Tax Preparation

let us handle it

At Pederson Accounting & Tax Service, we believe in offering more than just tax services—we provide peace of mind. Filing taxes and managing finances can be stressful, time-consuming, and prone to costly mistakes. With our expertise, you’ll avoid errors, take advantage of every deduction, and save valuable time. Our proactive approach helps you minimize liabilities and maximize returns, ensuring you keep more of what you earn. Let us handle the complexities while you focus on what matters most, knowing your finances are in capable hands. Together, we’ll protect your financial future.

Tax Preparation

When you hire a tax professional it means your taxes are done correctly and you have established a relationship for the whole year. Not just during tax season. Do Not go it alone or rely on your neighbor or friend for help. The tax code is too large for most to comprehend.

“How bad is the tax code?” 

It’s THOUSANDS of pages. Let us figure out the small, yet complicated details for you.

Tax preparation involves several key steps to ensure an accurate and compliant tax return:

01

Gathering Documents

Collecting W-2s, 1099s, investment statements, and other income-related documents.

02

Reviewing Deductions & Credits

Identifying eligible deductions (e.g., mortgage interest, medical expenses) and tax credits (e.g., child tax credit).

03

Calculating Income & Expenses

Summarizing total taxable income, including business or freelance income, and accounting for deductible expenses.

04

Filing the Return

Preparing the necessary forms and submitting them to the IRS and state tax agencies.

05

Error Checking

Ensuring accuracy to avoid penalties or audits.

06

Tax Planning

Advising on future tax-saving strategies.