Tax planning implies reducing the tax liability by invoking beneficial tax laws. Tax planning encompasses many different aspects, such as logical analysis of a financial situation, planning from a tax perspective, to reduce tax liability through the finest use of all accessible allowances, exclusions, deductions, exemptions, etc. We strictly follow the tax compliance and proactively recommend tax saving strategies to maximize the client benefits. We make it a priority to enhance and regularly update our mastery of the current tax law and regulations.
We are authorized to e-file tax return across all states of USA. Filing your returns electronically would help you get.
Note: If you are not eligible for e-filing, we would send across the soft copy duly signed by authorized signatory to your email id which you need to print, sign at the appropriate place and send the signed documents to IRS and state department.
HNI represents the tax payer to IRS if the tax payer received any audit or query. An audit requires you to gather mounds of records to substantiate each and every item reported on your tax return and develop a comprehensive understanding of tax law. Taxpayers deciding to represent themselves before IRS may not be able to handle the task which requires deep and critical analysis of requirements. Nothing strikes fear in the hearts of people more than receiving an IRS Audit letter in the mail. Audits take significant time away from your business and family, requiring you to gather mounds of records substantiating each and every item reported on your tax return and develop a comprehensive understanding of tax law.
Representation task can be successfully accomplished only when the requirements in the audit notice are completely fulfilled. Here, at HNI we help the tax payer arranging the complete documentation and representation so that the case can be properly represented before the IRS.
We handle it all for you so that you need not take time off from your work. Just simply forward the audit notification to us or reach us at: Sohail Number. We will handle it from that point. “HNI” the name you can trust.
Amendment to the return is required if there are any changes / corrections are needed after the return has been filed. HNI helps in filing the amended tax return according to the need of the tax payer using 1040X form.
We will help you to file an Amendment in any of the following situation:
We assist in applying ITIN for such people thereby helping them avail higher benefits. If an individual doesn't qualify for SSN, IRS issues ITIN to such persons on having federal tax reporting or filing requirements. Examples of individuals who need ITIN include: A nonresident alien required to file a U.S. tax return. A U.S. resident alien (based on days present in the United States) filing a U.S. tax return.
To claim spouse and children, who cannot have an SSN, as dependant on your Tax return, tax payer needs to apply for ITIN (Individual Tax Identification Number) by filing form W-7. With an ITIN they can be claimed as dependants on tax return for dependant exemptions and Tax credits (for children).
HNI TAX FILER helps determine the correct tax withholding from an employee’s wages. W-4 form is filled and submitted by an employee to indicate his or her tax situation (exemptions, status, etc.) to the employer. The W-4 form would let the employer deduct correct amount of tax at the time of running payroll. The amount withheld for a particular year depends on the details you furnish while filing form W4. You may want to review your withholding at the end of the year if you need to make additional tax payments or have too much of taxes withheld. A proper planning can help in correct amount of taxes to be withheld thereby avoiding lower or higher taxes to be withheld.