Tax Services for Individuals, Businesses, and Estates

Complete tax preparation for all business entities, ensuring accurate reporting, compliance, and tax-efficient outcomes. This includes organizing financials, identifying deductions, reviewing payroll and shareholder activity, and filing all required federal and state returns.

Types of Business Tax Returns Prepared:

• S-Corporations (Form 1120-S)
• C-Corporations (Form 1120)
• Partnerships & Multi-Member LLCs (Form 1065)
• Single-Member LLCs (Schedule C)
• Nonprofits (Form 990)
• Employment Tax Filings (Forms 940, 941, W-2, 1099)
• State business returns, franchise taxes, and local filings as required

U.S. citizens and resident aliens living abroad still have U.S. tax filing requirements. The main mechanisms to avoid double taxation (paying taxes in both the U.S. and the foreign country) are:

• Foreign Earned Income Exclusion (FEIE): This allows eligible individuals to exclude a certain amount of their foreign-earned income from U.S. taxation
• Foreign Tax Credit (FTC): You can claim a dollar-for-dollar credit against your U.S. tax liability for income taxes paid to a foreign government.
• Tax Treaties: The U.S. has income tax treaties with many foreign countries to prevent double taxation and foster cooperation. These treaties often include a "saving clause" that still allows the U.S. to tax its citizens and residents on their worldwide income, but they may offer specific benefits, reduced rates, or exemptions for certain types of income.