Accounting

Accounting Process

We work with clients to produce tax return documents that follow laws and regulations. Before tax time, these professionals help clients create a plan to reach their desired financial goals. Throughout the filing process, they keep clients updated on their return information.

Examine Financial Statements: working with clients to get a clear picture of their overall financial situations. Review all relevant financial statements to get the most accurate view of a client's finances and to ensure all materials align with tax laws and regulations.
Organize Financial Records: Along with preparing tax return documents, helping clients organize their personal financial records. We keep clients' information on file so they can access it as necessary.
Create Budget Plans: One of our primary responsibilities is helping clients save money and stick to a viable budget. Also, help clients increase income and improve profitability. This duty includes explaining how income changes can affect clients' tax returns.
Compute Taxes: Compute the taxes clients may owe to the IRS and prepare their tax returns. Inform clients of any refund or balance owed and make sure clients avoid penalties for missed deadlines.
Communicate With Clients: Individuals and business owners like to stay involved with their tax return process. It is important for clients to understand the filing process and know what to expect with their tax return. Tax accountants must communicate with their clients and provide them with timely information.

6108 Mableton Pkwy

Suite 116

Mableton, GA 30126

Office: (678)310-0525

Fax: (678)310-0572

Hours of Operation

Monday thru Friday

9:00 a.m. – 5:00 p.m.

Email: quicktaxprofessionals@gmail.com

Website: www.quicktaxpro.com

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Time to Get Organized

With the 2023 tax filing season right around the corner, here are ideas to help make processing this year's tax return as easy as ever.

Make a list

Create a list of expected tax documents. Do this now by reviewing the documents from last year. Then use the list to check off each one when it is received to ensure you have everything you need.

Save time

Review and keep all receipts to support possible deductions for medical expenses, contributions, childcare, and business expenses. Each can help reduce your taxable income.

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Key changes

Increased age for required distributions.

If you turn 72 in 2023 or later, you can keep money in a tax-deferred IRA or 401(k) for another 12 months to help the account continue growing before starting to withdraw funds. This retirement benefit is now available thanks to the required minimum distribution age being raised from age 72 to age 73.

Why should you electronically file your 1099 returns?

The recent changes announced by the IRS around electronic filing requirements will have a significant impact on Tax Year 2023 filing being lowered to 10 forms. With this change, many smaller filers who typically file paper returns will be required to electronically file this tax season.