+1 (262) 299-3772
12603 W. Cleveland Ave., New Berlin, WI 53151

Professional Tax and Accounting Services

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Individuals

  • Tax Preparation →

    In addition to preparing your current year tax returns, tax preparation services include a complementary review of your previous income tax return and a strategic plan to minimize future tax burdens. If something changes with your situation during the year, no problem, I am available year-round to assist with a proactive tax plan rather than waiting and reacting at next year's filing. Your Federal and State returns (when applicable) will be e-filed so you can get your refund faster. Each return is backed with my accuracy guarantee that if I make a mistake I will correct it for free as well as pay both penalties and interest. According to a study released by the US Government's General Accounting Office, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.

    Any box of software can ask the questions to cover current tax law changes, but if that question is not deciphered and answered correctly it can make quite a difference. There is really no substitute for assistance from a tax professional. I am experienced with Individual Income Tax Return Forms including the Form 1040 series; Form 1041 U.S. Income Tax Return for Estates and Trusts; and Business Tax forms including Form 1065 U.S. Return of Partnership Income, Form 1120S U.S. Income Tax Return for an S Corporation, and Form 1120 U.S. Corporation Income Tax Return.

    Personal Form 1040

    Annual income tax return filed by citizens or residents of the United States.

    Estate and Trust Form 1041

    The fiduciary of a domestic decedent's estate, trust, or bankruptcy estate uses Form 1041 to report:

    • The income, deductions, gains, losses, etc., of the estate or trust;
    • The income that is either accumulated or held for future distribution or distributed currently to the beneficiaries;
    • Any income tax liability of the estate or trust; and
    • Employment taxes on wages paid to household employees.
  • Tax Problems and IRS Tax Debt Settlement →

    No one likes seeing that piece of mail from the IRS or the State stating that you had errors or that you owe money. Do not panic. Give me a call and I will help decipher the letter, check to make sure it is accurate and develop a plan of action to alleviate the problem. If the problems are already deeper than that, please contact me immediately BEFORE contacting the IRS or the State yourself. Acting swiftly will help to be sure that tax liens or tax levies are not sanctioned against you. As an enrolled agent, I have earned the privilege of representing you before the IRS. I am unrestricted as to which taxpayers I can represent, what types of tax matters I can handle, and which IRS offices I can represent clients before.

    Tax Liens

    A federal tax lien is the government's legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government's interest in all your property, including real estate, personal property and financial assets. A federal tax lien exists after the IRS:

    • Assesses your liability;
    • Sends you a bill that explains how much you owe (Notice and Demand for Payment); and
    • You neglect or refuse to fully pay the debt in time.

    The IRS files a public document, the Notice of Federal Tax Lien, to alert creditors that the government has a legal right to your property.

    Tax Levies

    A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens. A lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.

    If you do not pay your taxes (or make arrangements to settle your debt), the IRS may seize and sell any type of real or personal property that you own or have an interest in. For instance,

    • The IRS could seize and sell property that you hold (such as your car, boat, or house), or
    • The IRS could levy property that is yours but is held by someone else (such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions).

    Offers in Compromise

    An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can't pay your full tax liability, or doing so creates a financial hardship.

    Innocent Spouse Filings

    Many married taxpayers choose to file a joint tax return because of certain benefits this filing status allows. Both taxpayers are jointly and individually responsible for the tax and any interest or penalty due on the joint return even if they later divorce. This is true even if a divorce decree states that a former spouse will be responsible for any amounts due on previously filed joint returns. One spouse may be held responsible for all the tax due even if all the income was earned by the other spouse.

    Tax Payment Plans

    You can make monthly payments through an installment agreement if you're not financially able to pay your tax debt immediately. However, you will reduce or eliminate the amount of penalties and interest you pay and avoid the fee associated with setting up an installment agreement if you pay your tax bill in full.

