US Domestic Tax Services

Preparation of Federal, State, and Local Tax Returns:
We offer comprehensive tax preparation services for federal, state, and local returns, ensuring accuracy and compliance across all levels of taxation. Whether you’re filing a simple return or a more complex one with multiple sources of income, we handle the entire process with precision.

  • Form 1040:
    Form 1040 is the standard individual income tax return for U.S. taxpayers. We ensure your Form 1040 is filed correctly, taking into account all income sources, applicable credits, and deductions to minimize your tax liability and maximize potential refunds.
  • Schedule A (Itemized Deductions):
    Schedule A allows taxpayers to itemize their deductions, potentially lowering their taxable income. From mortgage interest to medical expenses, we assist in identifying eligible deductions, ensuring you get the maximum tax benefit.
  • Schedule B (Interest and Dividends):
    Schedule B is used to report interest and dividend income. We report all interest and dividend income as well as applicable deductions to ensure you’re in full compliance with tax regulations while enjoying the benefits available to you.
  • Schedule C (Income or Loss from a Business):
    Schedule C is designed for self-employed individuals or business owners to report income or losses from their business. We help organize and document business-related expenses and revenue to maximize your deductions and ensure accurate reporting.
  • Schedule D (Capital Gains and Losses):
    Schedule D is used to report gains and losses from the sale of capital assets like stocks, bonds, or real estate. We ensure all transactions are properly reported, allowing you to take advantage of tax-saving strategies like offsetting gains with losses or accounting for nonbusiness bad debt.
  • Schedule E (Income or Loss from Rental Real Estate, Royalties, Partnerships, S Corporations, Estates, Trusts):
    Schedule E is essential for reporting income or losses from rental properties, royalties, and investments in partnerships or S corporations. We provide guidance on properly documenting your passive income and deductions, ensuring you comply with tax laws while maximizing benefits.

Determining the Most Beneficial Tax Filing Status:


Choosing the right tax filing status can significantly impact your tax liability. We help you determine the most beneficial filing status—whether Single, Married Filing Jointly, or Head of Household, —based on your personal circumstances to optimize your tax savings.

Reporting Crypto Transactions:


Crypto transactions must be accurately reported to avoid tax issues. We ensure that your cryptocurrency gains, losses, and other transactions are properly documented, helping you comply with IRS guidelines and minimize potential tax liabilities.

Reporting 1031 Exchanges: Form 8824:


A 1031 exchange allows you to defer taxes on the sale of investment property by reinvesting the proceeds in a similar property. We guide you through the process of reporting a 1031 exchange, ensuring that all requirements are met to defer capital gains taxes.

Reporting Installment Sales: Form 6252:


Installment sales allow you to report income over time. We help you properly report sales of property where payments are received in installments, spreading out tax obligations and ensuring accurate income reporting over the term of the sale.

Preparation of Gift Tax Returns: Form 709:


When making substantial gifts, you may be required to file a gift tax return. We ensure that all gifts are reported accurately, and that you stay within the annual exclusion limits while minimizing any gift tax liability.

Preparation of Amended Tax Returns: Form 1040-X:


If you’ve filed a tax return with errors or omissions, we help you file an amended return. We ensure the corrections are made promptly and accurately, potentially increasing your refund or reducing your liability.

Preparation of Late Tax Returns:


If you’ve missed the tax filing deadline, we can help you prepare and file your late returns. we work with you to minimize penalties and interest, ensuring your returns are filed correctly and promptly.

Review of Previously Filed Tax Returns:


A thorough review of your previously filed tax returns can uncover missed deductions, errors, or opportunities for tax savings. We conduct detailed reviews to ensure that your past filings are accurate and compliant, potentially identifying opportunities for amended returns and refunds.