Frequently asked questions about our services.
Are there hidden fees involved?
No, there are no hidden fees. All services are transparent, and pricing is provided upfront.
What tax deductions can I claim as a W-2 employee?
Common deductions include student loan interest, retirement contributions, and certain job-related expenses not reimbursed by your employer.
How can I maximize my tax refund as a W-2 employee?
Maximize your refund by ensuring all eligible deductions and credits are applied, such as the standard deduction or child tax credits
Do you offer services for business owners as well?
Yes, we offer tax return services for business owners, including popular forms like S-Corp (1120S), LLC (1065), C-Corp (1120), and partnership returns. We can also assist with filings related to sole proprietorships, nonprofits, and more.
What are the benefits of incorporating my business for tax purposes?
Incorporating can help with tax deductions, limited liability protection, and potential tax advantages like lower self-employment taxes.
How can I optimize my tax filings as a small business owner?
Track all business expenses, claim eligible deductions, and consider strategies like retirement contributions to reduce taxable income.
What should I do if I owe taxes and can’t pay?
You can set up a payment plan with the IRS to pay over time or explore other options like an offer in compromise.
What’s the difference between write-offs and deductions?
Both reduce your taxable income, but write-offs refer to specific expenses, while deductions are broader expenses that lower your overall tax liability. Both help lower your taxes owed.