Tax Preparation Services in Frederick, MD

With every new tax season, there are many changes you may not know about. Our tax professionals are up to date and have the knowledge to understand how the new tax laws affect and benefit our clients in the Frederick, Maryland area. At Ontko LLC, we’re ready to help and determine if your tax bill could be smaller. We take on even the toughest tax filings and we can represent you if you need to talk with the IRS.

If you are a local small business owner and have ever tried filing your business taxes on your own, then you know how complicated it can be. The following is a small list of tax forms you may need to file with the IRS for your business taxes:

1. Form 1040

2. Form 4562

3. Form 8829

4.Form 8895

5. Schedule C

6.Schedule SE

And that’s just for you federal taxes! You’ll also need to take care of your Maryland state taxes, which can be more complicated. It’s also important that you keep a complete and easily accessible file with your receipts for business purchases and for customer sales. When you have deductions for your business, you’ll need to have a record to show to the IRS in case of an audit.

Frederick Tax Preparation Services for Businesses

 Ontko Tax and Accounting Services can help you organize your tax records to ensure there’s no problem with your business filing, and we’ll look for new deductions you may not know about. For example, if you’re running a business out of your home there are many valuable deductions you can take as business expenses that can greatly reduce your tax liability. Let us help you so you can relax knowing you’re getting the most deductions.

If you have a history of being audited, filing late, or owing money for consecutive tax years, then it’s important to hire a tax pro like us. It’s common for the IRS to look more closely at you once you’ve been audited. If you owe back taxes, and you’re worried that you won’t be able to pay your new tax bill, our experienced staff can help. We will work with the IRS on your behalf to come up with a payment plan that works for you. You won’t have to spend hours on hold waiting for an IRS representative when we handle your case.

Tax Preparation Services for Individuals

We do taxes for individuals too, and we’ll save you time and money by finding ways to lower your taxes. We work hard to get refunds for our customers and to prepare them for the next tax year as well so they can keep more of their money.

If you’re looking for an easy way to manage your taxes and financial health, then come talk to our friendly financial services professionals and have an easier time this tax season.