• Irving, TX, USA
  • 469-757-5111
  • info@yesmytaxes.com

Our Services

Services

The foundation of tax expertise at YESMYTAXES is personal attention. Every client benefits from our attentive experts who listen closely to learn more about your particular tax situation. With that information, we apply our knowledge of current tax law to minimize tax liabilities and ensure that you benefit from every option to save. When it comes to tax planning and preparation, you need someone to help identify and take advantage of a full range of tax-saving strategies.

A core specialty is the preparation of tax returns for individual taxpayers. Over the years literally 1000’s of Federal and State returns have been prepared and filed. TAX PREPARATION includes the completion of Federal, State, County and City returns for individual as required by law. In order to provide you with the most favorable returns; we will require detailed information and documentation involving both your personal and professional financial situation. Our accuracy in reporting your income, deductions, and credits is based on you providing the necessary information. We may ask you to clarify some items but will not audit or otherwise verify the data you submit. Any advice, suggestions, or recommendations regarding your financial situation is based solely on the information we obtain from you and should be followed up with further guidance from your banker, attorney, or investment advisor. Our fee will be based on the forms required (NOT line item) at standard billing rates plus out-of-pocket expenses. Invoices are due and payable upon presentation. We will return your original records at the end of this engagement.

OUR GUARANTEE: Is a FREE service limited to 3 years from the date of completion and available at the time the return is completed and paid for. We appreciate your confidence in us. Please call if you have questions.

Indian Taxation

We understand your unique tax filing needs. In today’s fast-moving world where time is everything, we offer online tax filing solutions for individuals that help you save time in achieving Tax Compliance. The solution is simple, smart and easy to use. We also provide tools and tips to help you file an accurate tax return without missing any tax benefits that you can claim. Answer simple questions about your income & investments for instantaneous computation of your personal tax. Absolutely compliant and accurate output!

ITIN Support

If you earn money in the United States but you don’t qualify for a Social Security Number, YESMYTAXES CONSULTING can help you apply for an Individual Taxpayer Identification Number (also known as an ITIN, PIN, Tax ID or Taxpayer ID) and file any and all pending tax returns.

Tax Representation

With the new IRS, more and more taxpayers are being audited. In the past 2 years over 500 more examiners have been hired by the IRS to examine both individual and business returns in an effort to reduce the “Tax Gap”. This means that more and more taxpayers are receiving letters, notices and are being audited. Everyone needs Representation in matters before the Internal Revenue Service, even if you think you have nothing to hide– don’t risk going alone. DON’T IGNORE them as there are definite time limitations. As Enrolled Agents (EA’s), we are licensed to represent you before the IRS.

We follow changes in tax laws throughout the year and alert you to developments that could have a significant impact on your finances. We will also represent you in the event of an IRS audit.

FBAR

All US Citizens and Residents who has a financial interest in or signature authority or other authority over any financial account in a foreign country and if the aggregate value of these accounts exceed $10,000 at any time during the calendar year, then it is mandatory to file FBAR with IRS by 17th May 2021 for the calendar year 2020.

We at YESMYTAXES CONSULTING obtain the relevant information regarding FBAR services along with the regular tax returns and process the same.

Amendment Filing

An amended tax return generally allows you to file your tax return again to correct your filing status, add or correct your income, claim or allow deductions or credits which you have missed out in your previously filed tax return.

At YESMYTAXES CONSULTING we will help you to file your Amendment Tax Return in any of the following reasons Claiming additional Dependents.

Removing Dependents you previously claimed by mistake.

  • Reporting your proper filing status.
  • Reporting additional income.
  • Changing your personal exemptions.
  • Claiming additional Tax Credits, removing Tax Credits mistakenly taken, or recalculating the amount of the Credits and Reporting additional withholding etc.

Payroll Services

Outsourcing your payroll to YESMYTAXES CONSULTING is fast, secure and simple. You submit your payroll data by email/fax/web based communications. We process your payroll checks and reports and send them to you or make them available online. It’s safe, cost-effective and convenient.

Corporate Services

Small business tax return preparation is a core service offered to a variety of business clients. Whether your company is a C corporation, S Corp, Limited Liability Company, Partnership or Sole Proprietor dealing in resale, service or a manufacturing industry, a properly prepared tax return can be filed to minimize the tax owed. TAX PREPARATION, as required by law, includes the completion of Federal, State, County and City returns for small businesses along with K-1’s for associated partners. In order to provide you with the most favorable returns, we will require detailed information using a variety of legal and financial reports. Our accuracy in reporting your income, deductions, and credits is based on you providing the necessary documentation. We may ask for clarification on some items but will not audit or otherwise verify the data you submit. Any advice, suggestions, or recommendations regarding your tax and financial situation is based solely on the information we obtain from you and should be followed up with further guidance from your banker, attorney, or business/financial adviser. Our fee will be based on the forms required at standard billing rates plus out-of-pocket expenses. Invoices are due and payable upon presentation. We will return your original records at the end of this engagement.

