Tax Stories

We offer an accurate, dependable tax service to our customers located all across the United States. Our tax service has saved our clients more than $250,000 in 2025. Here are some tax stories that demonstrate our tax service.

In reviewing our clients' partnership 2021-2023 tax returns, we determined a S Corp election would save their business officers a tidy sum in federal taxes. We filed Form 2553 electing S corp status for all three years. We have then prepared amended officer tax returns for 2021-2023 saving thousands in federal tax dollars. The saings results from federal self employment taxes are due when a Form K-1 is received from a S corporation. For this client the savings is more than $3000  per tax year.

Client, a senior woman, sold her home for $500,000. There was no tax due as we used her $250,000 capitl gain exclusion, and stepped up basis from an inheritance from her husband. This saved her more than $40,000 in federal tax.

A Florida S Corp saved $93,000.00 on their medical service corporation.

A California S corp saved $7,000.00 who operated a construction firm.

A California trust saved $47,000.00 in the sale of real estate using a stepped up basis thereby reducing its capital gains.

This tax season we advised a citrus grower that a S corporation could save them $12,000 in federal self employment taxes, which we could easily create for his business.

E-filing offers a fast way to get your tax returns filed on time. In 2025 we will be e-filing hundreds of tax returns for our clients. 

Our client's  average tax refund last season was $9000. To date in 2025, our tax refunds average $4,200.00. Why wait; getting your 2024 taxes done ensures the IRS pays you the tax refund you have earned.

 Not sure of tax effects for a pending transaction. Give us your data to analyze. With Proseries software we can project future taxes for anticipated income or expenses. 

Filing Form 990 annually is crucial to maintaing your club's tax exemption. We've assisted several nonprofits during 2025 in filing its Form 990 and local Form 199 to meets its annual compliance requirements. 

If you have a similar type organization that needs a federal/state tax exemption or need to file federal Form 990, please contact us.

Last  year we helped a number of new clients in answering more than 600 Yelp requests.  From these answered requests, we've completed federal and state tax returns for these clients in 14 different states.

We require: 

• Well organized, accurate records
• Substantiation of tax deductible expenses
• Dedication to get the job done