Individual Taxes
Individual Tax Returns
Our team of experienced tax professionals will prepare your individual tax return with accuracy and care. We'll ensure you take advantage of all eligible deductions and credits, minimizing your tax liability and maximizing your refund.
Types of Individual Tax Returns
1040
Purpose: The standard federal income tax form used by U.S. taxpayers to report their annual earnings and calculate their tax liability or refund.
Eligibility: U.S. citizens, Green Card holders, and residents (for tax purposes) use this form to report their worldwide income.
Deductions and Credits: Offers various deductions and credits, such as mortgage interest, state and local taxes, healthcare costs, and charitable contributions.
1040NR
Purpose: Used by nonresident aliens to report their U.S.-sourced income and claim any applicable treaty benefits.
Eligibility: Nonresident aliens who have U.S.-sourced income, but do not meet the criteria for resident status, use this form.
Deductions and Credits: Offers limited deductions and credits compared to Form 1040.
Individual Tax Services
Tax Preparation: Accurate preparation of your individual tax return
Tax Planning: Strategic planning to minimize tax liability and maximize refunds
Tax Audit Representation: Representation before the IRS in case of an audit
Tax Debt Resolution: Assistance with resolving tax debt and other tax-related issues
Business Taxes
As a business owner, understanding your tax obligations is crucial to maintaining financial health and staying compliant. Business taxes encompass various types of taxes, including income, payroll, and sales tax.
Income Taxes: Businesses are required to pay taxes on their net income. The type of business entity (LLC, Corporation, Sole Proprietorship) determines how taxes are applied.
Self-Employment Taxes: If you're self-employed, you're responsible for both the employer and employee portions of Social Security and Medicare taxes.
Sales Tax: If your business sells products, you must collect and remit sales tax to state authorities based on the tax rate in your location.
Payroll Taxes: If you have employees, you're responsible for withholding and remitting federal and state income taxes, Social Security, and Medicare.