Using the latest tax planning strategies can save you thousands of dollars, if not more. Using professional tax preparation can ensure you capture those savings while saving you the headache of having to navigate the tax code by yourself. It has been estimated that the IRS owes Americans over $1 Billion in tax refunds that go unclaimed simply because eligible taxpayers do not file tax returns in a timely manner. We prepare all types of tax returns including individual and business tax returns as well as city, state and payroll tax returns.
Deferring income and accelerating deductions is a time-tested method for lowering your tax bill for both individuals and business entities. In order to best take advantage of the myriad of ways the tax code allows you to lower your tax liability, it is important not to wait until the tax filing deadline to start planning. Decisions need to be made throughout the year and must be revisited on a regular basis.