Tax Services
Individuals
Our firm is proud to offer individual tax preparation services. We have been preparing Individual Tax Returns for over five years. We are well versed in the most recent changes in tax law, including all the new benefits including:
- Self-Employment Taxes
- Medical deductions
- Child care expenses
- Education Expenses
- Home office deductions
- Foreign tax credits
- Charitable giving
- Arizona state and local tax issues
- Married filing single, married filing joint, single and head of household distinctions
- Taxation, preparation and planning
- Sole Proprietorship
- Rental Properties
Our services are dependent on the complex nature of each individuals return, so we always have a meeting with our client to determine the time required to accurately complete each return. We ask that to your initial meeting you bring with you a copy of your prior years tax return and copies of your current year information. In most cases, once we have our meeting we determine a set amount that your tax return will cost, so you have no surprises when we meet after your return is complete to review your return and sign all the necessary documents.
Corporations
There are two types of Corporation formats under which a business is taxed, an S-Corporation (1120S) and a C-Corporation (1120). Our firm has been providing services to these two types of corporations for over 4 years and is well versed in the specifics of each. Our firms has dealt with such issues as:
- Mergers
- Shareholder Disputes
- Valuations
- Interstate, Allocations, Research, and Reporting
- Formation and articles
- Structure / planning
- Taxation, preparation and planning
Since these types of issues can be complex, we meet with each of our clients to determine the need for any work that is required for these diverse entities.
Partnerships
Partnerships, the formation of a business by two or more individuals, are a very common entity type. We have had experience dealing with the issues of partnerships for well over 5 years. Common issues are:
- Basis calculations / Reporting Schedules
- Partnership agreements
- Auto usage / health insurance premiums
- Formation and articles
- Structure / planning
- Taxation, preparation and planning
- Buy/Sell agreements
Since each partnership has a different make-up and specific issues to itself we like to meet with our partnership clients in order to best determine the types of services that the partnership may need.
Limited Liability Companies (LLC)
LLCs (Limited Liability Companies) are often used by smaller businesses to protect and maintain a corporate type veil of protection for the assets and interests of the owners of the business. We have worked with LLCs in Arizona for approximately 5 years and are very familiar with the various topics related to this type of entity.
- Distributions/Contributions
- Real Estate purchases/ investing
- Corporate veil issues
- Membership interests
- Formation and articles
- Structure / planning
- Taxation, preparation and planning
Please contact us for specific information on these topics, or others on which you might have questions.