Individual tax preparation in Round Rock
At BR Tax Group we help individuals prepare accurate returns, from standard filings to more complex situations involving RSUs, investments, rental income, or Roth conversions.
A personal tax return can be straightforward. It can also become harder to manage when your income comes from several places or when your documents do not tell the full story. At BR Tax Group, we take the time to understand your situation before preparing your return. Whether you have W-2 income, investments, RSUs, stock sales, rental property, business income, or Roth conversions, we help you file with clarity and confidence.
Tax preparation for more complex individual returns
Restricted stock units and stock compensation
If you received RSUs or sold company shares during the year, your tax return may need a closer review.
We look at your W-2, brokerage forms, vesting records, and stock sale information together. The goal is simple. We want your return to reflect what happened accurately, without unnecessary confusion or missed details.
This may apply to you if you received:
• Restricted stock units
• Employer stock compensation
• A 1099-B after selling shares
• Multiple brokerage tax forms
• Equity income from a tech or corporate employer
Backdoor roth conversion tax reporting
A backdoor Roth conversion can be a smart planning move, but the tax reporting should be handled with care.
We review your IRA contribution records, Roth conversion documents, Form 1099-R, prior-year information when needed, and Form 8606. That way, you can file with a clearer understanding of how the conversion was reported.
This may apply to you if you:
• Made a nondeductible traditional IRA contribution
• Converted IRA funds to a Roth IRA
• Received a Form 1099-R
• Have traditional, SEP, or SIMPLE IRA balances
• Are unsure whether your conversion was reported correctly
Personalized Tax Solutions
Every taxpayer has a unique financial situation, and we tailor our services to fit your specific needs. Whether you are a full-time employee, a self-employed individual, a freelancer, or a retiree, we take the time to understand your income, deductions, and potential tax credits. Our goal is to ensure you pay only what is required while taking advantage of every tax-saving opportunity available to you.
Accuracy and Compliance
Tax laws are constantly changing, making it difficult to stay updated on the latest regulations. Our team is knowledgeable in current tax codes and ensures that your return is prepared accurately and in compliance with all federal and state requirements. We carefully review all documents and calculations to minimize errors and reduce the likelihood of audits or penalties.
Maximizing Your Refund
Many individuals miss out on deductions and credits that could increase their tax refund. Our tax professionals conduct a thorough review of your financial records to identify all eligible deductions, from work-related expenses to education credits and retirement contributions. By leveraging our expertise, we help you maximize your refund or minimize your tax liability.
Simple and Convenient Process
We understand that your time is valuable, which is why we make the tax preparation process as simple as possible. Our team will guide you through every step, from gathering the necessary documents to filing your return electronically. If you have past-due tax returns or need to amend a previously filed return, we can assist with that as well. We also provide direct deposit options to ensure you receive your refund quickly and securely.
Support Beyond Tax Season
At BR Tax Group, our commitment to our clients does not end once your return is filed. If you receive any IRS notices or need assistance with an audit, we are here to provide support and guidance. Our goal is to give you peace of mind knowing that you have a trusted partner for all your tax-related needs.
Get Started Today
Tax season does not have to be overwhelming. Let BR Tax Group handle the complexities of tax preparation while you focus on what matters most. Contact us today to schedule a consultation and experience stress-free tax filing with the expertise and care you deserve.
“Bernard and his team at BR tax group are top notch. This is my first year using them after switching from a different local CPA and I didn't realize how much tax info I've been missing. His communication is great. The additional information he provides to maximize tax savings is something I didn't get from my previous CPA. Thanks Bernard”
Frequently Asked Questions
-
You can prepare your taxes yourself, especially if your business is simple.
But once you have contractors, employees, business loans, equipment purchases, mileage, mixed expenses, or growing revenue, things get more complex. At that point, tax preparation becomes a way to make sure your business is reported correctly, your deductions are handled properly, and your records can support what you file.
-
Send anything that shows what your business earned, spent, bought, paid, borrowed, or changed during the year.
That usually means your income records, bank statements, credit card statements, payroll reports, contractor payments, loan documents, mileage records, and prior-year tax return. Also tell me about anything unusual, such as buying a vehicle, hiring someone, opening a new location, or taking out a business loan.
-
Messy books can slow things down. If expenses are in the wrong categories, transactions are missing, or personal and business spending are mixed together, your tax return may not show the right profit. We may need to clean things up before filing, so your return is accurate and easier to support.
-
Possibly, if it was truly for your business and you have proof.
Still, it is much better to avoid this when you can. A separate business bank account and business credit card make everything cleaner. They save time, reduce confusion, and make your records much easier to defend if anyone ever asks questions.
-
Most small business owners can deduct ordinary business expenses like software, advertising, supplies, insurance, rent, payroll, contractor payments, professional fees, travel, and some vehicle costs.
The question I usually ask is simple. Was this expense clearly for the business? If yes, we can look at how it should be handled. Personal expenses should stay personal.
Our Offices
Georgetown
Austin - Arboretum
Austin Downtown
Let's Get Started
Our services are designed specifically for business start-ups, entrepreneurs and small businesses of all sizes. Let’s start the conversation.
Site managed by http://www.webstrategyboost.com/