List of Tax preparation and planning services provided by a US CPA
Tax preparation and planning services provided by a US CPA can cover a wide range of tax-related matters for individuals, businesses and organizations. Some of the specific areas that may be covered include
1. Individual tax returns: A US CPA can help individuals prepare and file their federal, state and local tax returns.
2. Business tax returns: A US CPA can assist businesses in preparing and filing their tax returns, including C corporation, Partnership, LLC and S Corporation tax returns.
3. Tax planning: A US CPA can provide advice and guidance on tax planning strategies, including strategies to minimize tax liabilities and take advantage of available tax incentives.
4. Tax compliance: A US CPA can help businesses and individuals comply with tax laws and regulations, including filing requirements and payment deadlines.
5. Tax audits: A US CPA can represent individuals and businesses in tax audits by the Internal Revenue Service (IRS) and state tax authorities.
6. International taxation: A US CPA can provide advice and support to businesses with international operations, including compliance with foreign tax laws.
7. Estate and gift taxation: A US CPA can assist with estate and gift tax planning and preparation.
Overall, tax preparation and planning services provided by a US CPA can help businesses and individuals navigate complex tax laws and regulations, reduce their tax liabilities and avoid penalties and fines for noncompliance.