Professional Tax Return Preparation

Today's tax laws are so complicated and ever-changing that unless your financial affairs are extremely simple, chances are you will benefit from the guidance and assistance of a tax professional. It is too easy to overlook deductions and credits to which you are entitled, resulting in your paying too much taxes. 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. And we can put you on our mailing list to receive timely tax, business, and financial advice.

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.

For Individuals:
	Income shifting to children
	Lifetime gifts
	Donating appreciated assets instead of cash
	Home equity loan interest
	Additional standard deduction, age 65 or older, blind, or both
	Shifting income or deductions from year to year

For Investors:
	Tax-free municipal bonds
	Long-term capital gains and dividends
	Rental property
	Tax-free exchange
	Low-income housing credit
	Small business stock rollover

For Businesses:
	Legal business structure
	Home office deduction
	Keogh plan
	SIMPLE plan
	SEP
	401(k) plan
	First year expensing of business equipment
	Bonus depreciation
	Bad debt write-off
	Disabled access credit
	Other business tax credits
	Tax-free exchange

Retirement Plans:
	Traditional IRA
	Simple IRA
	SEP IRA

Education:
	HOPE credit
	Lifetime learning credit
	Education expenses
	Student loan interest deduction
	Tuition and fees deduction
	Children's college education funding

Tax Credits:
	Child tax credit
	Credit for child care and dependent expenses
	Earned income credit
	Credit for the elderly or disabled

Contact our office today at 561-746-1926 if you have questions or want more information on these and other strategies that could reduce your taxes. Call today to set up your FREE no-obligation consultation.