Should you do your own tax preparation? Handling it on your own can mean a big commitment of time and energy if you have anything other than a run-of-the-mill tax situation. Even someone with seemingly straightforward taxes could actually be missing out on big deductions simply because they aren’t aware of the latest tax updates.
Nationwide Tax Preparation Services
Working with a certified tax preparer ensures that your taxes are being looked at through the lens of the latest updates to tax codes and laws. What’s more, you’re getting your returns looked at by experts who specialize in tax preparation every day of the year. A certified IRS tax preparer understands exactly what the IRS requires of taxpayers both quarterly and during tax season. This can potentially help you avoid adding red flags to your returns that can lead to things like audits and penalties.
Tax Preparation Services for Individuals and Businesses
Income tax preparation helps both individual filers and business owners stay in compliance with the IRS. When you’re filing your personal tax return, it’s helpful to have someone with knowledge about IRS protocols, tax laws, recent changes to tax codes, and deductions handling your returns to reduce your tax liability by as much as possible.
Individual tax preparation covers Forms:
- 1040
- 1040A
- 1040EZ
- 1040EZ-T
- 1040NR
- 1040NR-EZ
- 1040X
If you run a business, an IRS tax preparer becomes even more essential; having expert eyes looking over your tax situation adds accountability while also helping you use all current tax laws to your advantage for reducing your tax liability. A business tax preparer can assist with:
- Sole proprietorships and LLCs (1040, Schedule C, Schedule C-EZ, 1040-ES, 941, 943, 944, W-2, W-3, and 940)
- Partnerships (1065, 941, 943, and 940)
- Corporations (1120, 1120-W, 8109-B, 941, 943, 940, and 8109-B)
- S-corporations (1120S, 1120S Sch. K-1, 1220-W, 941, 943, 940, 8109, 1040, and 1040-ES)
What Does a Tax Preparer Do? How Can They Help?
A certified tax preparer can perform a number of duties throughout the year in anticipation of a flawless tax season. In addition to preparing your taxes, a certified tax professional may be able to provide guidance on selecting a filing status, creating a tax planning strategy, managing payroll taxes, and getting caught up with any late or unfiled taxes.
Additionally, a tax pro can assist with IRS defense in the event of an audit. If you owe the IRS money, a tax professional can also help you with a strategy for stopping or abating penalties and fees. Lastly, tax preparers can often assist with tax relief services to help you work out an agreement with the IRS if you owe money.
Benefits of Our Certified Tax Preparation Service
Professional tax preparation takes the time and stress out of getting your taxes in by the tax deadline! In addition, you’re getting one-on-one guidance and advice from a certified tax expert who understands how the IRS works. At Tax Group Center, our tax experts, CPAs, lawyers, and dual-certified professionals offer year-round and seasonal tax preparation services for individuals and businesses. We’re a full-service tax firm backed by 30 years of experience with state and IRS tax returns. Call Tax Group Center at (800) 746-1322 or contact us online today!
