Services

 

COMING SOON: NOTARY SERVICE & BOOKKEEPING

 

TAX PREPARATION SERVICES

Unlock Financial Success with Our Expert Tax Services

Our Tax Planning and Preparation service is designed to help individuals and entrepreneurs optimize their financial situation while ensuring full compliance with tax regulations. Whether you're an individual looking to maximize your tax deductions or a business owner seeking to minimize tax liabilities, our virtual office allows you to access our services from anywhere, providing convenience and flexibility.

  • Whether you need tax services for you, your family or small business, startups, entrepreneur and gig workers, Ellaye Firm Consulting, LLC knows how to get you what you deserve. (No S-corps or C-Corps at this time)

  • Double-check past returns to ensure your taxes were filed correctly and, if needed, create amendments to change past returns.

  • Need extra time to file? We can file an extension to provide you with more time.

BUSINESS ASSESSMENT & DOCUMENT STORAGE SOLUTIONS

(AUDITS & INVESTIGATIONS)

Ignite Your Startup's Success. Deep Understanding. Better Solutions

"Struggling in a world drowning in paperwork and digital chaos? Tax season chaos affecting your productivity? Our Business Assessment, led by financial experts specializing in small businesses and startups, organizes your tax, business, and financial records. Meticulously indexed and categorized based on IRS forms, we create electronic folders tailored to your needs. Access all your records in one place with our user-friendly portal. Scan and upload documents effortlessly from your smartphone or tablet, creating a real-time filing system.

Our portal serves as a portable file cabinet, granting year-round access for continual tax preparation contribution. No more searching for records during tax season. Seamlessly integrated into our tax software, our Document Management System simplifies the entire process. It's an all-in-one ecosystem, adaptable for any industry or individual use—a secure, cloud-based vault for all essential documents."

  • Securely upload or bring in your records to expedite the process.

  • Get educated on what’s audited. This will reduce errors and investigations.

  • We can organize your records by year and either type of income or expense and include a summary.

 

Frequently Asked Questions.

  • Pricing varies depending on filing status and forms needed to be completed for Individual Filings.

  • There is a Tax Appointment Checklist listed on the Resources page located in the Tax Center, that is used as a guide for the documents needed.

  • 1. Understand your filing status

    2. Make sure your name & address are updated

    3. Organize your tax documents

    4. Decide whether you'll DIY or use an expert tax preparer such as Ellaye Firm Consulting, LLC Tax Services

    5. Max out your IRA contributions

    6. Consider filing an extension

    7. Adjust your withholding.

  • See the Sources of Income document on the Resources Page located in the Tax Center.

  • Payment Period Due Date

    January 1 – March 31 April 15

    April 1 – May 31 June 15

    June 1 – August 31 September 15

    September 1 – December 31

    January 15* of the following year.

  • A business expense is the cost of carrying on a trade or business. These expenses are usually deductible if the business operates to make a profit.

    10 Common Tax Deductible Expenses

    1. Start-Up costs up to $5,000 on your first year’s return.

    2. Taxes, interest, fees & charitable contributions

    3. Wages & payroll taxes. You can pay yourself a wage or salary.

    4. Retirement plan contributions

    5. Home Office, insurance, utilities, taxes, repairs & maintenance can all be deducted.

    6. Health insurance

    7. Education & Training

    8. Marketing expenses like advertising, website development, and print materials.

    9. Travel & Entertainment - Recently in 2018, the tax law changed and businesses can no longer claim some of the entertainment expenses they once had. However, there are still several client and employee travel and entertainment expenses that are deductible.

    10. Bad Debt