As a tax preparer, I am responsible for income tax preparation for individuals and businesses. I will identify potential tax credits and liabilities and ensure accurate and complete returns are filed in a timely manner. I will complete tax forms in accordance with policies and in compliance with legislation and regulations. When you trust Me with preparing your taxes, you’re choosing to work with a dedicated tax professional who’ll help you get every deduction you’re entitled to but REMEMBER you have to have your RECEIPTS!
What documents do I need to file my taxes?
In addition to proof of your identity, and the identities of your family members, documents you should bring to a tax preparer include:
Social Security documents
Income statements such as W-2s and MISC-1099s
Tax forms that report other types of income, such as Schedule K-1 for trusts, partnership and S corporations
Tax deduction records
Tax Deduction Documents
Tax deductions can reduce your taxable income and, ultimately, your tax bill. Here are some forms you'll need to document your major deductions:
Form 1098, your Mortgage Interest Statement, which comes from the company that services your mortgage loan
Form 1098-C for the donation of an automobile, boat or aircraft worth more than $500 to a tax-exempt organization
Form 1098-E for interest you paid on a student loan during the preceding year
Form 1098-T, the Tuition Statement, documenting how much you paid in tuition for post-secondary education
Form 1040ES copies, for a record of estimated tax payments made
5. Receipts for expenses
If you'd like to deduct expenses from your personal or business income taxes, share your receipts for those expenses with your tax preparer. Tax-deductible personal expenses include:
IRA contributions, and
Certain education expenses.
If you're self-employed, many business expenses are also tax deductible. To document both personal and business expenses, make sure you have all your receipts, invoices, medical bills, and mileage logs.
It's also a good idea to have a copy of your latest tax return on hand. Your tax return will serve not only as a roadmap to your typical income and deductions, but also point out any major changes that may have occurred in the last year and any possible discrepancies between your returns.