How do the new tax changes impact you? We'll let you know!

$2500 NOW with "Easy Advance"

Are you counting down the days until your refund money comes in? "Easy Advance" is your answer to get your dollars sooner. Click here for more information. Make an appointment here.

"Ask the Tax Lady" 
- Esther Gulyas 

NO QUESTION TOO SMALL OR PROBLEM TOO BIG!!
Are there impending tax situations that you need to plan for? Ask Esther, or any of her team for personal advice here.  Make an appointment here.

Here's the Scoop
On the New Tax Plan

The EG Tax staff not only knows the current tax code, but we understand the impact of the new tax code on your household. The new plan was signed into law December 22nd, 2017.  Click here and download our tax white paper to learn more. Make an appointment here.

EG Tax Services 

EG Tax is a full service tax preparation firm, having served over a million clients since 1990. Our number one priority has been and will always be putting the clients needs first! We strive to take the utmost care when it comes to listening to our clients needs, sorting out the details of the task at hand, and applying our tax expertise in order to achieve the most ethical, feasible, and accurate tax solutions for our clients at reasonable rates. With our corporate office open all year, there is always someone here to answer your questions.

Our Client Guarantee

We are so confident that the tax return we prepare is the most accurate and provides the lowest possible tax liability that we will refund you 110% of the fee paid to us if you have another firm amend your return due to an error we made in the tax law on your original return.

(Proof of payment is necessary on both original and amended return.)

"Easy Advance"

Are you counting down the days until your tax return refund comes in? Are you looking for an option to receive an advance on your refund? Let EG Tax assist you in getting a "yes" to both of these questions.

For qualified applicants, a taxpayer can typically get an "Easy Advance" within 24 hours of the tax refund. The "Easy Advance" may take additional time if direct deposit is selected based on the applicants financial institution.

A qualified "Easy Advance" applicant may qualify for a refund advance of up to $2500 based on the taxpayer's expected net refund after deduction of all fees.

Net Refund of $1,000 - $2,999 for a $1,000 Easy Advance amount.
Net Refund of $3,000 - $6,999 for a $1,500 Easy Advance amount.
Net Refund of $7,000 and up for a $2,500 Easy Advnace amount
If you choose An "Easy Advance" and have your tax preparation fees taken out of your refund, you may have your "Easy Advance" disbursed to a bank check printed in our office, direct deposit to your personal bank account, loaded to a NetSpend Visa Prepaid Card or Walmart Direct2Cash.

If you apply for an "Easy Advance" without your fees being deducted from you refund, your "Easy Advance" can be disbursed only by direct deposit or prepaid card.

"Easy Advance" will only be available from the start of the IRS filing season until the end of February. Make you appointment today at one of our locations to file your tax return and apply for an "Easy Advance"

Our powerful new and free Finance & Tax App has been developed by the team at EG Tax Service to give you key financial and tax information, tools, features and news at your fingertips, 24/7.

The EG Tax Service App is designed to be a helpful place to get critical information whenever you need it. As always, the team at EG Tax Service is on hand to provide professional, personal advice and guidance. The Finance & Tax App is packed with tools that our clients and future clients will love, such as: 

The App is available at the iPhone App Store. Click the icon for more information.

The App is available at the Android App Store. Click the icon for more information

FREE E-filing & Tax Prep Fees

At EG Tax, we want to save you money.  Therefore, we do not charge for the e-filing of any tax return. Add this to our low starting fees of $40 for tax preparation and you will be walking out the door with at least $100 more in your pocket than the average price of our national competition.

E-filing is the most secure and the fastest way for you to file your tax return.

You can generally expect to receive your refund in less than 10 - 21 days.

We do not charge for having your refunds directly deposited into your checking or savings accounts.
Your refund can also be split between two taxpayers if you are e-filing a joint return.

At EG Tax, our experts specialize in Taxes.

Listed below, you will find the returns that any of our offices can prepare for you.

United States Federal Individual Tax Return
Form 1040
Form 1040-A
Form 1040-EZ

United States Corporation Tax Return
1120-S
1120

United States Partnership Tax Return
Form 1065

United States Fiduciary Tax Return (Estates/Trusts)
Form 1041

United States Gift Tax Returns
Form 709

United States Estate Tax
Form 706

All 50 States Federal and Business Returns

FREE Tax Planning - Get A Better Tax Return Next Year!

Tax season never really ends for us. Your tax situation is an ongoing thing and that means you need to plan. Failing to plan could mean a tax bill to either the Federal or State governments next year. Here are some things to watch out for.

