Tax Wise

Who will prepare my return?

All tax returns are prepared in-house. We never outsource our work or share client information with a 3rd party.

How can I securely send you my tax information?

Please log in to your Tax Wise Online account here. If you have any trouble, please call or email us and we will be happy to help.

Tax Help

Where’s my refund?

What do I do if I received a letter from the IRS?

Read the letter once and follow the instructions. They are usually very short and they explain why you are receiving the letter. If you disagree with their findings or are unsure what is being communicated, contact us and we will help you resolve the matter.

I owe more than I can pay in taxes. Can I pay it over time?

Even if you are unable to pay your entire tax liability when you file your taxes, it is important to file your return on-time. Once your return is filed, you can apply for a Payment Plan with the IRS or Franchise Tax Board. This will allow you to make affordable monthly payments.

Click below to apply for a payment installment agreement:

I’m selling my home/investment. How can I find out what I will owe in taxes?

Estimating capital gains taxes correctly on the sale of primary residences and investment properties has several components that are easier to address on a case-by-case basis. Please send us a message on our contact page or call our office.

What happens if I file my taxes late? (Filing on Extension)

Filing on extension simply grants you more time to prepare your return. It does not extend the amount of time for you to pay any outstanding taxes. You avoid incurring a late filing penalty, however you can still receive a late payment penalty if you owe any taxes after the deadline.

For example, you file an extension on April 15th. You prepare your taxes a month later and determine that you owe $1,000 which was due on April 15th. You file your tax return and are penalized for making a late payment. To avoid the penalty, you should have made an estimated payment before the deadline on April 15th.

Tax Tools

W-2 Withholdings Calculator

The IRS provides a free withholdings calculator to help you estimate your proper income tax withholdings. Ideally, you won’t owe any taxes nor will you have overpaid significantly at the end of the year:

IRS Withholdings Calculator

Basic Income Tax Calculator

The American Institute of CPAs provides a robust income tax calculator for individuals to use.

Visit the Total Tax Insights calculator provided by the AICPA.

Payroll Tax Calculator

Need help calculating payroll tax for your business or estimating additional tax when hiring a new employee?

Use ADP’s Payroll Calculator.

Retirement for Small Business Owners and Employees

Choosing the right retirement plan for your small business depends on several factors. Entity structure, revenues, and company size are all important factors to consider. We can help you understand the retirement tax strategies available to you and evaluate their suitability for your specific needs.