From the common to the complex, we offer a wide variety of tax preparation services to fit every situation and lifestyle. Here are some ways we can help clients rest easier and file with confidence this tax year.

Form 1040

The 1040 form is one of the most familiar parts of paying taxes, but that doesn’t make it any easier for some filers. This is the form used by the majority of taxpayers to report their income and determine if they owe additional money or are entitled to a refund. As such, it’s one of the most critical forms for taxpayers looking to get the most back or pay the least. Let us prepare and file for you to put your mind at ease!

Form 990

Tax-exempt organizations, nonexempt charitable funds, and certain political organizations must file Form 990. Also known as the “Return of Organization Exempt from Income Tax,” this form provides the public with information about a nonprofit’s financial position, programs, officers and other information. There are three variants of this form, Form 990-EZ, Form 990-N, and Form 990-PF. In addition to filing Form 990, non-profits and other tax-exempt organizations must also meet certain disclosure and compliance requirements through various schedules. 

If this sounds confusing, rest assured. Our team could explain which version of the form you must file and ensure you meet all the necessary filing requirements.

Form 1041 (Estate Tax Return)

Losing a loved one can be one of the most painful experiences of a lifetime, but along with the grief often comes financial responsibilities for the recently deceased. Among the most common of these is filing a Form 1041, which covers income generated by estates or trusts before these assets are formally transferred to beneficiaries. For example, this could cover investment income from the deceased’s portfolio or income earned but not paid before the person’s death.

Not every estate needs to file this form, and it can sometimes have a different filing deadlines and requirements than other tax forms. That’s why it’s worthwhile to have Goldin Group’s tax professionals handle it and let you focus on the other many duties that follow a loved one’s death.

S-corp Tax Returns and C-corp Tax Returns

The two main types of corporate structures in the United States differ in some critical ways, from how they’re formed to how they operate and, of course, how owners get paid and what taxes they pay. S-corporations are “pass-through” entities with a single instance of taxation when owners report the money on their tax returns. C-corporations, on the other hand, pay corporate taxes on business income in addition to the taxes paid on owner distributions.

These two different structures can have dramatically different rates, rules for payouts, deductions, and more. Business owners have enough to worry about, so let our experts worry about making sure the right taxes get paid at the right time.

Partnership Tax Return

Partnerships are another common and useful way to structure businesses or projects, but once again require some additional work come tax time. Like an S-corp, partnerships pass through their income to the partners’ personal returns. But they still require filing a Form 1065, which provides the IRS details on the partnership’s earnings. We’ll collect the necessary information and ensure everything gets filed as needed, thanks to the extensive experience of our tax professionals.

Schedule C

If you like to keep it simple with your business and operate as a sole proprietorship, you’ll still need to file a Schedule C, separately laying out your business income or losses. You may even be surprised what can constitute a “business” for tax purposes. So let Goldin Group’s experts handle this additional filing and keep your business as straightforward as possible.

LLC

Many business owners choose to take advantage of the protections of incorporating by forming an LLC. While LLCs protect the assets of owners and offer other advantages, they also require their own tax returns. And for those used to filling out their personal taxes, it can be difficult to understand and apply all the nuances of LLC tax rules and ensure you’re enjoying all the benefits while still following the rules. Our tax preparation services can take care of all of this, allowing clients to focus on running their businesses.

Estimated Tax Payments

While many people can take advantage of the simple tax withholding offered by many employers, others may not have this option. Those who are self-employed, paid in cash, or otherwise receive income that isn’t subject to withholding are required by law to make estimated payments throughout the year or face a penalty come tax time. No one wants to owe more just because of when they paid, so let our experts handle your estimated tax payments and take one more thing off the plate of those with non-standard income situations.

Crypto Tax

Cryptocurrency and related investments are among the fastest-growing and rapidly developing sectors of the financial world. And as quickly as the technology changes, so do laws, rules, and regulations around crypto, including how it’s taxed. Our tax preparation services include crypto taxes, and our financial professionals are dedicated to staying up to date on all the latest developments, so you don’t have to. 

Tax Preparation Services For Everyone, From Simple To Complex

With Goldin Group’s tax preparation services, you can avoid some of the stress, hassle, and worry of calculating your taxable income, figuring out your own deductions, and filing the proper forms correctly. We offer experienced tax professionals equipped with the latest knowledge of the ever changing tax laws and regulations, all looking to minimize your payments, maximize your refund, or ensure you’ve followed the proper procedures. So reach out today to learn more about the tax preparation services we can offer you!