Tax Preparation
Tax Preparation
Tax preparation is a daunting task for everyone. Every year an individual must file tax returns about their income, expenses, and savings whereas for businesses with reportable income, interest, dividends, capital gains, and other profit. In the United States, tax returns are generally prepared using forms mandated by the IRS (Internal Revenue Service). Many times you get obfuscated about the umpteen norms about deductions and tax liability.
We at RP & Accountants assist in preparing your taxes
- We gather all the annual tax-related documents that record your taxable income and deductible expenses
- Take a copy of the previous year's Taxes for reference
- We assess your tax based on income, deductions, and tax liability accurately
- We schedule your tax payments and request refunds for any previous overpaid taxes
- We provide representation services to the IRS as well as state and local taxing authorities.
- We keep all the documents related to income, deductions, and credits on your tax return, until the period of limitations.