Personal Tax Services

Our Personal Tax Services cater to individuals seeking expert assistance with their tax needs. Whether you require tax preparation, filing, or advice on tax planning strategies, our dedicated team is here to help. We strive to ensure compliance with tax laws while maximizing deductions and credits to optimize your tax situation and minimize your tax burden.

Taxes Are a Total...Nightmare

Taxes are a complete nightmare, causing stress, frustration, and confusion. Dealing with paperwork, deadlines, and complex regulations can feel overwhelming and exhausting for many people.

Did you know?

Did you know? Precision provides a comprehensive template for small
businesses, simplifying tax management and maximizing efficiency.

This is What Great Tax Planning Looks Like

Avoid entrusting your taxes to amateurs.

Steer clear of amateur tax preparers; opt for seasoned professionals to ensure accuracy and compliance with regulations, safeguarding your financial interests and minimizing potential errors or penalties.

Find a CPA by Specialty

Tax strategizing, tax organization, tax encompassment.

Tax Preparation
Offer in Compromise (OIC)
IRS & State Audit Representation
IRS and state installment agreements
Tax Planning
Amended Tax Returns

Areas of specialization

Areas of expertise typically refer to specific subjects or industries where an individual
or entity has a deep understanding, skill, or knowledge. For instance, someone might
have an area of specialization in finance, marketing, engineering, medicine, or law.

1031 Exchange

A 1031 exchange, also known as a like-kind exchange, refers to a tax-deferred transaction allowed under the Internal Revenue Code (IRC) Section 1031. It enables an investor to sell a property and reinvest the proceeds in a similar property without paying capital gains taxes on the sale, as long as certain criteria are met.

Stock Compensation

Stock compensation refers to a form of employee compensation wherein a company grants its employees shares of the company's stock or rights to purchase shares at a predetermined price. This type of compensation is often used to attract and retain talent, align employees' interests with those of shareholders

Legacy and trust planning

Legacy and trust planning involves the strategic organization and management of your assets to ensure their smooth transfer to beneficiaries according to your wishes. This process includes setting up trusts, drafting wills.

Foreign Tax

Foreign tax refers to taxes imposed by a country on income earned within its borders by residents and non-residents. This can include taxes on wages, dividends, interest, royalties, and business profits. For individuals and businesses with international income, managing foreign tax obligations is crucial to avoid double taxation.

Sarah Johnson

Precision Tax & Accounting has been a game-changer for me. Their meticulous attention to detail and expert knowledge in tax matters have truly set them apart. I've found their services to be incredibly reliable and efficient. They make the tax process seamless and straightforward, ensuring compliance while maximizing returns. What impresses me the most is their dedication to personalized service; they take the time to understand my specific financial situation and provide tailored solutions. With Precision Tax & Accounting, I have peace of mind knowing that my taxes are in capable hands. I highly recommend them to anyone seeking top-notch tax assistance.

David Smith

Precision Tax & Accounting has been an absolute game-changer for me. Their expertise in tax matters has saved me both time and money. Their personalized approach made me feel valued as a client, and I appreciate their dedication to ensuring I get the best possible outcome. With Precision Tax & Accounting, I have peace of mind knowing that my taxes are in capable hands. I highly recommend their services to anyone seeking reliable and efficient tax assistance.

Emily Brown

I was hesitant FAQ investing in cryptocurrencies, but their expertise and guidance made me feel confident. I've seen great returns! and I appreciate their dedication to ensuring I get the best possible outcome. With Precision Tax & Accounting, I have peace of mind knowing that my taxes are in capable hands. I highly recommend their services to anyone seeking reliable and efficient tax assistance.

Michael Chen

Their financial organization services helped me get my business finances in order. Now, I feel much more prepared for the future.As an AI language model, I don't have access to personal information FAQ individuals unless it has been shared with me in the course of our conversation. Therefore, I don't have any information FAQ Michael Chen's opinion on Precision Tax & Accounting or any other subject. If you'd like, I can provide a general opinion on Precision Tax & Accounting based on typical customer feedback or offer assistance with another query.

Lisa Rodriguez

I've been impressed with their personalized approach to wealth management. They took the time to understand my goals and tailor their advice accordingly.Precision Tax & Accounting has been an invaluable asset to my financial planning. Their expertise and personalized service have helped me navigate complex tax situations with ease. I appreciate their attention to detail and proactive approach in finding deductions I wouldn't have considered on my own. With Precision Tax & Accounting, I feel confident knowing my taxes are handled accurately and efficiently. I highly recommend their services to anyone seeking expert tax assistance.

James Thompson

Precision Tax & Accounting has truly exceeded my expectations. Their team's professionalism and expertise have been instrumental in helping me navigate various tax challenges. They took the time to understand my unique financial situation and provided tailored solutions that optimized my returns. With Precision Tax & Accounting, I feel empowered and confident in my financial decisions. I highly recommend their services to anyone looking for reliable and personalized tax assistance.

Tax FAQs

What is the deadline for filing taxes?

The deadline for filing federal income tax returns in the United States is typically April 15th each year. If this date falls on a weekend or holiday, the deadline may be extended.

Can I file for a tax extension?

Yes, you can request a six-month extension to file your tax return by submitting Form 4868 to the IRS. This extension does not grant additional time to pay any taxes owed.

What is a tax deduction?

A tax deduction reduces your taxable income, potentially lowering your overall tax liability. Common deductions include mortgage interest, charitable contributions, and medical expenses.

What is a tax credit?

A tax credit directly reduces the amount of tax you owe, offering a dollar-for-dollar reduction. Examples include the Earned Income Tax Credit (EITC) and the Child Tax Credit.

How do I check the status of my tax refund?

You can check the status of your tax refund using the IRS’s "Where’s My Refund?" tool available on their website or by calling the IRS refund hotline.

What should I do if I can’t pay my taxes by the deadline?

If you can’t pay your taxes in full by the deadline, you should still file your return on time to avoid penalties. You can also set up a payment plan with the IRS to pay your taxes over time.

What is the Alternative Minimum Tax (AMT)?

The AMT is a parallel tax system designed to ensure that high-income individuals pay a minimum amount of tax. It disallows certain deductions and credits available under the regular tax system.

What is the Foreign Earned Income Exclusion (FEIE)?

The FEIE allows U.S. citizens and resident aliens living abroad to exclude a certain amount of foreign-earned income from their taxable income, subject to eligibility requirements.

Find Your Unexpected Standout CPA

Find Your Unexpected Standout CPA" suggests the idea of discovering a CPA who surpasses expectations and
stands out among others in terms of skill, expertise, and service quality. This phrase emphasizes the
potential for finding a hidden gem or standout professional when searching for a CPA.

Locations

Find us in multiple convenient locations near you, offering expert tax assistance and personalized financial services. Visit us today!

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