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byAlma Abell
Taxes can be confusing and complex, especially when you peak behind the curtain:
* Each year, the IRS receives over 145 million individual returns and collects almost $1 trillion in tax revenue.
* In 1913, our nation’s tax code was barely 400 pages long, while today it is encompasses more than 70,000 pages.
* Even though the company General Electric made over $3.9 billion in domestic profits during 2010, it paid exactly $0 in taxes due to loopholes and subsidies.
* Based on a recent investigation, Americans spend more than $26 billion each year just to file their taxes.
* After accounting for bills and other expenses, the typical person has to work approximately 100 days to make enough money to pay his or her taxes.
The Advantages of Working with a Tax Expert
As you might imagine by now, our country’s tax regulations are multifaceted and very complicated, which is why professional tax preparation services in Brooklyn are so crucial in today’s day and age:
* The IRS estimates that the typical individual spends almost 25 hours organizing and preparing his or her tax returns, while today’s tax preparation services can accurately complete your return in a fraction of the time.
* Your local tax expert can also uncover and apply various deductions and savings that you wouldn’t be able to spot on your own, especially if you’ve engaged in property transactions or alternative investments during the past year.
* Even though less than 1% of taxpayers are audited each year, your tax preparer will be able to provide top-notch representation in the event of an IRS enquiry – this integral support is a standard inclusion in today’s tax preparation services.
Your tax expert will be able to guarantee an efficient, error-free return, which is why more than 75% of American taxpayers believe that they benefit significantly from using professional tax preparation services.
Finding a Tax Partner Nearby
If you’re ready to entrust your taxes to a reputable local firm, make sure that their in-house team can tout the following aspects:
* Over 20 years experience
* Long standing history of representing clients in front of the IRS
* Free in-person evaluations
* Comprehensive assortment of individual and business tax services
But if you’d like to skip all of the stress associated with conducting online research, feel free to visit Thetaxadvocategroup.com to schedule your complimentary initial consultation.