Changing jobs – Are you starting a new job and are looking for help filling out W-4 forms for withholding? EG Tax offers this service at no charge. Not filing this form correctly can result in a tax bill at the end of the year. Let us help.

Retirement – Whether you receive a monthly pension or just social security, you could owe money if you don’t have enough tax withheld. At EG Tax, we can help you plan ahead as you reach retirement age. And again, there is no charge for this service.

Getting Married – This is an exciting time in your life. Tax planning can save you money. Do either or both of you own a home? Are you both paying back student loans? Are either of you retired and receiving social security? At EG tax we will sit down with you at no charge and go over your tax future as husband and wife.

Having a Baby - If you had a baby during the year you may receive the Child Tax Credit and/or the Additional Child Tax Credit. If your baby went to day care you may qualify for the Dependent Care Credit for both the Federal and State returns.

Investments – The market is always changing, and when your investments make money you have to be prepared. EG tax can show you how your investments can change your tax return for 2016. At EG Tax we do not charge for this consultation.

Healthcare – We are currently helping individuals sign up for health insurance. Also, with the implementation of the Affordable Healthcare Act, there are many taxpayers that could be hit with a penalty or additional taxes.

At EG Tax you will notice that we provide a great deal of services all through the year. We are here to help you any way that we can. Should you need our assistance, please call our corporate office at
716-272-2000 to schedule an appointment today.

Where is my

Tax Refund?

What you will need before you call or go online for your refund status:

What you will need before you 
In order to get the status of your refund you will need to know the social security number the return was filed under, your filing status and the exact refund amount. Due to privacy regulations, we are not able to give you any information regarding your return over the phone. Please refer to the copy of your tax return for this information. You may call us to email you a filed copy of your return if we have your email on file.

If you are looking for the status of your Federal Tax Refund click the icon below or call
800-829-1040

NY State Refunds

If you are looking for the status of your NY State Tax Refund click the icon below or call
518-457-5149.

Should you have any questions regarding your tax refund please contact our office.

WHAT TO BRING FOR YOUR APPOINTMENT

Have you received a letter from the IRS or State agency?

If you receive a letter from either the IRS or your state, let us help you answer their request. We will work with you and the agency issuing the letter until it has been resolved.

Need Help Getting Your Tax Documents Together?
By filling out our Tax Organizer, you will be ready to go when you stop into our office. The tax organizer will explain what kind of documents we need to prepare your return as well as some information about you

Click here to download our Meeting Organizer. 

It's Time To Hire A Tax Professional

Just when you thought you could relax and enjoy the holidays our friends in Congress have decided to change the tax code. We could debate all day long about who will benefit and who won't benefit from the changes, but I have my money on one certain outcome. All WNY families and small businesses will be impacted by these changes. For this reason, now is the time to HIRE a Tax Professional.

If you don't already have a tax professional make an appointment to see one, you'll love the results and see the benefits.  A tax planner will be able to help you advantage the current tax law before it expires and position you to understand the impact of the changes proposed by Congress.

As the wise carpenter once said "Measure twice and Cut once" or as the wise tax professional has countlessly reminded you "Be prepared for change and NOT surprised by it".  

By David Mickey

Proposed Tax Law Changes


Esther’s thoughts: 

Here we are again hoping for congress to get their act together and pass something beneficial for the taxpayers. Health care reform has been anything but “repeal and replace”. I feel sorry for people who don’t have employer paid health insurance and the employer is against the wall themselves. It’s starting to feel like our elected officials are just doing “dog paddeling”, afraid to do anything bold that would be meaningful to the taxpayers. And then there’s the proposed tax reduction being touted by this same group….the only trouble is, there isn’t much in it for the middle class.

In order to know how these changes will effect you, you have to know how the law is presently written. Under current law, there is a standard deduction based upon filing status and personal and dependent exemptions. These two categories added together, reduce your income to be taxed down to “taxable income”. So, if you are married with 3 children, unless you itemize your deductions, you would subtract the standard deduction of $12,600 and the exemptions (2 personal plus 3 dependent=5 total) by $4050 or $20250, your deductions would be $32,850. This figure reduces your income down to taxable income. So, if your wages and other income sources totaled $62,580, you would reduce that by the $32,850 making your taxable income $30,000. Right now, that $30,000 would be taxed at 10% on the first $18650 and then 15% on the balance or $3567.

