Professional Tax Services for Individuals
Should I use Professional Tax Services for Individuals to get my taxes prepared?
Deciding whether to pay someone to prepare your tax return depends a great deal on your confidence in crunching numbers and your understanding of tax rules. If you think you need a bit of support filing your tax return correctly, “should” get their taxes done by a professional. This would be a better choice.
Do I need a tax preparer or a CPA?
The two most popular professional credentials for tax preparers are certified public accountant (CPA) and enrolled agent (EA). CPAs are trained in a wide range of accounting procedures and some of them specialize in tax preparation. EAs are trained specifically in tax procedures.
Generally speaking, you don’t need to use a CPA if you’ve got a simple return. If you only file a 1040EZ, or if you file a 1040, but take the standard deduction, a CPA wouldn’t be necessary. A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.
You’re responsible for tracking income coming in and deductible expenses going out, as well as for making estimated tax payments every quarter. If you don’t have a good understanding of estimated taxes, deductible expenses, depreciation, and accounting for inventory, you should probably hire a professional who does.
How much does it cost to pay someone to do your taxes?
For basic tax form preparation for the 2020 tax year, the average cost is about $175. This fee covers the standard 1040 form and state return with no itemized deductions. Please note that each tax situation can be different. It is important to speak with a licensed CPA like Rock Tax firm in Estero, FL. This is the best way to assure you are getting the largest tax return possible for your situation.
Who can help me with my taxes?
Contact the IRS
You can also call the IRS at 1-800-829-1040 or TTY: 1-800-829-4059. Keep in mind that wait times to speak with a representative may be long at this time of year. This option works best for less complex questions.
However, you can reach out to our office today. We are available to answer most questions right away over the phone. In complex situations, we may need to see your documents in order to get you the best advice. We help you with the following areas:
- Federal income tax returns
- State and local taxes
- Multi-state taxation and returns, including Nexus planning and reviews
- International taxation for businesses
- Entity structure taxation
- Sales and use taxes
- Property taxes
- Payroll taxes
- Tax credits
Professional Tax Services around Estero, FL
Call today for expert income tax preparation in Estero, FL. We Also Offer Pick-UP and Drop Off Services Call us today at (863) 866-0895.
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