This email address is being protected from spambots. You need JavaScript enabled to view it.

We Provide Quality Services

Certified Public Accountant

Personal Tax Returns

What is an 'Individual Tax Return'

An individual tax return is a form the individual submits to a federal, state or local taxing agency to report income, calculate and pay taxes. The disclosure of pertinent information assists in assessing the tax due.

The Internal Revenue Service is the taxing authority in the U.S. The United States has a voluntary reporting system that permits the electronic or hard-copy filing of individual tax returns. Countries around the world have taxing agencies who oversee tax collection. Some tax agencies provide individual taxpayers with pre-filled individual tax returns, while others require the taxpayer fill and file the returns on their own. Also, some countries permit electronic filing of online returns, while others insist on a documentary, hard-copy submission.

The individual tax return is a type of income tax return filed by an individual. Both single and married taxpayers, with and without dependents, file a return. Individual filers always file their returns on a version of Form 1040. Every individual filer who earns a certain amount of income must file this type of tax return.

Individual taxpayers complete Form 1040, Form 1040A, or Form 1040-EZ. Once complete, the taxpayer will submit the form by the day which falls on or near April 15th of each year. The selection of the individual tax return form to complete depends on the individual's filing status, their income, the deduction they wish to claim, and any credits that are due to their specific situation.

Every U.S. state, even those without a state income tax, has a state taxing authority. This agency oversees the annual collection of state tax. Taxpayers file individual state tax returns unique to the state. Most state tax returns assess and calculate tax concerning line items from the federal tax return.

Contact our team and see the many benefits of having a Certified QuickBooks ProAdvisor on your team!

A Light for Navigating Your Financial Path

All Services

Certified QuickBooks Proadvisor

Certified QuickBooks ProAdvisors are experts who have been tested and certified by Intuit (makers of QuickBooks) on a range of QuickBooks products.

QuickBooks Set Up

Although QuickBooks is designed for the layman to understand, the initial setup and installation must be done correctly in order for future information to be accurate.

Business Tax Return

A business tax return is basically an income tax return. The return is a statement of income and expenditure of the business.

Personal Tax Returns

An individual tax return is a form the individual submits to a federal, state or local taxing agency to report income, calculate and pay taxes.

Quarterly & Monthly Filings

Quarterly & Monthly filings include key accounting and financial data for a company, including gross revenue, net profit, operational expenses, and cash flow.

Financial Statement Preparation

Financial statements show how well a company has performed over the year and the level of profit achieved.

Consulting Services

Another tax season is here! I suggest making an appointment as soon as possible after you have received all the necessary paperwork. Form 1040 for US Individual Income Tax Return Annual income tax return filed by citizens or residents of the United States.

Payroll Preparation

Preparing payroll involves a series of basic calculations to determine each employee's base pay as well as deductions for state and federal taxes, and employee contributions to retirement funds and health insurance plans.

Bookkeeping Services

A bookkeeping service offers a three-tiered approach to developing and maintaining your company’s overall financial processes and management.

Bank Financing

CPA consulting services to help small business owners to take bank financing. If you are growing your business and you need money, bank financing can be a good option.
Contact Us
Invalid Input

Invalid Input

Invalid email address.

Only letters and numbers are allowed

Invalid Input

Get in Touch

 (281) 861-7718  
This email address is being protected from spambots. You need JavaScript enabled to view it. This email address is being protected from spambots. You need JavaScript enabled to view it.  
 Location

 (281) 861-7718  This email address is being protected from spambots. You need JavaScript enabled to view it. This email address is being protected from spambots. You need JavaScript enabled to view it.   Location


© 2020 Alfredo Gaxiola, CPA. All rights reserved.
Website designed by LaraNet | Expand Your Business!