Tax Preparation
Individual Tax Return
Our firm assists both businesses and individuals in filing the correct tax forms required by the IRS. Below are some of the most common ones we manage:
Form 1040 – Used by U.S. taxpayers to file annual individual income tax returns.
Form 2555 – Allows taxpayers to claim foreign earned income and related exclusions.
Form 1116 – Used to apply for a credit for taxes paid to a foreign country.
Small Business Tax Return
We specialize in small business filings, ensuring that every detail is handled with precision to meet your company’s tax responsibilities:
- Form 1065 – Partnership income and expense declaration.
- Form 1120-S – S-Corporation return, including shareholder reporting.
- Form 1120-C – C-Corporation report for income, assets, and liabilities.
Additional Tax Return Services
We also prepare tax returns for a variety of entities and special cases:
- Individuals – Forms 1040A, 1040EZ, 1040NR
- Fiduciaries – Form 1041
- Charities & Non-Profits – Form 990
- Estate & Gift Taxes – Form 706
- Other customized filings upon request
General Questions
Here are the most frequently asked questions from our customers. If you have any further questions, please do not hesitate to contact our great team.
Who Should Pay Taxes In The United States?
In general, anyone earning income within the United States, whether resident or nonresident, is required to pay federal taxes on that income. Exceptions apply depending on visa status and income source.
What is the Annual Report or Franchise Tax?
The Annual Report or Franchise Tax is a yearly obligation for most U.S. entities, used to keep company information up to date and maintain good standing with the state.
How are international students taxed?
International students are generally taxed on income earned within the United States, but special exemptions and treaties may apply depending on their country of residence and visa type.
Other taxable income that you must include in your tax return
Taxable income includes wages, interest, dividends, self-employment earnings, and other income sources. Legentric can help you determine what needs to be reported to stay compliant.
Easy Steps To Get Your Solutions
With these simple steps we will make life easier for you. Let us know how we can help you, now!
- Make An Appointment
- Get Consultation
- Your Problem Solved
Support
Email Address
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