Tax Preparation
Tax preparation is the process of preparing tax returns to be filed with the IRS, state, or both, depending on which returns need to be filed. Most often, tax returns are filed with both and depend on which state an individual or business is located. Most tax preparation for both individuals and businesses is done by a professional tax preparer for a reasonable fee.
Tax preparation may be done by the taxpayer with or without the help of a professional, tax preparation software, or online filing services. Tax preparation may also be done by a licensed professional such as an attorney, certified public accountant (CPA), enrolled agent (EA), or by an unlicensed tax preparation business. Due to the fact that income tax laws in the United States are considered to be considerably complicated, under most scenarios, many taxpayers seek outside assistance with tax preparation.
Fidelity Tax Group is more than happy to assist you with tax preparation. In fact, we have an entire team strictly devoted to tax preparation as their core function. So, if you have found yourself in a hardship, have back tax returns that have gone unfiled, or an IRS collection action has been initiated against you, rest assured we are here to help. Call today for your free consultation!
Multi-State Tax Preparation
Fidelity Tax Group prepares and processes thousands of sales and use tax returns remitting millions of tax dollars during our “monthly busy season” by the 20th of every month. Fidelity’s services are provided entirely within our local offices in South Florida. Fidelity does not outsource or leverage any work or data to international foreign locations. Our wide variety of engaged clients provides Fidelity with unique insight to developing reporting issues facing businesses and consumers, alike. The forceful spread of sales and use tax registration and reporting obligations set significant hurdles in front of corporate and corner store businesses that Fidelity is well versed in resolving.
Our clients find themselves navigating sea of expanding multistate compliance obligations with a variety of new jurisdictional demands. As sales and use tax compliance footprints continue to expand, outsourcing of the sales and use tax function becomes an increasingly logical and cost beneficial solution. With a brief consultation and cursory review of your data, Fidelity Tax Group will provide you with a reasonable fee for services tailored to a smooth transition consistent with your historical reporting. Our transition team is prepared to take on your reporting obligation as soon as your next due date coming up next month.
Multi-State Tax Compliance Services
- Maintaining an updated sales and use tax return calendar
- Obtaining and organizing appropriate sales and use tax information (data) provided by Client
- Reconciling the sales tax payable account by jurisdiction
- Preparing, signing and timely filing on behalf of Client all required sales and use tax returns for the applicable taxing jurisdictions, based on information received from Client
- Maintaining electronic copies of all sales and use tax returns filed in our offices
- Providing Client with electronic copies of all sales and use tax returns annually
- Receiving, reviewing and processing communications and notices related to K&K filed returns in a timely manner