Accountants are the one who are responsible for maintaining the financial health and honor of a business, specific client, or government agency. To ensure all these responsibilities, they need to maintain accurate records and ensure that taxes and get paid properly within the time frame, analyze and communicate financial information, verify financial documents, make transfers of capital or income and as well make financial & investment planning for their clients.

Tax law in Columbia Maryland is bit complicated, but comprehensive understanding enable you to completely make use of tax deductions and credits to save as much as hard earned money as possible. KauffmanKim, LLP has certified tax professionals & consultants who have the expertise to make the preparation process as easy as possible and minimize your tax liability with careful planning. Our professional tax accountants and consultants are ready to serve your tax preparation services in Columbia and Ellicott City, MD.

Kauffman Kim, LLP tax preparation services Columbia MD are 100% online provided through client portal and most tax returns are done about one or two week turn around. Many times it has seen that both individual taxpayers and business remain attentive about the tax filing season and income tax returns. Hence business owners must understand the value of taking the time to prepare their taxes to ensure they have all documents to escape from unwanted errors. In that case you may rely on your financial planner for assistance with tax return preparation in Columbia, MD and beyond.

Steps involved for tax preparation

• Schedule an appointment to talk about your tax related issue in person or through phone

• Send documents either in person or via regular electronic methods or through secure client file exchange web portal.

• Sign the engagement letter

• Sign e-file authorization form for electronic filing but only when return is done.

• Receive tax return-either in person or electronically

Tax Planning

As far as tax planning is concerned, your tax planner first analyzes your previous tax return and then current year financials and then after estimates your tax refund or liability. Based on the projection, we also analyze the financial situation from a tax perspective and look for possible tax strategies. No matter whether you need a tax-saving retirement plan, college saving plan, tax gain-loss harvesting, or any other creative tax strategy, we at Kauffman Kim, LLP provide both pros and cons of each possible setting for the best possible outcome.

If creating your tax strategy, planning your taxes and preparing your tax documents is a tedious task for you, then tax accountant in Columbia MD service provider best optimizes your tax deduction providing preparing financial statements, creating budgets and forecasts, managing cash flow to your business, tax advisory and much more to reduce your tax liability and help you plan your taxes in a better way.

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