Professional Tax Return Preparation

Using every legal opportunity

Today's tax laws are so complicated that unless your financial affairs are extremely simple, chances are you will benefit from at least occasional help from a tax professional. It is too easy to overlook deductions and credits to which you are entitled if you prepare only one return a year. Even the use of computer software is no substitute for the assistance of a seasoned tax preparer.

We prepare hundreds of tax returns every year. We know what to look for when your return is prepared. More importantly, you will have someone to answer your questions during the rest of the year.

We provide tax solutions for the following:

• Individuals
• Proprietorships
• Partnerships
• Corporations (C & S)
• Non-Profit Organizations
• Complex Tax Returns
• Amended Tax Returns
• Tax Returns for F1 & H1 Visa Holders
• Out of State Tax Returns

Your Tax-Cutting Checklist

Whether you're a wage earner, an investor, a business owner, or all three, you should use the tax-cutting benefits available in the tax law. There is little to be gained by paying more tax than the law demands.

Identify the tax-savers for which you qualify. Here's a tax-cutting checklist to get you started. Check the list to see if there are tax breaks that you are overlooking.

For Individuals:

• Roth IRA
• Roth 401(k) if employer's plan permits
• Rollover to Roth IRA
• Tax-deductible IRA
• Child tax credit
• Child care credit
• Earned income credit
• Annual gifts to reduce estate
• Education savings accounts
• Education expenses
• American opportunity tax credit
• Lifetime learning credit
• Bunching deductions
• Flexible spending accounts
• Health savings account
• Donating appreciated assets instead of cash
• Qualifying property for personal residence gain exclusion
• Best filing status
• Shifting income or deductions from year to year
• Adoption expense credit

For Investors:

• Tax-free municipal bonds
• Long-term capital gains
• Rental property
• Tax-free exchange
• Low-income housing credit
• Small business stock rollover

For Businesses:

• Home office deduction
• Keogh plan
• SIMPLE plan
• SEP
• 401(k) plan
• First year expensing of business equipment
• Year-end bonuses
• Bad debt write-off
• Disabled access credit
• Health care tax credit
• Other business tax credits
• Tax-free exchange

Today's tax laws can be extremely complicated, which makes it all the more necessary to seek help from a tax professional. Our services make sure you do not overlook any deductions and credits that you may be entitled to receive.

We recommend a seasoned tax preparer over the use of electronic tax software due to our 45+ years of experience in preparing thousands of tax returns. We are here to make sure you benefit as much as possible from your taxes and answer any questions you may have about the process.

For your convenience, we have provided a complimentary tax organizer. Print it out, fill in the sections that apply to you, and bring it to your tax preparation appointment.

Contact our office if you have questions or want more information on these and other strategies that could reduce your taxes.