TAX PREPARATION
As everyone knows, taxes impact most every financial decision you make, and your long-term financial goals. At RainCity PCA, PLLC, our wealth of knowledge in local, state, multi-state and federal tax matters allow us to effectively assist you with your tax preparation – because effective tax preparation is a central component for managing your wealth.n.
- Business
- Personal
- Trusts & Estates
- Employee Benefit Plans/Pensions
- Multi- State, Excise, B&O, & Other Taxing Authorities
No matter the entity structure; Sole Proprietorship, Partnership, Corporation/LLC and S Corporations, our team is highly skilled in the nuances of tax codes and regulations in order to prepare a tax return with the best outcome for your business. To avoid costly errors and ommissions, our combined years of experience and knowledge are the foundation for correctly prepared current and amended tax returns.Back To Top
Almost 79 million tax returns were prepared by tax professionals last year, and there is a reason for this. Do-it-yourself tax programs can’t talk to you about your goals and financial choices which affect your taxes. Working with RainCity CPA, PLLC will eliminate many common mistakes found in self-prepared tax returns; mistakes which often times result in substantial tax liabilities or penalties. Our team’s skill in preparing personal tax returns incorporate nuanced, and often times overlooked, deductions for a better bottom line on your tax return.Back To Top
Trusts & Estates have many different tax obligations, and the rules surrounding these are highly complex. Failing to handle these issues can result in costly fees and penaltities. RainCity CPA, PLLC works with trusts & estates to avoid these pitfalls, as well as proactively determine the value of assets, recognize discounts, credits or deductions and other opportuntities to save the trust or estate significant amount of money and possible tax liabilities.Back To Top
Employee Benefit Plans/Pensions
Form 5500, the Annual Return/Report of Employee Benefit and Pension Plan filed with the Department of Labor, is used to show the characteristics of the plans as well as the operations, including assets and liabilities. Failure to file, filing late or filing with incorrect information incurs substantial penaltities, and it is highly advised to engage outside professionals to prepare these forms. RainCity, CPA, PLLC is your choice for these complex filings.Back To Top
Multi-State, Excise, B&O and Other Taxing Authorities
Each state and each taxing authority has specific rules and regulations for filing their tax returns. Staying on top of these filing requirements and specific deadlines can be challenging. Penalities can be high if the information is incorrect or submitted late. At RainCity PCA, PLLC, we will work with you to prepare and file the state income return or forms for city/county/state taxing authorities in the most accurate way and by their varied deadlines.Back To Top