Tax Preparation and Planning

Tax Preparation and Planning Services

Our team has the expertise to provide you with the planning and preparation services that you need.

Each member of our team is dedicated to honing their tax preparation skills through a series of continuing education courses each year. As tax laws change and new considerations come to light, we are constantly keeping up to date to ensure that we remain highly qualified to prepare tax returns for all fifty states.

Our goal is to make the preparation and planning process as easy as possible for you and minimize your liability through careful planning.

Your preparation interview can be conducted either in person, by mail, or e-mail – whichever is most convenient for you. Whatever your circumstances may be, we are here to give you the best advice possible and cater our services to your needs.

Whether you need the current year’s returns prepared, need to plan for retirement, or are saving up for your child’s education, our professional team is here to help.

Our Tax Preparation and Planning Services

Individual Tax Preparation:

Taxes and tax returns aren’t straightforward, even for private individuals. There are countless considerations and circumstances that affect which forms you need and don’t need, not to mention the various deductions that may or may not be applicable to you, and the impact of even simple clerical errors.

Business Tax Return Preparation:

Details are important when preparing business tax returns. It’s easy to miss a potential deduction or fail to provide the information needed to explain a financial anomaly that might trigger a red flag with the IRS.

Gift & Estate Tax Return Preparation:

Gift and estate tax returns are required whenever you exceed your respective gift and estate tax exemption limits, either during your lifetime (through a gift) or after death (through an estate).

Partnership & Corporate Tax Preparation:

Partnerships and corporations are taxed differently from other businesses and require different respective tax preparation approaches. These distinctions will reflect how your business is taxed. Taking advantage of these different tax rules is important to making the most of your revenue.

Estate and Succession Planning:

Tax considerations during estate planning play a critical role in how estates are divided and bequeathed. A well-crafted estate plan will utilize legal entities like trusts to minimize tax liability and protect assets from creditors and ensure that your beneficiaries are prepared for any tax liability coming their way.

Tax & Education Planning:

There are saving instruments designed to help families plan for their children’s education and reduce or eliminate the taxes normally owed on those accounts.

Out-of-State Returns:

If you earned money in a state you don’t live in you might have to file a nonresident state tax return. Different states have different tax laws, and it’s hard to keep track of it all.

Business Start-Ups:

The IRS requires new businesses to define themselves through a series of forms, keep meticulous records on all assets, incomes, sources of revenue, and losses, and gives startups the chance to reduce or minimize their tax liability by making the most of existing tax laws surrounding stocks, home offices, and hefty first-time expenses.

Why Work with Us?

At IRS Advocates, we specialize in tailored tax planning and preparation services, catering to individuals and businesses from all backgrounds and walks of life. Tax rules can change often, vary from state to state, and can have a considerable impact on your financial security. The right level of preparation can potentially save you thousands of dollars.

The IRS and various state tax agencies all have different rules and regulations for different kinds of businesses, nonresidents, immigrants, recently unemployed workers, retirees, and other individuals. Let us help you eliminate the guesswork, minimize your tax liability, and prepare for tomorrow.

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