Contact GPS Tax Services
Tax laws and tax returns at all levels of government, Federal, State and Local, are getting more complicated every year. The pressure on all taxing authorities to generate more revenue to cover increasing government spending and debt is greater than ever. It is important to file accurate tax returns that properly report all taxable income and minimize your tax liability by taking advantage of every deduction that you are entitled to while reducing your risk of an audit. An experienced tax firm using professional tax software is the best way to accomplish this goal.
Many people prepare their own tax returns but often there are events that may require assistance from a tax professional. We can help individual taxpayers who need assistance with the following:
- Organizing accounting information, calculating estimated taxes, and preparing Form 1040 Schedule C (Profit and Loss From Business) for a small business to allow the owner more time and energy for the business
- Splitting income and calculating taxes after relocating to a new state or city
- Reporting rental income and expenses, including calculating depreciation on rental property
- Reporting stock sales and calculating capital gains/losses
- Reporting retirement distributions (IRAs, pensions, annuities), including Qualified Charitable Distributions (QCD)
- Reporting pass-thru income (K-1) from Partnerships, S-Corporations and Trusts & Estates
- Reporting for the death of a taxpayer. We will prepare final tax return for the decedent along with any related Estate/Trust returns
- Recommending appropriate quarterly estimated tax payment and W-2 withholding amounts
- Preparing unfiled tax returns required for entering an IRS Tax Resolution program
- Preparing unfiled tax returns required in anticipation of a bankruptcy filing
GPS Tax Services has seen a lot of taxpayers with unorganized and/or missing accounting information and often need to use “forensic accounting” techniques to help fill-in the blanks. Do not put off filing timely tax returns because of this…we can help you.
We can help protect your money and bank account from aggressive IRS collection activity. To find out how we can help you, please contact us.