Tax Preparation & Planning

 

Preparing your own and business tax returns can be extremely difficult with today’s complex tax code and might often leave you with more questions than answers. A&M Precision Accountants have been preparing taxes and assisting clients with tax matters for many years!

 

These days, most people and small businesses use a professional tax preparer to assist with the preparation of taxes. Even if you are just filing a simple return, the rules and deductions may change from year to year, and it is easy to overlook these changes and submit an incorrect return. By doing your taxes yourself, you may also end up overlooking deductions and credits.

 

We have the expertise that is needed to help you file your returns while also helping you to minimize your tax liability with careful planning.

Our individual tax preparation includes:

  • Form 1040 – up to 5 W2s (additional W2s may have an additional fee)

  • One Free State Tax Return (if applicable)

  • Child Tax Credit

  • Earned Income Credit

 

 

Additional tax preparation fees:

 

  • Dependent Care Credit

  • Education Credit

  • Itemized deductions

  • Investment Income

  • Rental Properties Schedule E

  • Business Income K1

  • Small Business Schedule C

Multi-State Filings

 

To ensure accurate completion of your tax return, please upload all relevant documents through our client portal. This process is easy and can be done by simply taking a photo of your documents and uploading them to our secure platform. We also accept PDFs and excel documents. Providing these documents is crucial for accurate tax return preparation.

 

 

How do you know what I need?

 

We strive to provide accurate and efficient tax preparation for our clients. To ensure that we have a complete understanding of your tax situation, we kindly request that you provide us with a copy of your prior year's tax return.  Please inform us of any changes or new developments in your current year to ensure that we address any potential issues. We will also review your past returns to identify any missed opportunities or discrepancies, and work with you to find solutions. Our client's information is saved within our system, making it easy to file your taxes with us in the future.

 

Ready to File?

See our tax checklist to guide you in collecting all necessary documentation needed to file!

Business Tax Preparation:

Starting at $400

  • Partnership Tax Return – Form 1065

  • S Corporation Tax Return – Form 1120S
  • Corporation Tax Return – Form 1120

 

Tax Resolution – We can help!

  • Filing of prior year tax returns
  • Tax extensions

Tax Planning

Tax planning is essential in helping you successfully and legally reduce the amount of your tax liabilities. In addition to making sure that your you and your business is tax compliant, we also can suggest many tax saving strategies that will maximize your after-tax income.

 

We offer tax planning to Small Businesses. We will assist you in preparing for tax time and provide you with the tools needed to complete your financial statements so that you are taking advantage of all business deductions and limit your tax liability for the following year.

 

Extra Resources:

Where's My Refund?

  To display the status of your refund you will need your Social Security number or ITIN, your filing status, and your exact refund amount 

 

Make IRS Payment

The IRS accepts full and partial payments, including payments towards a payment plan

  

Tax Information for Individuals

  How to file your taxes: step by step  

 

 

Business Taxes

Tax information for businesses

 

IRS Publications

Find the latest IRS publications which provide guidance and information on various tax-related topics

 

Contacts

Contact@amprecisionaccountants.com

 

Clarissa Marquez, CPA : 631-988-7679

 

Brayan Arias: 631-220-8217

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