Income Tax

Income Tax

Our significant investment in computerized tax preparation and research software enables us to accurately and efficiently prepare returns for various types of entities including individuals, corporations, partnerships, and not-for-profit organizations.

Required documents to keep on file:

  • Copies of Driver’s License or State IDs
  • Copy of Social Security Cards
  • Proof of Residence for dependents claiming EIC

Income Tax Documents

  • Forms W-2 for you and your spouse (Income from jobs)
  • Forms 1099 (-INT, -DIV, -B, etc.),
  • Income from state and local income tax refunds and/or unemployment: forms 1099-G
  • Business or farming income—profit/loss statement, capital equipment information
  • If you use your home for business—home size, office size, home expenses, office expenses.
  • Rental property income/expense—profit/Loss statement, rental property suspended loss information
  • Social Security benefits—forms SSA-1099
  • Income from sales of property—original cost and cost of improvements, escrow closing statement, cancelled debt information (form 1099-C)
  • Other miscellaneous income—jury duty, gambling winnings, Medical Savings Account (MSA), scholarships, etc.

Tax Deduction Documents:

  • Advance Child Tax Credit payment
  • Childcare costs—provider’s name, address, tax id, and amount paid
  • Education costs—forms 1098-T, education expenses
  • Adoption costs—SSN of child, legal, medical, and transportation costs
  • Home mortgage interest and points you paid Forms 1098
  • Investment interest expense
  • Charitable donations—cash amounts and value of donated property, miles driven, and out-of-pocket expenses
  • Casualty and theft losses—amount of damage, insurance reimbursements
  • Other miscellaneous tax deductions—union dues, unreimbursed employee expenses (uniforms, supplies, seminars, continuing education, publications, travel, etc.)  (for tax years prior to 2018 only)
  • Medical and dental expenses​

Call us: 561-945-7324