Income taxes

INDIVIDUAL TAXES

With over 40 years combined experience completing individual income taxes containing almost every form the IRS has available, we can handle your taxes effectively and efficiently. Earned income credit, child tax credit, education credits, renter's credit, child care credit or even less common credits such as retirement savings credit and adoption credit are just part of our daily work.

We often work with homeowner's deductions, charitable contributions, gambling income and losses, Individual Tax identification Numbers (ITIN) and all allowable deductions, credits and types of income.

At Uptown we have the knowledge and expertise to handle your unique specific situation.

CORPORATE TAXES

C-Corporaton income taxes

Corporation taxes can be complicated and the rules can be difficult to understand. We know the information needed to complete the return and how to use that information to arrive at the best possible result for your corporation. We also advise you on what you can do to limit your tax liability in future years.

S-Corporation income taxes

Type S Corporations have special rules but also provide special tax benefits that we know how to take advantage of to save you tax dollars. As a pass-through entity, we complete these taxes in conjunction with your personal income taxes in order to get your the maximum tax savings allowed.

PARTNERSHIP

Running a business with others can be challenging. We help you understand from a tax perspective what is allowed and creative ways to avoid tax when possible and work with you to create strategies to help you do even better in future years.

LLC - Limited Liability Companies

Did you know LLC's are not recognized by the IRS? There is no tax form for them. You probably formed an LLC for liability protection. For tax purposes LLC's are incredibly flexible. We can help you classify your LLC in the most tax beneficial way for your business and yourself.

SOLE PROPRIETOR

The most common and easiest form of business to begin. Currently over 20 million people in the U.S. are taking advantage of their skills and going into business for themselves. We know how to help you understand the tax implications of your business operations. We can complete your taxes and advise you how to lower your tax liability in the future or even what other forms of ownership may be best for your business.

REAL ESTATE

Creating your real estate empire? We work with investors that own property in their home state and across the United States. We can help you understand how prepaid rent, capital improvements, repairs, depreciation and all other income and expenses unique to owning real property can be used to better your tax position.

NON-PROFIT

Churches, community organizations and even a credit union have trusted us to handle their annual income and expense declarations. We would be happy to discuss your non-profit organization with you.

HOA - HOME OWNERS ASSOCIATIONS

Whether you are a 4 house group or a 100 unit condominium association we can help you with your IRS 1120H. We have been helping Homeowner's associations with their income forms for several years and would be happy to help your organization.

Need to renew your ITIN? We are a Certified Accepting Agent and can help you renew your ITIN at the time of filing your tax return.

An ITIN does not:
• Authorize work in the U.S.
• Provide eligibility for Social Security benefits
• Qualify a dependent for Earned Income Tax Credit Purposes.