Tax Preparation
Professional tax & accounting services tailored for businesses needing one-time, or re-occurring reliable assistance to meet deadlines and file accurately.
Tax Preparation for Individuals
Navigating personal taxes can be confusing, but I’m here to make the process simple and stress-free. Whether you’re a freelancer, a high-income earner, or dealing with a complex tax situation, my tax preparation services are designed to ensure your return is filed accurately and on time. I stay up-to-date on the latest tax regulations and take the time to understand your unique financial situation, making sure you benefit from all eligible deductions and credits.
Let me handle the complex details—from filing requirements to tax code changes—so you can focus on what matters most, whether that’s your family, your career, or simply enjoying life without the stress of tax season hanging over your head.
Tax Preparation for Businesses
Running a business is demanding, and tax preparation often adds an extra layer of stress to your already full plate. I specialize in helping small to medium-sized businesses navigate the complexities of business taxes, ensuring your returns are filed accurately and on time. From complying with state and federal tax laws to strategically identifying potential deductions and credits, I work diligently to help you reduce your tax burden.
Whether you’re a sole proprietor, partnership, or corporation, my tailored approach ensures that your business’s unique needs are met. I handle everything from quarterly tax filings and estimated tax payments to end-of-year tax returns, giving you peace of mind and more time to focus on growing your business. With my expertise, you can rest assured that your business is in good hands, and your taxes are being managed with care and precision.
Simple Pricing
Transparency is key when it comes to pricing. I offer straightforward, competitive rates for both individuals and businesses, with no hidden fees. Whether you need a one-time tax preparation service or ongoing support, my pricing is designed to fit your needs and budget while ensuring you receive top-quality service.
Form 1040 + State
US Individual Income Tax Return
$250+
Schedule A, B, D, H, SE, EIC
Per schedule
$50+
Schedule C (Form 1040)
Profit or Loss from Business (sole proprietorship) including Single Member LLCs
$150+
Schedule E (Form 1040)
Supplemental Income and Loss (e.g., rental income)
$100+
Common Forms (8863, 2441, 8283, 2106, 8949, 4797)
$40+
Amended Return
Price valid only for returns prepared in-house
$100+ Per Form
Additional States
$75 Per State
Fincen 114 (FBAR Filing)
Foreign Bank Account Repoting (uo to 3 Foreign accounts + $25 per additional account)
$100+
Pro Forma 1120 + 5472
Required filing for Foreign Owned Single Member LLCs
$550+
Other
Forms and Schedules not listed above
Available Upon Request
Business Returns
Multi-member LLCs, Partnerships & Corporations
$700+
Bookkeeping & Clean Up
Business Returns can incur additional hourly charges if provided financials are not tax-ready
$150/HR
*“Federal” mainly refers to form 1040.
What You Should know
Before we get started, it’s important to know that I take a personalized approach to every client. To ensure accurate tax preparation, I’ll need a complete set of your financial documents, including income statements, expense records, and any relevant tax forms. I also recommend reaching out early in the tax season to avoid any last-minute rushes. My goal is to make the process as smooth as possible, so clear communication and timely submission of paperwork will help us achieve the best results.
What I’ll Need Beforehand
Engagement Letters
Engagement letters, disclosure forms, and timliness agreement forms.
Tax forms you receive
Any forms received in the mail or electronically (W-2, 1099, 1098, 1095-A, etc.)
Completed tax organizer
We will speak about organizing all relevant taxes to file accurately.
For New Clients
Please complete every applicable section of the electronic client tax organizer.
Complete only those sections that apply to you. For any questions, feel free to reach out.
For Current Clients
If there haven’t been any major changes to your situation, I can typically work with the updated versions of the documents you provided last year.
If your contact information or other information has not changed since the prior year, you can skip those sections of the organizer.
Client Agreements preview
Client Agreement to Respond Timely to Requests
We believe in mutual respect in client relationships. We expect to meet your deadlines, and we require that you meet ours. Tax preparation is deadline sensitive, and it’s vital that you respond to these requests in a timely fashion to avoid any interference in our ability to work together.
We require that you provide your tax documents in their entirety to our office no later than Friday, March 15th, 2024 (February 15th for partnerships and S corps), or we may place you on an extension.
Here are some important reminders:
1. First come, first serve
In an effort to respectfully prioritize our workload, we will be preparing tax returns on a first come, first serve basis. We begin working on your tax return after the last remaining documents are submitted to our office. We are unable to accommodate rush requests.
2. No extension for the payment due date
An extension will only extend the due date for the filing of your tax return. An extension does not extend the due date to pay any tax owed. Late payment penalties apply in the event you do not full-pay your tax balance due by the due date of Monday, April 15th, 2024.
