We provide a full range of tax preparation services. Each return is methodically reviewed to evaluate the potential for IRS audit, to ensure that deductions are consistent with applicable tax laws and regulations, and to make certain that the taxpayer has taken advantage of all opportunities for deductions. We will ensure that your tax returns are prepared accurately. We offer the following services:
- Preparation of Federal individual income tax returns
- Preparation of State individual income tax returns
- Representing clients during IRS audits and examinations
- Preparation of Trust returns
- Preparation of tax identification number for Non-US Citizens
If you own a small business and have not kept up your bookkeeping, do not worry. We can help you. We will prepare your bookkeeping for the year, prepare a full Schedule C, as well as your personal income tax return. Then we will help you set up an easy system that allows you to keep your books in order.
- Preparation of Federal corporate tax returns
- Preparation of State corporate tax returns
- Preparation of corporate financial statements
- Representing companies with IRS issues
- Representing companies in State tax issues
- Advise on types of business entities available
- Payroll services
- Sales Tax services-prepares all sales tax filings and offer full sales tax audit representation.
We can also help with back taxes and collection issues. We will get to know your company inside and out in order to maximize your future opportunities.
I provide Form 990 tax returns for churches, charities, foundations, and other non-profit organizations.
Homeowners & Condo Associations
All community associations need to file an annual tax return.
This is one of the most overlooked association responsibilities. Most board members think that since their associations are non-profit organizations, no tax return needs to be filed. That is not correct. For tax purposes, the IRS treat community associations like corporations, and require them to file federal tax returns. You may have to pay tax on net income not related to standard association activities.
While requirements vary based on the filing criteria that you choose, here are some examples of income streams that are normally not taxed (exempt) and taxable.
Association membership income is not taxable, including:
- HOA dues and assessments
- Owner fines
- Interest on late payments, as well as late fees
- Resident clubhouse and facility rentals
Net outside income is generally taxable, including:
- Bank account interest and dividends
- Guest fees, such as a charge to non-resident for playing tennis or using the pool
- Non-resident clubhouse or facility rentals, minus costs
Tax returns are due March 15th or 75 days after the close of your tax year if your association is not on a calendar year basis.