Preparation
We prepare and electronically file tax returns for clients. Tax information (W-2s, 1099s, etal) can be delivered, mailed, or sent electronically. Guidelines of how electronic documents can be password protected by the client are given.
Tax returns are then sent to the client password protected. If the returns meet with the client’s approval, and signed authorization is emailed back and the returns are electronically filed, with the taxing authorities’ submission IDs number sent back to you as documentation of filing.
Planning and Advice
Prior to filing a tax return, a client may have questions about the tax implications of an event, such as the receipt of a class action settlement, or an action under consideration, or the reporting of a child’s income from a job and investments, and are advised accordingly.
Income tax planning may also involve deciding whether to gift an asset to a child, or if it is advisable to hold the asset. The income tax differences can be significant.
