About Our Tax Filing Services
As part of your subscription to Advisor Wealth Management, we're pleased to provide a streamlined tax preparation service for your taxes through TaxFyle - our trusted partner in tax filing solutions.
The Tax Pros at Taxfyle are licensed CPAs or EAs, based in the US, who are experienced in handling a wide range of tax filing needs.
Your Advisor membership includes one individual tax return per household (single, head of household, or married filing jointly). Additional services, like tax extensions, extra individual filings, tax consultations and business tax filings for LLCs, can be added at an additional cost.
How Does the Service Work?
Taxfyle is a real-time tax filing software application that connects you to a tax professional to make filing taxes easy and efficient.
What to expect:
- In November/December, we will be sending out information about how to create your tax filing account if you do not have one already.
- Once you login, you'll be able to start your 2024 tax filing. You'll answer a series of questions about yourself and your finances (don't worry, these are not complicated) so that your Tax Pro can understand how to best help you.
- Once you are done uploading all of your tax documents into the application, your Tax Pro will take over and begin working on your tax return within the Advisor Tax Portal. The standard turnaround for completion is 7-10 business days.
- 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.
- Once your Tax Pro has completed your return, you will be notified to review and sign it in the tax portal. You will be able to download the completed return for your records.
- 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.
- You can opt-in to additional services such as:
Individual Tax Filing Information
This is a great service for people who:
- Are looking for simple or complex tax filing services
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Rent or own a home, or own rental property
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Receive income from a business (K-1)
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Have different investments (stocks/crypto)
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Have diverse income source (1099) or are a freelancer, sole proprietor, independent contractor
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Need estimated tax payments calculated
For households filing more than one individual return, additional returns can be filed through our tax filing services for a cost of $400.
Tax Extensions are an additional $250 (or you can file an extension yourself for free).
Please reach out to help@advisor.com if you need to file more than one individual return for your household.
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:
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Run a C corporation or LLC
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Have multiple rental properties
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Need business activity review to ensure maximum tax benefits
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Need year-end write-up services
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Tax Consultations
If you would like to dive deeper into your tax concerns and receive comprehensive answers from a professional, an online tax consultation is a straightforward and convenient solution.
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