Individual Tax Services
Save money and get that personal touch service at tax time! We prepare and file all tax forms from 1040EZ to 1040 with every schedule necessary to complete your return. We also prepare and file all 52 states. Additionally, we will review your previous tax returns prepared by another preparer to verify accuracy. Our services include electronic filing.
A 1040EZ is the most basic IRS form, and it’s one page appeal is great for simple situations. For example, a young single person with a full time job, no children, no mortgage or major assets would be a perfect 1040EZ candidate. In a case like this, only the most basic information is required to determine whether any money is owed or eligible for refund.
You Can File 1040EZ if you…
- Are Single or Married Filing Jointly
- Are under the age of 65
- Have no dependents
- Have income, or combined income, of less than $100,000
- Have interest income less than $1,500
A 1040 is the usual standard for individual annual income tax returns. This form offers more opportunity for itemized deductions than it’s EZ variation. Additional paperwork called schedules are often required for the many tax credits, but are offset by the numerous ways you’ll save money.
You Can File 1040 if you…
- Have income, or combined income, of over $100,000
- Receive income from the sale of property
- Have self-employed income
- Itemize deductions
CLT Accounting also offers corrective tax preparation. If you haven’t filed recently, or would just like up to your last three years looked over for quality and the best possible refund, we can help you clean up your case and get you back on track. We can also help you with confusing IRS audit requests to make sure you’re responding correctly. Call us today to see what we can do for you!