Income Tax Services

Freedom and Accounting Services (FABS) can offer a full range of professional income tax services for individuals, businesses, and nonprofit organizations.

Individual Tax Services

  • Individual Income Tax Returns (Form 1040)
  • Self-Employed Tax Returns
  • Investment Income Reporting
  • Retirement Income Reporting
  • Tax Planning and Consultation
  • Prior Year Tax Return Preparation
  • Amended Tax Returns (Form 1040-X)
  • Tax Refund Review
  • IRS Letter and Notice Assistance
  • Tax Resolution Support

Business Tax Services

Sole Proprietorships

  • Schedule C Tax Preparation
  • Self-Employment Tax Calculations
  • Estimated Tax Planning

Partnerships

  • Partnership Tax Returns (Form 1065)
  • Partner K-1 Preparation
  • Partnership Tax Planning

Corporations

  • C Corporation Tax Returns (Form 1120)
  • S Corporation Tax Returns (Form 1120-S)
  • Shareholder K-1 Preparation
  • Corporate Tax Planning

Limited Liability Companies (LLCs)

  • C Corporation Tax Returns (Form 1120)
  • S Corporation Tax Returns (Form 1120-S)
  • Shareholder K-1 Preparation
  • Corporate Tax Planning

Tax Resolution Services

  • IRS Notice Response Assistance
  • State Tax Notice Assistance
  • Installment Agreement Assistance
  • Penalty Abatement Requests
  • Tax Transcript Reviews
  • Back Tax Return Preparation
  • Tax Account Reconciliation
  • Compliance Restoration

Small Business Tax Services

  • Quarterly Tax Reviews
  • Tax Compliance Monitoring
  • Business Deduction Analysis
  • Mileage and Expense Tracking Guidance
  • Tax Recordkeeping Assistance
  • Sales Tax Guidance
  • Payroll Tax Compliance Support
  • 1099 Reporting Assistance

Nonprofit Tax Services

  • Nonprofit Tax Consultation
  • Annual Information Return Preparation
  • Form 990 Preparation
  • Form 990-EZ Preparation
  • Tax-Exempt Compliance Reviews
  • Charitable Organization Reporting

Specialized Tax Services

  • Multi-State Tax Returns
  • Rental Property Tax Returns
  • Trucking Industry Tax Returns
  • Independent Contractor Tax Returns
  • Gig Worker Tax Returns
  • Minister and Clergy Tax Returns
  • Trust and Estate Tax Returns

Tax Compliance Services

  • Multi-State Tax Returns
  • Rental Property Tax Returns
  • Trucking Industry Tax Returns
  • Independent Contractor Tax Returns
  • Gig Worker Tax Returns
  • Minister and Clergy Tax Returns
  • Trust and Estate Tax Returns

FABS Tax Service Motto

"Preparing Today. Protecting Tomorrow. Building Financial Freedom Through Tax Excellence."

URGENT! PLEASE READ!

IMPORTANT COVID-19 INFORMATION!

Due to our concerns for the health of both our staff and our clients, it is with extreme regret that we must announce that all tax return preparation this year will be completed virtually. We really look forward every year to visiting with our clients and hate it that COVID-19 has made this decision necessary. We’re really going to miss seeing you in person this year. We look forward to things getting back to normal next year.

We actually started doing virtual tax preparation for everyone back in March, 2020, however we have been doing this for “out of area” clients for some time. Over the years, we have found ways to simplify and streamline this process. We offer several options:

1. For getting your tax documents to us, choose any one of the following:

  • Fax documents to 228-220-4304. Make sure your phone number is on the package as well as an email address if you use email.
  • Send us your documents by U. S. Mail. Make sure your phone number is inside the package as well as an email address if you use email.
  • Upload your documents through our secure portal. If this is new to you, we’ll be happy to provide you with complete instructions for using our secure portal.
  • We will send your documents through DocuSign a secure sight for your signature.

 

2. During the preparation of your return:

  •  After we receive your documents, we will do as much work on your tax return as possible. Then we will call you or exchange emails with you to ask any further questions we have, answer any questions that you may have, discuss any issues, and then go over the results of your tax returns.
  • For those of you who are technically savvy and wish to see us face to face through video chat, we welcome that option as well. If you are interested in that, give us a call and we’ll discuss with you what options are available.

 

3. For returning your tax returns back to you after they are completed, choose one of the following:

  • We can send your tax returns to you by U. S. Mail. You will sign the signature documents and return them by U. S. Mail. There will be a small $5.00 mailing fee for doing this. This is actually a reduction in fee from last year.
  • We will hold your original documents until on file until you tells us how you would like for us to send them to you..
  • We can upload your documents to our secure portal. You will then download the documents, sign the signature documents and then upload the signed documents back to the secure portal.

 

4. Please be assured that we will always be available to receive your phone calls and emails for questions or discussions