Tax Preperation
Tax Preparation Services
At Global Insurance and Tax, we specialize in delivering comprehensive and accurate tax preparation services for individuals and businesses. Whether you are an individual taxpayer, an LLC, a sole proprietor, or an independent contractor filing 1099 Schedule C, we have the expertise to ensure your taxes are filed correctly and on time, maximizing your deductions and minimizing your tax liability.
Our Tax Preparation Specialties
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Personal Tax Preparation: We handle all aspects of individual tax returns, ensuring compliance with the latest tax laws while identifying opportunities for deductions and credits. Our team will work with you to maximize your refund or reduce what you owe.
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LLC Tax Preparation: If you operate as an LLC, we provide tailored tax services that address your unique structure. We ensure your LLC is taxed properly, whether you file as a sole proprietor, partnership, or corporation, and help you navigate the complexities of pass-through taxation.
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Sole Proprietorship Tax Preparation: As a sole proprietor, you may be eligible for a wide range of deductions. We ensure that all eligible business expenses are captured to minimize your tax liability, giving you peace of mind and allowing you to focus on growing your business.
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1099 Schedule C Tax Preparation: For independent contractors and freelancers, accurate reporting is essential. We specialize in preparing 1099 Schedule C returns, helping you report your income, deduct business expenses, and ensure compliance with tax regulations specific to self-employment.
Complimentary Business Consulting Services
As a valued client, we go beyond just tax preparation. Global Insurance and Tax offers complimentary business consulting services that help you plan and manage your financial future effectively. Our consulting services include:
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Tax Planning: We don’t just focus on tax filing; we help you plan for the future. Our proactive tax planning services help you reduce your tax liability by identifying strategies to defer income, maximize deductions, and take advantage of tax credits. By planning ahead, we help you minimize surprises at tax time.
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Bookkeeping and Accounting Coaching: Proper bookkeeping and accounting are essential for tax preparation. We provide coaching and guidance to help you set up efficient bookkeeping systems, ensuring that your financial records are accurate and organized throughout the year. This helps simplify tax filing and provides a clear financial picture for your business.
Additional Services We Provide
In addition to the services mentioned, we offer a range of tax-related services designed to support you and your business year-round:
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Tax Filing for Corporations and Partnerships: We provide comprehensive tax preparation services for C-corporations, S-corporations, and partnerships. Our experts ensure compliance with federal and state regulations, helping businesses optimize their tax strategies.
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Audit Support and Representation: In the event of an IRS audit, our team provides audit support and representation. We handle communications with the IRS on your behalf, ensuring that your interests are protected and guiding you through the audit process.
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Amended Returns: If you've discovered an error on a previous tax return or received additional tax documents, we can assist with filing amended returns to correct any issues and ensure your tax filings are accurate.
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Payroll Tax Filing: If you have employees, we assist with payroll tax filings, ensuring compliance with employment tax regulations, including the proper withholding of federal, state, and local taxes.
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Quarterly Estimated Taxes for Self-Employed Individuals: For self-employed clients, freelancers, and independent contractors, we provide guidance on calculating and filing quarterly estimated tax payments, ensuring you avoid underpayment penalties and stay on track with your tax obligations.
Why Choose Global Insurance and Tax for Your Tax Preparation Needs?
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Accuracy and Compliance: We stay up-to-date with the latest tax laws and regulations, ensuring your returns are accurate and fully compliant.
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Maximized Deductions and Credits: Our tax professionals are experienced in identifying every possible deduction and credit, helping you save money and increase your refund.
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Year-Round Support: We don’t just work with you during tax season. We are here for you throughout the year, providing tax advice, planning services, and support whenever you need it.
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Business-Focused: Whether you’re a sole proprietor, LLC, or independent contractor, we understand the unique tax challenges facing small business owners, and we’re here to help you succeed.
At Global Insurance and Tax, we are committed to providing you with more than just tax preparation. Our goal is to be your partner in financial success by offering personalized consulting, tax planning, and business coaching services. Let us take the stress out of taxes so you can focus on what matters most—growing your business.
Contact us today to schedule a consultation or to learn more about how we can assist you with your tax preparation and business needs.