Tax Preparation
Comprehensive Virtual Tax Preparation Services
Welcome to Millington Wealth Group, your trusted partner for accurate and timely tax preparation services across the United States. We specialize in virtual tax preparation, ensuring you can access expert assistance from anywhere in the country.
Our mission is to simplify the tax filing process, providing you with peace of mind and confidence that your taxes are handled by professionals. Whether you’re an individual or a small business, we are dedicated to helping you navigate the complexities of tax preparation with ease and precision. By choosing Melanin Tax Solutions, you are partnering with a trusted and experienced team dedicated to optimizing your tax outcomes and providing exceptional service every step of the way.
Why Choose Us
Why Choose Us for Virtual Tax Preparation
Expert Guidance
Comprehensive Support
Secure and Confidential
Nationwide Services
Client-Centered Approach
Convenience and Efficiency
Our entirely virtual process allows you to complete your tax preparation without leaving your home. Enjoy the convenience of submitting documents online, scheduling virtual consultations, and receiving expert assistance remotely.
How It Works
Getting started with Millington Wealth Group is simple and straightforward. Follow these three steps to begin your journey towards optimized financial health.
Step 1
Document Submission
Submit your documents through our secure online portal.
New Clients:
Returning Clients:
Step 2
Tax Preparation
Our team reviews the documents submitted through the online portal and prepares your tax returns with accuracy and due diligence, ensuring every detail is accounted for and included.
Step 3
Review and Filing
Review the prepared tax returns, provide any necessary feedback, and once finalized, sign digitally, allowing our team to file your tax returns electronically, ensuring timely submission and compliance.
Practice Areas
01
Individual Tax Preparation
Tailored services to ensure compliance and maximize deductions for personal tax returns.
02
Business Tax Preparation
Comprehensive tax preparation for small businesses, startups, and entrepreneurs, ensuring compliance with federal and state requirements while addressing unique needs such as payroll, deductions, business expenses, initial setup, and growth planning.
03
Real Estate Investor Tax Preparation
Specialized services for real estate investors, including those involved in rental properties, rehabs, and fix-and-flips. We provide comprehensive support for all aspects of real estate investment, ensuring you maximize your deductions and optimize your investments.
04
Professional Service Business Owners
Specialized tax preparation for coaches, consultants, therapists and other professional service providers, ensuring compliance with federal and state requirements while maximizing deductions, managing business expenses, and supporting your growth as you scale.
Why it’s important to prepare your taxes
Tax preparation isn’t the easiest task to deal with, and can be something you want to put off. However, by preparing your taxes early, you can avoid any last-minute scrambling and make sure you’re getting the most out of your tax return.
Here are a few reasons why it’s important to enlist the help of a tax prep company like Melanin Tax early in the year:
You may be owed a refund:
If you’re due a tax refund, the sooner you file your return, the sooner you’ll get your money. There’s no need to wait until the last minute to file – by getting a head start on your tax preparation, you can ensure you get your refund as quickly as possible.
You may owe money:
On the other hand, if you find that you owe money to the IRS, it’s better to file your return and pay what you owe sooner rather than later. This way, you can avoid any late fees or penalties that may be assessed.
You’ll have more time to complete your return:
Filing early gives you more time to make sure your return is complete and accurate.
But how does tax preparation in New York work? Read on to find out.
The Tax Preparation Process: A Basic Guide
If you’re a tax payer, chances are you’re all too familiar with the process of tax preparation. Every year, residents of the state are required to file their taxes, and depending on your individual circumstances, this can be a daunting task. There are a number of different tax preparation services available, and choosing the right one can make a world of difference.
Here are a few tips to help you get started
01
Choose a tax preparer
This may seem like a no-brainer, but it’s important to choose a tax preparer who is well-versed in the specific laws and regulations of the state. There are a number of different tax preparation services available, but you can go with an experienced tax prep company like Millington Wealth Group to get your taxes in order.
03
Prepare for what needs to be on your documents
When you’re getting your taxes done in New York, there are a few key things that you’ll need to make sure are included on your tax documents.
First, you’ll need to have a W-2 form from each employer that you worked for during the year. This form will show your total wages and salary earned, as well as any taxes that were withheld from your paychecks.
Next, you’ll need to include any 1099 forms that you received for any other income sources, such as interest from a bank account or dividends from stocks. If you paid any estimated taxes during the year, you’ll need to include copies of those payments as well.
Finally, you’ll need to make sure that you have all of your receipts and documentation for any deductions or credits that you plan on claiming. This may include things like medical expenses, charitable donations, or business expenses.
Not sure what to include? A tax preparation company like Melanin Tax can help you!
02
Plan out your deadlines
It’s important to plan out your tax deadlines so you won’t incur any additional charges or debt while filing taxes. The state has a complex tax system, and if you’re not careful, you could end up owing money to the state. There are a few things you can do to avoid this:
- Understand the penalties you might incur: The sooner you’re familiar with the consequences, the more prompt you’ll be regarding your tax prep.
- Stay organized: Make sure to keep track of all of your receipts and documentation. This will make it easier to file your taxes on time and avoid any penalties.