Income Tax Preparation
I am a CPA and the owner of Bernard M. Kiely, CPA; a sole proprietorship. I have been teaching taxes at the professional level and a tax return preparer since 1983. I specialize in:
- The Alternative Minimum Tax (AMT)
- Capital Loss Carryovers
- The new 3.8% Medicare Sur-Tax on net investment income
- The new 0.9% Medicare Sur- Tax on certain earned income
- Stock Options and Restricted Stock Grants
- Self-Employment Tax
- Most out of state tax returns
- Foreign Earned Income Exclusion
- Credit for taxes paid to other countries
For tax preparation I work on an hourly basis and charge $250 per hour. All tax returns are electronically filed.
Income Tax Planning
In many cases it is best to plan your taxes before year-end. This may be the case if you have had a major change in your life such as:
- A marriage
- A divorce
- A change of residency
- New Job
- Large bonus
- You retired
- A substantial capital gain
Planning ahead could save you peace of mind, taxes and/or underpayment penalties. I charge $250 per hour for tax planning.
It’s never nice to receive a notice from the federal or state taxing authorities. It can be even worse if you are being audited. You don’t have to go through an audit alone; I can help even if you prepared your own tax return. If you are the subject of a tax audit I can help you in two ways. I can sit down with you and review the audit notice, your tax return and your documentation. I will then coach you so you can go to the audit by yourself.
I can also go to the audit with you and stand with you as you answer the auditor’s questions and while you present your documentation to the auditor. Audit fees are $250 per hour.