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Tax Preparation Expertise

  • By Lauri Paxton
  • 14 Jan, 2016
As tax season approaches I am always faced with the same question, can’t I just file my taxes on my own? The answer to this is yes, you can. The problem comes when you start to complicate the tax return with company expenses, 1099 forms, employee expenses, write offs, travel, etc. As a business owner, and in some cases, an individual with capital gains from stock sale, a house purchase or sale, or the first time your child may be in higher education, the returns become more involved. The more you understand all the deductions, the better off you may be on filing your tax return.
For those of you who choose to go it alone, are you aware of all the tax law changes? Do you study the IRS updates and releases?
As a business owner you specialize in the type of business you own. Education has been key to your success – either through personal experience, or continuing to study your craft. You know the inner workings of your particular business, what makes you successful and how to handle employees.
As a tax expert and tax preparer I treat my business as you do yours. Part of being successful is continually educating myself and my staff as we stay up to date on the latest trends, rules and changes in the tax code and accounting industry.
Did you know:
  • Tax Day is April 18, 2016 due to Emancipation Day a Washington DC Holiday falling on Friday, April 15, 2016?
  • Tax penalties related to Obamacare are going up again.
  • Tax brackets for individuals and joint filers are rising slightly.
  • Standard deductions are going up for head-of-household filers.
  • Personal exemptions are rising.
  • Contribution limits on health savings accounts are going up.
  • The Earned Income Credit is rising.
By keeping up with the latest changes in the tax laws we know how to protect your best interest in order to get you the highest returns possible. Why spend your time trying to figure out all the deductions you’re entitled to?
Paxton Bookkeeping and Tax Service provides both individual and business tax return services. Call our office at 724-359-5002 today to schedule your 2016 tax filing appointment.
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