Accurate, thorough preparation of your federal and state income tax returns by a Washington-licensed CPA. Whether you have a simple W-2 or multiple income streams, deductions, and credits, we ensure your return is filed correctly and on time.
Book a ConsultationIndividual tax return preparation is the process of completing and filing your federal (Form 1040) and state income tax returns. It involves gathering your income documents, identifying applicable deductions and credits, calculating your tax liability or refund, and submitting the return to the IRS and state tax agencies.
At TaxWise LLC, we go beyond data entry. We review your full financial picture to identify deductions and credits you may qualify for, ensure all income is properly categorized, and help you understand your tax situation. Many taxpayers overpay simply because they miss deductions or misunderstand what is reportable. As a licensed CPA, we apply professional judgment to every return we prepare.
We serve taxpayers across a range of situations — from straightforward W-2 filers to individuals with self-employment income, rental properties, investment portfolios, foreign income, or multi-state residency. Every return is prepared with the same care, and every client receives direct communication from the CPA handling their return.
Single or multiple employers. We review your withholding, identify whether you should itemize or take the standard deduction, and check for overlooked credits like the Saver's Credit or education credits.
Self-employed individuals with 1099-NEC or 1099-K income. We handle Schedule C, self-employment tax, estimated tax planning, home office deductions, and business expense tracking.
Married couples filing jointly or separately, heads of household, and parents claiming dependents. We evaluate filing status, child tax credits, dependent care credits, and education credits.
Social Security recipients, pension and IRA distribution recipients, and seniors with investment income. We determine the taxability of Social Security benefits and required minimum distributions (RMDs).
Taxpayers with mortgage interest, real estate taxes, capital gains, rental income, or investment portfolios. We optimize your Schedule A, Schedule D, and Schedule E reporting.
Individuals who lived or worked in more than one state during the tax year. We determine which states require a return, allocate income correctly, and apply reciprocal agreements where available.
These life and financial changes may make your tax situation more complex. Professional preparation helps ensure you don't miss anything.
Self-employment income introduces Schedule C, self-employment tax, estimated tax payments, and a wide range of potential deductions. Misreporting can trigger audits or penalties.
Mortgage interest, points, real estate taxes, and home sale exclusions (Section 121) all affect your return. Understanding what is deductible and when can significantly change your tax outcome.
Your filing status, dependents, and various credits may change. Asset division in a divorce can have complex tax consequences involving basis, transfers incident to divorce, and alimony rules.
New dependents may qualify you for the Child Tax Credit, Child and Dependent Care Credit, Earned Income Tax Credit, and head of household filing status.
While inheritances and gifts are generally not taxable income to the recipient, they may generate investment income, require special basis calculations, or trigger reporting obligations for foreign gifts.
If the IRS flagged a discrepancy on a prior return, having a CPA prepare your current return ensures it is accurate and consistent, and we can help respond to the notice as well.
Having these documents ready helps us prepare your return efficiently and accurately. Don't worry if you're missing something — we can help you track it down.
We start with a conversation about your tax situation — your income sources, family circumstances, and any changes from the prior year. We review your documents, identify any gaps, and provide a fee estimate before work begins.
We prepare your federal and state returns, applying our knowledge of deductions, credits, and filing strategies. We compare standard vs. itemized deductions, evaluate filing status options, and ensure all income and deductions are properly reported.
We walk you through your completed return, explaining key figures and answering your questions. Once you approve, we e-file your return with the IRS and state tax agencies and provide you with a complete copy for your records.
Tax questions don't only come up in April. We're available year-round for questions about estimated tax payments, IRS notices, life changes, and tax planning for the year ahead.
Schedule a consultation with a Washington-licensed CPA. We'll review your situation, answer your questions, and prepare your return with care.
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IRS Circular 230 Disclosure: Any tax advice contained in this communication is not intended or written to be used, and cannot be used, for the purpose of avoiding federal tax penalties or promoting, marketing, or recommending any transaction or matter addressed herein.
Important: Do not send sensitive personal information such as Social Security numbers or banking details through unsecured forms or email. Use our secure client portal for document uploads. The information on this page is for general informational purposes only and does not constitute professional tax advice. Every taxpayer's situation is unique — please consult with a CPA regarding your specific facts and circumstances.