Today’s tax laws are so complicated that preparing your own tax return can be a task that leaves you with more questions than answers. Turning your tax preparation services over to a professional will help you stay compliant but also prevent you from overpaying the amount of tax you legally and ethically have to pay.
Wiley CPA takes tax preparation very seriously and we prepare each return utilizing two tax professionals to ensure accuracy. If you feel you have been overpaying in taxes we also offer tax planning services.
Receiving notices from the IRS, State of Florida, or State of Georgia can be daunting.
We are here to navigate you through the issues at hand and come up with a plan to put you back in right standing.
Although a majority of the tax-exempt non-profit organizations don’t pay federal taxes, all of them do have to file an informational return with the IRS.
The Personal Tax Returns form 1040 is due every year to report personal income and deductions from the prior year to the Internal Revenue Service.
We will prepare your 1040 and all other necessary forms to determine how much tax you owe or how much of a refund you can expect.
The tax world for estate and trusts are complex. We are able to help guide you through the tax requirements and refer you to attorneys to assist with the administration.
Tax Form 1065 is how business partnerships report all financial information, including income, gains and losses, deductions, and credits to the IRS.
Partnerships do not pay taxes on income, but they do “pass-through” any profits or losses directly to their owners.
Form 1120 is the U.S. Corporation Tax Return and is taxed at the corporate level, unlike the S-corp and partnerships which are flow-through entities.
Form 1120s is the U.S. sub S Corporation Tax Return and the income and losses flow through at the shareholder level.
S-corporations are required to file annual returns every year, reporting income, expenses, gains, and losses.
Sales tax is decided by the state but collected by the seller. Preparing sales tax reports is a complex process that becomes tedious and time-consuming.
Wiley CPA provides professional services to file and report sales taxes in correspondence with governing statutes.
Planning is the key to successfully and legally reducing your tax liability. Tax planning is beneficial for both businesses and individuals.
We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income to take steps toward your financial goals.
We would love the opportunity to meet you personally or virtually. Fill out our online form, and our team will reach out and schedule an appointment within 24 hours.
The first step to getting better control of your finances is to contact us.