For years, Holtz Tax & Accounting LLC has been providing quality, personalized financial guidance to local individuals and businesses. Our calculators have been provided as a resource for you to help plan your financial matters. Stay current with recent tax changes, news, and financial tips. We provide a newsletter monthly here on our site and via email so you can stay in touch with changing regulation.
Services
Since 2003, Holtz Tax & Accounting LLC has been providing quality, personalized financial guidance to local individuals and businesses. Our expertise ranges from basic tax preparation and accounting services to more in-depth services such as financial statements and tax planning. Holtz Tax & Accounting LLC is not your typical accounting firm.
Holtz Tax & Accounting LLC provides a wide range of services to individuals and businesses in a variety of industries. At Holtz Tax & Accounting LLC, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
It's possible there could be additional extensions, so check with your tax advisor for the latest information. Trusts and estates need to file an income tax return for the 2020 calendar year (Form 1041) and pay any tax, interest and penalties due, if an automatic five-and-a-half month extension was filed.
Reviews (2)
Lynn Retzlaff
Sep 09, 2020
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Gathering the rest of our tax info and will be dropping off this week. We are repeat customers and have been using Holtz for years. Wonderful owner and staff always willing to take the time to answer any questions. Would definitely recommend. Thank you Holtz Tax Service. We appreciate doing business with you.
Smith
Jun 22, 2017
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It's June 6 and my taxes still are not finished. They where taken in second week of February. It was a referral from my previous accountant that had retired. Every time I called her was never in. And the receptionist had no clue as to where he was at one my taxes. And would take day for them to respond. Now he wants to be paid before he files them. So I'm going to have to pay before they are completed. Have spoken to another client he had the same delays and also had to file an extension. My taxes are not all that complicated I'm a sole proprietor with no employee's. Like I told the guy if I ran
