Frequently Asked Questions

Getting started is simple! You can request a callback via our form, initiate a live chat session, or call our office directly. We schedule an initial consult to discuss your records and set up a secure digital vault for document transfer.

For individual filings, please prepare W-2s, 1099 forms, identity credentials, and your previous year's tax returns. For corporate accounts, we will require balance sheets, income statements, corporate formation documents, and asset depreciation logs.

Yes. Although we are based in Florida, our CPAs and tax professionals are licensed to represent and file individual/corporate returns across all 50 states. We specialize in managing multi-state tax nexus and remote worker withholding compliance.

For standard calendar-year filers, individual tax returns must be filed by April 15th of each year. If you request a formal extension (Form 4868), your filing deadline moves to October 15th. However, any taxes owed must still be paid by the original April 15th deadline to avoid interest charges.

For the tax year 2026, standard deductions are $15,350 for Single filers, $30,700 for Married Filing Jointly, $15,350 for Married Filing Separately, and $23,000 for Head of Household.

You can check your status using the official IRS "Where's My Refund?" tool online. You will need to input your Social Security Number, filing status, and the exact refund amount listed on your completed Form 1040.

Single-member LLCs default to Schedule C on Form 1040, while multi-member LLCs file Form 1065 (Partnership). However, an LLC can file S-Corp (Form 1120-S) or C-Corp (Form 1120) elections. We help you choose the best structure to minimize double taxation.

ASC 606 is a standardized accounting metric for recognizing revenue from customer contracts. It dictates that revenue must be recognized when performance obligations are met, not when payments are made. It applies directly to SaaS, subscription, and licensing firms.

Under economic nexus rules (South Dakota v. Wayfair), out-of-state E-commerce retailers must collect and remit state sales taxes once their annual sales exceed specific thresholds (typically $100,000 or 200 orders). We implement tracker metrics on checkout gateways to ensure sales tax compliance.

First, do not ignore it. The IRS enforces strict response windows. Contact a certified tax professional immediately. Do not speak directly with an IRS auditor or provide any accounting logs without formal representation.

IRS Representation is a legal designation (via Form 2848 Power of Attorney) authorizing a CPA or Enrolled Agent to manage negotiations, communications, and audit reviews on your behalf. This prevents direct questioning from auditors, protecting you from making costly errors.

Generally, the IRS has three years from the date you filed your return to audit it. This window increases to six years if there is a substantial understatement of income (greater than 25%). There is no statute of limitations if a return was fraudulent or never filed.