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Today's tax laws are so complicated that unless your financial affairs are extremely simple, chances are you will benefit from at least occasional help from a tax professional. It is too easy to overlook deductions and credits to which you are entitled if you prepare only one return a year. Even the use of computer software is no substitute for the assistance of a seasoned tax preparer.

We prepare thousands of tax returns every year. We know what to look for when your return is prepared. More importantly, you will have someone to answer your questions during the rest of the year. And we can put you on our mailing list to receive timely tax, business and financial advice.

Your Tax Appointment

Tax preparation can be performed in many ways. Summit Tax & Accounting, LLC can prepare your return during a personal tax preparation appointment, by phone consultation or you may drop off information at our office or send it to us.

Tax Forms

For new clients please print and complete these tax forms and send them to us in advance to maximize your appointment time! Existing clients will receive a tax organizer that includes their personal and prior year information.

Your Tax-Cutting Checklist

Whether you’re a wage earner, an investor, a business owner or all three, you should make use of the tax-cutting benefits available in the tax law. There is little to be gained by paying more tax than the law demands.

Identify the tax-savers for which you qualify. Below is a tax-cutting checklist to get you started. Check the list to see if there are tax breaks that you are possibly overlooking.

For Investors:

  • Tax-free municipal bonds
  • Long-term capital gains
  • Rental property
  • Tax-free exchange
  • Low-income housing credit
  • Small business stock rollover

For Businesses:

  • Home office deduction
  • Keogh plan
  • SIMPLE plan
  • SEP
  • 401(k) plan
  • First year expensing of business equipment
  • Bonus depreciation
  • Year-end bonuses
  • Bad debt write-off
  • Disabled access credit
  • Other business tax credits
  • Tax-free exchange

Contact our office if you have questions or want more information on these and other strategies that could reduce your taxes.

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2018 Tax Reform


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