Professional Tax Preparation You Can Count On — Melbourne, FL
Proactive Guidance and Accurate Results: Tax Preparation — Melbourne, FL
The U.S. tax code grows more complicated every year, making it challenging for many taxpayers to stay compliant without guidance from a qualified tax professional. This is especially true for individuals who operate businesses, own rental properties, or have complex financial activity on their personal returns. When reviewing new clients’ previous filings, we consistently uncover major mistakes—errors that can create significant problems down the road. Common issues we find include:
- Incorrect asset basis calculations
- Using improper depreciation methods
- Misclassifying passive losses as nonpassive
- Claiming losses beyond allowable limits
- Failing to track outside basis for business interests
- Not maintaining basis records for IRA transactions
- Overlooked deductions
- Missing or incorrect tax elections
- And many other errors
Expert Tax Preparation for Individuals and Businesses
As part of our new-client onboarding process, we conduct a detailed review of all prior-year tax returns to identify and resolve any issues before preparing the current year’s filings. After addressing those concerns, we begin the preparation process. Our firm specializes in preparing:
- Form 1040 – Individual Tax Return
- Form 1065 – Partnership Tax Return
- Form 1120 – Corporate Tax Return
- Form 1120-S – S Corporation Tax Return
We can also assist with additional return types on a limited basis. Please submit an inquiry for more information.
How Do I Choose the Best Tax Preparation in Melbourne, FL?
Frequently Asked Questions
Find answers to common questions about our services.
What is an Enrolled Agent?
An enrolled agent is a designation granted by the Internal Revenue Service that allows unrestricted representation of taxpayers before all matters with the Internal Revenue Service. Enrolled Agents earn their designation through either passing a three-part comprehensive examination, or through experience as a former Internal Revenue Service employee. Enrolled Agents are subject to ethical standards outlined in Circular 230 and must obtain 72 hours of continuing education every three years to maintain their credential. The Enrolled Agent designation is one of three designations that can represent taxpayers before the Internal Revenue Service, with the other two being Attorneys and Certified Public Accountants.
What types of clients do you specialize in working with?
We specialize in working with individuals, small businesses, and rental property owners located within the State of Florida. We may accept out-of-state clients on an individual basis. Please submit an inquiry on the Contact Us page for details. Unfortunately, we do not work with international taxes, large businesses, syndications, or clients with complicated multi-state tax compliance needs. However, we have many professional relationships with other firms in the industry that we can refer you to so please still reach out to us for assistance!
Are you currently accepting new clients?
Yes! We are still accepting new clients and would be happy to meet with you over a discovery call. There are many firms that are no longer accepting new clients due to staffing issues, and tax laws that have become more complicated every year.
Do you offer virtual appointments?
Of course we do! We are a virtual firm that prides ourselves on using the latest technology to provide professional services to our clients. All our meetings are done through Zoom calls with appointments. This is our preferred method of meeting as it allows us to share our screens with our clients, providing visual aids to simplify complex topics. If you would like to schedule a discovery call, please visit the Schedule Discovery Call link in the top right-hand corner of the website.
How quickly can I expect a response to my inquiry?
We pride ourselves on consistent, professional communication. Every email receives a reply within two business days, and if more time is needed to research or prepare information, we’ll provide an estimated completion time within that same period. Our goal is to make sure you always know where things stand.
When should I start preparing for next year’s taxes?
The best time to start preparing is now! Whether you are just looking for tax preparation only or personalized tax planning, the earlier you start planning the smoother next tax season will be. The last few months of the year are a great time to ensure that your QuickBooks file is complete, accurate, and reconciled. This will drastically speed up when your tax return can get prepared and allows for tax planning as well!
