Individual Tax Preparation
We Can File Your Complicated Taxes
R & I Tax & Bookkeeping Service knows business taxes are confusing. That’s why we offer our clients a wide variety of tax services to complement our accounting and advisory offerings. We take a customized approach to each clients’ tax plan to account for your unique situation and requirements.
R & I Tax & Bookkeeping Service is creative yet conservative in tax preparation, planning and strategy. Our goal is to find and implement thorough tax strategies that defer your tax liabilities and benefit your business in ways that other tax services might miss.
And as with everything we do, we stay current with changes in tax laws and new compliance regulations. Our accounting firm delivers up-to-date, informed tax services, ensuring you’re doing all you can to minimize both your taxes and your liabilities.
A good accountant can provide you so many things, such as giving you insights into things you may have overlooked and improving your financial technology, such as providing your company with accounting software such as QuickBooks.
Here are the following services that we provide:
Personal Income Tax Preparation
Tax Planning and Compliance
Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year.
Here's what you get:
Your tax return will be checked and rechecked by our computer software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
Your tax return can be filed electronically so you will get a refund back quicker.
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.
Here's just a few of the Tax Saving Strategies we use...
Splitting income among several family members or legal entities in order to get more of the income taxed in lower bracket.
Shifting income or expenses from one year to another in order to have them fall where it will be taxed at a lower rate.
Deferring tax liabilities through certain investment choices such as pension plans, contributions and other similar plans.
Using certain investments to produce income that is tax exempt from either federal or state or both taxing entities.
Finding tax deductions by structuring your money to pay for things you enjoy, such as a vacation home.
Remember, we work for you not for the IRS. Many of our clients save many times the fee in reduced tax liability through careful planning and legitimate tax strategies.
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.
Are you overwhelmed with unpaid taxes?
If this is the case, tax repair services can help. Tax repair is a viable solution for those who owe insurmountable taxes, interest, and penalties to the IRS with no means of paying it off or who suspect something is amiss in the amount they owe.
Tax repair involves having accountants analyze the data and provide you with viable and innovative tax solutions.
We are here to assist. Contact us by phone, email or via our Social Media channels.