Individual tax preparation

An individual return pulls together income from many places: wages, interest, investments, retirement accounts, rental property or self-employment. AD Accounting prepares federal and state income tax returns and helps you understand what ends up on them.

The goal is a return that is accurate, supported by your records and explained in plain language, so you know what was reported and why.

• Employees with one or more W-2s who want the return checked and filed correctly
• Households with investment, retirement or other non-wage income
• Self-employed individuals and freelancers who report business income on their personal return
• Landlords and owners of rental property
• Anyone who needs to file a prior-year return or amend a return already filed

A change in your year

Marriage, a new child, a home purchase or sale, a job change or a move between states can all change how a return is prepared.

Income without withholding

Self-employment, rental or investment income often has no tax withheld, which raises the question of estimated payments during the year.

A return that needs correcting

If something was missed or reported incorrectly, an amended return may be an option. We can review what was filed and explain the choices.

Tax documents that keep arriving

W-2s, 1099s, 1098s and brokerage statements arrive at different times. We help make sure nothing is overlooked before filing.

1. Talk it through

   Contact us by phone or email and describe your situation in general terms.

2. Gather your records

   We explain which income, deduction and identification documents are relevant to your circumstances, and tell you how to submit them.

3. Prepare and review

   Your federal and state returns are prepared from your records, and questions that affect the result are raised with you before anything is filed.

4. File and keep a record

   After you approve the return it is filed, and you have a copy for your records.

A federal return goes to the IRS and a state return goes to your state tax agency. They use related information, but the rules, forms and deadlines differ, and some situations involve more than one state.

Tell us where you lived and worked during the year so the right state returns are considered.

When not enough tax is withheld from your income, quarterly estimated payments may be required. Estimates can be reviewed when your return is prepared, and are also a topic in our tax planning service.