Preparing Your Tax Returns - Federal, State, Business, Personal
Income tax returns are nothing new. They have been due on March 15th for most businesses and April 15th for personal for a very long time. Preparing tax returns are not fun for most people. The returns are complicated and the rules keep changing.
We are in the category of "we love preparing tax returns." We will take advantage of the tax rules to reduce your tax bill whenever possible. This year in particular (2018) there are many changes. We have kept up on them all.
Some of the new rules dictate due diligence. So new questions must be asked and answered plus some new documents requested and provided.
You will get . . .
- Federal and State Personal 1040 return with the necessary schedules depending upon your situation. Some may need a Schedule F for farming, a Schedule E for rental property, a Schedule C for a sole proprietorship. Then there are extra schedules for investments, foreign income and so much more.
- Federal and State 1120 return for Corporations with the necessary schedules.
- Federal and State 1120s return for S-Corporations with the necessary schedules. Schedule K-1s will be provided for each shareholder.
- Federal and State 1065 return for Partnerships and Multi-member LLCs with the necessary schedules. Schedule K-1s will be provided for each partner / member.