Our accountants and CPAs are adept in the preparation of business tax schedules that are included on your individual income tax return such as a sole proprietorship on Schedule C, rental properties on Schedule E or a farm on Schedule F. In addition we are skilled in the preparation of partnership (including LLC’s), S-Corp, C-Corp, non-profit and trust tax returns. However, our services go beyond the preparation of your tax returns. We work to understand your business or nonprofit organization and to help you better understand its financial and tax situation. We will work with you as needed to help you plan from a tax perspective, including initial entity selection, estimating your taxable income and taxes, ideas to minimize your tax burden, and analyzing transactions for their tax impact.
Careful tax planning is an essential step in preparing our clients’ income taxes, and by minimizing taxes we strive to improve our clients’ profitability. Whether you are a large firm or small, established or start-up, we will find the best possible strategies for reducing your tax liability within the limits of the law. At ABS we use our experience in tax preparation and our professional tax software, our accountants and CPAs, so we can efficiently and accurately prepare your individual federal income tax return and related schedules, as well as preparing any state, school district and city income tax returns that apply to your situation. We go through a comprehensive checklist with all clients to ensure that we pick up all tax breaks that you are allowed. Further, we perform a free analysis of every married couple’s return to determine if it is better to file jointly or separately.
We specialize in preparing your taxes quickly and painlessly and will ensure you receive all the deductions you are entitled to. We are always available to help you with your tax planning needs to help you lower your taxes and avoid surprises during the tax season. And in order to speed your refund, we can file your return electronically to the IRS and state tax boards.
In addition to preparing your individual income tax return, our accountants and CPAs can also assist you in a variety of other areas including tax planning and research, preparing estimated taxes, and analyzing the tax impact of potential transactions. We can also work with you and federal, state and local tax authorities to help you resolve tax notices or delinquencies that you have outstanding.