~ Tax Preparation ~

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NEED HELP FILING YOUR TAXES?

INDIVIDUAL INCOME TAX RETURNS

Filing your income taxes can be a stressful process, especially if you are trying to do it on your own. Allow Elizabeth A. Beck to take the stress out of the tax preparation process. With decades of experience filing Federal and State income tax returns, Elizabeth has the knowledge and experience to advise you of possible money saving deductions, credits and exemptions for which you may be eligible.

BUSINESSES AND FARM RETURNS

When preparing tax returns where depreciation, SEC 179 expense election and farm income averaging may be useful in reducing tax liability, it is wise to engage the services of a tax preparer that is experienced with these areas. In addition to preparing your return, Elizabeth A. Beck would be happy to meet with you prior to the end of the year for tax strategy planning to maximize tax savings by properly timing payment of expenses and recognition of income.

FIDUCIARY RETURNS FOR TRUSTS AND ESTATES

If you are serving as Executor of an Estate or Trustee of a Trust, it is your responsibility to see that the Trust or Estate’s Income Tax Return (IRS Form 1041) is timely filed. Trusts and Estate income tax rates are much more “crammed down” than individual tax rates, meaning the same amount of income earned by a Trust or Estate will be taxed at a much higher rate than the same amount of income earned by an individual. For this reason, it is wise to consult with a tax preparer experienced in these areas to discuss income distribution deductions. Elizabeth A. Beck has prepared 1041 Returns for both estates and trusts and is well versed in the options available to maximize tax savings.

IRS AUTHORIZED E-FILE PROVIDER

Elizabeth A. Beck is an authorized IRS e-file provider for both Federal and the State of Illinois.