Sales Tax Services
Monroe Income Tax and Accounting,Inc. prepares all sales tax filings and offers full sales tax audit representation.
Tax Planning
Our Firm monitors the changes in tax law that could affect you. It is our job to ensure that you pay no more tax than the law requires. We make it our first priority to recommend tax savings and strategies that will help you retain as much of your hard-earned money as possible.
We look at ourselves as your personal advocate in all of your tax matters. We understand that this task can be daunting—even overwhelming at times—especially if your goal is to reduce the amount of taxes you are paying. That’s why we at Monroe Income Tax have listed several basic ‘Tax-Cutting’ techniques that might help in the collection and preparation of your paperwork.
- Splitting income among several family members or legal entities in order to get more of the income taxes in lower brackets.
- Shifting income from one year to another in order to have it fall where it will be taxed at the lower rate.
- Shifting deductions from one year to another to place them where the tax benefit will be greater.
- Deferring tax liability through certain investments choices and through pension plan contributions.
- Structuring your affairs to obtain a tax deduction for some expenses paid for things you enjoy—a vacation, a home for example
- Evaluating existing investments to see if they are exempt from federal income tax, state income tax, or both.
Call us for a no-charge initial conference, or fill out our file-from-home form on the site. We want to discuss your financial and tax situation to determine how much we can save you in both past and present returns. We look forward to speaking with you.