U.S Income Tax Return – It must be nice somebody doing your tax preparations on your behalf and whom you can always trust. You can always hire an accounting firm to assist you through your tax preparations. And if you are a small and budding firm, you must surely go for outsourced accounting firms only since they will help you minimize your tax liability, prepare all the paperwork required and apply for returns, everything on time.
Meru Accounting has always got your back. We are a team of experts who will help you prepare and
file federal and state tax returns. Our services mainly include filling of different forms like form-1040, form 1041, form 990, preparing and applying for tax returns, and many more. We also have experience in working on much top tax preparation software like ProSeries Tax Solution, GoSystem Tax Solution, Thomson Reuters Tax Solutions, etc.
Services We Offer – Income Tax Return
Filing And Submitting Of Form-1040 For Individual Tax Returns:
Form 1040 is for the submission of the individual tax returns and evaluation of their tax liability of the year. Our services include filling the form, determining your deductions and refunds, and final submission to the IRS.
Filing And Submitting Of Form-1120 For c Corporations Income Taxes:
Filling in the details of the first page that need the closure of the income, deductions, and refundable credits. Further, taking care of all the
schedules that require many detailed briefs like your dividends, inclusions, calculation of tax liability, preparation of balance sheet, etc.
Assist you in identifying all your incomes and preparing and filing Form-1099:
We use Form 1099 to report our miscellaneous incomes other than salaries and wages like rent, royalties, medical and health care payments, etc. The filing of this form seems complicated because unlike other forms, you cannot print and submit the form available on the official website of the IRS. Visit the address www.IRS.gov/orderforms to get a copy of the downloadable form of 1099.
Filing And Submitting Of Form-1065 Partnerships:
Form 1065 is for the partnership firms to file their income and expenses and profits & losses, deductions, and credits for the year. This form includes disclosure of your income and deductions and then evaluation of tax and payments. We help also help you fill details in the different schedules of the form. These schedules include schedule B, which contains a detailed long list of 28 closed-ended questions. Schedule K is for partner’s distributive shares, schedule L is for the balance sheet, and schedule M1 and M2 is for the reconciliation of the income & loss and analysis of partner’s capital account, respectively.
Filing And Submitting Of Form-1120S For S Corporations Income Taxes:
Form 1120 is for the S corporations to submit their U.S income tax returns to the IRS. This form includes income and deductions, then evaluation of tax liability and payments. It contains 6 schedules as well i.e. schedule B for closed-ended questions, schedule K for the shareholder’s pro-rata share, schedule L for the balance sheet, and schedule M1 and M2 is for the reconciliation of the income & loss and analysis of accumulated adjustments account, shareholders’ undistributed taxable income previously taxed, accumulated earnings and profits, and other adjustments account respectively.
Preparations and filing of form W2 for payroll returns:
We help you prepare and filing Form-W2. Form W2 is used to report the payments made to the employees of the firm. You need to disclose every payment i.e. salaries, wages and compensations, social security tips, Medicare wages, and tips too. It should also be kept in mind that you cannot submit the copy downloaded from the IRS website. You have to download and fill the form from the website www.irs.gov/orderforms and you will receive a mail with a scannable copy of the mail.
Filing And Submitting Of Form-990 For Non-Profit Corporations:
Non-profits organizations use form-990 to report information about their income and expenses. Since non-profit organizations enjoy tax exemptions, this form differs from the rest of the forms. It needs disclosure of revenue and expenses, activities, and governance and then calculates the net assets and fund balances. This form is a 12-paged form, which longest amongst all and contains twelve different sections that serve different purposes.
At Meru Accounting, we assist you in every step of filing for a U. S income tax return. All these forms are quite lengthy and require expert supervision so that there is no room for mistakes and you do not have to go through it all again due to the slightest slacking off. Whether it’s preparations on documents, filling of forms, filing, and evaluation of different schedules, we are here so you do not get entangled in the complications of tax filing. 
