Tax Preparation in Phoenix

Avoiding IRS penalties and problems begins with strategic tax planning and preparation with the guidance of an experienced professional. At Phoenix Tax Planning, LLC, our team is dedicated to helping optimize your tax situation by identifying applicable deductions and credits, while limiting prospective liabilities.

Evaluating Your Tax Situation

Properly filing taxes begins with a comprehensive assessment of your current financial health and tax standing. Beginning as early as one year in advance, our Phoenix tax professionals review your current tax situation by evaluating returns and statements from prior years. This in-depth evaluation allows our team to identify liabilities and areas where additional deductions can be made.

Planning for Tax Season

Our comprehensive approach to tax assessment allows our team to develop a strategic plans in preparation for the upcoming tax season. For individuals who have experienced life changes including buying a house, births, or major changes in income, quarterly consultations with our Phoenix tax preparer ensure all changes are accounted for and that your deductions are appropriately adjusted to reflect your new financial standing.

As a small businesses owner, tax planning is especially important, as it provides a basis for expanding your business. Our tax professionals offer fiscal guidance in regarding tax-savvy times to buy newer, more expensive equipment without compromising your enterprise’s financial health.

Similar to tax planning for small businesses, strategic planning for self-employed individuals and independent contractors also involves a comprehensive assessment of existing business plans. However, as self-employed clients are obligated to pay taxes out-of-pocket, our tax professionals work with clients to avoid hefty payments at the end of the year by developing quarterly and monthly payment plans.  

Tax Preparation

Proactive and strategic tax planning can alleviate much of the stress associated with tax season. Once it comes time to file your federal and state taxes, the tax specialists at Phoenix Tax Group will complete a final evaluation of your tax situation, ensuring all applicable deductions have been taken and liabilities minimized. Prior to filing, clients come into our Phoenix firm to go over their returns, discuss any concerns, and to develop a plan for next tax season.

Dealing with the IRS

Facing problems with the IRS can be an overwhelming experience. At Phoenix Tax Group, LLC, our tax professionals offer IRS resolution through Offers in Compromise, as well as settlements. We work diligently to help business owners and individuals alike create feasible payment plans for tax fees and prepare for future compliance with changing regulations.

Schedule Your Tax Consultation Today

Planning for tax season early can help ensure continued financial health and compliance. At Phoenix Tax Group, LLC, our tax professionals offer a number of tax services that are personalized to meet your specific needs as a business owner, self-employed individual, or independent contractor. Contact our team today to learn more about optimizing your tax situation.