Tax planning that works all year — not just at filing time.
Whether you are an individual, a family, or a business owner, Your Financial Office builds a clear tax strategy around your goals. Glenn prepares returns with precision and looks ahead for opportunities to reduce what you owe legally and confidently.
What’s included
Individual returns — Form 1040, Schedule A, Schedule D
Self-employed and gig income — Schedule C and self-employment tax
Business returns — S corporation (1120-S) and partnership (1065)
Rental property — Schedule E, depreciation, passive loss rules
Quarterly estimated payments and safe-harbor planning
Multi-state and part-year resident returns
Amended returns and prior-year filings
IRS e-file authorized preparation
Preparation is the easy half
Filing a return is arithmetic on decisions that have already been made. By the time the documents arrive in February, the year is written — the entity you chose, the retirement contributions you did or did not make, the equipment you bought in January instead of December, the estimated payments you skipped. All of it is fixed.
That is the difference between a tax preparer and a tax advisor, and it is the whole reason to work with the same person year-round rather than meeting a stranger each spring. The return itself should be uneventful. The conversations in June and October are where the number actually moves.
Returns we prepare
Individual returns covering wages, investment income, capital gains, retirement distributions and Social Security. Equipment purchases handled through Section 179 expensing or bonus depreciation where a business qualifies for either. Self-employment and gig work on Schedule C, including the self-employment tax that catches out people in their first year of contracting. Rental property on Schedule E, with the depreciation schedule and passive activity rules that decide whether a loss is usable this year or carried forward.
On the business side, S corporation returns on Form 1120-S and partnership returns on Form 1065, both of which fall due before the personal deadline and produce the K-1 that a partner's own return depends on. Farm income on Schedule F for working land. Multi-state and part-year returns for anyone who moved or worked across a state line.
Quarterly estimated payments
If a meaningful share of your income arrives without withholding — self-employment, K-1 distributions, rental income, large capital gains — the tax on it is due through the year rather than at the end of it. Missing that produces an underpayment penalty that accrues quietly and is not waived just because you paid in full by April.
There is a safe-harbor calculation that, met correctly, protects you from the penalty regardless of what you eventually owe. Most people either do not know it exists or apply the wrong version of it. It is a short conversation with a real payoff.
Entity choice, and when it stops being free money
Electing S corporation treatment can reduce self-employment tax for an owner-operator, which is why it gets recommended so freely. What gets mentioned less often is the cost on the other side: a separate return, payroll for yourself, a reasonable compensation figure you have to be able to defend, and an administrative burden that does not go away.
There is a level of profit below which the election costs more than it saves, and a level above which it plainly does not. Working out which side of that line a business is on is a calculation, not a rule of thumb — and it is worth redoing as the business grows.
Prior years and amended returns
A return filed incorrectly can be amended, and there is a window in which doing so can still produce a refund. A year never filed at all is a different problem, and usually a more urgent one, but it is fixable too — see IRS representation for how unfiled years get worked through.
If you have been carrying a nagging sense that something was wrong on a past return, it costs nothing to have it looked at. Sometimes the answer is that it was fine.
Who this is for
Individuals, families, freelancers, and small business owners who want accurate filing and proactive planning — not a once-a-year scramble.
Common questions
What is the difference between an Enrolled Agent and an ordinary tax preparer?
Anyone with a PTIN can call themselves a tax preparer or tax accountant and file a return for you. An Enrolled Agent is licensed federally by the Treasury, has to pass a three-part examination on tax law, is bound by Circular 230, and holds unlimited rights to represent taxpayers before the IRS. In practice the difference shows up when something goes wrong: a preparer without those rights cannot represent you, while an Enrolled Agent can.
Do I need to make quarterly estimated tax payments?
Likely yes if a significant part of your income has no withholding on it — self-employment, K-1 income, rental income, or large investment gains. The underpayment penalty accrues across the year and is not avoided by paying the balance at filing. There is a safe-harbor calculation that protects against it when applied correctly.
Should my business be an S corporation?
It depends on profit level. The S corporation election can reduce self-employment tax for an owner-operator, but it adds a separate return, payroll for the owner, and a reasonable compensation position that has to be defensible. Below a certain level of profit it costs more than it saves. It is worth calculating rather than assuming.
Can you file returns for years I have already missed?
Yes, and it is more common than people expect. Prior years are typically worked in order, often starting with IRS transcripts to establish what has already been reported. Where the IRS has filed a substitute return on your behalf, filing the real one usually reduces the liability.
I moved states partway through the year. How many returns do I file?
Generally a part-year return in each state, with income allocated between them according to when it was earned rather than when it was paid. Bonuses, final paychecks and vesting events that straddle the move are the parts most often allocated incorrectly, and getting it wrong tends to mean paying twice on the same money.