Did You Know…? TAX FAQ

Posted on February 25, 2020 by The Weekly Commentary

Why do I need to complete a tax questionnaire each year before my CPA can file my return?
The tax questionnaire helps to ensure that your preparer has pertinent information and data for preparation of your tax return(s). It will also assist them with referencing your return information for future tax planning and/or tax questions that might arise after the return is submitted.

The ‘Tax Questionnaire’ contains a series of ‘yes’ or ‘no’ questions about the prior year with regard to personal information, dependents, education, healthcare, income, investments, retirement, itemized deductions and credits, and miscellaneous items related to tax law changes or special situations.

In addition, our VNFA questionnaire will ask you to indicate delivery preferences for both (i) the supporting source documents you will provide to us and (ii) how you would like your tax return(s) delivered to you for review and completion.

If we prepare your taxes and you have not already completed our tax questionnaire, please click here to complete it digitally or click here to access a printable PDF. You can access these links and other resources on our website at valleynationalgroup.com/tax. If you have any questions, you may contact our team at tax@valleynationalgroup.com

Valley National Financial Advisors, and its family of companies, has been in the Lehigh Valley since 1985. The company is independent and locally owned. As a respected and trusted organization, our relationships with many clients and their families transcend generations. We have the expertise to provide clients with financial strategies to effectively manage their existing assets and to provide for the eventual transfer of their wealth.

Our one-stop service model includes: Financial Planning – Investment Management – Estate Planning – Retirement Planning – Education Planning – Tax Planning & Preparation – Insurance Planning – Trust Services, offered as a Trust Representative Office of National Advisors Trust Company, FSB – ExecutiveEdgeTM, Personal Financial Planning for Corporate Leaders. Our services are provided by a team of objective professionals and managed by one contact person – your personal financial advisor.

Valley National Financial Advisors is proud home of the Lehigh Valley’s most CFP® – Certified Financial Planner Professionals^TM. Among other honors, Valley National has been voted Best Financial Planner in the Lehigh Valley seven times by the readers of Lehigh Valley Magazine, and ranked among FA Magazine’s Top RIAs and AdvisorOne’s Top Wealth Managers.

For more than years, our firm has been devoted to helping our clients to achieve their hopes, dreams and aspirations. This requires a delicate balance between the science of financial planning and the art of understanding the feelings and emotions of our clients and their families.

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