Personal and Business Taxes
Tax compliance is one of the most important responsibilities for any individual or business. We know that tax preparation can be a complex process, full of forms, rules, and deadlines and that even a simple mistake can lead to unnecessary losses or penalties. That’s why, at IV Tax Services LLC, our goal is to help you meet your tax obligations correctly, on time, and strategically, so you can make the most of your deductions and benefits.
Our Personal and Business Tax service is designed to provide peace of mind, confidence, and results. Whether you are self-employed, own a small business, or manage a growing company, we guide you every step of the way to ensure your taxes are filed correctly and without complications.
At IV Tax Services LLC, we don’t just fill out forms; we help you understand your financial situation, plan your finances better, and build a solid foundation for your financial future.
Personal and Business Tax Process
Our tax preparation and filing process is carefully structured to ensure accuracy, legal compliance, and the maximization of your tax benefits:
1 - Initial Consultation and Needs Assessment
We begin with a personalized review of your tax situation. We identify whether it’s a personal return (Form 1040) or a business return (Corporations 1120, Partnerships 1065, or Sole Proprietors with Schedule C). At this stage, we also analyze your income, expenses, possible deductions, and financial goals.
2 - Document Collection and Organization
We assist you in gathering all necessary documentation, such as W-2s, 1099s, expense receipts, invoices, income records, and any other documents related to your financial or business activities. We ensure everything is complete and ready for analysis.
3 - Tax Analysis and Personalized Strategy
We evaluate your income, expenses, and deductions to design a tax strategy tailored to your specific case. We identify applicable credits and benefits (for dependents, education, self-employment, and more) that help you maximize your refunds and reduce your payments to the IRS.
4 - Tax Return Preparation
We accurately prepare your tax return using verified information and the appropriate forms. We review all calculations, deductions, and required attachments, ensuring full compliance with current federal and state regulations.
5 - Final Review and Client Authorization
Before submitting your return, we review every detail with you to ensure clarity about the results. We explain your final balance (refund or payment due) and address any questions before proceeding.
6 - Electronic Filing and Confirmation
We file your return electronically with the IRS and the corresponding state authority, ensuring a fast and secure process. Once submitted, we provide you with a digital copy and official confirmation of receipt.
7 - Post-Filing Advisory and Future Planning
Our commitment doesn’t end with filing. We offer guidance to help you plan your finances for the next tax year, avoid common mistakes, and make better use of your resources.