Juan J. Williams

A good tax preparer should disclose approximate cost before filing your return. Typically you should expect to pay in several ways: by the hour, by the form or by the return. I’ve seen costs range from $150-$700 or more in some cases. It’s always a good idea to discuss these cost with your preparer first. Please note that you should never have to pay a % of what your refund is unless its on an amended return. I hope this helps…Juan Williams, Your Tax Adviser

It’s always a good idea to use a tax adviser/preparer to do your taxes because they are working with sometimes hundreds of individual returns with different scenarios. I can’t tell you the number of returns I have corrected because of errors due to Taxpapers not knowing all the credits, deductions and loopholes in the tax code. Having a second opinion can result in hundreds of dollars in tax savings each year. In addition, the tax planning tools you should receive from your advisor can go a long way in helping you save future tax dollar. Juan Williams, Your Tax Advisor.

As a small business owner, you can operate your business as a “Sole Proprietor” without getting any business license. The IRS says on Schedule C “Profit and Loss Statement” that you don’t need a business name or a EIN number to operate your business. It would be beneficial to get a DBA name for your business from your city so that you can open your business account and make your business more respectable. Keeping accurate records of income and expenses can then be quickly filed on a 1040 & Schedule C! Juan Williams, Your Tax Advisor