Amendment Tax Preparation in Houston, TX - Molen & Associates

Stay Ahead of Law Changes & Protect Yourself Against Being Audited: Corporate Transparency Act and Reasonable Compensation

Amendment Tax Preparation in Houston, TX

Molen & Associates are the experts when it comes to tax preparation in Houston, Texas. We have over 40 years of experience and are passionate about getting our clients the best results possible.

Whether you need to fix your tax return from last year or file an amendment for your current return, we can help. We understand the process and will work with you to ensure that everything is done correctly and in a timely manner.

Why You Might Need to Amend Your Tax Return

There are a few reasons why you might need to amend your tax return. The most common reason is that you forgot to include something on your original return. This could be anything from a W-2 form to interest earned on a savings account.

If you discover that you made a mistake on your return after you have already filed it, don’t panic! You can fix it by filing an amended return. An amended return is simply a new return that includes the corrected information.

Another reason you might need to amend your tax return is if you receive additional income after you have already filed your return. This could be in the form of a bonus from work or some other type of windfall. If you receive additional income, you will need to report it and may end up owing more taxes. However, if you have already paid more taxes than you owe, you will be due a refund.

What is the best way to amend my income tax return?

While you can file an amendment yourself, this process can often be complex and time-consuming, so it is important to work with an experienced professional who can help ensure that all necessary steps are taken accurately and efficiently. With the right guidance and support, amending your income tax return can be a smooth and successful experience.

How to Amend Your Tax Return in Houston, Texas

If you need to amend your tax return, the first step is to contact Molen & Associates. We will sit down with you and review your original return to determine what needs to be changed. Once we have all of the necessary information, we will prepare the amended return for you and file it with the IRS.

Can I electronically file my amended income tax return?

There is no set answer to whether you can electronically file an amended income tax return. Generally speaking, the rules and regulations around filing amended returns can vary somewhat depending on factors such as your individual circumstances and the type of amendment you are making. In some cases, it may be possible to e-file an amended return, while in other situations you may need to submit your amended return through traditional means like paper filing.

If you are unsure about whether you can e-file an amended tax return for your specific situation, it is advisable to consult with a tax professional who can help guide you through the process and ensure that your amended return is accurately filed and processed. Ultimately, the best way to find out if you can electronically file an amended income tax return is by speaking with a qualified tax expert who can review your individual circumstances and provide customized advice. At Molen & Associates, we always prefer to electronically file any return we can so it is more easily processed and your refund can be distributed as timely as possible. Filing on paper can cause very long delays.

Income Tax Amendments in Houston, TX

If you need to amend your tax return in Houston, Texas, Molen & Associates is here to help. We have over 40 years of experience and will work with you every step of the way to ensure that everything is done correctly and in a timely manner. Contact us today to get started!

The Molen & Associates Difference

Mike Forsyth

“Super helpful and timely. This is our first year with them and we look forward to trusting them with our taxes and business books for years to come.”

Caitlin Daulong

“Molen & Associates is amazing! They run an incredibly streamlined process, which makes filing taxes a breeze. So impressed with their attention to detail, organization, and swift execution every year. Cannot recommend them enough!”

Sy Sahrai

“I’ve been with Mr. Molen’s company for few years and I felt treated like family respect and dignity. They are caring, professional and honest, which hard to find these days. Love working with them.”

Credits vs Deductions: What is the Difference?

When it comes to filing taxes, understanding the difference between tax credits and tax deductions is crucial. Both can significantly reduce your tax liability, but they work in different ways. This article will delve into the distinctions between tax credits and...

IRS Audits: Understanding the Process, Red Flags, and Preparation

Navigating the complexities of the U.S. tax system can be daunting, and one of the most anxiety-inducing aspects for taxpayers is the possibility of an IRS audit. Understanding the audit process, recognizing potential red flags, and knowing how to prepare can...

Energy Tax Credits: Tax Incentives for Energy-Efficient Home Improvements and Renewable Energy Installations

In an era where environmental sustainability is becoming increasingly critical, energy tax credits offer homeowners a financial incentive to make energy-efficient home improvements and invest in renewable energy installations. These tax credits not only help reduce...

Foreign Income and Taxes: Understanding the Foreign Earned Income Exclusion and Tax Implications for Expatriates

Foreign Income and Taxes: Understanding the Foreign Earned Income Exclusion and Tax Implications for Expatriates Living and working abroad can be an exciting adventure, but it also comes with unique tax challenges. One of the most significant considerations for U.S....

Understanding the Alternative Minimum Tax (AMT): Who It Affects and How It Works

The Alternative Minimum Tax (AMT) is a crucial component of the U.S. tax system, designed to ensure that individuals with higher incomes pay a minimum amount of tax, regardless of their deductions and credits. This article explores the concept of AMT, its implications...

Tax Implications of Inheritance: Understanding Estate Taxes, Inheritance Taxes, and Step-Up in Basis Rules

Inheriting assets can be a complex affair, especially when it comes to understanding the tax implications involved. This article delves into the intricacies of estate taxes, inheritance taxes, and the step-up in basis rules, providing a comprehensive overview for...

Healthcare and Taxes: Navigating Health Savings Accounts (HSAs) and Medical Expense Deductions

Healthcare costs can be a significant financial burden, but tax-advantaged accounts like Health Savings Accounts (HSAs) and deductions for medical expenses can help mitigate these costs. Understanding these benefits can lead to substantial tax savings and financial...

Tax Credits for Families: Navigating the Child Tax Credit and the Child and Dependent Care Credit

Tax credits are essential tools for reducing the tax burden on families, helping to increase disposable income and financial stability. Among these, the Child Tax Credit (CTC) and the Child and Dependent Care Credit (CDCC) are particularly beneficial for parents and...

Retirement Contributions and Taxes: Understanding the Tax Implications of Contributing to IRAs and 401(k)s

When planning for retirement, understanding the tax implications of contributing to retirement accounts such as Individual Retirement Arrangements (IRAs) and 401(k) plans is crucial. These accounts offer valuable tax benefits, which can significantly impact your...

Texas has been declared a Federal Disaster. What does this mean?

With the storm and power outages last week, Texas has been declared a Federal Disaster. What does this mean? When a state is declared a federal disaster area by the President of the United States, it triggers a series of federal assistance measures under the Robert T....

Request an Appointment Today

15 + 9 =

Call us at

Pin It on Pinterest

Share This