Individual Tax Services
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.
Tax Strategies and Planning
Planning is the key to minimizing current and future tax liabilities. In addition to your tax liability, we take a proactive approach to recommending strategies that maximize your after tax income.
IRS Problem Resolution
Have you received a notice from the IRS? Perhaps you owe back taxes? Do you need more time to pay your tax bill? We are here to help you resolve your tax problems in the most efficient manner.
Business Tax Services
For businesses, the tax laws are constantly changing. At FAA Tax, we keep abreast of all changes, so you can focus on your business. We work with business of all sizes, including S Corporations, Partnerships, LLCs and Sole Proprietorships. Examples of some of our business tax preparation and related services include:
- Preparation of quarterly and yearly tax returns
- Preparation of W-2's, 1099's, and year end employment taxes
- Full accounting services
- Consulting services
- Building of financial statements, balance sheets, etc.
Entity Selection and Setup
When starting a new business, correct planning is the key to long-term success. It is important to choose the right legal structure. Your entity choices can be difficult to understand. We are here to help you through this decision process and begin your journey as a business owner.
QuickBooks Setup and Support
QuickBooks is the ideal business accounting software for small to mid-sized firms. Although it is designed to be user friendly, the initial setup and installation can be tricky. Save time and frustration by allowing us to setup QuickBooks for you correctly. We are also available for set-up and support for varying issues.