Tax preparation for Boyd and southeast Wise County, including self-employed and royalty filings.
Call (817) 480-6649Boyd is a short run north of Azle, and it is squarely inside our service area. The mix runs to self-employment, small business, and households with royalty or mineral income.
For self-employed clients the same fundamentals apply everywhere and they are the things that actually determine the outcome: separate accounts, contemporaneous records, quarterly estimates, and deductions that are defensible rather than optimistic.
Where there is mineral or royalty income, depletion and the correct treatment of lease bonuses versus royalties are the items most often got wrong, and they compound over years.
You deal with the preparer, not a call centre.
Federal returns for individuals and families, including situations with rental property, investment income, dependents and life changes during the year.
Self-employment tax, quarterly estimated payments, business deductions and the recordkeeping that supports them.
Sole proprietorships, partnerships, LLCs and S corporations, plus the entity and compensation questions that come with them.
Getting the books to a state where preparation is straightforward and deductions are captured rather than reconstructed.
Bringing prior years current, establishing what is actually owed, and addressing payment through the available options.
Understanding what a notice actually says, what it requires, and responding with documentation before the deadline.
Yes. Boyd is part of our regular service area. We prepare individual returns, small business and self-employed returns, and we work with clients who are behind on filing or dealing with IRS correspondence.
Photo ID and Social Security numbers for everyone on the return, all income documents including W-2s and any 1099s, last year's return if we did not prepare it, records of deductible expenses, and details of anything that changed during the year — a marriage, a new dependent, a home purchase or sale, a new business. If you are self-employed, bring your bookkeeping records or a summary of income and expenses.
Yes, and it is a large share of what we do. Self-employment tax, quarterly estimated payments, deductions, entity questions and bookkeeping all come up regularly. If you are newly self-employed, a conversation early in the year is worth considerably more than one at filing time.
Yes, and it is more common than people think. The general approach is bringing the unfiled years current, determining what is actually owed, and then addressing payment through the available options. Filing is what stops the failure-to-file penalty from continuing to accrue, and unfiled returns generally have to be current before most resolution options become available.
Yes. Most IRS correspondence concerns one specific item on one specific return and is resolved by responding with documentation before the stated deadline. Bring the notice, the return it concerns, and your supporting records, and we will work through what it actually requires.