Tax Preparation
Are you or will you, be signing up to be a Recurring Bookkeeping Client?
Yes
Fantastic!
This means that 90% of the work is already done (at least if you a have a business).
From here depending on your tax return that needs to be filed, the following will happen:
If you are a C-Corporation (1120), S-Corporation (1120S), or a Partnership (1065) then once your books have gone through the final review process at the end of the year and we’ve insured we’ve got all the deductions possible - your Financials will be passed along to our tax preparers who will efficiently draft your return.
If you are a Sole Proprietorship/LLC (1040 + Schedule C / Schedule E [Rental Properties]) then in December of the Tax Year a Tax Organizer will be released on our Website, Requested via your Client Portal, and mailed directly to you (Only if you did taxes with us the year prior). Once the Organizer has been received with its corresponding supporting documentation, then one of our tax preparer will make sure they are getting all the deductions possible.
Once your return is drafted we will:
Automatically charge the account information that was provided when you accepting your estimate
Upload a copy of the form 8879 for signature
Request If you would like to pick up a physical copy, have one mailed out, or forgo the physical copy all together.
Provide an electronic copy of your return in your Financial Cents Portal for access at any time.
*If you would like to review the return prior to signing the 8879 you can always request a review appointment first.
No
No worries at all!
For both Individual and Business Tax Client who come to see us only once a year, we start off each year the same - with your Annual Tax Consultations with one of our tax professionals. During that time they will go through the Tax Organizer with you and review any documents you brought in. Anything else needed will be requested via the client portal.
Once the Organizer has been received with its corresponding supporting documentation then your tax preparer will get to working!
Once your return is drafted we will:
Automatically charge the account information that was provided when you accepting your estimate
Upload a copy of the form 8879 for signature
Request If you would like to pick up a physical copy, have one mailed out, or forgo the physical copy all together.
Provide an electronic copy of your return in your Financial Cents Portal for access at any time.
*If you would like to review the return prior to signing the 8879 you can always request a review appointment first.
*If you’ve opted in to have a catch up/clean up of your books. Then once we’ve reviewed your final financials together - we will start on your return as if you were a recurring client (see the steps to the left).