Let Platinum Tax and Insurance Save You Money.
While there are some benefits to filing your own taxes, the risks outweigh the reward. Our tax experts have more than three decades of experience in the accounting industry and we prepare taxes for both individuals and small businesses.
Filing your Federal, Florida and local taxes is one of the many things you have to do that can turn into a hassle. Although filing your taxes yourself might seem like a good idea, there are many reasons why Let Platinum Tax and Insurance should handle your finances instead.
Unlike large national chains, our professionals at Platinum Tax and Insurance treat you like a person, not a number.
Unless you can devote days to filing your own taxes, Platinum Tax and Insurance can save you time. If you have complicated tax returns, our experts already know the Pennsylvania tax code and can quickly file your return that might take you days to complete. Even if you have a fairly simple tax return, Platinum Tax and Insurance can give you peace of mind by taking away the stress of filing taxes.
BETTER THAN SOFTWARE
There are countless tax filing websites and software you can buy to file your own taxes. However, at Platinum Tax and Insurance, we use the best professional grade software that gives us more advanced options to organize or itemize your tax returns. We can also find more ways to save you money through tax breaks and deductions.
When you work with our tax professionals consistently, we begin to understand how you want your financial situation to look over the long term. Once we get an idea of your goals, we can make financial suggestions that will benefit your future.
If you are a business owner in the Tampa, Brandon and its surrounding areas, Florida, or Hillsborough county area, it is almost imperative to have your taxes filed by our professionals. Don’t put your business on the line and risk getting in trouble with the government by incorrectly filing your own taxes. Platinum Tax and Insurance will work with you to understand your financial situation and goals and come up with a personalized tax plan to maximize your refund.
GET IN TOUCH WITH Platinum Tax and Insurance!
If you want to make sure you are getting the greatest refund from your taxes, or you are a small business owner with complicated tax returns, call Platinum Tax and Insurance. We provide free initial consultations and have flexible appointment times.
Worried About Keeping Your Books Effectively?
PLATINUM TAX AND INSURANCE HAS THE EXPERTS YOU NEED
Bookkeeping is keeping a financial record of your business and is required by law. Not only must you keep your financial records for at least six years, bookkeeping helps you get a handle on where your money is going for your company. Our bookkeeping professionals can handle the financial records for any small to medium-sized business.
Hiring Platinum Tax and Insurance for your bookkeeping needs can save you time and frustration. There is already a great deal of stress in owning a small business and you don’t need to add bookkeeping to the list. Our professional bookkeeping services will give you back the time you spend keeping your financial records so you can spend more time with your family, on your business, or relaxing.
Platinum Tax and Insurance can also spot mistakes you may have made while doing your own books and keep your records organized, which could help you sell your business in the future. Improper bookkeeping can hinder your business down the road and even cause your business to close. Don’t let bookkeeping keep you from owning your business.
In addition to our professional bookkeeping services, Platinum Tax and Insurance can also help you with your tax preparation, payroll services and the IRS. If you’re ready to gain control of your time and money, call Platinum Tax and Insurance.
Small Business Payroll
Don’t Waste Your Valuable Time on Payroll
PLATINUM TAX AND INSURANCE CAN TAKE THAT STRESS AWAY
While some business owners have a DIY mindset and don’t want to hire outside help to manage finances, payroll is a different beast that needs professional attention. Even if you only have a few employees, payroll involves tax codes and other Federal and Florida laws that must be followed. Even a small error can have long-term consequences and Platinum Tax and Insurance doesn’t want you to worry about whether you are completing payroll correctly.
We have more than 3 years of experience helping Florida businesses sort through their payroll and financial documents. We create a customized plan for each business and provide personal service all year. Unlike other large tax corporations, our professionals at Platinum Tax and Insurance treat you like a person, not a number.
Owning a small business is stressful enough without being penalized for improper payroll documentation. Platinum Tax and Insurance can help organize your payroll services and make sure your paperwork is completed properly and accurately. In addition to our payroll services, we also offer tax preparation services, bookkeeping services and IRS help.
To get a handle on the administrative tasks associated with your business, call Platinum Tax and Insurance. We want to help you organize your payroll and keep your business moving forward.
If you are ready to take your business and personal tax planning and resolution services to the next level.
Schedule your free consultation now.
So, you’ve received a letter about your taxes in the mail. What is the next step? Call Platinum Tax and Insurance. We can help you through the process of dealing with the IRS, or local tax administrator. The worst thing you can do is to do nothing! These letters need to be answered promptly and accurately in order to preserve your rights and reduce the likelihood of further collection action. Many of these letters are requests for additional information or documentation. Some are issues involving records that don’t match tax documents. In fact, many of these notices will eventually result in no change to your account when handled properly.
Even being audited by the IRS doesn’t mean you have to panic. Platinum Tax and Insurance in Tampa, Florida knows how to get you through the process with the best possible outcome. Our experts take care of everything involved with the auditing process from the time you receive the notice to the time the IRS notifies us of the outcome of your audit. In addition to providing IRS help services, we can also help you with tax preparation, bookkeeping, payroll and insurance needs.
If you’ve received a letter from the IRS or any State or local tax agency, call Platinum Tax and Insurance. We can help you through the process.
As important tax records start filling mailboxes, how can you make sure your tax preparation goes smoothly and efficiently this year? Here are some tips.
Keep it all in one place. It seems obvious, but how often have you found yourself going through piles of paper looking for that elusive 1099 tax form or charitable deduction receipt? If you only do one thing, this is it.
Time to sort. Now that everything is all together, best practice is to sort your information into the same buckets used in your tax return. At a minimum, sort the information into the basic categories below. If you have a lot of one category, sort that stack into the following sub-categories.
B. Income Adjustments
C. Itemized Deductions
D. Credit Information
Note: Remember this list is not all-inclusive, it is here to help you sort your information into a usable form to make tax filing easier.
Not sure bucket. There may be things you receive that you are not certain about needing for tax filing purposes. These items should be gathered in one place for review.
Sum it up. Once the information has been categorized, create a summary of the information. This summary can be a printed copy of an organizer or it could be a simple recap you create.
Is something missing? Pull out last year’s tax return and create a list of things you needed last year. Use this as a checklist against this year’s information. While this process will not identify new items, it will help identify missing items that qualified in prior years.
Finalize required documentation. Certain deductions require substantiation and/or logs to qualify your expense. Common areas that require this are: business mileage, charitable mileage, medical mileage, moving mileage, non-cash charitable contributions, and certain business expenses. These logs should be maintained throughout the year, but now is a good time to make sure they are complete and ready to go for tax filing.
It is very easy to overlook something given the lengthy list of taxable income items, deductions and credits. By following these tips you can greatly reduce that risk.