Tax Review

Our Services

At Shaqildi CPA Group, we understand that tax laws are complex and ever-changing, making it easy for even the most diligent taxpayers to miss valuable deductions or credits. Our Tax Review Service is designed to ensure that you are paying the correct amount of taxes—no more, no less. Whether you’re an individual, a business, or a nonprofit, our team of experienced CPAs conducts thorough reviews of your tax filings to identify opportunities for savings, pinpoint areas of concern, and ensure full compliance with tax laws.

Our service is ideal for those who want to make sure they are not leaving money on the table or facing costly errors, and it is especially helpful if you’ve recently experienced a major life event (e.g., marriage, new business, investment income) or want a second opinion before filing your taxes.

Our Tax Review Service Includes:

  • Comprehensive Tax Return Review
    We conduct a detailed review of your past tax returns, whether personal, business, or nonprofit, to identify potential errors, overlooked deductions, or credits you may have missed. We ensure that your tax filings are accurate and fully compliant with federal, state, and local tax laws.

  • Identification of Missed Deductions & Credits
    Many taxpayers overlook valuable tax deductions and credits. Our CPAs will thoroughly examine your filings to ensure you’re taking full advantage of available tax breaks, including those for medical expenses, education, business-related deductions, and more.

  • Audit Risk Assessment
    We review your filings for common audit triggers, such as incorrect reporting of income or unsubstantiated deductions. By identifying potential red flags, we help you minimize the risk of an audit and provide strategies to reduce the likelihood of IRS scrutiny.

  • Tax Planning Recommendations
    Based on our review, we offer personalized recommendations to improve your tax position for future filings. Our team can help you make tax-saving decisions for the current year, ensuring you’re well-prepared for upcoming tax seasons.

  • Assessment of Tax Compliance
    We ensure that your filings meet all legal requirements and stay in full compliance with changing tax laws. If we find any discrepancies, we provide guidance on how to correct them, helping you avoid penalties and interest.

  • Tax Minimization Strategies
    We look for opportunities to minimize your tax liability by recommending changes in your financial strategy or structure. Whether it’s changing your filing status, contributing to retirement accounts, or optimizing your deductions, we help you make tax-efficient decisions that align with your financial goals.

  • Tax Filing Optimization
    If you’re unsure whether you’re filing as efficiently as possible, we analyze whether you could benefit from changing your filing status, taking advantage of tax deferral opportunities, or adjusting your withholding amounts to avoid surprises at year-end.

  • Second Opinion on Tax Matters
    If you’ve already filed your tax returns or worked with another tax professional, we offer a second opinion to ensure everything is in order. This is especially useful if you’ve had major changes in your life or business and want to make sure your filings reflect your current situation.

  • Year-End Tax Strategy Review
    We provide a year-end tax strategy review to help you make last-minute tax-saving decisions that could impact your filings. This includes timing income and deductions, charitable contributions, and other tax-saving actions that can reduce your taxable income.

Why Choose Shaqildi CPA Groupfor Your Tax Review?

  • Expert Analysis: Our CPAs bring years of experience to the table, ensuring a meticulous review of your tax filings and providing expert advice on how to reduce your tax burden.
  • Thoroughness: We leave no stone unturned, carefully reviewing every detail of your tax return to ensure accuracy and compliance.
  • Proactive Recommendations: Our service is not just about reviewing what’s been filed, but also offering forward-thinking advice to help you improve your tax situation in the future.
  • Peace of Mind: We help you avoid costly mistakes, potential audits, and missed opportunities for tax savings. With our expertise, you can file your taxes with confidence.
  • Tailored Guidance: We understand that every financial situation is unique, so our tax review service is fully personalized to your needs, whether you’re an individual, a small business owner, or part of a nonprofit.

Who Should Use Our Tax Review Service?

  • Individuals: If you’re unsure about your tax filings or want to make sure you’re maximizing your deductions, our review service ensures you’re paying the right amount.
  • Business Owners: For entrepreneurs and small businesses, a tax review helps uncover potential tax-saving opportunities and ensures that your business is in compliance with all tax regulations.
  • Nonprofits: Nonprofits can benefit from a tax review to ensure that their exempt status is maintained and that they are in compliance with the IRS and state tax authorities.
  • Anyone Facing Major Life Changes: If you’ve recently experienced a change in marital status, had children, started a new business, or experienced a large increase in income, a tax review can help you navigate the new tax landscape.

In conclusion, a Tax Review Service from Shaqildi CPA Group ensures that your tax filings are accurate, compliant, and optimized for the best possible tax outcome. Whether you’re preparing for a tax season or seeking a second opinion, our expert team is here to provide you with personalized, thorough, and proactive tax advice that helps you avoid costly mistakes and maximize your tax savings.

A Tax Review service can benefit a variety of individuals and businesses, including

Individuals with Complex Tax Situations

Individuals with multiple income sources (e.g., freelance work, investments, rental properties) or major life changes (e.g., marriage, divorce, inheritance) may have more complicated tax filings. A CPA can help identify deductions and credits they might have missed and ensure they’re paying the right amount of taxes.

Self-Employed Professionals and Freelancers

Self-employed individuals and freelancers often face unique tax challenges, such as deductions for business expenses and self-employment taxes. A tax review by a CPA can help ensure that these deductions are accurately claimed and that tax payments are properly managed.

Small Business Owners

Small business owners need to ensure their business expenses, income, and tax filings are accurate. A CPA can review business returns to ensure tax deductions for expenses are properly claimed, as well as recommend strategies to minimize tax liability.

Couples Filing Jointly or Married Individuals

Couples who file jointly or those considering marriage may not realize the impact their tax situation will have when combining incomes, deductions, and credits. A tax review ensures the most favorable filing status and tax benefits.

Investors and Individuals with Passive Income

Investors with income from stocks, dividends, rental properties, or capital gains often need expert advice on how to properly report these income sources and minimize taxes. A tax review ensures that all applicable deductions and credits are utilized.

Individuals Who Have Not Filed in Several Years

If you’ve fallen behind on filing your tax returns, a CPA tax review can help you catch up, identify any missed penalties, and structure a plan for filing multiple years of returns.

People Going Through Major Life Changes

Significant life events—such as getting married, having children, or retiring—can greatly impact your tax situation. A tax review ensures that these changes are reflected in your filing status, deductions, and overall tax strategy.

Taxpayers Facing an IRS Audit

If you’re concerned about a potential IRS audit or have been selected for one, a tax review from a CPA ensures that your returns are correct and that you’re prepared for any issues that might arise. CPAs can help identify potential audit triggers and mitigate risks.

Taxpayers Who Have Filed Incorrectly in the Past

If you suspect your past returns were filed incorrectly or if you didn’t claim all the deductions you were entitled to, a tax review ensures that you can amend your returns before it’s too late, potentially avoiding penalties or reducing your tax liability.

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