OUR GUARANTEE: Our guarantee is a FREE service limited to 3 years from the date of completion and available at the time the return is completed and paid for.

New Business Formation

Thinking of owning your own business?

Outsourcing your payroll to YESMYTAXES CONSULT Opening your own business is exciting and thrilling. It’s everything that comes after the excitement and thrill has worn off that dictates whether a small business will make it or not. It’s up to you to maintain and stretch out the “thrill and excitement” period forever. A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business. Success lies in the approach you choose to take. We help you avoid the common pitfalls that many new small business owners make when starting their new venture.

We help you…

  • Prepare an initial business plan to clarify your marketing, management, and financial plans. Determine your start-up capital needs.
  • Identify sources of start-up capital and backup sources if needed.
  • Evaluate and quantify your borrowing power so you know how much money you can get your hands on if needed.
  • Select a business structure that best fits your needs by evaluating tax advantages, legal exposure, ease of operation and portability should you need to relocate.
  • Select the right accounting software by evaluating your budget, needs and hardware.
  • Prepare a Cash Flow Budget so you know exactly how much money you need to keep the business alive each month for the first few years. Unplanned cash requirements are always emotionally painful.
  • Establish billing and collection procedures to maximize your cash flow.
  • Establish procedures to monitor and control costs.
  • Setup a home office so you can maximize your tax deductions.
  • Prepare and file all required state and local licenses and permits.
  • Prepare and file your application for your Federal Employer Identification Number.
  • Provide payroll and payroll tax filing when you bring on your first employee.
  • Comply with employment laws so you don’t get hit with fines and unhappy employees.
  • Identify your business insurance needs.
  • Develop a solid Partnership Agreement. This is an extremely important document for all new partnerships and will help prevent a tremendous amount of financial and emotional problems down the road.
  • Let us help you succeed by getting your new business off to a good strong

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Tax Return Preparation & Filing

Our in-house experts are trained in all the aspects of the Income Tax Department in order to assist our taxpaying clients with their returns filing, and to ensure that the complete documentation is finalized under a tax authority. We offer these services keeping in mind the convenience of our customers and depending on the taxpayers’ preferences we either appoint a human tax preparer to do the work of tax filing or the customer could use our tax software and file taxes online.

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Tax Audit Representation

YESmytaxes offers audit defense services wherein our tax or legal professional represents and supports our client taxpayers during an IRS or state income tax audit. We also develop the strategy used to defend our client’s position and assist them in preparing all documents requested by the taxing authority along with handling correspondence on their behalf. Strategic Tax Planning & Consulting in rental income and business income: YESmytaxes provides our clients with strategic advice on tax matters and tax planning comprising of services that are cost-effective, affordable and tax-deductible. We provide year-end planning strategies and our tax agents also deal with audits, disputes and payment arrangements for our business clients to help their business grow and increase profitability. Our aim is to make things easier in tax compliances with easy and cost-effective tax consultancy and filing of taxes. Our services extend to Personal, Sole Traders, Businesses, Partnerships, Families, Trusts, Government, and Companies.

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Business Consulting

More than just a tax consultant, YESmytaxes also provides professional and expert advice in different business areas of marketing, human resources, management, finance, and accounting. We take complete responsibility for improving our clients’ performance and efficiency by assessing their company weaknesses and recommending an adept business solution for their operations. Our business consultants thoroughly analyze such corporate issues while also helping companies meet their goals.

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ITIN Processing guidance & Renewing ITIN guidance

YESmytaxes provides information and updates about the Internal Revenue Service’s Individual Taxpayer Identification Number (ITIN). Access the complete guide to the how, when and where of the ITIN application process and contact or email us to know about the documentation requirements. We provide guidance with the initial application and renewal process by helping customers who are applying to either receive an ITIN for the first time or to renew the ITIN. With a team of qualified and certified tax preparing agents, YESmytaxes is the right place for you to start with your ITIN application process.

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FBAR and FATCA reporting to IRS

YESmytaxes provides guidance and reporting services of FBAR and FATCA and helps clients understand the requirements concerned with assets held in foreign branches of U.S. banks, their accounts with signatory authority, indirect ownership interests or other beneficial interests. We provide FATCA form filing which is attached along with tax returns and filed directly with the IRS. Our tax agents help clients in understanding the requirements of foreign stocks and securities, hedge funds and other private equity funds.

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Form W4 Guidance

We provide complete guidance with the tax form W4 filing and help our clients understand the purpose of the same. The way you fill out the IRS Form W-4 is said to determine how much income tax your employer will withhold from your paycheck and YESmytaxes is here to guide you with the right procedure. Our tax preparers guarantee absolute confidentiality and transparency with the process and thus we confirm each and every decision with our clients before the final submission so that the procedure is carried out accurately.