Taxes? No problem.
Simplify your life & sleep better at night.
Many people can and do prepare and file their own taxes. When that makes sense for you, do it. However, if you receive income from a variety of sources, or you have a number of investments, own your own business, recently purchased a home or had another major life event…it’s probably a good time to work with a tax professional. The tax code is complicated. Mistakes can be costly. Gain peace of mind by knowing your taxes have been prepared and filed by someone who can answer your questions and resolve any issues that may arise.
Much more than just putting numbers on a form.
It’s true. The end of the tax preparation process consists of putting the relevant information on a form, calculating the results, and submitted the form to the appropriate taxing authorities. But before that happens, there is so much more that a fully engaged tax professional can do for you. Much of what you pay when you file your taxes this year is affected by the decisions you made (or didn’t make) last year; how much should you withhold from each paycheck, or how much should you pay in estimated taxes each quarter? Am I required to take money out of retirement accounts (RMDs)? Should I maximize my 401(k) contributions? Is it better to put money into a traditional 401(k) or a ROTH 401(k)? Should I make additional charitable donations? Should I exercise my stock options? Should I harvest my tax losses before the end of the year to offset any realized capital gains I have in my portfolio? These are the situations when your tax professional can add value. adviceandtaxes.com can help.