Are you an independent contractor who has been burdened by self-employment taxes? Or are your small business sales rapidly expanding, about to push you into a new tax bracket? Does your personal tax return leave you with uncertainty, wondering, "Could I have received a bigger refund?"
No matter where you are starting from, you have options. At Detz and Taxes, we offer personalized tax and financial advice to help our clients truly understand their finances. Each of our clients comes to us with a different financial situation and a different set of goals. We work with them one on one, on their terms, to put together a set of services that sets them on the right track.
Independent contractors often struggle with high self-employment taxes. Transitioning from 1099s to a small business structure will save you a lot of money over time. The process is easier and less expensive than you might think. We help you formulate your business in the right way from the beginning - with no hidden expenses. New business formation includes choosing the best type of business entity for your line of work, explaining the tax implications, and referring you to local business support groups that will help you start off on the right foot.
Has tax filing software ever left you wondering whether you really received the largest possible refund? Personal attention from a licensed practicioner will give you clarity on your past, present, and future finances. We provide professional and accurate tax preparation services to secure you the best possible refund on your personal and business returns. As part of our preparation services, we will alert you to any mistakes made in your forms and set you on track to save more money in years to come.
An Enrolled Agent is federally licensed to represent you in front of the IRS. If you have received a large tax notice, we can tell you what it means for your finances and what your options are moving forward. As your Enrolled Agent, we can take over communication and serve as a mediator between you and the IRS. This expedites and smoothes over the process - saving you a headache. Your Enrolled Agent can also have power of attorney if needed.
Have you wasted away one too many weekends going through your books on your own? Spend less time thinking about your money and more time doing what is valuable to you. By outsourcing your bookkeeping to tax professionals, you can ensure your books are reconciled as quickly and accurately as possible. You will also see an immediate return on investment in the hours you gain back.
Business growth and life changes can have a dramatic impact on your tax bracket and liability. Through our tax planning services, we can make recommendations for your financial future to help you save as much money as possible. For businesses, we can recommend investments that will help reduce your end-of-year tax liability to a manageable level. For personal tax planning, we can help you plan around capital gains and stock transactions for the year so you won't be surprised the next tax season.
-Casey M., Warwick, New York
