Franchise Tax Board and Massachusetts Department of Revenue representation and problem resolution. They are also here to help with the basic-but-bothersome questions fundamental to a proper and favorable tax return.