Frequently Asked Questions

Unlike chain preparers, the success of our business relies on your patronage. We provide year round consulting instead of an empty storefront nine months a year. We don’t produce and air expensive TV commercials about “having people,” meanwhile, passing the production cost on to the customer. We won’t try to lure you in the door with a “scratch and win” game or high interest short term loans.

Unlike the seasonal workers (many of whom are preparing taxes for the first time) at a “chain,” I practice all year long. I am familiar with the local economy and its employers. As a former Kodaker myself, I am especially experienced regarding all Kodak employee/retiree issues.

Working with MDM Financial services you can expect personalized service any time of the year, not just during the “season.”

Income

  • Form W-2(s) from your employer(s)
  • 1099s:
    • Form 1099-INT Interest statements
    • From 1099-DIV Dividend Income statements
    • Form 1099-B proceeds from broker transactions
    • Form 1099-R Pension statements
    • Form 1099-G Unemployment or State refund statement
    • From 1099-MISC Miscellaneous Income
  • Schedule K-1 from partnerships, S Corps, or trusts
  • Social Security statements
  • Gambling and lottery winnings
  • Other Income (and expenses)
    • Rental Property
    • Self Employment
    • Farm Income

Expenses/Deductions

  • Form 1098 Mortgage interest paid
  • Real Estate taxes paid
  • Charitable Contributions
  • Medical and Dental expenses
  • Student loan interest paid
  • Unreimbursed expenses related to your job
  • College tuition paid
  • IRA, KEOGH & SEP contributions
  • Alimony paid
  • Day Care expenses

Other

  • Date of Birth and Social Security of all your dependents
  • 1095-A/B/C for Health Coverage
  • Estimated tax payments made to State and Federal Government
  • Last income tax return filed (New clients only)
  • Voided check (for Direct Deposit of refund (new clients/new bank account))

Our goal is to provide strong, solid financial advice to our clients. Instant refunds are neither. An “Instant Refund” actually is a loan. If you work out the fee you pay for this loan as an annual interest rate, most average more than 100%. Some have even been reported at over 400%. Since the period of the loan is usually around 10 days, it may not seem as significant to pay this type of fee.

Alternatively, if you e-file your return, and have the refund direct deposited, you can have ALL of your money in as little as 8 days. Most e-filed refunds are deposited within 2 weeks. Its your money, wouldn’t you rather keep it?

Select a link below:
IRS
CA
NY
Other States