You used to live in Glendale, CA, and you had a tax preparer that you loved, but now you’ve moved to another state and dread having to find a new one. But wait! Before you start that search, did you know that Glendale tax preparers can do both your federal and out-of-state returns? While tax laws do differ from state-to-state, a knowledgeable tax preparer can easily research and understand any differing tax laws. There are some states, such as NY, that do require a tax preparer to be certified in that state, but before you go switching—ask. You never know--that person may just be certified in NY too.
But What About…
- Corporate Tax Returns?
The same goes for corporate tax returns. Whether you have an S-corporation, a partnership, or an LLC, your Glendale tax specialist can complete the necessary return. Of course, you will want to make sure they are familiar with corporate tax laws as well as individual tax laws.
- Self-Employed Tax Returns?
A self-employed tax return isn’t different from an individual tax return. The only difference is completing a Schedule C to be included in the individual tax return. The Schedule C reports self-employed income and expenses. The same goes for rental income and expenses, which are reported on Schedule E if they are not part of a corporation.
- If I Live in Another Country?
Many Americans don’t realize that, if they move to another country, they still have to file US taxes. Yep, that’s right. The IRS taxes worldwide income. That being said, there are usually treaties in place with other countries that can help avoid double-taxation. So, if you do live in another country, a Glendale tax preparer can absolutely do your US tax return. Just be sure they are knowledgeable about specialized laws, such as the Foreign Earned Income Exclusion and the Foreign Tax Credit, that could benefit you. This does not mean, however, that a US tax specialist can complete the tax return for your resident country. You will have to hire a local tax preparer who can legally do taxes in that country.
Moving to another state does not limit you to tax preparers that are based in that state. You can keep your Glendale tax specialist even if you move to the other side of the country or to another country.
Moore & Paquette Tax Group is located in Burbank, but our tax preparers have experience filing tax returns for states all over the US and for clients who live abroad. If you live elsewhere but want us to do your taxes, give us a call today.
**Please note that tax law can change often, and the above should not be considered legal advice. Always consult with a tax preparer before completing a tax return.