Tax Preparation

At Precision CPA, we understand that effective tax preparation goes far beyond simply filing forms. Every decision you make in your business or personal finances has potential tax implications. Our goal is to ensure your filings are accurate, compliant, and strategically structured to minimize liabilities while maximizing available credits and deductions.

We provide comprehensive tax preparation services for individuals, families and small to medium sized businesses. Whether you are an employee with multiple income sources, a self-employed entrepreneur, or a corporation with complex financial activities, our team brings the expertise to handle your situation with precision.

$3,850

Revenue This Month

1. Tax Preparation, Filing and Planning

We offer a comprehensive list of tax services for individuals and small businesses which include, but are not limited to the following:

Individual Tax Preparation and Filing – Preparation and electronic filing of federal, state, and local income tax returns for individuals, including deductions, credits, and compliance review.

Business Tax Preparation and Filing – Complete preparation and filing of corporate, partnership, and LLC tax returns, ensuring compliance with IRS and state regulations.

Tax Planning – Involves strategically organizing your finances and business activities throughout the year to minimize tax liability, maximize deductions and credits, and ensure full compliance with federal and state tax laws.

Payroll Tax Return Filing – Preparation and submission of payroll-related tax forms (e.g., Forms 941, 940, W-2, W-3) for businesses and employers.

1099 Tax Filing – Preparation and electronic filing of Form 1099s for contractors, vendors, and service providers to ensure proper year-end reporting.

Our approach ensures you are not just compliant, but also taking advantage of every tax-saving opportunity available to you.

2. Business Tax Preparation

Businesses face unique challenges when it comes to taxes. From entity structure to compliance with federal and state regulations, we tailor our approach based on your business type and goals. Our services cover:

  • Partnership Returns (Form 1065) – including K-1 preparation for partners.

  • Corporation Returns (Form 1120 & 1120S) – tailored for C-Corps and S-Corps.

  • Nonprofit Returns (Form 990/990EZ) – ensuring tax-exempt organizations remain in good standing.

  • Filing returns for sole proprietors, LLCs, and professional service firms.

In addition to filing, we provide strategic tax planning throughout the year, not just during tax season, so your business decisions align with tax efficiency. 

3. Advanced Tax Planning

Our firm doesn’t just prepare returns – we look ahead. With advanced planning, we help you:

  • Evaluate the best entity structure (LLC, S-Corp, C-Corp) to reduce tax burden.

  • Plan for quarterly estimated tax payments.

  • Structure income and expenses to minimize taxable income.

  • Identify tax credits and incentives available at the federal, state, and local levels.

  • Prepare for future events like business sales, acquisitions, or succession planning.

This proactive approach gives you peace of mind knowing that you are always prepared for tax season and never paying more than necessary. 

Why Choose us

Why Choose Precision CPA for Tax Preparation?

Expertise

Over a decade of experience preparing tax returns for individuals and businesses.

Accuracy

Every return is reviewed by a licensed CPA before submission.

Convenience

100% paperless process with secure document uploads.

Personalized Service

We take the time to understand your unique situation and long-term goals.