Individual & Family Tax Preparation

Tax preparation is the process of preparing tax returns, usually income tax returns, often for a person other than the taxpayer, and generally for compensation in Atlanta. This process is carried out for both individual taxes and family taxes.  Thus, individual and family tax preparation can be roughly described as the act of preparing tax returns for taxes paid by individuals and families.

Tax prep may be done by the taxpayer with or without the aid of tax preparation software and on-line services. Tax preparation may also be done by a licensed professional tax preparer. Certified professionals like attorney, certified public accountant or enrolled agent, or an unlicensed tax preparation business could act as a tax preparer. Due to the complications and complexities of United States income tax laws, many taxpayers seek outside assistance from tax preparers with taxes. Some states have licensing requirements for people who prepare tax returns for a fee and some for fee-based preparation of state tax returns only.

We pride ourselves at getting  IRS tax refunds fast and efficiently.  Many of our clients fall for the large tax preparers who rely only on volume and not quality.  Let us get you your maximum refund for yourself and your family.

Since individual and family tax prep involves preparing tax returns, it becomes necessary to have a good grasp of tax returns. Tax returns, in the United States, are reports filed with the Internal Revenue Service (IRS) or with the state or local tax collection agency. They contain information used to calculate income tax or other taxes. They are usually set up in a worksheet format, where the income figures used to calculate the tax liability are written in the documents themselves. IRS tax returns must be filed each year for all individuals or businesses that received income during the year, whether through wages, dividends, interest, capital gains, or other profits. They are generally prepared using forms prescribed by the IRS or other taxation authority.

An IRS tax return should not be mistaken for IRS refund. IRS refund or tax rebate is the return of excess taxes paid during a given tax year. In other words, IRS refund is a refund on taxes when the tax liability is less than the taxes paid. This means taxpayers can get a tax refund on their income tax if the tax they owe is less than the sum of the total amount of the withholding taxes and estimated taxes that they paid, plus the refundable tax credits that they claim. Tax refunds are usually given back at the end of the financial year in monetary form.

Our suite of services include: federal and state income tax return preparation, preparation of amended tax returns, and income tax planning for multiple years and many different situations.

SPECIAL CIRCUMSTANCES APPLY, MOST PEOPLE DO NOT QUALIFY:

United States federal Earned Income Tax Credit or Earned Income Credit (EITC or EIC) is a federal tax credit program created in 1975. Clearly put, it is a refundable tax credit used to shield low-income to moderate-income working individuals and couples, particularly those with children from rising payroll taxes. The amount of EIC benefit depends on a recipient’s income and number of children. For someone or a couple to claim one or more persons as their qualifying child, requirements such as relationship, age, shared residency and few more must be met.

It is a struggle making low to moderate levels of income, and we would like to help you when it comes time for your tax return. We know that tax time is one of the hardest parts of the year, and most people dread it. We will process your tax return for half price, if you are an earned income credit qualifier!