Individual Tax Preparation
Do you need your current or past individual tax returns prepared?
It is never too late to prepare your individual tax returns, and plan your taxes for the future. The goal is to ensure you only pay your fair share of state and federal taxes, and avoid incurring heavy interest and penalties as a result of not filing and paying on time.
The decision to prepare your taxes on your own is certainly admirable, but we don’t recommend it for most people. It is tempting to try to save money by doing your own tax preparation or using software that promises to get the job done, but you may end up spending more money in the long run by skipping out on professional tax preparation services
Why Do Our Clients Hire Us?
Here’s an example: A client who hadn’t filed their return for over 4 years was filled with fear – they had some complicated transactions related to their employer stock and didn’t know how to file it on their taxes. They were worried they would do it wrong. This fear led to procrastination, which might have led to a bigger problem with the government had the client not hired us.
We were able to clean up the problem, and in doing so we discovered several mistakes that were made over the years that led to combined federal and state tax liability savings of over $25,000.
Ever-Changing IRS Code and Laws – How Would You Keep Up?
The tax code and laws change all the time. CPAs are required to renew their license every two years. One requirement for renewal is 80 hours of continuing education. In addition, all our staff participate in ongoing training on taxation and any updates to tax law – so you can rest assured your tax return will be prepared based on the latest guidance.