Dear valued customers, Unfortunately, due to the recent COVID-19 outbreak we have temporary hours we are in the office and unable to take sitting meetings at this time. This is a difficult time for our business, so we thank you for your patience and support. We are doing DROP-OFF ONLY & Accepting All tax documents through EMAIL: TAXGUYSHOP@GMAIL.COM Thanks, and stay safe! 267-385-5500

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TAX PREPARATION & E-FILE SERVICES

Tax preparation is the process of preparing tax returns, often income tax returns, often for a person other than the taxpayer, and generally for compensation. Tax preparation may be done by the taxpayer with or without the help of tax preparation software and online services. Tax preparation may also be done by a licensed professional such as an attorney, certified public accountant or enrolled agent, or by an unlicensed tax preparation business. Because United States income tax laws are considered to be complicated, many taxpayers seek outside assistance with taxes (59.2% of individual tax returns in 2007 were filed by paid preparers).[1] The remainder of this article describes tax preparation by someone other than the taxpayer.

30 minutes

MOBILE NOTARY PUBLIC

A Notary Public is an official of integrity appointed by state government —typically by the secretary of state — to serve the public as an impartial witness in performing a variety of official fraud-deterrent acts related to the signing of important documents. These official acts are called notarizations, or notarial acts. Notaries are publicly commissioned as “ministerial” officials, meaning that they are expected to follow written rules without the exercise of significant personal discretion, as would otherwise be the case with a “judicial” official.

$30 · 30 minutes

NOTARY PUBLIC (IN OFFICE)

A Notary Public is an official of integrity appointed by state government —typically by the secretary of state — to serve the public as an impartial witness in performing a variety of official fraud-deterrent acts related to the signing of important documents.

Starting at $5 · 5 minutes

BOOKKEEPING & ACCOUNTING SERVICES

While bookkeeping and accounting are both essential business functions, there is an important distinction. Bookkeeping is responsible for the recording of financial transactions. Accounting is responsible for interpreting, classifying, analyzing, reporting and summarizing financial data. Bookkeeping is the process of recording daily transactions in a consistent way, and is a key component to building a financially successful business. Bookkeeping is comprised of: Recording financial transactions, Posting debits and credits, Producing invoices, Maintaining and balancing subsidiaries, general ledgers, and historical accounts, Completing payroll.

Starting at $500 · 5 hours

TAX FORM 1040EZ

IRS Tax Form 1040EZ is the shortest federal individual income tax form. It is designed for taxpayers whose filing status is “single” or “married filing jointly” with no dependents. The 1040EZ is less complex than Tax Form 1040 and Tax Form 1040A, so it generally takes less time to fill out and process.

Free · 10 minutes

TAX FORM 1040A (SHORT FORM)

It is also known as “the short form” because it is a two-page form that is less complex than IRS Tax Form 1040. Tax Form 1040A covers more than Form 1040EZ, and it allows taxpayers to report common types of income, credits, and deductions.

Starting at $75 · 30 minutes

TAX FORM 1040 (LONG FORM)

It is also known as “the long form” because it is more extensive than the shorter 1040A and 1040EZ Tax Forms. Also unlike the other tax forms, IRS Form 1040 allows taxpayers to claim numerous expenses and tax credits, itemize deductions, and adjust income.

Starting at $85 · 1 hour

SCHEDULE EIC

A special tax credit, known as the earned income credit or EIC, is available to lower-income taxpayers who have at least some earnings from personal services during the year. In order to be eligible for the EIC, you must earn at least $1 during the year at a job or self-employment, and meet other income requirements. After you have figured your earned income credit (EIC), use Schedule EIC to give the IRS information about your qualifying child(ren). To figure the amount of your credit or to have the IRS figure it for you, see the instructions for Form 1040A, lines 42a and 42b, or Form 1040, lines 66a and 66b.

Starting at $150 · 15 minutes

SCHEDULE A (FORM 1040)

Schedule A is a U.S. income tax form that is used by taxpayers to report itemized deductions, which can help reduce an individual's federal tax liability. The Schedule A form is attached as an optional supplement to the standard 1040 form for U.S. taxpayers paying annual income taxes

Starting at $50 · 30 minutes

SCHEDULE C (FORM 1040)

Use Schedule C (Form 1040) to report income or (loss) from a business you operated or a profession you practiced as a sole proprietor. An activity qualifies as a business if your primary purpose for engaging in the activity is for income or profit and you are involved in the activity with continuity and regularity.

Starting at $250 · 45 minutes

SCHEDULE D (FORM 1040)

The Schedule D form is what most people use to report capital gains and losses that result from the sale or trade of certain property during the year. Most people use the Schedule D form to report capital gains and losses that result from the sale or trade of certain property during the year.

Starting at $75 · 35 minutes

SCHEDULE E (FORM 1040)

Use Schedule E (Form 1040) to report income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, and residual interests in REMICs. You can attach your own schedule(s) to report income or loss from any of these sources. Use the same format as on Schedule E.

Starting at $100 · 30 minutes

FORM 1120 (LLC & C CORP TAX RETURN)

Form 1120 (officially the "U.S Corporate Income Tax Return") is one of the IRS tax forms used by corporations (specifically, C corporations) in the United States to report their income, gains, losses, deductions, credits and to figure out their tax liability.

Starting at $400 · 1 hour 30 minutes

FORM 1120S (S CORPORATION TAX RETURN)

Form 1120S is a tax document used to report the income, losses and dividends of S corporation shareholders. Essentially, Form 1120S is an S corporation's tax return. Even though the S corporation does not pay income tax, it has a responsibility to file an annual tax return on Form 1120S. This tax form is for informational purposes only and provides the IRS with an aggregate view of the business' earnings and expenses. f the S corporation is unable to file by March 15, it can obtain an automatic six-month extension of time to file by filing IRS Form 7004. The shareholders who pay tax on the corporate income are subject to the same deadlines the IRS imposes on individual taxpayers, which in most cases is April 15 every year.

Starting at $400 · 1 hour 30 minutes

FORM 1065 (PARTNERSHIP CORPORATE TAX RETURN)

Form 1065 is an information return used to report the income, gains, losses, deductions, credits, etc., from the operation of a partnership. A partnership does not pay tax on its income but “passes through” any profits or losses to its partners on a Schedule K-1

Starting at $400 · 1 hour 30 minutes

ALL STATE TAX RETURNS

WE FILE ALL 52 STATES TAX RETURNS HERE. WHEN WE DO YOUR FEDERAL TAXES, WE ALSO INCLUDE YOUR STATE RETURN.

$50 · 10 minutes

AMENDED FEDERAL & STATE TAX RETURNS

An amended return is a return filed in order to make corrections to a tax return from a previous year. An amended return can be used to correct errors and claim a more advantageous tax filing. For example, one might choose to file an amended return in instances of misreported earnings or tax credits

Starting at $150 · 2 hours

CONSULTATION

A meeting with an Tax accountant to talk about a problem or questions about your taxes. Taxes can be stressful and confusing, but our consultants can make it easy. Take advantage of our tax consultation and we will start helping you.

Starting at $150 · 1 hour

TAX GUY