Thorough Tax
Planning - Preparation - Representation
E-mail: info@thoroughtax.com
NY Office: (718) 304-0944
FL Office: (954) 302-3779
Office Fax: (646) 304-3419
A Note From Our Co-founder
COVID-19 & the current state of affairs in our country have challenged all aspects of our everyday life and will continue to do so for the foreseeable future. Our society has had to adjust and change the way we teach our children, shop for essential goods, conduct our businesses and go about our work lives. During the middle of 2020 tax filing season we were forced to work with our clients on a remote basis, few exceptions were made as some taxpayers were unable to adjust, however a face covering was mandatory for any office visitors. As we prepare for the upcoming 2021 income tax filing season we are continually keeping ourselves abreast of the probability of a second wave of COVID-19 impacting the New York City area and how the containment of the virus has progressed or regressed in Broward County, Florida. For the upcoming season we will implement client interaction policies consistent with the ongoing development of the pandemic as we prioritize the safety and well being of our staff and clients. Our firm is well positioned to continue working with our clients remotely and has been proactive in transitioning from traditional methods of tax preparation and tax representation. Back in 2018 we introduced our secure web portal (https://thoroughtax.securefilepro.com/portal/#/login) allowing clients to send us their tax documents and supporting schedules/reports through an electronic upload. We've made it easy for taxpayers to communicate with us using social media through platforms like Yelp, Twitter and our website. Most of our business clients subscribe to the QuickBooks Online application which facilitates the remote management of their accounting books and generating real time financial statements. We're looking forward to the 2021 tax season and we wish you, your family, friends and loved ones safety and great health.
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).
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
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Income tax projections
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Estimated tax filings
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Business entity formation
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Small business year end planning
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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
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Annual income tax filings
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Business
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Individual
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Non-profit
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Payroll tax filings
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1099 tax filings
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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
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Audit representation
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Federal & state Power of Attorney
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Formal correspondences to federal & state tax notices
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Installment agreements
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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.
Contact Us
Contact us with any questions you may have regarding your personal and/or business tax situation