Services
Personal
Did you receive any wages from employment (W-2) or self-employment in the “gig” economy (1099)? How about investments or distributions from a pension plan, IRA, or Social Security? We can prepare your tax returns for federal and all states. We explain why your tax bill is what it is an what you can do, if anything, to minimize your future exposure.
Business
Is your business a “C” corp or an “S” corp, or a sole proprietorship? We handle all kinds of businesses. Remember that business tax returns are generally due a month earlier than personal returns. In this way we can transfer data from the business return to your personal return. Does you business have depreciable assets? We can show you the benefits of your option to expense or depreciate those assets.
Partnership
Are you working with someone else as a partner or member of an LLC? We can produce the partnership or LLC return and transfer the K-1 details to your individual returns.
Associations
Does your homeowners’ association have dues or income from investments? We can calculate if a tax is due and file that return for you.
Estate
Did someone you are responsible for die this year? We can help you file the final personal tax return. Did you receive a bequest this year? Good New! You don’t owe a tax on what you received. You may owe a tax when you sell that property. We can help you figure that tax correctly. Is the estate still open in the year after death? We can file estate income tax returns. Is the estate so large it requires an Estate Tax return? We can help you prepare the estate tax return to pay taxes properly or to reserve the combined spousal estate tax exemption.
Gifts
Did you know that if you GAVE a gift worth more that $15,000, you might owe a GIFT tax? Minimally, you might have to file a gift tax return.
IRA, 401(k) Pension
Do you know the distribution rules for regular (deductible and non-deductible), Roth, and inherited IRAs? The rules are complex and could cost up to 50% of what you should have taken out. We can lead you through the process to make the most of your savings or inheritance.
IRS “Requests”
Did you receive a “friendly” letter from the IRS or state Department of Revenue asking for more information or more money? We can help you respond to their cryptic and intimidating letters. We are familiar with their bureaucracies and can navigate through them on your behalf. If necessary, we can represent you in front of them.
Questions
Are you unsure if something you received is income or something you spent is deductible? These and many similar questions are the kind we answer for clients every tax season.
Payroll
Business owners are often overwhelmed by the additional tax obligations created when they expand from sole proprietorship to hiring their first employees. To select small businesses (1-5 employees) we offer payroll services. In this way the owner can concentrate on the business rather than governmental requirements.
Bookkeeping
If you have a separate checkbook and credit card for your business but aren’t big enough for a full-time accountant, you might fit our profile for bookkeeping services.