Tax preparation season? If you are not an accountant, we’ll hazard a guess that you do not enjoy tax preparation, and honestly, we can hardly blame you. Because the tax law changes every year, it is incredibly easy to overlook deductions and credits that you are entitled to, even if you use a computer software program.
There really is no substitute for an experienced tax professional who takes a holistic approach to income tax preparation services, including proactive tax planning to reduce your tax burden.
You will very likely benefit by using a professional to prepare your taxes. In a survey last year, the U.S. Government’s Accountability Office asked 71 million taxpayers about their tax preparation experience. A vast majority (77%) reported that they benefited by hiring a professional tax preparer.
When you want to use a professional for your tax preparation, we hope you contact our team at TPI. We have saved our clients hundreds and hundreds of dollars by making sure they take all possible deductions.
We always meet our new clients in person to ensure we understand your big financial picture. At our first meeting, we’ll review your previous year’s tax return and gather all of the information we need for this year’s return. In addition, we’ll show you how to adjust your payroll withholding so you take home more of your income, and we’ll point out potential deductions that can limit your tax liability next year.
During a follow-up meeting, we’ll review this year’s return together and send you home with a package that includes a copy of your federal and state tax return, our letter of disclosure, and instructions on how to pay the IRS (if necessary). We will then file the return electronically on your behalf.
Even if you are a business owner and your books are a mess that is not a problem for the team at TPI. We will plow through your records and carefully place all expenses in the proper categories. If you need a full Schedule C, we will prepare that for you.
Our team will also help you set up an easy-to-use system for next year to keep your records in top-shape for next year.
If you are an existing client, we will send you an organizer before tax season that allows you to quickly fill in your current income, mortgage information, college tuition (if any) and any other information that is different from last year’s tax return. Once we receive it, we will prepare this year’s return, send it to you for review, and then file the return electronically on your behalf.
Did you receive a letter from the IRS?
Don’t panic! One of our team members is an IRS-enrolled agent who will call the IRS directly on your behalf and work to quickly solve the issue. All we need from you is power of attorney to get started.
TPI’s income tax preparation services include the following:
• Individual Income Taxes
• Corporation Income Taxes ‘S’
• Corporation Income Taxes ‘C’
• Limited Liability Company Taxes
• Limited Liability Partnership Taxes
• Non Profit Organization Taxes
• Partnership Income Taxes
• Income Tax Planning