Below are frequently asked questions from first-time clients. Don’t see your question below? No problem! Feel free to Connect With Us at your earliest convenience with your question.
No! Our goal is to keep our fee structure simple and reasonable for all our clients – no matter your filing status. We do not charge additional fees if clients are married and they are better off filing their tax return joint or separate. We will analyze the differences between the two filing statuses and review the outcome with our clients before filing the tax return. We will also discuss implications of filing joint vs. separate based on client’s personal circumstances – such as preparing for a divorce or if a spouse is needing to divide themselves from the other spouse’s tax liability.
We strive to utilize a flat and simple rate for our individual tax clients. Just like you, we don’t like financial surprises. We want to allow our clients to budget properly when it comes to their tax preparation needs. Our flat and simple fee covers:
- tax preparation of your federal, state, and local (if needed) tax returns;
- analysis of filing status if married (married filing joint vs. married filing separately);
- electronic filing;
- direct deposit of tax refunds (if applicable and available from tax authorities); and
- analysis of your tax situation for future planning.
While there can always be exceptions if a client is dealing with a unique tax situation, we work to communicate early with the client to make sure we can meet their needs by utilizing a reasonable fee for our service.
Yes! We offer a range of accounting, tax, and advisory services to individuals and businesses. Just like with individuals, businesses are unique and we take time to understand the story behind the business and help with its needs.
Yes! We will help you determine if your child or dependent is required to file a tax return. If so, we are happy to provide tax preparation services at a discounted rate.
The length of a tax appointment can vary from client to client. Typically, new clients can take a little longer as we will collect basic information. We also want to better understand your personal needs and requirements when it comes to your tax filing. Tax appointments can range from 30-minutes to 2-hours to longer if the situation is more complex.
We will need to perform an interview to make sure your tax preparation needs are being met. Clients are welcome to then stay in our office while we prepare their tax return or they can drop-off their tax documents and come back in to review their completed tax return at a later time. We do our best to work around our client’s schedules as we know every client is unique when it comes to personal schedules.
Yes! Electronic filing (e-filing) is safer and faster than filing by paper. Additionally, e-filing will allow you to get your tax refund faster, and the IRS and some other tax authorities will provide a notice of acceptance or rejection when it comes to your tax filing.
We work to understand the story behind the business, its goals, and its current needs and needs into the future.
General services provided to our clients include:
- Tax reporting (income tax, sales tax, commercial activity tax, and more);
- Accounting and financial reporting;
- Budgeting and forecasting;
- Financial data analysis & advisory services; and
- Ad hoc services
Please Connect With Us if you have any questions regarding your business and its accounting needs.
We accept the following forms of payment for our services:
- Debit or credit card – a convenience fee is assessed for payment by way of credit or debit card.
Payment is required to be made before the filing of tax forms and related documents.
Personal information for yourself and each family member:
- Full legal name
- Date of birth
- Social security card
- Last year’s tax return (if not completed by Breidenbach Consulting Services LLC)
- Valid driver’s license
Income documentation and information:
- Interest (1099-INT)
- Dividends (1099-DIV or Broker Statement)
- Stock sales (1099-B or Broker Statement)
- Self-employment income and expenses
- Rental income and expenses
- Sale of business assets
- Sale of a personal residence
- Gambling or lottery winnings
- State income tax refund (1099-G)
- Pension income (1099-R)
- Social security or railroad retirement (SSA-1099 or RRB-1099)
- IRA or 401(k) distribution (1099-R)
- Unemployment compensation (1099-G)
- Miscellaneous income (1099-MISC)
Deduction and credit documentation and information:
- Medical expenses
- Real estate or personal property taxes
- Mortgage interest
- Charitable contributions (cash and non-cash)
- Gambling losses
- Traditional IRA contributions
- Higher education expenses
- Child care provider information (name and address) including employer ID number (EIN) or social security number
- Adoption expenses
- Retirement savings contributions
Estimated tax payments:
- Record of estimated tax payments made against federal, state, and/or local taxes
The above list is not all-inclusive as more information and documentation may be requested by Breidenbach Consulting Services LLC when preparing your tax returns.
The deadline for personal tax returns is traditionally April 15th. If this date falls on a weekend or holiday then the deadline may be moved to a later date.
If you don’t file, you could incur penalties and interest – both for non-filing of your tax return and non-payment of your tax liability. There are options available if you are unable or limited when it comes to paying your tax liability. We are here to help you navigate your options and better understand the taxation system.
We are owned and operated by a Certified Public Accountant (CPA). Why does this make us special? CPAs are licensed through their practicing state which requires specialized education, testing, experience, and ethical considerations. Additionally, CPAs must complete continuing professional education and operate their business according to specific standards to protect the general public. While there are many businesses and tax preparers who advertise themselves as “tax professionals”, this does not always mean that they are CPAs.
Finally, Justin Breidenbach (owner) serves as an Associate Professor of Accounting at Ohio Wesleyan University. He has taught at other higher education institutions and also has public accounting experience. Many of our clients appreciate Justin’s professionalism and training as he is able to help clients better understand their specific tax situation without just reciting tax code.