Ohio University Credit Union logo
CATS online banking & bill pay
login
financial services

financial services

OUCU Tax Services

Not a credit union member? Not a problem! We can still prepare your taxes!

  • Convenient, competent and complete tax preparation services
  • Federal, state, and local tax form preparation for both individual and commercial entities
  • Returns filed electronically for fast and secure submissions
  • Small business accounting services available 

Exclusive Tax Discount Offers

  • $10 off when you schedule your appt. by Feb 28
  • $25 off for any local business that is a first-time OUCU tax prep customer
  • 10% off tax preparation for Senior Associates' Club members
  • Members can redeem CU Reward Bonus points for tax preparation services.

For more information, contact Registered Tax Return Preparers Robert Payne at 740.597.2857 or tax@oucu.org or, Cory Corrigan, Vice President of Financial Services, CPA, at tax@oucu.org, (740) 597-2859 or 1 (800) 562-8420 (ext. 72859).

Ohio University Credit Union Financial Services is a wholly-owned subsidiary of Ohio University Credit Union. The IRS does not endorse any particular individual tax preparer. for more information on tax preparers go to IRS.gov.

 

Want to Know the Status of Your Tax Refund?

For your Ohio tax refund go to wheresmyrefund

For your federal refund follow these simple steps:

  1. Go to the IRS webpage. (This website will tell you the exact date the refund was sent and provide information regarding potential delays in processing the return).
  2. Enter the following information:
    • Social Security Number
    • Filing Status
    • Refund Amount
    • Click the Submit button

Tax Tips for 2014

  • Filing season for your 2013 return does not begin until Jan. 31st and ends on April 15th 2014
  • 2014 begins the mandatory health insurance requirement.  If you are uninsured after March 31st, 2014 you will have a penalty of $95.00 or up to 1% of your household income assessed on your 2014 tax return.
  • Want to lower your taxable income? Start a traditional IRA.  Since Traditional IRA’s are taxable when you withdraw the money, you get a tax credit when you put the money in.  In 2013 the maximum contribution was $5,500 which would save a tax payer in the 25% tax bracket $1,375 in tax
  • If you own a home and have a mortgage you are probably eligible to itemize your deductions to lower your taxable income.  Even if your mortgage interest is only a couple thousand dollars when you combine that with other Itemized deductions such as, out of pocket medical, real estate taxes, state and local taxes paid, charitable contributions, chartable and medical mileage.
  • What are the miscellaneous deductions when you itemize? Safety deposit box fee, tax prep fee, unreimbursed business expenses including mileage, Union dues, investment expenses, job hunting.
  • Did you win the lotto this year or win some money at the casino?  You can take a tax deduction on gambling losses equal to your winnings ~ that is if you didn’t win on your first try!
  • Is your spouse searching for a new job in their current occupational field you can deduct expenses related to the job search.? Expenses include: cost of preparing and mailing your resume, travel to and from potential job sites, and fees from employment or outplacement agencies.
  • Do you work from home and have a home office space you can deduct the cost of the home (rent, mortgage interest, real estate taxes, insurance) utilities, housekeeping and repairs.  The deduction is based on the square footage of your office space and the total square footage of your home.

    For more information on Ohio University Credit Union tax preparation service, please contact us at tax@oucu.org or (740) 597-2800.