The Internal Revenue Code is a very thick and complicated book of tax laws. Nonetheless, you are required to apply these very complicated and voluminous tax rules to your own unique situation each year.
What is involved in effective tax preparation?
Effective tax preparation involves identifying the rules that could work to your advantage as well as the rules with which you are required to comply. Without effective tax preparation you run the risk of paying more tax than is necessary and/or being assessed non-compliance or under-payment-of-tax penalties and interest.
That’s where we come in…
Through over sixty years of tax planning and return preparation experience and training, we have developed a very thorough understanding of both the theory and the practice of our current tax law system. Our understanding of the laws and of the "whys" underlying such, arms us with the tools necessary to better ensure that you effectively utilize the tax laws to the best of your advantage. And while we view planning as very important, we also place great emphasis on preparing complete and accurate tax returns in an efficient and timely manner.
Our process includes:
- Annually attending national income tax training sessions.
- Completing tax return preparation checklists for each client.
- Keeping track of our clients’ unused loss-carryover and flow-through-entity tax-basis information.
- Utilizing "top of the line" tax preparation software to effectively prepare even the most complicated tax returns (including multi-state returns and tax returns that contain multiple K-1 flow-through-entity data).
Our range of expertise . . .
Our current income tax return preparation client-base includes income tax returns for a wide range of individual profiles and types of businesses and includes the following specific tax returns:
(i) Single taxpayers.
(ii) Married filing joint (and surviving spouses).
(iii) Separate taxpayers and head-of-household taxpayers.
- Sole-proprietors/self-employed individuals.
- Limited Liability Companies (LLC’s and PLLC’s).
- Estates and Trusts.
- Non-profit organizations.
How to get started…