Services

Income Tax Preparation

We are experts in preparing income tax returns for self-employed people, especially independent beauty Consultants and Directors of a certain global cosmetics company, however, we have experience assisting small businesses in various industries.

Our experience has shown that it makes a difference that the person who prepares your income tax return understands your particular situation (business). We understand home-based businesses, because we are one. Moreover, we know more about preparing tax returns containing a particular cosmetics business than probably any other tax preparer in the country. (See the Why Use Jeff page for examples.)

In fact, there probably is not another single tax preparer, or hardly another firm, in the United States that prepares as many cosmetics business tax returns as I do by myself. I probably prepare about 10 times as many tax returns containing a Schedule C, and about 50-100 times as many tax returns containing a cosmetics business, as most other preparers. And what a difference that makes.

For one client our expertise in that particular cosmetics business flipped their experience from paying $12,149 in additional tax in the prior year with a cautious, less knowledgable tax preparer to getting a refund of $11,338 in their first year with us.

As an example, just understanding how to fully deduct the free company car versus how their former tax preparer deducted it saved them over $8,600 in taxes.

In another instance, altogether over five tax years Jeff The Tax Man helped another client save OVER $41,000 in taxes through her cosmetics business.

If you wish for us to prepare your income tax return(s), then click below to download our custom designed Tax Worksheet and additional worksheets that apply to your specific situation.

*** Due to the complexity and large number of returns we have to prepare, please allow at least six weeks before any tax filing deadline for us to complete your tax return. We will reach out to you if we have any questions or need additional paperwork. ***

Tax Return Amendments

IRS rules allow you to amend an income tax return 3 years from the date it was filed or the due date of the tax return, whichever is later, and include any deductions that were overlooked on the original return.

In one example, Jeff The Tax Man made just two simple changes to a client’s prior three years’ returns and recovered over $9,000 in refunds for them.

In another example, he used his special knowledge of a certain global cosmetics company to recapture over $20,000 in refunds by amending one year’s federal and state returns for a Kansas City NSD and her husband.

If you have operated a cosmetics or other home-based business for longer than just last year and you wish us to amend 1 or more of those returns going back up to 3 years, then simply complete the appropriate worksheet from our Tax Worksheets page for that specific tax year and send us the completed worksheet, along with a copy of your originally filed tax return for that specific tax year.

Due to our heavy workload during February through October, the best time for us to amend tax returns is from November through January, unless the three year statute of limitations is about to expire.