We provide professional tax services to corporations, small to medium sized businesses, trusts, estates, tax exempt organizations and individuals. We like to take a personal approach with each of our clients – to get to know each one to develop an understanding of the special concerns and situations affecting the present, and possibly the future. We offer the following services:
We take great satisfaction in the help we provide our clients. We are friendly, open and approachable – and always nonjudgmental. Quick response, a perfect work product, and great service are the keys to our success and to our clients’ successes.
To maintain the high standards we demand of ourselves, we use the most up-to-date tax preparation technology, and we maintain our expansive knowledge base of current and proposed tax regulations.
Our friendly, licensed & certified tax specialists (Enrolled Agents and CETC Certified*), help us to focus on current and new tax laws. All tax returns are automatically checked for accuracy by software designed specifically for the return type. Completed returns are then reviewed by a second set of eyes (company principle or staff enrolled agent) before meeting with the taxpayer for review and to ensure the taxpayer understands all aspects of the returns prior to its filing. At Egggsact Tax, Inc. we know how busy yiour schedule is and can arrange to handle your taxes without even having you step inot any of our 4 convenient offices.
The staff at NestEggg went over and beyond and treated me like I was their only client, thanks Tim & Jeffrey!
Egggsacttax prepared my latest income tax returns. They were fast, effective, knowledgable, and professional. Everything they promised was delivered on schedule, and with a friendly demeanor. I would recommend Egggsacttax highly and without reservation.
Egggsacttax tax is wonderful. Takes the "scary" out of doing taxes. They were professional, courtsey and operated with a sense of urgency that I would expect. They helped me clean up an issue that had been going on for a year or so. I would highly recommend them.
*Enrolled Agent: An Enrolled Agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part comprehensive IRS test covering individual and business tax returns, or through experience as a former IRS employee. Enrolled agent status is the highest credential the IRS awards. Individuals who obtain this elite status must adhere to ethical standards and complete 72 hours of continuing education courses every three years.
Enrolled agents, like attorneys and certified public accountants (CPAs), have unlimited practice rights. This means they are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent clients before.
*CETC Certified: CTEC Registered Tax Preparers (CRTP) must First complete 60-hours (45 hours federal and 15 hours’ state) of qualifying tax education from a CTEC Approved Provider, obtain a PTIN (Preparer Tax Identification Number) from the IRS,purchase a tax preparer bond and register with CTEC within 18 months from the completion date on the certificate of completion.
Tax planning is a broad term that is used to describe the processes utilized by individuals and businesses to pay the taxes due to local, state, and federal tax agencies. The process includes such elements as managing tax implications, understanding what type of expenses are tax deductible under current regulations, and in general planning for taxes in a manner that ensures the amount of tax due will be paid in a timely manner.
One of the main focuses of tax planning is to apply current tax laws to the revenue that is received during a given tax period. The revenue may come from any revenue producing mechanism that is currently in operation for the entity concerned. For individuals, this can mean income sources such as interest accrued on bank accounts, salaries, wages and tips, bonuses, investment profits, and other sources of income as currently defined by law. Businesses will consider revenue generated from sales to customers, stock and bond issues, interest bearing bank accounts, and any other income source that is currently considered taxable by the appropriate tax agencies.
In many cases, a primary goal of tax planning is to apply current laws in a manner that allows the individual or business to reduce the amount of taxable income for the period. Thus, planning for taxes involves knowing which types of income currently qualify for as exempt from taxation. The process also involves understanding what types of expenses may be legitimately considered as deductions, and what circumstances have to exist in order for the deduction to be claimed on the tax return.
There are three common approaches to tax planning for the purpose of minimizing the tax burden. The first is to reduce the adjusted gross income for the tax period. This is where understanding current tax laws as they relate to allowances and exemptions come into play.
A second approach to tax planning is to increase the amount of tax deductions. Again, this means knowing current laws and applying them when appropriate to all usual and normal expenses associated with the household or the business. Since these can change from one annual period to the next, it is always a good idea to check current regulations.
One final approach that may be applicable to effective tax planning has to do with the use of tax credits. This can include credits that relate to retirement savings plans, college expenses, adopting children, and several other credits. One common example of a tax credit is the Earned Income Credit, which is intended to relieve the tax burden for persons who earn less than a certain amount within a given calendar year
Our growing team of experienced Tax Specialists (Certified Tax Preparers, Enrolled Agents, Tax Resolution Specialist, Tax Planners and CPA’s ) can make this entire process on that is affordable and as easy as taking that first step to make the call to schedule an appointment. The Best time to do this is before well Tax Deadlines ( Businesses March and September 15th, Personal April and October 15th), so make your appointment today.