We ask that you contact our office as soon as you are aware that you are unable to meet this deadline for any reason. It is at our discretion whether or not we will be able to prepare your income tax return, and we will address these requests on a case-by-case basis. By signing below you agree to deliver your documents in their entirety to our office no later than Friday, March 15th, 2024 (February 15th for partnerships and S corps). If you are unable to meet this deadline, you acknowledge our office may file an extension of time to file your return.
Tax Preparation Engagement Letter
Thank you for choosing A Plus Tax & Accounting LLC to assist you with your taxes. This letter confirms the terms of our engagement with you and outlines the nature and extent of the services I will provide.
I will prepare your federal and state income tax returns. I will depend on you to provide the information I need to prepare complete and accurate returns. I may ask you to clarify some items but will not audit or otherwise verify the data you submit. An Organizer is available to help you collect the data required for your return. The Organizer will help you avoid overlooking important information. By using it, you will contribute to the efficient preparation of your returns and help minimize the cost of my services.
I will perform accounting services only as needed to prepare your tax returns. My work will not include procedures to find defalcations or other irregularities. Accordingly, my engagement should not be relied upon to disclose errors, fraud, or other illegal acts, though it may be necessary for you to clarify some of the information you submit. I will inform you of any material errors, fraud, or other illegal acts I discover.
The law imposes penalties when taxpayers underestimate their tax liability. Contact me if you have concerns about such penalties.
Should I encounter instances of unclear tax law or potential conflicts in the interpretation of the law, I will outline the reasonable courses of action and the risks and consequences of each. I will ultimately adopt, on your behalf, the alternative you select.
My fee is based on the time required at standard billing rates plus out-of-pocket expenses. Invoices are due and payable upon presentation. All accounts not paid within thirty (30) days are subject to interest charges to the extent permitted by state law.
I retain copies of your records and my work papers from your engagement for up to seven years, after which these documents will be destroyed.
If you have not selected to e-file your returns with my office, you will be solely responsible to file the returns with the appropriate taxing authorities. Review all tax-return documents carefully before signing them. My engagement to prepare your tax returns will conclude with the delivery of the completed returns to you, or with e-filed returns, with your signature and my subsequent submission of your tax return.
To affirm that this letter correctly summarizes your understanding of the arrangements for this work, please sign this letter in the spaces indicated.
Thank you for the opportunity to be of service. If you have any questions, contact my office at 212-470-4982.
Sincerely,
Alad Adar, EA
A Plus Tax & Accounting LLC
Disclosure Consent Form
I take the rules and restrictions regarding the use and disclosure of your tax return information seriously. This letter is to update you on the guidelines I must follow when handling your tax return information.
Client Disclosure and Consent
The IRS has implemented provisions to provide additional safeguards on the use of your personal tax return information. These rules ensure that you control your tax return information, not me or the IRS. The regulations make sure that you’re fully aware of who your information may be shared with and when—both with and without your consent.
These rules give you greater control over how your tax return information is used. Unless permitted by law (in very limited circumstances), I cannot share your tax return information with any third parties for purposes other than preparing your return, without your signed consent.
What is “Tax Return Information”?
Tax return information includes all the data I receive from you or other sources in connection with preparing your tax return. This includes everything from financial documents, worksheets, and calculations to correspondence with the IRS, software records, and more. The rules outline two types of disclosures:
- Disclosures that require your consent
- Permissible disclosures that do not require your consent
Disclosures/Uses That Do Not Require Your Consent
There are some situations where I can disclose your tax return information without your consent, including:
- To the IRS and other taxing authorities
- As required by the Tax Code
- To the courts
- For legal advice
- In specific circumstances, to U.S.-based tax return preparers who are assisting with your return
Disclosures/Uses Requiring Your Consent
If any third party (such as your mortgage lender, attorney, or bank) requests your tax return information, I must obtain your written consent before sharing it. You can specify the duration for which your consent is valid, and if no expiration date is set, it will automatically expire one year from the date you sign the consent form.
Every consent form must include the following details:
- My name and your name
- The nature of the disclosure
- To whom the disclosure will be made
- The information being disclosed
- The specific purpose of the disclosure
If you have any questions about the rules regarding the use and disclosure of your tax return information, feel free to reach out, and I’d be happy to assist you.
Consent to Disclosure of Tax Return Information under IRC Section 7216
In line with IRS code and federal law, I request your consent to share your tax return information with my international tax team to ensure compliance with your tax return. Without your consent, I cannot disclose your tax information to third parties for purposes unrelated to the preparation and filing of your return.
This consent may result in your tax return information, including your Social Security Number, being shared with tax return preparers located outside the U.S. Both I and the international preparers maintain strong safeguards to protect your privacy and ensure your information remains secure.
If you agree to allow me to share your tax return information with my team, please sign and date this form. If you believe your tax return information has been misused or shared improperly, you can contact the Treasury Inspector General for Tax Administration (TIGTA) at 1-800-366-4484 or email complaints@tigta.treas.gov.