Now let’s look at what they are proposing. Elimination of the personal exemption of $4050 in exchange for a doubling of the standard deduction. So, the write off under this proposal for our couple with income of $62850 would move to $24000 and their taxable income would then be $38,850. You would then pay taxes of 12% on the entire amount or $4662 in federal taxes. This represents an INCREASE IN TAXES OF $1095. When dependent children are under age 17, the child tax credit further reduces the tax burden. Under the old law, this couple would receive a $3000 child tax credit meaning that their total tax bill would only be $567! The new law states that the child tax credit will be increased but no one has said how much. Let’s assume it moves to $1200 per child. In this case, the taxpayers would reduce their taxes by $3600 leaving them a net amount due to the IRS of $1062. Unless they increase the child tax credit to $1500, THERE IS NO TAX REDUCTION.

The simplification of moving to 3 tax brackets isn’t simplification at all. It’s just a shell game to mislead you. Worse yet, if you are someone with large medical, property taxes, state income taxes, employee business expenses, brokerage fees or suffered a casualty loss, all those write offs are GONE. They say it’s because the rich people take advantage of such items but the benefit for itemizing starts to phase out as your income moves closer to $260,000 MFJ. Quite frankly, the middle class gets the shaft.

Oh, but if you have a successful small business, your tax rate drops to 25% down from 39%. That is a meaningful 14% drop. Let’s assume your company has a net profit of $1,000,000. Then, your taxes drop by $140,000. Now that’s a tax break! Certainly, we want businesses to stay in the U.S. Certainly, we want to encourage growth in all businesses. Certainly, we want offshore income to come back to the U.S. But, if you are touting a tax cut for the middle class, then it OUGHT to be a tax cut not a flim flam slight of hand.

By Esther Gulyas - CEO / Founder of EG Tax Services

Ready Or Not It's Here

Whether we like it or not the end of the year is rapidly approaching. As a self employed person, one of my personal reminders is to organize all my receipts that I can deduct on my 2017 taxes. Even employees that have ordinary and necessary expenses which are not reimbursed by their employer will want to get organized.

EG Tax has just made this entire process less painful with the EG Tax App. Available today in the Apple or Android stores, you can download the App to your mobile device. For the rest of 2017 and more importantly 2018, you will be able to take pictures of your business receipts with your mobile device and store them electronically. Additionally, with the click of a button and the magic of GPS you can record business miles that you will be expensed on your tax return. Contact your local EG Tax representative for more details.

Here's the best part. The app is FREE and when you have your taxes done by EG Tax all that information you collect in the coming year will flow right into your tax return.

By David Mickey 

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Have a question? Want to make an appointment?  Have something you'd like to "Ask the Tax Lady", Esther Gulyas specifically? Just fill in the form below and we'll be right with you. Get directions to our office here.

EG Tax Privacy Policy

This privacy notice discloses the privacy practices for our company, authorized affiliates and usorganicleads.com. This privacy notice applies solely to information collected by this website. It will notify you of the following:

What personally identifiable information is collected from you through the website, how it is used and with whom it may be shared. What choices are available to you regarding the use of your data. The security procedures in place to protect the misuse of your information.

How you can correct any inaccuracies in the information. 
We are the sole owners of the information collected on this site. We only have access to/collect information that you voluntarily and "opt in" to give us via any online form this site has, email or other direct contact from you. We will not sell or rent this information to anyone without your authorized approval.

We will use your information to respond to you, regarding the reason you contacted us. We will not share your information with any third party outside of our organization, other than as necessary to fulfill your request, e.g. to ship an order.

Unless you ask us not to, we may contact you via email in the future to ask about your satisfaction as to the services that we supply, tell you about specials, new products or services, or changes to this privacy policy.

Your Access to and Control Over Information
You may opt out of any future contacts from us at any time. You can do the following at any time by contacting us via the email address or phone number given on our website:

See what data we have about you, if any.
Change/correct any data we have about you.
Have us delete any data we have about you.
Express any concern you have about our use of your data.

Security
We take precautions to protect your information. When you submit sensitive information via the website, your information is protected both online and offline.

Wherever we collect sensitive information (such as credit card data), that information is encrypted and transmitted to us in a secure way. You can verify this by looking for a lock icon in the address bar and looking for "https" at the beginning of the address of the Web page.

While we use encryption to protect sensitive information transmitted online, we also protect your information offline. Only employees who need the information to perform a specific job (for example, billing or customer service) are granted access to personally identifiable information. The computers/servers in which we store personally identifiable information are kept in a secure environment.

If you feel that we are not abiding by this privacy policy, you should contact us immediately via telephone at 716.272.2000 or via email.

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