2024 Tax Filing Overview

About Our Tax Filing Services

We're pleased to provide our clients with a streamlined tax preparation service through our trusted partner TaxFyle.

The tax filing professionals at Taxfyle are licensed CPAs or EAs, based in the US, who are experienced in handling a wide range of tax filing needs. Learn more here

Your Advisor membership includes one individual tax return per household (single, head of household, or married filing jointly). Additional services, like tax extensions, additional individual filings, tax consultations and business tax filings for LLCs, can be added at an additional cost.

Jump To:

• Tax Filing Deadlines: * We will NOT be able to make exceptions to any of these deadlines *
• How Does the Service Work?
• What does it cost to add additional services?
• What's New and Improved This Year from last year?
• Individual Tax Filing Information
• Business Return Filings
• Tax Consultation Information
  
  
  

How Does the Service Work?

TaxFyle is a real-time tax filing software application that connects you digitally to a tax professional to make filing taxes easy and efficient. 

How to get started:

1. First Step: 

   1. Go to our tax portal: https://www.taxfyle.com/partnership/awm and select "get started"

   2. Select "sign-up" or "sign-in" on the next screen to create your account on our tax portal. If you used our tax filing services last year, then your account is still active and you can just sign-in. Use the forgot username/password option if you need to recover your credentials.

2. Answer Questions: Once you're logged in, click “Get Started” in the top-right corner. You’ll be guided through a series of simple questions to streamline the tax filing process.
   
3. Tax Pro Assignment: Once you are done answering these questions, the TaxFyle team will review your tax needs and will be assign you to a tax professional whose expertise matches your needs. 
4. Upload Your Documents: You can begin uploading your tax documents into the tax portal right away, even before you are assigned to a tax pro.
   
   Once your documents are uploaded, and your Tax Pro is assigned, your Tax Pro will take over and begin working on your tax return. The standard turnaround for completion is 7-10 business days.
   
   
5. Ask Questions, Get Answers: You will be able to chat directly with your Tax Pro within the tax portal, and they will reach out to you as well as they have questions or if additional documents are needed to complete your return.
6. Review and Approve: Once your Tax Pro has completed your return, you will be notified to review and sign it. Make sure to download the completed return for your records.
7. All Done: That’s it! Your Tax Pro will take care of filing your Federal and State return so you can receive your refund.  If you owe money, they will provide instructions on how to pay your tax bill.

What's New and Improved This Year from last year?

• Improved technology and communication: We heard your feedback, and the tax filing portal has been revamped to provide a more streamlined experience and better communication with your tax professional.
• Expanded Services: You can opt-in to additional services such as:
  • Tax Consultations
  • Business tax filings

2024 Tax Filing Dates & Deadlines

• January 27 - IRS begins accepting tax returns.
• March 7 - Deadline to file Business Returns, or request an extension.
• April 7 - Deadline to file Individual Returns, or request an extension.
• April 15 - Individual Tax filing deadline (unless extension has been filed).
• October 15 - Deadline for individual income tax returns if an extension was filed

What does it cost to add additional services?

• Additional Individual Returns: For households filing more than one individual return, additional returns can be filed through our tax filing services for a cost of $400. 
  • We only handle returns for current clients of Advisor Wealth Management.
  • We will invoice you directly for the additional return once you have approved the return and it has been filed.
• Tax Extensions: If you need to have an extension filed, it will be an additional $250 (or you can file an extension yourself for free).
  • We will invoice you directly for the extension once the extension has been filed.

• Business Return Filings: Business returns start at $950, and pricing can increase based on complexity. Learn more here
• Tax Consultations: Meet one-on-one with a licensed CPA or EA over a video call, where a Tax Professional will guide you through any questions or concerns about your tax situation. A 30 minute call is $60, and an hour call is $110. Learn more here
  • We will invoice you directly for the consultation once it is complete.

Individual Tax Filing Information

This is a great service for people who:

• Are looking for simple or complex tax filing services

• Rent or own a home, or own rental property

• Receive income from a business (K-1)

• Have different investments (stocks/crypto)

• Have diverse income source (1099) or are a freelancer, sole proprietor, independent contractor

• Need estimated tax payments calculated

What Other Tax Services Are Available?

Business return filings

For an additional cost, you can also have the same Tax Pro complete both your individual and business return.

This is perfect for people who:

• Run a C corporation or LLC that is not a sole proprietorship.

• If you need to file IRS tax forms 1065, 1120S and/or 1120 (used to report income, expenses, and distributions of different types of entities)

• Have multiple rental properties

• Need business activity review to ensure maximum tax benefits

• Need year-end write-up services

▶️ Learn More

Tax Consultations

If you would like to dive deeper into your tax concerns and receive comprehensive answers from a tax professional, an online tax consultation is a straightforward and convenient solution.

▶️ Learn More