Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government's General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.
Whether we like it or not, today's tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there's no substitute for the assistance of an experienced tax professional.
VAAS boasts a wealth of knowledge in the tax arena. This service is one of our core competences. We understand your need to identify the best ways to minimize the amount you pay in taxes. We capture all necessary details that pertain to the tax laws and their effect on your business and/or personal finances. We will work with each client in a collaborative relationship that capitalizes in your favor. In short, our service approach will be tailored to meet your specific needs.
Here's what your get...
- Your tax return will be checked and rechecked by our computer software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
- Your tax return can be filed electronically so you will get a refund back quicker.
- Our staff will show you how to adjust your payroll withholding to get more money back each week. Why give the IRS an interest free loan for up to 16 months.
- We will show you potential deductions to limit your tax liability for next year. In addition, we will give you a sheet of commonly overlooked deductions to limit the following year's tax liability.
- Identify tax Strategies and resolving tax issues.
- Uncovering and defining major tax and cost reduction opportunities.
- Obtaining, reviewing, approving, and forwarding all tax statements to the appropriate department so that payments can be made.
- Designing the approach that will make available the latest tax issues that affect individuals, sole proprietors, partnerships and corporations.
Books a Mess: No Problem!
If you own a small business and haven't kept up your bookkeeping, don't worry. We can help you. We'll prepare your bookkeeping for the year, prepare a full Schedule C, as well as your personal income tax return. Then we'll help you set up an easy system that allows you to keep your books in tip-top shape next year.
