Tax Preparation

Reliable Tax Preparation Services in Atlanta

At Next Level Associates Group, we are committed to simplifying your tax preparation process by providing personalized guidance and expertise in Atlanta, GA. We offer solutions tailored to meet the unique needs of businesses and individuals around the Atlanta, GA, area. Our dedicated team works to provide accurate and efficient tax preparation, ensuring compliance with all applicable regulations and guidelines.

What Documents Do I Need for Tax Preparation?

It is essential to have the following documents readily available to ensure a smooth process:

  • Personal Information

    • Social Security number or Taxpayer Identification Number (TIN) for all individuals included in the tax return.
    • Date of birth and relationship for all dependents.

  • Income Documents

    • W-2 forms: This form shows your annual wages, salary, and tips. Your employer typically provides it.
    • 1099 forms: We use these forms to report various types of income, such as self-employment, interest, dividends, rental income, or retirement income.
    • K-1 forms: If you are involved in a partnership, S-Corporation, or trust, you will receive a K-1 form indicating your share of income or loss.
    • Additional income and supporting documentation: Include documents related to any other sources of income, such as rental properties, sales of investments, or unemployment compensation.

  • Deductions and Credits

    • Receipts and documentation related to itemized deductions include medical expenses, mortgage interest, property taxes, and charitable contributions.
    • Educational expenses and any associated tax forms (1098-T, 1098-E) for education-related deductions or credits.
    • Childcare expenses and provider information for claiming the Child and Dependent Care Credit.
    • Health Insurance Forms (Form 1095) for the Affordable Care Act requirement.

  • Retirement and Savings Documents:

    • Contributions to Individual Retirement Accounts (IRAs) or employer-sponsored retirement plans (401(k), 403(b) statements, etc.), along with any early withdrawal or rollover details.
    • Savings and investment accounts, including interest earned or dividends received.

  • Business Documentation (for Business Owners):

    • Financial statements and records.
    • Account summaries and records of income and expenses.
    • Business-related deductions and receipts.

Give us a call today at (404) 549-5947 for more on tax preparation.

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