Sherman Tax & Financials

Sherman Tax & Financials, LLC is a trusted tax and financial consulting firm dedicated to helping businesses and individuals plan for their financial futures. Our team of experienced professionals specializes in taxation, accounting services, and investments. We are committed to providing our clients with the highest quality service and personalized financial plans that reflect their unique goals and circumstances.

Services We Offer

*Tax Preparation Services*

At Sherman Tax & Financials, LLC, we offer comprehensive tax preparation services for businesses and individuals. Our team of experts conducts thorough interviews with clients to gather information on deductible expenses, allowances, and taxable income. We stay up-to-date with the latest tax laws and strategize with clients to explain updates on tax legislation. Our goal is to keep our clients compliant with their tax obligations while developing tax planning strategies that align with their financial goals. We offer audit assistance and focus on a wide range of tax forms, including:

• Individual Tax: Form 1040, 1040-A & 1040-EZ
• Self-employment: Scheduled C Form 1099-NEC
• Corporation and S-Corporation: Form 1120 and 1120-S
• Partnership: Form 1065
• Gift tax: Form 709
• Trust & estates: Form 1041
• Non-for-profit: Form 990
• K-1 Estate: Form 706 (due to chapter 11)
• Amendment return: Form 1040-X
• Investment Documents

*Financial Planning*

Our team works closely with individuals, families, and businesses to help them understand their financial circumstances and reach their short-term and long-term financial goals. We gather relevant financial information during an initial interview, analyzing total annual income, debt obligations, monthly expenses, current investment holdings, savings account balances, tax liabilities, and insurance plans. Based on this information, we develop a strategy and present realistic, meaningful recommendations tailored to each client's unique financial situation and goals.

*Bookkeeping & Financial Statements*

Sherman Tax & Financials, LLC prepares quarterly and monthly tax returns, as well as payroll, operating, and business taxes. We closely monitor business revenue and expenses, balance and maintain accurate ledgers, and develop monthly financial statements, including Income Statements, Closing Entry, Balance Sheets, Cash Flow, and Profit and Loss Statements. Our team also maintains the annual budget and conducts a monthly reconciliation of every bank account.

Our Mission

At Sherman Tax & Financials, LLC, we are dedicated to working with companies and individuals to plan for their financial futures. Our team provides information and guidance on topics including Taxation, Accounting Services, and Investments. We meet personally with clients to review their financial situation and proceed to prepare their income tax return. Once completed, we present them with a financial plan that includes both short- and long-term financial goals. Our primary goal is to help clients make informed financial decisions related to taxes, retirement, education, day-to-day expenses, and investments.