Individual tax payers have unique needs that vary widely. Do you own a home, have annuities, trusts, rental properties, retirement disbursements, elderly dependents? Each case can be different. iCafe Tax Services helps with the simple to mor complex tax preparations and supports your planning with esssential knowledge individuals should know about federal or state income taxes.
As a small business owner, you may assume the IRS isn’t concerned with your tax liability. However, this assumption couldn’t be further from the truth. In fact, reports suggest that the IRS has increasingly targeted small businesses for audits in recent years. While the government may not be interested in your business before it turns a profit, it’s important to pay attention to your tax responsibilities in the early stages of formation in order to maximize deductions and prevent liability issues moving forward. iCare Tax Services can assist your business in matters of taxation, planning, and documentation.
A pass-through entity is a special business structure that is used to reduce the effects of double taxation. Pass-through entities don't pay income taxes at the corporate level. Instead, corporate income is allocated among the owners, and income taxes are only levied at the individual owners' level. iCare Tax Services supports various business entities from return preparation to entity startups.
