How to Get Your Tax Returns Filed with Anderson…

Step 1

Look Back

Our tax pro’s will run a two-year tax review or your last two filed 1040 Individual Income Tax Returns, giving you the opportunity to amend the returns and put a few more dollars back into your pocket.

Step 2

Document the Present

During our Keep More Solution process, Advisors conduct a review of your personal activity, business entities and investments and document your current tax structure with important deadlines and compliance items.

Step 3

Books and Financials

By reviewing your current bookkeeping practices and finances, we’ll incorporate a plan in place to maximize profits and minimize tax liabilities.

Step 4

Look To The Future

Once we look back, document the present, and know you have your compliance handled, we can look to the future with tax planning and preperation. Our team will help plot the best path forward to reach your financial goals by using the tax laws to your advantage.

The Anderson Tax Advantage Program

Let a professional Tax Advisor save you thousands of dollars.

Look Back

Our tax professionals will conduct a two-year tax review of your last two filed 1040 Individual Income Tax Returns. The purpose of the two year tax review is to look for any missed deductions, errors in preparation, and to gain familiarity with your current investments and entities. Before looking forward, you should always look back.

This two-year Tax Review is performed by our Tax Advisor Team which is composed of CPAs, EAs, and tax attorneys with years of experience and specialists in reviewing past returns. They will look at your past returns for any mistakes and make sure you did not leave any money on the table.

Many times, we are able to find missed deductions or errors in prior preparation, giving you the opportunity to amend the returns and put a few more dollars back into your pocket. It is also an essential first step to developing your tax plan.

Document the Present

The US tax code is ever changing. Our Keep More Solution call is the beginning of a continual process to minimize your overall tax liability. Our Tax Advisors conduct a review of your personal activity, business entities and investments and document your current tax structure with important deadlines and compliance items.

This step helps reduce your tax burden under the Tax Code so you can “keep more” of your hard-earned money and use it in other areas that will benefit you, your business, and loved ones who will carry on your legacy.

The Keep More Solution is centered around a review of your existing tax practices to ensure you are set up in the most efficient way. Our Tax Team is composed of CPAs, EAs, and tax attorneys with years of experience who will review your entities and the flow of funds through them from a tax perspective and begin looking at strategies to help reduce taxes.

Books and Financials

The third step is reviewing your current bookkeeping practices and finances and ensuring you have a plan in place to maximize the benefits that come with good books.

We will offer solutions for clients who do not have experience with the IRS requirements for books and records and show them simple ways to be in compliance while at the same time reaping the rewards that come with knowing your numbers.

In our experience, there is nothing as important to minimizing tax liabilities and maximizing profits as Keeping Good Books. Your tax prep time will be a fraction of what it was in the past and you will be able to take steps to maximize “what you keep” through tax planning. It all starts with good books.

In your meeting with our bookkeeping specialist, they will review your current practices and financials. For clients who use their own bookkeepers or handle bookkeeping duties themselves, we review the charts of accounts of the various businesses to ensure compliance.

For clients who do not have bookkeepers, who do not have experience bookkeeping or who simply want help, we customize a plan for them with our bookkeeping department. We offer everything from virtual bookkeeping services where clients handle most of the recordkeeping to full-service bookkeeping services where we maintain the company books for any entities requested.

We are an Intuit “Firm of the Future” because of our innovative use of Quickbooks and Inuit products to save clients time and money.

Look To The Future

Once we look back, document the present, and know you have your compliance handled, we can Look to the Future with tax planning and preparation.

Our team will help plot the best path forward to reach your financial goals by using the tax laws to your advantage. Whether the plan maximizes deductions, changes accounting methods, uses retirement plans or other income-splitting techniques, or a combination of them all, our team will work with you to discuss what steps you need to take to implement your plan and what tax returns are necessary.

While using our team to prepare your taxes is not a requirement of this step, you may certainly utilize our team to prepare and file any necessary returns for both you and your entities. When you choose Anderson to complete your tax returns, you can feel confident that you’re hiring an experienced team of tax professionals, including CPAs, EAs, and expert tax attorneys who will utilize their knowledge of the latest Tax Code updates to help you keep more of the money you earn, putting it to use where you want.

We have found that following these steps gives you the best chances of success and reduces stress, audits and mistakes. Skipping steps has shown to cause confusion and negative results. Do not skip steps – by following this path of successful investors, entrepreneurs, and business owners, you’ll reap the same rewards.

The Anderson Tax Advantage Program

When it comes to preparing our tax returns, it’s well worth hiring outside experts to help us. You might save a few hundred dollars at the cost of making a few thousand dollars.

Tax Year End Tax Return Due Date (If Filing an Extension, the Extension Must Be Filed By This Date as Well) Extended Filing Due Date Tax Organizers Sent to Anderson After This Date Will Incur an Expedite Fee
December 31st April 15th October 15th March 15th for Regular Filing (September 15th if Extension was Filed)

Tax Year End Tax Return Due Date (If Filing an Extension, the Extension Must Be Filed By This Date as Well) Extended Filing Due Date Tax Organizers Sent to Anderson After This Date Will Incur an Expedite Fee
December 31st April 15th September 15th March 15th for Regular Filing (August 15th if Extension was Filed)
March 31st July 15th January 15th June 15th for Regular Filing (December 15th if Extension was Filed)
June 30th September 15th April 15th August 15th for Regular Filing (March 15th if Extension was Filed)
September 30th January 15th July 15th December 15th for Regular Filing (June 15th if Extension was Filed)

Tax Year End Tax Return Due Date (If Filing an Extension, the Extension Must Be Filed By This Date as Well) Extended Filing Due Date Tax Organizers Sent to Anderson After This Date Will Incur an Expedite Fee
December 31st March 15th September 15th February 15th for Regular Filing (August 15th if Extension was Filed)

Tax Year End Tax Return Due Date (If Filing an Extension, the Extension Must Be Filed By This Date as Well) Extended Filing Due Date Tax Organizers Sent to Anderson After This Date Will Incur an Expedite Fee
December 31st March 15th September 15th Feb 15th for Regular Filing (August 15th if Extension was Filed)

Tax Year End* Tax Return Due Date (If Filing an Extension, the Extension Must Be Filed By This Date as Well) Extended Filing Due Date Tax Organizers Sent to Anderson After This Date Will Incur an Expedite Fee
December 31st April 15th October 15th March 15th for Regular Filing (September 15th if Extension was Filed)

For federal taxes, the tax deadlines and treatment follow the tax return of the owner(s).  There may be state tax return obligations as well.  See your tax professional to determine relevant dates and return filing requirements.

FAQ
What is a Tax Organizer?

A Tax Organizer is a packet you complete to provide our tax department all the information they need to prepare and file your tax returns. There are different organizers for your Individual, Corporate, Partnership or LLC return. The information added to the organizer is related to the income and deductions associated with you and/or your business.

 

What information do I need to complete the Tax Organizer?

The Tax Organizer has detailed instructions, including a list of everything you will need to submit. In order to complete the Tax Organizer for your personal return, you will first need your W-2 and/or 1099.

 

When do you need my Tax Organizer returned?

Tax season is quickly approaching and the sooner we receive your completed Tax Organizer, the sooner we can complete your return. In order to provide the highest level of customer service to our clients we do require an expedite fee to rush filing your return if we receive the organizer and all supporting documents any time within 30 days of the due date. If all information is submitted before 30 days to the due date, no expedite fee will be charged.  

 

Will you file my state tax return as well?

Yes, we can file all state returns that are due. Our team will notify you if you have a state tax return due at the same time as the federal return or a different date.