Bookkeeping and Administrative solutions for small business

Tax Preparation Details

Taxes made easy

 
 

What is an IRS Enrolled Agent

An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part comprehensive IRS test covering individual and business tax returns, or through experience as a former IRS employee. Enrolled agent status is the highest credential the IRS awards. Individuals who obtain this elite status must adhere to ethical standards and complete 72 hours of continuing education courses every three years.

Enrolled agents, like attorneys and certified public accountants (CPAs), have unlimited practice rights. This means they are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent clients before.

Individual Tax Payers

Many individuals become nervous or frustrated with their individual income tax filings each year. And rightly so, the US Tax Code is complicated, it changes a bit every year and you’re only doing it once. As a credentialed Tax Preparer Raymond prepares taxes for individuals and businesses all year and understands the intricacies of whatever tax situation you find yourself in.

Individuals will file the Form 1040 to report income to the IRS. This form is used not only for individuals but also married couples and those who file taxes for their small businesses as a “Pass-through Entity” with or with out an LLC or EIN number. Its important that we accurately report all income and expenses to ensure that you’re not over paying Uncle Sam

Business Filing

Businesses have a variety of methodologies for accounting and preparation of taxes. Some are considered “Pass Through Entitles” where the tax liability bypasses the business but is instead paid by the individual shareholders while others are required to file and pay taxes as a business. Your tax filing can become complicated as your business grows and sometimes it can be difficult to know if you have reported your expenses accurately to avoid over taxation. We’ll work with you to ensure that your tax preparation is accurate and timely no matter the size or structure of your business endeavors

Prior Year Returns and amendments

Not up to date on your tax return filings? Need to amend a prior year return? Not to worry, We can assist in filing late returns or making amendments to ensure that the returns that are filed accurately represent your situation.

What if i owe more taxes than I can Pay?

The IRS offers a number of programs that are available to individual and business taxpayers to settle their Tax Liability with the Department of Revenue. Let us help you navigate your options and see if we can’t also assist in reducing or eliminating some of the burden.