Full service Federal and State Individual tax preparation including LLC, Qualified Joint Venture and S Corporations. The services we offer include:
o Brokerage accounts
o K-1- 1065, 1120-S
o Day Traders
o FBAR (Foreign Bank Account Reporting)
o Fellowship income
o Transfer of Wealth Issues with referrals to attorneys and financial advisors
o Health insurance
o Retirement instruments
o Inventory valuation
o Cash vs accrual accounting
o Nonstandard expenses
o Basis calculation
o Schedule C
o Review tax return and supporting documents for IRS compliance
o Coach clients on negotiating with the IRS
RETIREES WITH MULTIPLE INCOME STREAMS
o 401 (K)
o Social Security
o Investment accounts
o Railroad Retirement
o Capital Gains and Losses
o Sale of Property
o Retirement assessment with referral to Financial Advisors
o Insolvency and Debt Forgiveness (1099-C)
o Foreign income of US Citizens (Excludable Income)
o Resident and Non-resident aliens (Tax Treaty issues)
o Amended Returns
Audit Support and IRS Letters
Nobody wants to undergo an IRS audit; you don’t have to go it alone. In the event this occurs, we will be with you every step of the way.
Self-employed individuals with a Schedule C on their tax return are 89% more likely to be selected for an audit than any other form on an Individual Tax Return. This is because there are no back-up forms reported to the government by other entities.
Most IRS audits are “paper audits” meaning the IRS wants to see copies of specific back-up documents.
Sometimes you may be asked to submit to a “physical audit”. We will attend the audit with you and coach you about what to say during the audit.
While I am good at what I do there are some things that do not fall within my range of expertise. For those situations I have partnered with a Certified Public Accountant, Professional Web designer, Attorney, Financial Advisor, Payroll Service, Health Insurance provider, Business Insurance provider, Home and Auto Insurance provider, Mortgage Lender, Credit Restoration specialist, banker and other specialists that you may need to enhance and protect you and your business.