Frequently Asked Questions

SHAPIRO Tax CPA provides tax preparation, tax planning, accounting and bookkeeping, payroll, business advisory, and IRS representation services. The right combination depends on your individual or business needs.

Yes. Services include individual tax preparation as well as tax and accounting support for businesses. Some specialized returns, including trust, estate, and gift tax returns, are also offered.

Bring your prior-year returns if you are a new client, current-year income forms, records of deductions or credits that may apply, estimated tax payment information, and any tax notices you received. Your exact list will depend on your situation.

Cleanup and catch-up bookkeeping services can help organize prior transactions and identify missing information. The scope of work depends on the condition of your records and the period that needs attention.

First, check your online account with the employer or payer and request the missing or corrected form. Let your CPA know what is missing before filing. Income generally must be reported accurately even if an expected form has not arrived.

Generally, yes. Receiving or not receiving a Form 1099 does not by itself determine whether income is taxable. Keep your own records of payments received and discuss any uncertain items with your CPA.

Generally, no. A valid extension provides more time to file the return, but tax owed is usually still due by the original payment deadline. Interest and possibly penalties may apply to unpaid amounts.

Prior-year and amended returns may require a review of the original filing, supporting records, and any notices received. Contact the practice with the tax year and a brief description of what needs to be addressed.

No. Tax planning can be useful when an individual has changes in income, investments, retirement, property, or family circumstances. Business owners may also need planning around cash flow, entity decisions, and estimated payments.

You may need estimated payments if enough tax is not withheld during the year. This commonly comes up with self-employment, investment, or other income without withholding. Whether payments are required depends on your expected tax and payments already made.

Before you complete it, if possible. A business purchase, property sale, retirement distribution, or change in business structure can have tax consequences that are easier to plan for in advance.

Keep records that clearly show income and expenses, along with supporting documents for purchases, sales, payroll, assets, and other transactions. Reconcile business accounts regularly and keep personal transactions separate where possible.

Yes. Bookkeeping and accounting services can help keep financial records organized so you have better information for tax preparation and business decisions. Contact the practice to discuss the work your business needs.

It depends on the payment, the recipient, how the payment was made, and current reporting rules. Collecting Form W-9 from a contractor early can make year-end reporting easier. Have a CPA review uncertain payments before filing.

Payroll services include support for payroll processing and tax filings. The filings and payment schedule that apply depend on your business and employees.

Read the notice, note its response deadline, and keep the full letter and any related records. Do not assume it means you owe the amount shown. Contact a tax professional promptly if you do not understand the request or disagree with it.

IRS representation services include help with back taxes owed. The available next steps depend on which returns have been filed, the balance, the notices received, and your financial situation.

Audit representation is among the services offered. Bring the notice and relevant returns and records so the issue, deadlines, and scope of assistance can be reviewed.