The first typical tax service for a new client is tax preparation of the previous year’s federal and/or state tax returns, but our services do not stop there.
CMG also offers calculated projections of tax withholding and estimated taxes, to ensure our clients are paying the proper amount of taxes to the IRS throughout the year to avoid penalties and interest for underpayment, but also to ensure our clients are not paying in too much and giving the IRS an interest-free loan over the course of the tax year.
Professional Income Tax Planning
After the tax filing season, we also offer all clients additional professional income tax planning services to emphasize a proactive approach to managing future savings, deductions, exemptions, tax preferences and income recognition. A professional tax plan puts the taxpayer, not the IRS, in control.