At By the Square Taxes we offer Accounting and Bookkeeping services, Filing Taxes and help with business entity choices when you start a new business.
Filing taxes by yourself can be a daunting and challenging experience. The variety of Tax credits and deductions as well as changes to the tax law have created a perfect storm for easy to make mistakes. These mistakes can cost you thousands of dollars in extra taxes or credits not claimed. These mistakes could result in an Audit letter from the IRS. In 2018 The Tax Cuts and Jobs Act was signed by congress which changed the tax code in a variety of ways. This has made self filing taxes more complicated than before.
The changes in tax laws, tax forms as well as deductions and credits makes working with a tax professional more valuable. 2018 studies have shown that more people who receive the Earned Income Tax Credit or the Child Tax Credit are being audited at a higher rate than the rich. This is mainly due to the easiness in making mistakes when claiming those credits. Don’t be held liable for not knowing what you are legally allowed to claim when preparing your own taxes.
We at BTST believe in getting the most deductions and credits that you are legally allowed to claim while protecting you from making costly mistakes. Our goal is to help individuals, small business owners and independent contractors to keep more of your hard earned money.