Itsy Bitsy Tax LLC

Contact Time Mon-Sat 9am-6pm( US Eastern Time)

Phone Number +18884614011

Contact Email contact@itsybitsytax.com

Tax Preparation Services

US Individual and Business Returns:

We provide Individual and business tax preparation and planning. Our services include e-filing of US Federal and State tax returns for faster submissions. We are admitted to practice before the IRS and understand the latest tax statutes.

Included in our Federal Package:

All standard forms: Forms 1040 (US Resident), 1040 NR (US Non-Resident), 1116 (Foreign tax credit), 2555 (Foreign earned income)
All standard schedules: Schedules A, Schedule B, Schedule C, Schedule D, and Schedule E, Schedule K-1s, bank transactions and brokerage transactions.

ItsyBitsyTax offers:

Expertise. Our IRS Enrolled Agent works directly on your Federal and State tax returns. Our team specializes in US & expat tax preparation for NRI’s and US Citizens abroad.
Security. Our client’s data is highly secured — we use the highest encryption security technology for our client’s data.
Seamless Tax Prep. We make it easy to work with us. We share documents online, communicate via email/Zoom/Phone/Webex
Support. Year-round Tax assistance, advice and services are available.
Sincerity. Our customers love working with us because we’re easy to work with and explain taxes to you in everyday language.

A small business tax return is needed for any business that is considered a separate entity (such as a Partnership, Corporation, S Corporation or Limited Liability Company (LLC).

Our Business Tax Return Package includes All relevant forms, including (but not limited to): Forms 1065, 1120 and 1120-S.

Foreign Account Compliance Tax

Expertise in helping US expats using the Streamlined Filing Procedures to the IRS to be complaint. Foreign Account Tax Compliance Act Reporting for US Expats FATCA (Foreign Account Tax Compliance Act) Forms must be completed by US expats residing outside the US if specified foreign assets exceed the following thresholds:

Single filing:

$200,000 on the last day of the year
Or $300,000 at any point during the year

Married filing jointly:

$400,000 on the last day of the year
Or $600,000 at any point during the year

Specified foreign assets include:

Any financial account maintained by a foreign financial institution
Other foreign financial assets held for investment that are not in an account maintained by a US or foreign financial

institution, namely:

Stock or securities issued by someone other than a US person
Any interest in a foreign entity
Any financial instrument or contract that has as an issuer or counterparty that is other than a US person

Specified foreign assets would include your foreign bank accounts, but not assets such as your home.

Financial Tax Advising

Financial Tax planning is critical for any individual or business success. Our team of Enrolled Agents can help you reduce your yearly monthly and yearly tax bills. We can help individuals and small businesses to take advantage of strategies that would result in a lowering the tax bills. Individuals and business owners should get the expert advice from our professionals. We efficiently prepare your tax return for filing your taxes correctly and on time. Financial Planning Services is an excellent way to control on your taxes.

Free Estimation

Request A Quote

For more information or service assistance, contact us today. Find out how we can help you with your Federal and State taxes.