There are four weeks left to complete your individual state and federal tax returns, and The Buffalo News has teamed up with local accountants to provide some help.
A dozen local accountants will volunteer their time to answer callers’ questions during The News’ annual tax help panel from 5 to 9 p.m. Thursday.
Timothy J. Hoelscher -- senior tax manager at Tronconi, Segarra & Associates – said most questions revolve around confusion over new tax laws.
This year, Hoelscher anticipates calls about the homebuyer’s tax credit, stimulus payments and a deduction for sales tax on automobiles purchased in 2009.
“It’s whatever the new law is,” said Hoelscher, who has 41 years of tax experience. “The new laws confuse people.”
Hoelscher said he’s also found this year that some tax filers are confused about the state’s appliance rebate program. Those rebates, which were sent directly by the state, do not involve state income tax returns.
The accountants will field questions at The News in two shifts. They will offer explanations of complex new rules, taxes and credits and help callers wade through federal and state tax returns.
To ask a question, (716) 849-6090 between 5 and 9 p.m. Thursday.
-- Denise Jewell Gee