We love students!

At Dukhon Tax and Accounting, we have a special place in our heart for our local student population. Remember, we were once students too – and of course, we always remain studious and continue learning! As such, we’d like to show how much we appreciate the great minds of our local college community by offering a special price on tax preparation. Plus, we’ve made it very easy to upload your documents and connect with us.

tax accountants for studentsDuring the month of February, we will be offering a special price for tax preparation to local students. We know that winter semester is a busy time. However, getting your tax refund quickly and easily should brighten up your spirits!

For local students who present a valid student ID, we will be offering a flat rate of $100 for basic preparation of tax returns*.

Instead of using online tax software or waiting in line at one of the large national firms, come see us for tax expertise and a modern service model.

  1. Contact Dukhon Tax and Accounting by
    PHONE: 617-651-0531
    EMAIL: [email protected]
    ONLINE FORM: Click Here »
  2. We will send you a link to our client portal and contact you to discuss your situation. If you’d like to stop by our office to chat, we can setup an appointment.
  3. Upload your tax forms (W-2s, 1098-T, Student Loan Interest Statements)
  4. We prepare your return and you receive your refund by direct deposit.

Fast and accurate tax refunds – make sure you get all the money that is owed to you. No need to lose a weekend using the “do-it-yourself” software.

We look forward to serving our local student population and all of our clients during this tax season!


The Staff at Dukhon Tax and Accounting

*Basic return are 3 or less W-2s, education credit, student loan interest, and no other deductions or attached form schedules. Valid student ID required. Offer lasts 02/01/2015 to 02/28/2015, please contact our office during that time.

Fast Facts: Affordable Care Act

Dukhon Tax advisors have been answering many questions in relation to ObamaCare and the Affordable Care Act (ACA). We hope these fast facts help with your 2014 tax preparation.

facts about obamacare

  • The IRS opens the 2014 tax filing season on Tuesday, January 20, 2015.
  • Taxes must be filed by the IRS deadline: Wednesday, April 15, 2015.
  • When filing 2014 taxes, you must report the status of your health care coverage and any cost assistance you received.
  • Forms 1095-A, 1095-B or 1095-C from your insurer will detail the months you had coverage. In the event you have multiple sources of coverage, you will receive multiple forms.
  • Did you, or a dependent household member, go three months or more without minimum essential coverage? You will need to make a Shared Responsibility Payment or file an exemption.
  • Exemptions are only valid with an Electronic Confirmation Number (ECN). This number is provided by the Health Insurance Marketplace. Exemption requests take time to process. Ensure you apply early to avoid late tax filing penalties.
  • Taxes filed in 2015 are subject to the 2014 fee rate. Cost assistance is based on the 2013 Federal Poverty Guidelines. Annual fee rate for not having insurance (2014) is $95/adults, $47.50/child, family $285, or 1% of household income to a max threshold. In 2015, the annual fee rate for not having insurance jumps to $325/adult, $162.50/child, family $975, or 2% of household income to a max threshold.
  • Income below the minimum threshold for filing a tax return? You are exempt from the fee for not having coverage, but may qualify for Medicaid or Marketplace cost assistance.
  • Made less than you projected? Opted not to take the full tax credit in advance? If you did not update your Marketplace information, you need to deduct the remaining amount on your Federal income taxes. See Form 8962 – Premium Tax Credit (PTC).
  • Small business owners can use the Small Business Health Options Program (SHOP) to obtain coverage and credits for their employees.
  • Minimum essential coverage can only be obtained during open enrollment.
  • Unlike the typical methods of collection (liens, jail time), the IRS is not able to enforce the Individual Shared Responsibility Provision. Instead, the IRS will withhold your Federal Income Tax refund.

To learn more about the Affordable Care Act, the Individual Shared Responsibility Provision or view IRS publications, please visit: http://www.irs.gov/Affordable-Care-Act/Individuals-and-Families/Individual-Shared-Responsibility-Provision

For personal or business tax preparation, or to obtain guidance with the Affordable Care Act, the team at Dukhon Tax is ready to help. Visit us at DukhonTax.com

Reporting Your Affordable Care Act ("ObamaCare") 2014 Taxes

Confused by the tax filing requirements under the Affordable Care Act (ACA)? You are not alone. Filers for 2014 must report healthcare coverage on form 1040 in the taxes section on page 2.
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