    Audit Representation

    During an income tax audit or examination, the IRS and all states allow a taxpayer to have an authorized representative. The representative must have permission to practice before the IRS or state, and specific credentials are required. The types of representatives who are allowed to represent taxpayers before the IRS in income tax audits include attorneys, CPAs, and enrolled agents.

    An audit representative develops the strategy used to defend the taxpayer's position. He or she assists the taxpayer in preparing all documents requested by the taxing authority and typically attends all meetings and handles correspondence on behalf of the taxpayer.

  • Tax Planning →

    Tax planning is the logical analysis of a financial situation or plan from a tax perspective, to align financial goals with tax efficiency planning. The purpose of tax planning is to discover how to accomplish all of the other elements of a financial plan in the most tax-efficient manner possible. Tax planning thus allows the other elements of a financial plan to interact more effectively by minimizing tax liability.

Businesses

  • Tax Preparation →

    In addition to preparing your current year tax returns, tax preparation services include a complementary review of your previous income tax return and a strategic plan to minimize future tax burdens. If something changes with your situation during the year, no problem, I am available year-round to assist with a proactive tax plan rather than waiting and reacting at next year's filing. Your Federal and State returns (when applicable) will be e-filed so you can get your refund faster. Each return is backed with my accuracy guarantee that if I make a mistake I will correct it for free as well as pay both penalties and interest. According to a study released by the US Government's General Accounting Office, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.

    Any box of software can ask the questions to cover current tax law changes, but if that question is not deciphered and answered correctly it can make quite a difference. There is really no substitute for assistance from a tax professional. I am experienced with Individual Income Tax Return Forms including the Form 1040 series; Form 1041 U.S. Income Tax Return for Estates and Trusts; and Business Tax forms including Form 1065 U.S. Return of Partnership Income, Form 1120S U.S. Income Tax Return for an S Corporation, and Form 1120 U.S. Corporation Income Tax Return.

    Partnership Form 1065

    Form 1065 is an information return used to report the income, gains, losses, deductions, credits, etc., from the operation of a partnership. A partnership does not pay tax on its income but "passes through" any profits or losses to its partners. Partners must include partnership items on their tax or information returns.

    Corporation Form 1120 and S-Corp

    Use Form 1120, U.S. Corporation Income Tax Return, to report the income, gains, losses, deductions, credits, and to figure the income tax liability of a corporation.

    S corporations are corporations that elect to pass corporate income, losses, deductions and credit through to their shareholders for federal tax purposes. Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates. This allows S corporations to avoid double taxation on the corporate income. S corporations are responsible for tax on certain built-in gains and passive income.

    Use Form 1120S to report the income, gains, losses, deductions, credits, etc., of a domestic corporation or other entity for any tax year covered by an election to be an S corporation.

  • Payroll Services →

    Small business payroll - Comprehensive or After-the-fact payroll
    Why spend time and hours learning all the rules, keeping your software up-to-date and making sure all your reports are filed timely when you would be better off focusing on your core competencies? This worry free payroll service allows you to take care of what you do best while I calculate and generate the paychecks for you. Report filing, tax deposits and issuing W-2's at year-end are all included in this service. There is no need to hire a specialized employee to handle this confidential information when it can be done for you for a fraction of the cost.

    W-2, W-3, 1099 and miscellaneous report generation - So you decided to tackle the regular payroll yourself, but you are not ready to complete all the year end reports and filings. Bring in your finalized payroll and vendor pay reports and I will issue and file the required reports.

  • Bookkeeping and Financial →

    As a small business owner you have more important things to do to generate money than to deal with the tedious administrative tasks of keeping your own books. I will reconcile your bank accounts every period and generate financial statements based on the information provided. These comprehensive reports help keep your business operations on track and your day to day operations focused and running smoothly.

  • Statement Preparation →

    Form W-2, Wage and Tax Statement
    Every employer engaged in a trade or business who pays remuneration for services performed by an employee, including noncash payments, must file a Form W-2 for each employee.