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Tax Preparation

Tax Preparation

We provide high-quality tax preparation services with a focus on personal, sole-proprietor, and trust tax returns.

We use Drake Tax Preparation software which incorporates the latest rule changes and provides a secure way to e-file returns when complete.  If you like, you will have access to a secure portal where tax and other sensitive information can be securely shared with us when doing you tax return.  So while we are happy to meet you in person, we can also do your taxes remotely while you remain in the comfort of your home. 

When we prepare tax returns, we analyze you financial situation and provide advice concerning ways to maximize deductions for the current tax year as well as understand ways you may be able to minimize your tax responsibilities over the long-term.

In addition to providing excellent service, every return we prepare is backed by Protection Plus, a leading tax audit defense company. When we do your taxes, you are backed with the following benefits:

  • $1 million Tax Audit Defense:  Should you receive a tax audit or notice, you can depend on up to $1,000,000 in services from the industry’s leading tax audit defense team. Your credentialed team of specialists provides comprehensive assistance to ensure your matter is resolved.
  • Identity Theft Restoration services:  If your identity is compromised, your designated Privacy Advocate will provide reliable and thorough identity theft restoration services. No matter how or where your identity is stolen, your team of experts stands ready to help you reclaim your identity with confidence.
  • $2,500 Tax Preparation Guarantee:  You can rest assured knowing that your tax preparation services are supported by a $2,500 Tax Preparation Guarantee. This guarantee ensures that your tax return is prepared with the utmost accuracy and attention to detail.
     
     
     


Cambridge does not offer tax or legal advice.

We have a variety of up-to-date educational handouts available upon request.  Fill out the form below to request up to two of these handouts (more available when if you work with us):

For Form 1040

• Alternative Minimum Tax
• Audits
• Cancellation of Debt - Insolvency
• Capital Gains and Losses
• Charitable Contributions Guide
• Charitable Contributions Noncash FMV
Guide
• Charitable Contributions Recordkeeping
Requirements
• Clergy - Religious Workers
• Consumer Credit
• Cost Sharing Reduction and the Premium Tax
Credit
• Crowdfunding
• Dependent Support Worksheet
• Digital Assets
• Divorce and Taxes
• Education Tax Benefits
• Energy and Vehicle Credits
• Estimated Taxes
• Extending Your Individual Income Tax Return
• Families With Children*
• Filing Status
• Foreign Bank and Financial Accounts
• Gambling Log
• Health Savings Accounts (HSAs)
• High-Income Taxpayers
• Hobby vs. Business
• Household Employees
• Identity Theft and Your Taxes
• Itemized Deductions - Casualty and Theft
Losses
• Itemized Deductions - Homeowners
• Itemized Deductions - Interest Paid
• Itemized Deductions - Medical
Expenses*
• Itemized Deductions - Taxes Paid
• Kiddie Tax
• Like-Kind Exchanges
• Moving Expenses
• Multi-State Taxation
• Sale of a Principal Residence
• Standard vs. Itemized Deduction
• Stock Options - Same Day Sales
• Tax Facts and Figures
• Tax Scams - Protect Yourself
• Taxable Social Security Benefits
• Taxpayers Who Receive an IRS Notice
• Tipped Employees
• Understanding how the IRS Contacts
Taxpayers
• What To Do if You Can’t Pay Your Taxes
• Withholding - Filling Out Form W-4

Business

• Business Entity Comparison
Chart
• Business Entity Pros and Cons
• Business Expenses Worksheet
• Business Management Tips
• Business Owners - Taking Money Out of
a Business
• Business Use of Home
• Buy-Sell Agreements
• Corporation Meeting Requirements
• Daycare Providers Income and
Expenses
• Employee or Independent Contractor*
• Employer Health Insurance Requirement
• Employing Family Members
• Excess Business Loss and Net Operating
Loss (NOL)
• Expense Reimbursements for Employees
• Farm Expenses Worksheet
• Farm Income Worksheet
• Farm Inventory and Accounting Methods
• Farm Vehicles and Fuels\
• FinCEN Beneficial Ownership Reporting
• Form 1099-K
• Form 1099-MISC and Form 1099-NEC
Reporting
• Fringe Benefits
• Inventory Cost of Goods Sold
• Limited Liability Companies (LLCs)
• Mileage and Expense Log
• Partnerships
• Qualified Business Income Deduction
• Real Estate Professionals
• Recordkeeping for Tax Purposes
• Rental Income and Expense Worksheet
• Rental Income and Expenses
• Rental Real Estate QBI Safe Harbor
• Repairs vs. Improvements
• Rideshare Drivers
• S Corporations
• Self-Employment Tax
• Short-Term Rentals
• Small Business Health Care Tax Credit
• Starting a Business
• Vehicles - Business Use

Retirement:

• Individual Retirement Accounts -
Beneficiaries of IRAs and Qualified Plans
• Individual Retirement Accounts - Kinds
of IRAs and Prohibited Transactions
• Individual Retirement Accounts -
Qualified Charitable Distribution (QCD)
• Individual Retirement Accounts -
Required Minimum Distributions (RMDs)
• Individual Retirement Accounts -
Roth IRA Conversions
• Individual Retirement Accounts - Roth IRAs
• Individual Retirement Accounts -
Traditional IRAs
• Retirement Income
• Reverse Mortgages
• Saving for Retirement
• Social Security and Medicare

Request for Imformative Tax handouts

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