Taxes are inevitable, and if you want to see the most on your returns and stay out of trouble with the IRS, you want to be prepared come tax season. Instead of attempting to figure out your deductibles, exemptions, and financial records on your own, you can save yourself time, stress, and money by hiring a Los Angeles tax preparation services firm to take care of the stress for you.
At Duffy Kruspodin, LLP, we have been providing trusted tax preparation services in Los Angeles for more than 25 years. Our team of qualified tax professionals is committed to filing accurate tax returns for our clients and can anticipate the many complexities—including year-to-year changes in tax laws—that may arise. We take the numerous technical details, like tax deductions and credits, into consideration when preparing your taxes, so you can feel confident you’re getting the most out of your refund.
Help Us Help You
Hiring a tax preparer can help ensure your tax return is accurate, but a little preparation on your part can reduce the time spent filing. Here are three things to do before your appointment with one of our Duffy Kruspodin, LLP associates.
1. Collect Your Income Information Returns
Throughout January, you’ll start receiving your income information from your employers, investments, retirement distributions, social security benefits, or other miscellaneous sources of income. Verify that the information on these returns are accurate, and keep these together and organized.
2. Get Your Receipts in Order
Make sure that you keep your receipts for deductible expenses from throughout the year; these may include medical costs not covered or reimbursed by insurance, property taxes, job-related expenses, and investment-related expenses. Depending on the total of your deductibles, you may want to claim the standard deduction instead; your tax preparer will help you determine which will be the greater benefit.
3. Gather Your Charitable Donations
If you have made any contributions to charity, these may be included in your deductions. Make a list or gather receipts of any donations you have made and request any additional information you may need. If you have made a donation of $250 or more, you need a written acknowledgement from the charity stating the amount of your gift and that you did not receive anything because of it. If you have any questions about the records you need for charitable donations, contact our office, since these will be needed at the time we file your tax return.
Choosing the Right Tax Preparation Services in Los Angeles
The more experienced your tax preparer is, the higher likelihood of your tax return being filed accurately and correctly, taking all new tax laws into account. The firm you choose should have a Preparer Tax Identification Number (PTIN) to prove they are authorized to prepare federal income tax returns.
Our team at Duffy Kruspodin, LLP is trained to manage complex tax matters and special issues (like independent contractor income or delinquent returns). Throughout our decades of experience, we have represented clients through all levels of IRS interaction, including filings, audits, and appeals, and are very knowledgeable in all aspects of tax preparation.
If you are looking for Los Angeles tax preparation services, you don’t want to put off scheduling an appointment. The sooner we can get started on preparing and filing your tax return, the better off you’ll be and the sooner you can get your refund (if applicable). Duffy Kruspodin, LLP is a full-service tax and accounting firm; we can answer any of your tax-related questions and help you file your taxes on time and accurately, without the stress. If would like more information on our services or would like to make an appointment, contact our Los Angeles office by calling 818-385-0585.