Tax Returns Preparation

[vc_row css=”.vc_custom_1469349413057{margin-top: 50px !important;border-bottom-width: 50px !important;}”][vc_column css=”.vc_custom_1469349461828{margin-bottom: 50px !important;}”][vc_custom_heading source=”post_title” font_container=”tag:h3|font_size:30|text_align:center” use_theme_fonts=”yes” el_class=”heading_center”][vc_column_text]Preparing your own Income Tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government’s General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer. Whether we like it or not, today’s tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there’s no substitute for the assistance of an experienced tax professional.

Your tax return will be checked and rechecked by our computer software identifying potential problems the IRS may look at more closely. We review the math to limit IRS contacts. Your tax return can be filed electronically so you will get a refund back quicker. Our staff will show you how to adjust your payroll withholding to get more money back each week. Why give the IRS an interest free loan for up to 16 months?

We will show you potential deductions to limit your tax liability for next year. In addition, we will give you a sheet of commonly overlooked deductions to limit the following year’s tax liability. At TCF our experts are ready to prepare any kind of returns like:

  1. Individuals:
  1. Residents
  2. Non-resident
  3. Temporary and work visa holders (such as H1, L1, B1 etc)
  4. Students (F1 Visa holders)
  • Corporate & other business entities:
    1. Corporations
    2. S-corporations
    3. Limited liability companies
    4. Limited liability partnerships
    5. Limited partnerships
    6. Partnerships
  • Fiduciary and Other Organizations:
    1. Non-profit organization tax returns (Forms 990, 990PF etc)
    2. Retirement plans (Form 5500)
    3. Trusts, Estates, etc
    4. Gift Tax Returns
  • State Tax Returns
    1. Multi-state filing
    2. Unitary reporting
    3. Water’s Edge Reporting (CA)
    4. Nexus review
  • International Taxation
    1. Foreign branch reporting
    2. Inbound transactions
    3. Outbound transactions
    4. Foreign tax credit & exclusions
    5. DTAA application