Individual Tax Returns

We only have one form to file due to Tax Reform (2018-2025).  This is the Form 1040.

If you have additional income other schedules will be added to your return:

Schedule 1:  used to report capital gains, unemployment compensation, prize or award money, gambling winnings.  If you have any deductions to claim, such as student loan interest deduction, self-employment tax, and the educator expenses.

Schedule 2:  if you owe AMT or need to make an excess advance premium tax credit repayment.

Schedule 3:  if you can claim a nonrefundable credit other than the child tax credit or the credit for other dependents, such as the foreign tax credit, education credits, and general business credit.

Schedule 4:  if you owe other taxes, such as self-employment tax, household employment taxes, additional tax on IRAs or other qualified retirement plans, and tax-favored accounts.

Schedule 5:  if you can claim a refundable credit other than the earned income credit, American opportunity credit, or additional child tax credit.  If you have other payments, such as an amount paid with a request for an extension to file or excess social security tax withheld.

Schedule 6:  if you have a foreign address or a third party designee other than your paid tax preparer.

https://www.irs.gov/forms-pubs/about-form-1040

There are other schedules which are:

Schedule A:  Itemized Deductions

Schedule B:  Interest, and ordinary dividends.

Schedule C:  reporting income or loss from a business operated or a profession practiced as a sole proprietor.  This form is also used for a statutory employee.

Schedule C-EZ:  reporting of qualifying small businesses, and statutory employees with expenses of $5000 of less.

Schedule D:  reporting of capital gains, and losses.  It is also used to report sales, exchanges or certain involuntary conversions of capital assets, and certain capital gain distributions, and non-business bad debts.

Schedule E:  used to report supplemental income, and loss of rental real estate, royalties, partnerships, S corporations, estates, trusts, and residual interest in real estate mortgage investment conduits (REMICs).

Schedule EIC:  used to report the Earned Income Tax Credit for those who qualify.

Schedule F:  used to report profit or loss from farming.  You must use this schedule to report farm income and expenses.

Schedule H:  used by household employers to report household employment taxes.

Schedule J:  used to report income averaging for farmers, and fishermen.

Schedule R:  this is used to report the credit for the elderly or the disabled.

Schedule SE:  used to report self-employment tax.

Schedule 8812:  used to report the Child Tax Credit to those who qualify.

https://www.irs.gov/forms-pubs/schedules-for-form-1040

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Business Tax Returns

Types of business returns:

 

Sole Proprietorship

Form 1040

Partnerships

Form 1065, Form 941 & Form 940

Corporations

Form 1120

Form 1120-W

Form 941

Form 943

Form 940

Excise Tax

S Corporations

1120S

1120S SCH. K-1

1120-W

941

943

940

Excise Tax

Limited Liability Company

Based on your destination:

1120

1065

1040

8832

Cooperative

 

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Preparation of Employee/Contrator Income Forms

Are you a small business with less than 50 employees?  Did you hire a contractor to do work for you?  Do you have employees?  If so, I can prepare, and file your employee forms by the due date.  This date is January 31st of every tax year.

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Payroll

Do you have small business with less than 50 employees?  Are you looking to outsource or switch from another company?  Contact me!

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Prior Year Returns

Do you need to file your prior year returns?  Guess what I do that!  This includes all the filing states.

If you need it done.  Call me!  You have procrastinated enough!!!!

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IRS & State Revenue Letter Resolutions

Have you received a letter from the IRS or your state tax agency?  Well don't let that bother you.  I am here to help you resolve your tax issues.  You can not put it off.  You need to take care of it as soon as possible.

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Amended Returns

Did you unintentional forget a tax form or an income document on your tax return?  Did you try self-preparation, and don't feel like you knew what you were doing?  Do you just need a tax return verification.  I will check your current year or prior year tax return(s) for error(s).  If it needs to be corrected I will do that for a fee.  Just give me a call or leave a message on my website.

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Notary Services

If you need any of the following documents notorized.  Please contact me:

Power of Attorney (POA)

Deeds

Wills

Trusts

Rental Agreement

Assignments

Demand Letter

Affidavits

Contracts ......etc.

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ITIN Services

"Coming soon"

An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service. The IRS issues ITINs to individuals who are required to have a U.S. taxpayer identification number but who do not have, and are not eligible to obtain, a Social Security number (SSN) from the Social Security Administration (SSA).

IRS issues ITINs to help individuals comply with the U.S. tax laws, and to provide a means to efficiently process and account for tax returns and payments for those not eligible for Social Security numbers. They are issued regardless of immigration status, because both resident and nonresident aliens may have a U.S. filing or reporting requirement under the Internal Revenue Code. ITINs do not serve any purpose other than federal tax reporting.

An ITIN does not:

  • Authorize work in the U.S.
  • Provide eligibility for Social Security benefits
  • Qualify a dependent for Earned Income Tax Credit Purposes

https://www.irs.gov/individuals/individual-taxpayer-identification-number

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Self-employment Specialist

Are you thinking about starting your own business?  Do you have a business, and need help with what your deductions are?  Do you need to know how to track of you business miles, meals, and travel expenses?  Do you work for a ride-sharing company or a delivery service that you use your vehicle for?  I am here to help you learn how to keep track of your income, and expense.  If you need me, contact me!

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How I can help you build a better future...

Did you run into hard times or change jobs, and need to know what to do about your 401(k) plan?  Do you need to withdrawal monies from your pension?  Do you have a young adult going into college?

Are you:

buying a house?

having a baby?

going to college?

getting married?

working in one state, and living in another?

Whatever it maybe, and you need tax advice, call me!