Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government's General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.
Whether we like it or not, today's tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there's no substitute for the assistance of an experienced tax professional.
Here's what your get...
- Your tax return will be prepared by our professional staff, as well as checked and rechecked by our computer software, which can identify potential problems the IRS may look at more closely. We will also review the calculations to ensure that all figures are within IRS prescribed limitations and threshholds. These steps will minimize IRS structiny and subsequent contact with you, the taxpayer.
- Your tax return can be filed electronically so you will get a refund back quicker.
- We can show you how to adjust your payroll withholding to get more money back each week. This reduces the possibility that you are giving the IRS an interest free loan while they are holding onto your tax money that you could have invested or utilized.
- We will review your individual tax situation so we can show you potential deductions and suggest various strategies to limit your tax liability for next year. In addition, we will give you a sheet of commonly overlooked deductions to limit the following year's tax liability.
Books a Mess: No Problem!
If you own a small business and haven't kept up with your bookkeeping, don't worry. We can help you. We'll prepare your bookkeeping for the year, prepare a full Schedule C, as well as your personal income tax return. Then we'll help you set up an easy system that allows you to keep your books in tip-top shape next year.
