TAXES

Saving You Money

AA prepares tax returns in all 50 states.  We are professional tax advisors experienced in preparing complex tax returns for individuals, sole-proprietors, corporations, s-corporations, partnerships and limited liability companies. We develop and prepare  budgets, cash flow projections, financing and handling tax problems with the IRS. 


Get started by completing the tax organizer below and schedule a consultation.

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Armstrong Associates Inc (AA) tax planning service involves reviewing your personal and business income as well as reviewing your assets, liabilities, and net worth.  Based on your financial condition AA recommends tax saving strategies to minimize and reduce your income taxes.


AA provides tax-planning services for business owners.  AA helps select the proper legal business structure to minimize taxation and to take advantage of federal and state business deductions.  AA provides the business owner with a business startup kit that will help the business owner navigate federal, state and local business and tax requirements.

 

TAX RETURN PREPARATION

PARTNERSHIP TAX RETURNS

The firm prepares tax returns and advice for limited partnerships, limited liability corporations, limited liability partnerships, investment clubs and general partnerships

CORPORATE TAX

The firm prepares tax returns and advice for C-Corps, S-Corps, and single member liability companies. Tax returns are filed in all 50 states

GIFT  & ESTATE TAX

  • Gift tax returns are required when individuals give gifts exceeding $11,000 per year. 

  • Estate tax returns are required when the assets of a deceased exceed $1.5 million.

  • Trust tax returns are required annually. Trust are assets transferred to third parties fir the benefit of others, generally named beneficiaries.

EXEMPT TAX

The firm prepares Federal form 990 Return of Organization Exempt From Income Tax and form 990-T Exempt Organization Business Income Tax Return  and State Charitable tax returns.

CORPORATE AND PARTNERSHIP DISSOLUTIONS

The firm provides corporate dissolutions papers to the appropriate states to dissolve the corporations. We file all tax returns and work with the states to resolve any corporate dissolution issues that might arise.

CORPORATE, PARTNERSHIP AND EXEMPT CORPORATION FORMATION

We provide and file articles of incorporations for corporations or articles of organizations for partnerships in all 50 states. The firm works with the states to obtain the incorporations and provide you with filing receipts, incorporation papers and corporate kits.

SALES AND PAYROLL TAX

The firm prepares your company’s quarterly and annual payroll tax returns.

We file:

  1. Federal 941

  2. All State Returns

  3. Federal 940

  4. Federal W-2

  5. Federal W-3

 

IRS TAX RESOLUTION

Our firm represents individuals and business with the IRS, State and/or city governments. We work with the governments to resolve your tax issues.

We prepare installment agreements, innocent spouse and equitable tax forms to assist in solving tax issues.

The firm prepares offer and compromise documents for individuals or businesses that meet one of these requirements:

  • Inability to pay

  • Doubt as to liability

The firm reviews the personal / business financial statements to advise on probability of an offer and compromise being accepted by the IRS.

 

TAX CALENDAR

This info is found at www.tax.gov/calendar

The Treasury Department and the IRS have officially extended the federal income tax filing due date from April 15, 2020, to July 15, 2020. The IRS started accepting returns on January 27th, 2020. Most refunds will be issued by the IRS in less than 21 days after the return has been accepted.