Balcom Consulting Services

Tax Services

Personal Taxes

Curious about what we charge for tax preparation?

We’re competitive with the national tax firms, lower than most CPA firms and are a true value. Your cost is based on the complexity of your income tax return, without regard to the amount of your tax refund or time taken to prepare your return.

Benefits of Coming to Balcom Tax:

  • Expertly prepared federal and state income tax returns – we’ll ensure you pay the least amount legally possible
  • Free e-filing
  • Free year-round tax advice and planning
  • Confidence in knowing that our service is affordable.
  • New clients are welcome
  • Returning clients receive discounts

Additional Tax Preparation Services Available:

  • Checking and e-filing of self-prepared returns
  • Back Taxes
  • Extensions
  • Amendments
  • Online Tax Preparation (for self-prepared tax returns)
  • IRS/State Audit Assistance

We are the affordable, professional alternative for tax preparation, serving Brooklyn and beyond since 2002. Let us handle your tax and financial matters so you can relax and spend your time doing whatever it is you do best!

Business Taxes

Business Tax Preparation Services

No business tax returns are too complex for our tax experts. Your business tax returns will be prepared accurately and in a timely manner. In addition, we will provide you with tax planning to minimize your taxes in the future.

We have many years of experience preparing business tax returns for:

  • Corporations
  • Partnerships
  • LLCs
  • Sole Proprietorships
  • Estates 

Wondering if Your CPA or Tax Professional Prepared Your Taxes Accurately and at a Fair Price?
Let us check them for you at no charge and we’ll also tell you what we would have charged. And, if we find anything that needs adjusting we will gladly amend your business tax return(s) for you at a fair price.

Are Back Taxes an Issue for You?
If you have not filed prior years’ tax returns, we can help get your taxes up-to-date. We can also help arrange a tax payment schedule with the IRS, if needed.

Have a question or want to schedule your free consultation to learn how our tax preparation services can help your business? Please call us at (718) 826-0200.

Tax Planning

Take the time to plan ahead and there’s a very good chance you can reduce your tax liability!  As a Balcom Tax client, we’ll gladly meet with you during the year, free of charge. During this meeting, we’ll help you find proactive tax saving strategies and solutions that enable you to maximize your after-tax income, and help you pay the least amount of legitimate tax owed.

At Balcom, we’re always up-to-date with current tax law, and have a pulse on any and all tax regulations coming down the pipe. Don’t put off a meeting with us…it could mean the difference between a tax refund and owing the IRS this coming year!

The importance of proactive tax planning is often overlooked by individual taxpayers.  This is particularly true of middle class taxpayers who often think that tax planning is only important for “rich” people and thus not something they need to be concerned about.  Nothing could be further from the truth.  The income tax laws both federal and state greatly impact the everyday life of each of us.  Almost everyone experiences at least one life change each year that will impact his or her personal tax situation.  From getting your first job to getting married, taxpayers need to consider these changes when they occur (or before) rather than after-the-fact at their annual tax appointment.

One of the benefits of being a Balcom Tax client is that we are available year-round to answer your tax questions at no additional charge.   We encourage our clients to take advantage of this service in order to plan for the tax implications of events that occur between their annual tax appointments.  Our professionals are available to meet with you in person or by telephone. You should consult with us if you experience any of the following:

  • Birth of a child
  • Purchase or sale of your home
  • Purchase of sale of a second home
  • Divorce
  • Moving
  • Significant change in income, either up or down
  • College and other educational expenses
  • Retirement and retirement distributions
  • Job change
  • Self-employment
  • Major illness
  • Loss of health insurance
  • Purchase or sale of a business or rental property
  • Death of a family member

Each of these situations can impact your personal tax situation.  Planning can help you prepare for the inevitable tax consequences of events.  By applying traditional tax planning strategies such as income deferral and/or deduction acceleration Balcom Tax can help you pay the correct amount of tax and maximize your after-tax income.

Tax Problems

Need help dealing with the IRS, or have a state tax issue?

We can help resolve your tax problems. Having handled all types of tax issues, we work with the IRS and the state agencies to help our clients get back on track. It’s not a good idea to try to handle these issues on your own. And you don’t want to ignore the issues, as tax problems don’t go away on their own…they tend to get worse and can cause expensive penalties and interest  fees to build.

You need expert assistance to ensure you are making wise decisions and understand the entire situation at hand. We work hard to keep costs down and understand that this is a delicate issue for you. Don’t let those scary notices pile up and stress you out. Talk to us now and let us help you get things under control.

Learn more about how we can help you by calling us at (718) 826-0200

Here is a list of typical tax issues we deal with:

  • Amended Tax Return Preparation
  • Back Tax Return Preparation
  • Bankruptcy
  • Guaranteed Installment Agreement
  • Offer-In-Compromise
  • Income Tax Installment Agreement
  • Innocent Spouse Relief
  • IRS Audit Representation
  • IRS Levy & Seizure Prevention
  • IRS Lien Release
  • IRS Penalty Abatement
  • Payroll Tax Settlement
  • Sales Tax Liability Assistance
  • Wage Garnishment

Call us at (718) 826-0200