If you have trouble keeping track of your books, you’re not alone. Accounting, for personal or business reasons, takes time, dedication, and knowledge. One small mistake could cost you thousands of dollars or lead to a stressful audit. Choosing a professional Las Vegas accountant can be difficult as well – how do you find someone you trust?
Torchlight Tax is happy to take this accounting stress off you. We pride ourselves on providing our clients with accurate accounting and outstanding customer service.
Torchlight Tax is a team with centuries of collective experience. The team includes bookkeepers, accountants, CPAs, EAs, Tax Attorneys and support staff. We provide reliable tax and accounting services.
Our purpose is to save you tax dollars legally, without cheating or putting you at risk. We also have the purpose to make accounting and taxes as painless as possible for you.
We found out a long time ago that doing excellent accounting and saving you tax dollars was not enough. If you are confused or have a tax question, we answer it. If you are stressed out about an IRS notice or an accounting problem, we handle any situation and make sure your stress is handled.
As part of this, we are here for you year round and take your phone calls.
From personal taxes to business formation, our accountants are highly experienced. Whether you are looking for bookkeeping services for your Las Vegas business or you are stressed about late taxes, Torchlight Tax is at your service. Contact us today. Free consultations are available.
Our friendly EAs and accountants are flexible with both in-office and virtual meeting times. Ready to see what our team can do for your financial needs? Contact us today to schedule an appointment!
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.