IRS, back taxes, prepared, lost w2s, 1099s
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Back taxes prepared, quick, easy, efficient
and confidential online tax service
secured fax line - email - USP service If, the IRS has levied your wages or bank account based on Substitute Returns, we can help |
past due returns pricing
$49.00 - Federal
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$85.00 - Federal Basic Tax Return, One Year Back Taxes Includes (2) real estate. Does not include rental property, 1099B or business |
$120.00 - Federal & State Basic Tax Return, One Year Back Taxes, Includes (2) real estate, rental property or 1099B or Schedule C (business) |
past due returns blogTax Savings Bookkeeping vs. Regular Bookkeeping A world of difference when it comes to preparing your 1040 - Schedule C, annual taxes. Regular bookkeeping is great for qualifying for a loan, or securing additional working capital or expansion monies. However, when it comes to tax preparation, the balance sheet and the profit and lost sheet are of little value when completing a 1040 - Schedule C form. The IRS wants particulars. And they require that that these particulars be broken down into IRS categories, as shown on a Schedule C. The software that we use for bookkeeping, provides the standard profit and loss statement and balance sheet, as well as individualized information that helps to identify legal tax deductions. Accountants, are not necessarily tax professionals. A tax accountant looks for everything "taxes" and pulls the information out to be placed onto the Schedule C. If you are self employed and have heavy tax liabilities, each year, you may want to consider a Tax Accountant/Bookkeeper. If your business is a corporation, your CPA (Certified Public Accountant) is more concerned with the end result of your corporate tax return. However, if you are a small business owner who reports on a 1040 - Schedule C, you may want to hire a tax accountant with bookkeeping skills, who will be more concerned with your "personal income tax return" (which includes your business return) An accountant delivers his/her reports based on the information the bookkeeper provides. A bookkeeper keeps records of financial transactions, such as sales, purchases, income, and payments. It is within the bookkeeper's responsibilities, to know and understand the tax deductions. Tax savings bookkeeping, automatically sorts transactions into business write-off categories. What looks good on the profit and lost statement might not look so good on the tax return, especially when you have to pay more taxes. in the old days, the bookkeeper use to keep two sets of books, one for the bank and one for the IRS. This doesn't mean that either of the set of books were incorrect. It only meant that the IRS is looking for one thing, and the Bank is looking for another. Very little has changed over the years, except now, we have QuickBooks. The reports within the QuickBooks software, is where the Tax Savings Bookkeeper finds his/her documentation to prepare a true and correct 1040 - Schedule C return. The most well protected 1040 - Schedule C, taxpayers, are those, who have a qualified bookkeeper for tax savings-bookkeeping and a CPA for actual filing. Contact me now for more information on Tax Savings Bookkeeping for your Schedule C Business. What new business owners need to know An accounting method is a set of rules used to determine when and how income and expenses are reported. You choose an accounting method for your business when you file your first income tax return. There are two basic accounting methods.
Bookkeeping includes record keeping for all financial transactions, income, accounts payable, purchases, exchanges, trades and depreciation.
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