Services
If you’re looking for a firm that will focus on your individual needs, and always treat you like a client who matters, look no further. My firm is large enough to offer a full range of professional services, but small enough to give you the individual attention that you deserve.
I will thoroughly and conscientiously study your personal situation, and tailor my advice to your specific needs.
Tax Preparation & Planning
Effective tax preparation and planning can help you to minimize your future tax liability. Taxes may be a certainty in life, but worrying about them doesn’t have to be. For individuals, I can save you time, money and stress by preparing and filing your returns, while claiming every allowable deduction and credit. For businesses, I can help by minimizing your tax liability, while ensuring that you stay in compliance with all federal, state and local regulations.
Accurate and timely filing of returns is only the beginning of an effective tax strategy, however. Every personal or business financial decision, from buying a house to selling investment holdings, from expanding staff to replacing aging equipment, can have significant tax implications. Successful tax planning rests on understanding all of these impacts before the decision is made, so that you can act at the most advantageous time. Let us show you how.
Our country’s ever-changing tax code places heavy burdens on both individuals and companies, but it also holds extraordinary opportunities if you know where to look. I am here to guide you along the path from basic tax compliance to a strategy for long-term tax minimization.
Estate & Trust Tax Preparation
Estate matters affect everyone. By taking proactive steps today, you can ease the way for your heirs during a very difficult time. My services include estate planning to simplify property transfers to heirs, minimizing tax liability so heirs receive the maximum benefit, and tax preparation after a loved ones’ passing.
I will work with you and your attorney to structure your estate and/or trusts with an eye toward minimizing tax liability, smooth fulfillment of your bequeathal directives and, when possible, avoidance of the long process of probate. In the event that you wish to begin distributing assets to your heirs during your lifetime, I can also assist with IRS gift reporting requirements.
When a loved one passes away, I can prepare and file any required final tax returns for the decedent and any associated trusts. I lift the paperwork burden off your shoulders, so you can focus on the far more important matter of spending time with your family during a difficult transition.
IRS Representation
Whether you receive an IRS notice or just a request for clarification about an item on your personal or business tax return, the thought of facing the IRS by yourself can be overwhelming. Unfortunately, many tax preparers are not prepared to represent you before the IRS.
I am a registered professional tax preparer; I have taken extensive classes and have passed the accompanying examinations for the AFSP Record of Completion.
My information is entered into the Directory of Federal Tax Return Preparers with Credentials and Select Qualifications.
I am not an Attorney and cannot represent anyone in Tax Court or give legal advice, I am, however, able to represent my clients before the IRS in a limited scope, and I will advocate on your behalf and help you assemble any documentation requested by the IRS, so that you are never fending for yourself.
ITIN Applications
The purpose of Individual Taxpayer Identification numbers is for those people who do not qualify to apply for a Social Security Card so that they may participate in the work force, start businesses etc. file tax returns, pay income taxes, and apply for any credits that they may be entitled to receive. To this end the IRS has a program, the Acceptance Agent program, that provides for the facilitation of this process.
I have completed the training and passed all examinations necessary for the Certifying Acceptance Agent designation. This designation allows me to process the application and all accompanying documentation without the applicant(s) need to send the IRS all the original identification documents.
Security of Information
Effective 10/25/2024 my parent company, McCoy & Associates Tax Services LLC, has created a Written Information Security Plan (WISP) in compliance with regulatory rules regarding implementation of a written data security plan found in the Gramm-Leach-Billey Act and the Federal Trade Commission Financial Privacy and Safeguard Rules.
You can depend on the fact that your personal and financial information is safe and secure. I do not sell your private information to any entity, unlike other tax firms, be it individual or company. You may request a copy of the WISP in writing
Fees
Not all tax returns are the same, and require different levels of expertise, experience and knowledge. My fees are form based. The criteria I employ to structure my fee for each individual form is based on the time and complexity of the form to be prepared to file an accurate federal or state tax return.