We are one of the leading full-service tax and accounting firms in Las Vegas. We handle bookkeeping, accounting, and taxes of all kinds.
For us, tax season is always here or coming. We are open year-round as a result. Because we do all types of business and personal taxes and accounting, and even negotiate IRS debt, there is always another deadline coming. Thus, we are here working all year-round. If you have a question, problem, opportunity, or an IRS Letter, you can call us.
If you need a tax accountant, you can call us pretty much seven days a week between 900 am and 6 pm. You are also welcome to email us.
Do you have unfiled taxes? If you’re searching for a tax accountant near you, you are not alone. EAs and CPAs are the top tax preparers. At Torchlight Tax, our EAs and CPAs are backed up by a skilled team of bookkeepers and tax secretarial staff. Many of our secretarial staff would be tax preparers in another firm. This is not accidental. When other firms are laying off tax preparers (after April 15, we hire them).
Because we are a full-service tax and accounting firm, we do IRS Representation, accounting and payroll services that run year-round. Rather than hiring secretaries to handle support duties, we hire tax preparers and bookkeepers to handle administrative duties. As they already have some tax experience, they are more able to assist our clients and the EAs and CPAs who do the tax returns.
Moreover, we offer a career path to bookkeepers, tax secretaries, and licensed tax preparers. We give them training and apprenticing so they can become true tax experts. You would be amazed how many people with accounting degrees never take the CPA exams. These we encourage to do so. We also fund their EA training and have an apprenticeship program. They get practical experience in all aspects of tax while getting trained up to be Enrolled Agents or CPAs.
Graduating from college as a tax accountant and going to work straight off as an EA or CPA can be a steep gradient. Experience is essential. At Torchlight Tax and accounting, we use tax preparers from other firms as assistants to the EA or CPA. They learn all the practical details while they study for their EA or CPA exams. We provide them with EA study materials if they wish to move ahead on their EA training. We fill in any holes they have missed in their tax training or apprenticeship.
At Torchlight Tax, your tax return is completed by an EA or CPA. EAs and CPAs are the only Tax return preparers we are confident have the knowledge to provide a reliable and accurate tax return that maximizes your legal tax savings. You’ve worked hard to make money, so we save every penny possible on your taxes. Our talented team of EA and CPA tax return preparers in Las Vegas are ready to help you!
It’s no secret that taxes are stressful. Understanding tax the code and how to accurately file your return is difficult. The higher your income and the more investments you have, the more confusing filing becomes. Providing inaccurate information can cost you your hard-earned money and may lead to problems with the IRS. Allow us to save you money, time, and stress by accurately and quickly completing your tax returns this year.
Here is how the process works at Torchlight Tax:
We go through this very thorough process every time we do a tax return. Your tax return is done right and double checked. Some may think this takes extra time, but they would be incorrect. Making mistakes on tax returns or leaving clients with unanswered question or concerns is what takes extra time.
Also, our job is also, in addition to legally saving you money, is to make the tax process as pleasant and painless as possible. Advising on tax savings strategies is part of this. Advising you of how to handle a tax debt and handling your questions is part of this.
Unlike the big franchise tax mills, we are here to answer your questions year round. We look forward to hearing from you.
Many people do not know how a professional tax and accounting firm differs from a bookkeeper or tax preparer. The main difference when working with a professional tax and accounting firm, such as Torchlight Tax, is that our firm utilizes the services of CPAs, EAs, and Attorneys who are distinguished from bookkeepers and other tax preparers by stringent qualification and licensing requirements. Our entire team has a purpose to legally save your tax dollars and to make taxes as painless as possible. This means we take your calls and respond to your concerns. If you receive a threatening IRS call or Notice or are worried about some tax question, we are here for year round taking your calls and responding to your emails.
Whether you are filing personal, small business, or corporate taxes, or negotiating IRS tax debt, if you are not already using a professional Tax, Accounting and IRS Representation firm, you most likely have missed out on major tax benefits. This is because a professional tax and accounting firm utilizes licensed professionals such as Certified Public Accountants (CPAs), EAs and Attorneys, who can not only advise individuals on personal financial matters but who can also advise businesses and corporations of all sizes and types. Tax laws are complicated, and no one knows everything. Torchlight Tax is a team and any one of our tax pros can call on other EAs, CPAs and Tax Attorneys in the team who may have specialist knowledge in a specific area of tax.
When doing current taxes, we often come across missed tax savings from prior years. When this happens, the Internal Revenue Service allows you to amend your taxes and lower your tax liability. Whether you or your prior tax preparer missed a W-2 or 1099, a revised 1099. large charitable donations, or made some other error, amending your tax return can help you recover the money you are rightfully owed. When we find this situation, we will advise you on potential savings and amend the previously filed tax return.</p”>
Sometimes, there may be a situation where a tax return could be amended, but it is too late to receive any benefit. Or maybe you made an error that was missed by the IRS that would have increased your tax liability. In some cases, it is prudent to file an amended return. But if it is not necessary and will not save you any money or decrease your risk, we will tell you not to bother. It is silly to amend a return to no advantage which is too old for the IRS to audit. Some firms might file a bunch of unnecessary tax returns and charge a fee. Sometimes a taxpayer himself might increase his tax liability by filing an unnecessary amendment that increases his tax liability. We will not do this.
Amending a tax return requires more professional acumen then doing it right in the first place. At Torchlight Tax, we do file the tax return correctly the first time. And we will happily amend your tax return, but only if it actually is to your benefit. If you think you might need to amend tax returns, contact Torchlight Tax for a free consultation.