Income Tax Services
Income Tax Services
Save Time
Save Time
Earn More
Earn More
File Accurately
File Accurately
Avoid Tax Troubles
Avoid Tax Troubles
File Your Yearly Income Taxes Accurately.
We make sure everything's accounted for.
Filing your income taxes can range from straightforward to complicated depending on a large variety of factors. It's understandable why people seek out experts to help ensure that they file accurately to avoid financial issues with the IRS.
M Tax Preparer LLC
is happy to assist people from all backgrounds with filing their yearly income tax. Whether you're a single filer with no withholding or a married, small business owner with children, there's no tax filing that's too small or too complicated for us to handle.
WHAT FACTORS AFFECT MY INCOME TAX FILING?
What you'll need to file your taxes varies largely depending upon your personal situation. For example, a single, employed individual who doesn't own property can likely file by simply reporting their W-2 information from their employer and calling it a day. But the reality is not often so simple.
The IRS requires you to report all forms of income, be it from your employer, rented properties, pension, gaming, trusts, royalties, and so on. From there, you can benefit yourself by reporting all types of possible deductions you qualify for. This can include student loan interest paid, mortgage interest paid, charity, health insurance, vehicle sales tax, retirement savings, and much more.
Understanding what forms of income are taxable and what types of savings and deduction you can qualify can be complicated. That's why the tax experts at M Tax Preparer LLC
strive to simplify the process and handle the heavy lifting on your behalf.
WILL I GET AN INCOME TAX REFUND?
We'll certainly try to save you all the money possible, but whether or not you get a refund depends on your personal circumstances.
The amount of federal income tax you're required to pay depends upon your total gross income, your filing status (single/married), and any other special circumstances the government might take into consideration. You will fall into one of the tax brackets, which is typically freshly calculated every filing year.
As an example, a single individual making between $39,476 and $84,200 in 2020 is responsible for a 22% tax rate of their income. Your tax preparer will calculate your adjusted gross income (AGI) by applying the valid deductions, and then calculating your tax responsibility from there.
You receive a tax refund only if you ended up overpaying on your tax responsibility during the working year. So long as you're not withholding additional funds for any reason, most tax-payers will end up with some form of refund.
Need a Helping Hand With Your Yearly Taxes?
Our tax professionals are experienced with helping individuals and couples file their yearly income tax, regardless of your filing situation. Get in touch with our team now!