Tax Preparation

Tax Preparation at Black & Black

The experienced tax attorneys who are also accountants at Black & Black provide a personal experience. We don’t just ask you to fill in a questionnaire and have you send in your documents each year so that we can prepare your tax returns. We meet with each of our clients each year to discuss their life, changes that have occurred in a given year, and discuss tax strategies for the current tax year and for years to come. 

Do I Need a Tax Attorney?

For individuals with a W-2 and a mortgage statement, it may not be necessary to hire a tax attorney. However, if you have anything in addition to that, you do need a tax professional. The leading tax software runs you through a series of questions, but isn’t sophisticated enough to understand all the laws and exceptions to those laws. Additionally, by sitting down with our client’s each year, we are able to identify additional tax deductions and savings that provide answers and documents that a questionnaire won’t potentially unveil. 

Why You Need the Tax Attorney?

Our approach to tax preparation is not only a personal approach but an educational approach. We are former teachers in tax education and have published articles on advanced tax topics to help future and current practitioners properly practice tax. As a result, we know the benefit of multiple people looking at the same issue and providing ideas. We work with our clients to better prepare your tax return for optimal tax savings. Additionally, we leave no stone unturned. We look into the fine details of your life to find tax savings. Our philosophy can be summarized in a quote by Supreme Court Justice Learned Hand:

"Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands."

-Judge Learned Hand, Helvering v. Gregory, 69 F.2d 809, 810 (2d Cir. 1934), aff'd, 293 U.S. 465 (1935)

What Should I Bring to the First Meeting with a Tax Preparation Appointment?

It depends on your personal situation, everyone is very different (even year to year), but typically we find the following to be helpful:

  • The three prior years of tax returns;
  • All tax forms received by your employer, investments, and etc.
  • Any K-1s.
  • All proof of medical insurance forms;
  • Documentation of income from any source;
  • Documentation of expenses for any business purpose;
  • Contracts for sale of property;
  • Contracts for employment; 
  • Financial statements (balance sheet and income statement);
  • Etc.

Need Help?

Contact Us