Samuel Tax Services is a full-service accounting firm located in Baltimore, MD. We are an Authorized IRS e-file Service Provider. We are affordable, experienced, and friendly. To work with Samuel Tax Services face to face appointments are NOT required. By utilizing a secure website file upload to exchange your financial information, we can save you valuable time and resources. In other words, no matter where your business is located we will provide you timely and affordable services. How do we do it? Simple! Just Scan AND Upload!
Samuel Tax Accounting’s Paperless Tax Workflow
With today’s technologies, completely paperless work product is possible. Integrating the right technologies allows Samuel Tax Accounting to achieve a completely paperless tax workflow— from initial client data collection to e-fling returns and getting paid.
Services
Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government’s General Accounting Office, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer. Whether we like it or not, today’s tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there’s no substitute for the assistance of an experienced tax professional.
While it is preferred that you come in for a full discussion about your tax situation and filing Samuel Tax Services offers an online option. By utilizing a secure website file upload to exchange your financial information, we can save you valuable time and resources. In other words, no matter where your business is located we will provide you timely and affordable services. How do we do it? Simple! Just Scan AND Upload!
Samuel Tax Accounting’s Paperless Tax Workflow
With today’s technologies, completely paperless work product is possible. Integrating the right technologies allows Samuel Tax Services to achieve a completely paperless tax workflow— from initial client data collection to e-fling returns and getting paid. From tax planning to preparation of your returns, we provide an array of services to cover every aspect of your business and personal finances. Whether you need reorganize your business, transfer family property, or defer tax on the sale of assets, Samuel Tax Services has the expertise to help you achieve your goals.
Individual Tax Compliance and Consulting Services
We offers an integrated tax consulting and strategic advice to help you avoid missteps and proactively reduce your tax liability. We can also help you to realize your philanthropic goals by coordinating issues involving gifts, estates and trusts and the formation of tax-exempt entities.
Our Individual Tax services include:
- Federal and multi-state compliance
- Estate planning
- Business succession planning
- Private Accounting and Family Office Services
- Entrepreneurial business owner wealth and tax planning
- Expatriate planning and compliance
Individual Tax Returns prepared w/ complete schedules includes but is not limited to:
- IRS Form 1040
- IRS Form 1040NR
Business Tax Compliance and Consulting Services
Count on smart, innovative, proactive ideas that help you keep more of what you’ve worked so hard to earn. We specialize in making sense of complex rules, focusing on practical, value-added solutions that make a difference on the bottom line. Most important, we’re with you at every stage of your company’s growth with ideas, advice and services for a multitude of business situations.
Business Tax Returns prepared w/ complete schedules includes but is not limited to:
- IRS Form 1065
- IRS Form 1120
- IRS Form 1120s
- IRS Form 1120 IC-Disc
- IRS Form 1041
- IRS Form 706
Non Profit Organizations
Even though tax-exempt nonprofits do not pay federal taxes, they do have to file an information form 990 with the IRS. IRS Form 990 is the tax document that tax-exempt nonprofit organizations file each year with the IRS. The 990 allows the IRS and the public to evaluate nonprofits and how they operate.
Non-Profit Tax Returns prepared includes but is not limited to:
IRS Form 990
Tax Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income. We make it a priority to enhance our mastery of the current tax law, complex tax code, and new tax regulations by attending frequent tax seminars. Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year.
We recommend Tax Saving Strategies that help you…
- Grow and preserve assets by keeping Uncle Sam out of your pockets.
- Defer income so you can keep your money now and pay less taxes later.
- Reduce taxes on your income so you keep more of what you make.
- Reduce taxes on your estate so your family keeps more of what you’ve made.
- Reduce taxes on your gifts so you can give more.
- Reduce taxes on your investments so you can grow your wealth faster.
- Reduce taxes on your retirement distributions so you can retire in style.
Here’s just a few of the Tax Saving Strategies we use…
- Splitting income among several family members or legal entities in order to get more of the income taxed in lower bracket.
- Shifting income or expenses from one year to another in order to have them fall where it will be taxed at a lower rate.
- Deferring tax liabilities through certain investment choices such as pension plans, contributions and other similar plans.
- Using certain investments to produce income that is tax exempt from either federal or state or both taxing entities.
- Finding tax deductions by structuring your money to pay for things you enjoy, such as a vacation home.
Remember, we work for you not for the IRS. Many of our clients save many times the fee in reduced tax liability through careful planning and legitimate tax strategies.
How well is your company coping with its sales and use tax strains?
Keeping up with changing tax laws in all of the states where you do business can be a daunting task. Samuel Tax Services’s State and Local Tax (SALT) team offers in-depth solutions to complex issues related to income, sales, use, franchise and other taxes.
Among our SALT services are–
• Income and franchise tax planning and consulting
• Property tax
• Sales and use tax compliance, consulting and outsourcing
• Unclaimed property
• Due diligence
• Credits and incentives
Many of our clients are responsible for collecting and submitting sales taxes in many different localities.
The requirement for businesses to collect and remit state & local sales taxes is one of the few certainties of business life. Even as state revenues continue to rise, state tax authorities are still seeking new revenue opportunities and conducting more audits. Assessments and penalties are rising steeply. Sales and use tax liabilities can be substantial. For some companies, a failure to implement and apply proper sales and use tax practices may represent a significant deficiency, or even a material weakness, in internal control over financial reporting.
Samuel Tax Accounting can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner. We can help your company in its effort to achieve compliance, cut costs, mitigate risks and effectively address sales and use tax exposure. Samuel Tax Accounting experienced staff delivers monthly tax reporting services for our clients by preparing accurate tax returns and remitting their sales, use and transaction based taxes to any jurisdiction in the United States.
Contact us today or email your question
If you’re experiencing tax problems with the IRS you’re probably feeling overwhelmed. The idea of trying to pay off mounting tax penalties, finding missing paperwork to file your back taxes, or facing an IRS audit can seem like too much to bear. If you’re in this situation, turn to Samuel Tax Services. We’re highly experienced Baltimore, MD tax accountants that get tax relief for both businesses and individuals. We can file delinquent tax returns, get tax penalties reduced, and negotiate a number of different payment options to pay off your tax debt like an Offer in Compromise or an Installment Agreement. If you’ve received a notice of a lien, levy, or wage garnishment contact us right away. We can act quickly to negotiate a reasonable payment plan before the IRS takes drastic measures like seizing your property of garnishing your wages.
Don’t Try to Solve Tax Problems on Your Own.
The IRS doesn’t make solving tax problems easy for taxpayers. Dealing with the IRS is stressful and extremely confusing for the average person. Stop trying to resolve these complex issues on your own and call Samuel Tax Servcies at 443-503-6063 now or request a free initial consultation online. Our tax problem resolution services include:
- IRS audit assistance
- Filing back taxes
- Releasing tax liens and levies
- Stopping wage garnishment
- Preparing Offers in Compromise
- Negotiating an Installment Agreement with the IRS
- Tax relief solutions for businesses and individuals
- Resolving payroll tax problems
- Tax penalty abatement