At Low Cost Tax Man, Tax Services, we pride ourselves on providing personalized and competitive tax preparation and planning services. Our approach is different from the big tax chains, as we take the time to get to know each of our clients and their unique situations. By doing so, we can identify every deduction and credit they're entitled to, ultimately minimizing their tax liability or maximizing their refund.
We stay up-to-date with the latest tax codes every year, ensuring that our clients receive the best service possible. Whether you recently bought or sold a house, purchased a car, or moved to a new area, we can help you find all the deductions you're legally entitled to. Plus, our fees are tax deductible, and we offer E-filing at no extra charge for a faster refund.
If you haven't filed your taxes in several years, don't worry. We're experts at bringing you up to speed. Our goal is to make the tax process as simple and stress-free as possible for you. We'll go over your entire tax situation, develop a comprehensive picture of your finances, and identify the one or two key elements that can create the optimum tax results.
In short, at Low Cost Tax Man, Tax Services, we're committed to making tax time less stressful and more beneficial for you.
Tax Preparation Services
We prepare accurate tax returns for a wide range of clients. From simple personal returns to small business returns.. If you wish to do so, we can also electronically file your tax returns. We offer several bank products with no out of pocket cost. Individual Tax Preparation (Federal, State & Local)
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Preparation and review of form 1040 and all associated schedules
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Preparation of all 50 state personal income tax returns.
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Preparation of federal, state and local small business tax returns
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Federal and state estimated tax payments
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Prepare communications in response to taxing authority's notice
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Correspondence Assistance
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Year-Round Tax Service
Corporate Tax Compliance (Federal, State, and Local)
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Preparation and review of federal and corporate and partnership returns
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Preparation of disclosure requirements
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Assistance with calculating federal and state estimated tax payments
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Providing fast, efficient, cost-effective tax compliance processes
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Preparation of state and local returns including income/franchise, sales/use, property tax and escheat
BACK TAXES & PRIOR YEAR RETURNS
Did you know late returns, amendments, prior years, state returns, and estate returns can be filed all year long?
INDIVIDUAL REFUND OPTIONS
8-15 Days Electronic Direct Deposit
Clients can elect to have their refund direct deposited into their existing checking or savings account. They can also elect to have their refund loaded onto a prepaid debit card.
6-8 Weeks – Paper Return (Tax Refund Sent to Your Home Address)
If you’re not in a rush to receive your tax refund, you may want to have your check mail to you. If you choose the option of mailing your return, you can receive your refund directly from the IRS. Direct deposit is an additional option with the mailing of your return. Your refund will be deposited into your personal bank account within 11 to 17 days after your return is received and accepted by the IRS. When you choose this option, all fees are paid at the time of service.
Resources
Tax Document Checklist
Are you unsure of what you need before you get your taxes prepared?? Below is a checklist of documents to help you save time and help us accurately complete your tax return. Before you contact us review the checklist. Help us maximize your check!!
PERSONAL INFORMATION FOR EACH FAMILY MEMBER:
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Name
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Date of Birth
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Social Security Card /ITIN/ATIN
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Last Year's Tax Return
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Valid Photo Identification
INCOME AND TAX INFORMATION:
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W-2's
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Interest (1099-INT)
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Dividend Slips (1099-DIV)
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Stock Sales (1099-B or Broker Statement)
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Self-Employment Income and Expenses
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Sale of a Personal Residence
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Rental Income and Expenses
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Sale of any Business Assets
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Gambling or Lottery Winnings
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State Income Tax Refund
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Pension Income (1099-R)
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Estimated Taxes Paid
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Social Security or Railroad Retirement
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IRA or 401(k) Distribution
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Unemployment Compensation
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Miscellaneous Income (1099-MISC)
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Cancellation of Debt (1099-C)
DEDUCTIONS/ADJUSTMENTS:
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Medical Expenses
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Real Estate or Personal Property Taxes
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Mortgage Interest (Form 1098)
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Charitable Contributions
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Employee Business Expenses
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Gambling Losses
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Moving Expenses
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Traditional IRA Contributions
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Higher Education Expenses
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Educator Expenses
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Student Loan Interest
TAX CREDITS:
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Child Care Provider/Address and Employer Identification Number (EIN) or Social Security Number (SSN)
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Adoption Expenses
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Retirement Savings Contributions
W-2 DOWNLOAD
Are you still waiting for your employer to mail or hand-deliver your W-2? If your employer uses W-2 Express or ADP as its payroll data provider, you may able to download your W-2 using one of the links below.
W-2 Express (PIN # provided by your employer)
Business Tax Services
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Financial Business Services
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Business Development
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Cannabis Compliance Services
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Entertainment Industry
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Marketing
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Brand Services
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Social Media Influencer Services
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Content Campaign Services
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Preparation of federal, state and local small business tax returns
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Federal and state estimated tax payments
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Prepare communications in response to taxing authority's notice
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Correspondence Assistance
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Year-Round Tax Service
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Corporate Tax Compliance (Federal, State, and Local)
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Preparation and review of federal and corporate and partnership returns
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Preparation of disclosure requirements
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Assistance with calculating federal and state estimated tax payments
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Providing fast, efficient, cost-effective tax compliance processes
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Accounting Services and Small Business Services
Our company provides a full range of services that helps small businesses and corporations prepare tax returns. The need for services in the areas of business tax records, financial statement preparation, financial planning, etc. is significant. We feel the broad general business experience we possess as a company qualifies us to provide the valuable services needed by young businesses and start-ups to establish a solid foundation.
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Payroll
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Implementation of QuickBooks
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Fixed Asset and Depreciation Management
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Financial Statement Preparation and Analysis
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Retirement Planning
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Tax Planning
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Investment Planning