Childs Tax & Accounting Services specializes in itemization. We want to make sure liability is minimal. This is not always an easy task. We take pride in educating our clients on deductions that are applicable to your current tax scenario. Whether we like it or not, today's tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there's no substitute for the assistance of an experienced tax professional.
Here is what you get
Thorough Analysis
Your tax return will be checked and rechecked by our computer software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
Quicker Refund
Your tax return can be filed electronically so you will get a refund back quicker.
Adjust Payroll Withholding
Our staff will show you how to adjust your payroll withholding to get more money back each week. Why give the IRS an interest free loan for up to 16 months?
Always Looking Ahead
We will show you potential deductions to limit your tax liability for next year. In addition, we will give you a sheet of commonly overlooked deductions to limit the following year’s tax liability
AMENDMENTS
Did you forget to report income or feel your taxes need a second look? Amendments must be completed within 3 years of the current tax year or you lose the right to make corrections.
If you make a mistake on a tax return you’ve already filed, the IRS allows you to correct those mistakes by filing an amended tax return. If the correction results in an increase in the amount of tax you owe, it’s to your advantage to file the amendment to avoid potential interest and penalties on the underpayment.
TAX PLANNING
Are you tired of always owing the IRS? Let US help you avoid owing the IRS with Tax Planning. Tax Planning provides a strategy of payments that will allow you to avoid large bills and pre-planned payments prior to your tax filing due date. We assist with W-2 and retirement withholding as well as strategy of charitable contributions, depreciation, and other tax credits that may be applicable to you.