Tax Prepration and Planning
HELPING PEOPLE ESTABLISH A STRONG TAX FOUNDATION
Tax Preparation
We understand that tax planning is a stressful, complicated process for even the savviest business person, the sharpest executive, or the most dedicated creative. The tax planning process itself may look a little different for all of these clients. Fortunately, these distinctions are no match for us, no matter how subtle or glaring they may be.
At League Inc., we don’t store away all the tricky tax matters and resolve to attend to them during tax season. For us, taxes are a year-round affair. We provide thorough, proactive tax planning guidance whether April 15th is a looming reality or a distant blur.
Count on us to be your trusted partner. Find out how we can help below!
We Can Also Help With
Tax Planning
Tax Research
Tax Audits & Appeals
Taxation for Real Estate Investors
Estate Tax Planning
Income Tax Planning
Federal Tax Credit
Corporate Tax Services
Individual, Estate, and Trust Taxation
Multistate Taxation
State & Local Taxes
State Tax Credits & Incentives
Accounting for Income Taxes
Cash Flow Planning
City & Local Business Licenses
IRS Representation
Mergers & Acquisitions
Retirement Planning
Why Choose League For Tax Preparation?
It doesn’t matter if you are a hard-working individual, a thriving small business, or a discerning fiduciary. We are ready to approach all of our clients with their personal needs and tax situations in mind.
Multi-year Tax Projections
Want to think way ahead? We can help you strategize for several years to come with meticulous planning!
Year-end Tax Planning
When a new year comes to a close, a new tax season lurks just around the corner. We can help you wrap up any major financial obligations, including reviewing your retirement plan, making a contribution to charity, or just ensuring that everything is in order for you to begin anew in January.
Evaluation of Tax Law Changes
If a new tax law has you perplexed, we can help you contextualize it according to your own needs.
Tax Preparation FAQs
Tax preparation involves the gathering of financial data and filing it with the appropriate tax authority, such as the Internal Revenue Service in the United States.
Although you can prepare your taxes by software or yourself, an accountant can ensure accuracy, maximize deductions, and give advice on complex tax situations.
The most common are W-2s, 1099s, bank statements, statements for mortgage interest paid, receipts for deductions, and many others having to deal with income or deductions.
Yes, you can file for an extension, which postpones your filing deadline by six months, usually to the 15th of October; however, this is based on the assumption that you still provided an estimate and pre-paid any taxes due at the original deadline.
Some common deductions would be for mortgage interest, charitable donations, and medical expenses. The credits can be for things like the Earned Income Tax Credit, Child Tax Credit, and education credits.
