The Tax Organizer helps you organize your tax information more easily, based on your prior-year tax return. It identifies ways to minimize your tax burden by making the most of allowable deductions and/or credits. Providing pertinent details to your Tax Preparer can also help prevent tax notices. Tax notices are generated when taxpayers fail to report items already provided to the government (such as information from employers or financial institutions).

The new drop-off process simplifies your tax-return process and reduces the need for an appointment. Simply deliver or mail your tax packet documents, or upload them to our portal.

• When the return is completed, your Tax Preparer will call you to discuss the results.
• If your return contains complexities that merit an appointment, your Tax Preparer will schedule one.
• If you prefer, you are still welcome to schedule an appointment. Just let your preparer know when they call you to review your documents.
• Please provide all required return information no later than March 22, 2018 to meet the April 17, 2018 filing date. Otherwise, an extension may be required.

That’s right! Just provide your tax packet documents; your preparer will call to review results.

• Completed Tax Organizer
• Signed Engagement Letter
• Signed Statement of Foreign Assets
• Copy of your Driver License, if we do not already have one on file.
• If this is the first time we are preparing your return, provide a copy of your 2016 tax return.
• Please supply anything you believe will have any bearing on your 2017 Tax Return.
• All original documents you provide will be returned with your completed tax return.

Please call (800) 688-1045 during business hours: Monday-Friday, 8:30 a.m. – 4:30 p.m. You can also visit us in-person at CAP COM Financial Center, 4 Winners Circle, Albany, NY 12205.

Online. Submit your tax packet quickly and easily by logging into the portal at https://ccfstax.securefilepro.com.

In-Person. Bring your tax packet to our offices at CAP COM Financial Center or any other CAP COM branch. Please be aware that transporting your file from another branch to our office will add a couple of days to the process.

Mail. We recommend that you make copies of your tax packet prior to mailing it to:
CAP COM Federal Credit Union
Tax Department
4 Winners Circle
Albany, N.Y. 12205

The fee for tax preparation depends on your type of return and the number of schedules. For example, the fee for a federal Form 1040 (individual income tax return) with a Schedule A (itemized deductions), Schedule D (capital gains), the New York state income tax return, and no complicating issues would be approximately $195. The E-filing service is included.

If your return is more complex and requires additional work, the fee will be discussed with you at your appointment.

Tax balances paid after the April 17th deadline may incur penalty and interest charges from the IRS and your state, even with the extension. The extension only extends the deadline to file. It does not extend the deadline to pay any tax due. If penalties and interest are assessed, you will receive a written notice from the IRS and/or your state with a bill attached. The IRS does not call taxpayers about penalties and interest.

Federal. Check your federal return at www.irs.gov and click “Get Your Refund Status.” Or, call (800) 829-4477.

New York. The status of your individual New York state refund can be tracked at www.tax.ny.gov “Check Your Refund.” Or, call (518) 457-5149.