Personal Taxes Preparation

Dealing with personal taxes preparation can be stressful and frustrating. It can be confusing knowing what information you need, what forms to fill out, and whether or not you answered that question correctly. Many individuals worry about accidentally committing tax fraud and being audited by the IRS. They worry about owing more taxes than they can pay. They worry about being asked for information they forgot to document or don’t know how to find.

However, when you work with the certified public accountants here at Golub, Senitt, Rosenberg & Co. for your personal taxes preparation, you can rest assured that everything will be filed completely and accurately. Alleviate the stress that comes with tax season by leaning on the expertise of our experienced professionals. 

Take Advantage Of All Deductions And Credits Available To You

There are a vast array of deductions and credits available that allow you to minimize your tax liability and maximize your return. However, if you were doing personal taxes preparation on your own, you may not even know of their existence. You may end up missing out on deductions or credits that were applicable to your situation. Why pay more than you need to when you can have a CPA help you find deductions and credits that apply to you?

Avoid Under- Or Overpaying

If you underpay your taxes, it is more likely that you will receive a letter from the IRS letting you know. But if you overpay, you may not receive a refund of the amount you overpaid. We can help you avoid both circumstances with our detail-oriented work and knowledge of tax laws and regulations. 

Beyond personal taxes preparation, we can also help you avoid under- or overpaying your taxes with our tax planning services. Head on over to our tax planning page to learn more about this.

Ensure Compliance With Tax Laws And Regulations

Worried about accidentally committing tax fraud? When you work with a CPA for personal tax preparation, you can set that fear to rest. We stay on top of the ever-changing tax laws and regulations – it’s our job, after all. We’ll ensure that your taxes are in compliance with federal and state laws. Should you receive an audit letter from the IRS (rare for individuals, unless they are high-earners, self-employed, or have indeed committed tax fraud), we also provide tax audit services to assist you in the matter.

Do You Need A CPA To For Personal Taxes Preparation?

If you have a simple return, most software will walk you through what you need to do. The issue comes into play once things get a bit more complicated. 

More and more individuals are no longer employees which allows certain deductions as a self-employed person but what are those and in what situations are they deductible? Should you set up a separate entity for your business? A person advertising as an accountant may be helpful in setting up a Quicken or QuickBooks record-keeping of your expenses, but for these questions, it is best to have a CPA, like one from here at GSR. 

It may be beneficial to you to work with us on your personal tax return particularly if you have: recently gotten married or divorced, adopted a child, inherited money or assets, changed your residency or employment, are planning to fund a relative’s university education, take care of a sickly or disabled family member, lost a spouse, or if you have previously made mistakes when filing your tax return.

Based on an initial call, we can quickly conclude whether your situation is right for our firm. With an understanding of your situation and objectives, we’ll be able to give you detailed information about how our services may benefit you. 

Accounting Services That Go Beyond Personal Taxes Preparation

In addition to helping you with personal taxes preparation, we here at Golub, Senitt, Rosenberg & Co. can help you with many aspects of your finances. From tax planning to financial consulting to tax retirement planning and more, we’re here to guide you through the complex world of finances and taxes so that you’re better positioned to achieve your goals and don’t have to worry so much about your situation.

We pride ourselves on our clear communication, ethical business practices, timeliness, and accurate, high-quality work. We service the greater LA area, particularly the cities of Burbank, Glendale, and Pasadena. Contact us today to learn more about our services.