Taxation
We'll take care of all your tax needs and make sure you're not getting taken to the cleaners by the Government.
Business Tax Returns
Highborn CPA provides comprehensive Business Tax Return services to help organizations navigate the complex and ever-changing tax landscape. These services include:
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Preparation and filing of various business tax returns, such as:
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Form 1120 (U.S. Corporation Income Tax Return)
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Form 1120-S (U.S. Income Tax Return for an S Corporation)
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Form 1065 (U.S. Return of Partnership Income)
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Form 990 (Return of Organization Exempt from Income Tax)
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Form 940 (Employer's Annual Federal Unemployment (FUTA) Tax Return)
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Form 941 (Employer's Quarterly Federal Tax Return)
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Form W-2 (Wage and Tax Statement)
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Form W-3 (Transmittal of Wage and Tax Statements)
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Reviewing financial statements and identifying potential tax savings opportunities
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Assisting with the calculation of estimated taxes
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Providing advice on tax planning and compliance
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Representing clients before the IRS and state tax authorities
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Keeping clients informed of changes in tax laws and regulations
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​Providing guidance on tax implications of business transactions
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Offering year-round support to ensure compliance with tax laws
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Tailoring services to meet the specific needs of each client
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Helping organizations minimize their tax liability
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Keeping the process of tax return as simple as possible.
Tax Planning
Turning the tax maze into a game you can win! Highborn CPA services include:
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Identification of tax-saving opportunities through review of income, deductions, and credits
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Analysis of current tax laws and regulations to determine potential impact on your tax liability
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Strategic planning for year-end tax moves to minimize tax liability
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Recommendations for tax-efficient investments, retirement planning, and other financial decisions
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Preparation and submission of estimated tax payments
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Assistance with tax compliance for individuals living and working in multiple states
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Review of prior year's tax returns for any missed opportunities or errors
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Communication with the IRS or state tax authorities on your behalf to resolve any issues or questions that may arise.
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Identification of potential audit triggers and advice on how to best prepare for an audit
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Review of tax planning opportunities related to business ownership, rental properties, and other sources of income
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Helping you plan for tax changes that may impact you in the future"
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Preparation and filing of Form 1040, the standard income tax return for individuals
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Identification and proper reporting of all income sources, including wages, salaries, tips, and self-employment income using form W2, W-9, 1099-MISC, etc.
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Determination of eligibility for and calculation of deductions and credits, such as the State and Local Tax Deduction, the Mortgage Interest Deduction, and the Child Tax Credit using Schedule A, Schedule C, Schedule D, etc.
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Review of prior year's tax returns to ensure accuracy and identify potential areas for tax savings
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Identification and reporting of any foreign income or foreign assets that may be subject to special tax rules using form 8938, 3520, etc.
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Correspondence with the IRS on your behalf in case of any questions or discrepancies.
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E-filing of your return and direct deposit of your refund, if applicable
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A friendly and approachable team of tax professionals to answer any questions you may have and guide you through the process.
Individual tax Returns
At Highborn CPA, our Individual Tax Return services include:
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Preparation and filing of Form 1040, the standard income tax return for individuals
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Identification and proper reporting of all income sources, including wages, salaries, tips, and self-employment income using form W2, W-9, 1099-MISC, etc.
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Determination of eligibility for and calculation of deductions and credits, such as the State and Local Tax Deduction, the Mortgage Interest Deduction, and the Child Tax Credit using Schedule A, Schedule C, Schedule D, etc.
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Review of prior year's tax returns to ensure accuracy and identify potential areas for tax savings
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Identification and reporting of any foreign income or foreign assets that may be subject to special tax rules using form 8938, 3520, etc.
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Correspondence with the IRS on your behalf in case of any questions or discrepancies.
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E-filing of your return and direct deposit of your refund, if applicable
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A friendly and approachable team of tax professionals to answer any questions you may have and guide you through the process.