Ellis & Company LLC Accounting and Tax Services in Maryland
Tax Preparation is our specialty at Ellis & Company. We prepare hundreds of tax returns each year for business and individuals. This includes sole practictioners, small to medium corporations, partnerships, non profits, key employee executives, contractors, etc.... Our experience covers a wide range of tax issues including real estate transactions, rent and royalty transactions, various state to state tax implications, business owner or interest transactions (k-1), capital gain and dividend issues, etc....
We can assure you that our services will exceed your expectations. We would like to invite you to our office for a free consultation and meeting to see if Ellis & Company is the right match for you. You will meet with our owner and managing member, Michael Ellis, who will lay out the framework of our service to you. Further, Michael Ellis is our sole tax practitioner who will be with you through the whole process, leaving no potential for important information being lost in communication gaps.
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 last year, 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.
Here's what your get...
- Your tax return will be checked and rechecked by our computer software identifying potential
problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
- Your tax return can be filed electronically so you will get a refund back
quicker.
- Our staff will show you how to adjust your payroll withholding to get more money back each week. Why give
the IRS an interest free loan for up to 16 months.
- We will show you potential deductions to limit your tax liability for next year. We also include in our tax preparation fee a year round tax consulting service. This entitles you to free tax advise year round for those confusing issues that arise outside of the tax preparation season. Restrictions do apply, see below for details.**
Books a Mess: No Problem!
If you own a small business and haven't kept up your
bookkeeping, don't worry. We can help you. We'll prepare your bookkeeping for the year, prepare a full Schedule C, as
well as your personal income tax return. Then we'll help you set up an easy system that allows you to keep your books
in tip-top shape next year.
**Tax consulting is limited to 2 hours of consulting time throughout the year (a value of over $100). Most tax consulting issues take as little as 15 minutes to resolve. For example, if you are having trouble with cash flow and would like to re-adjust your withholding to allow more take home pay, Ellis & Company would calculate the adjustment and give you the information to complete the process. Unless you desire in depth tax planning and consulting, most people do not go over the allotted time. However, it is almost always used.