About Us

Thorough Tax was started in 2015 with the primary goal/mission of providing urban communities with premier tax planning, preparation & representation services. Unlike many of the seasonal tax franchises and multi-service businesses that flood our inner city neighborhoods we are available and provide comprehensive tax services all year around. A large number of our competitors fall short in specific areas of taxation, like full audit representation, business entity formation, business returns preparation, etc. These short comings are especially evident when it comes to servicing local neighborhood small businesses. As a business consultant I've experienced the aforementioned first hand and its part of the reason my partner and I decided to launch Thorough Tax. Our fees are inexpensive in comparison to traditional CPAs/Tax Attorneys and we are committed to providing exemplary professional services.

Regards,

Gabriel Sanchez, Co-founder

Enrolled Agent Tax Professionals

Thorough Tax was formed and is managed by IRS Enrolled Agents. Many taxpayers are unfamiliar with this designation, below is a brief description as it appears on the IRS website page:

An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part comprehensive IRS test covering individual and business tax returns, or through experience as a former IRS employee. Enrolled agent status is the highest credential the IRS awards. Individuals who obtain this elite status must adhere to ethical standards and complete 72 hours of continuing education courses every three years.

Enrolled agents, like attorneys and certified public accountants (CPAs), have unlimited practice rights. This means they are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent clients before. Learn more about enrolled agents in Treasury Department Circular 230 (PDF).

https://www.irs.gov/tax-professionals/enrolled-agents/enrolled-agent-information

Professional Services

Our company is a full service tax firm with a focus on assisting individual and small business taxpayers with the following:

Tax Planning

Income tax projections
Estimated tax filings
Business entity formation
Small business year end planning
Small business retirement plans

Taxpayers are required by federal and state regulations to remit income tax payments as they earn income. We assist our clients project their annual income tax obligations and file their quarterly tax estimates. Our tax planning services are especially valuable to newly formed business entities and their owners, most of these taxpayers are unaware of the tax filing and payment obligations correlated to operating a business as well as tax strategies they can implement to minimize and/or defer taxable income. This service is also extremely useful to taxpayers who receive unexpected income, like inheritance, gambling winnings or taxpayers who receive lump-sum capital gains.

Tax Preparation

Annual income tax filings
- Business
- Individual
- Non-profit
Payroll tax filings
1099 tax filings
Sales tax filings

Our team has more than 20 years of tax preparation experience. We strive to ensure that every tax return prepared by our tax professionals are complete and accurate. Each return, no matter how simple or complex is peer reviewed before electronically transmitted or mailed to a federal and state taxing agency.

Thorough Tax is specifically proficient in tax preparation services related to Individuals, Sole Proprietors, Partnerships, Corporations and S Corporations.

Tax Representation

Audit representation
Federal & state Power of Attorney
Formal correspondences to federal & state tax notices
Installment agreements
Offers in Compromise

Unfortunately many taxpayers do not plan accordingly and neglect their obligations to pay tax liabilities and file tax returns in a timely manner. This negligence occurs for several reasons including ignorance and/or misinterpretation of tax regulations, poor money management or a combination thereof. Thorough Tax represents taxpayers before the IRS and state taxing agencies in matters regarding un-filed tax returns, delinquent tax liabilities, installment payment agreements and Offers in Compromise.

Thorough Tax

E

P (718) 304-0944

F (646) 304-3419