T&T Tax & Accounting

At T&T Tax and Accounting, we are dedicated to providing you with the highest quality of service in tax preparation, payroll, and accounting. Our team is comprised of professionals who are passionate about helping you save your hard-earned money and ensuring that you are in compliance with all tax laws and regulations.

Our mission is to assist you in finding all the deductions and tax credits for which you qualify, while providing timely results. Once we file your return, we understand that your situation may change overnight. Rest assured, when we prepare your taxes, we not only complete that year's return, but also provide tax support through the remainder of the year.

Tax Preparation Services

Our tax preparation services cater to both corporate and individual clients. For corporate clients, we provide comprehensive tax solutions that cater to their specific needs and ensure compliance with all tax laws. For individual clients, we offer personalized tax preparation services that aim to maximize deductions and credits, while also providing education on tax planning strategies.

Payroll Services

As small business owners, we understand all of the tasks that go into running a business. We welcome the opportunity to reduce your workload. Our payroll services enable you to focus time on managing and growing your business. We offer a variety of payroll options customized to your business needs. Whether you need assistance with payroll processing, compliance, or reporting, we have the expertise and resources to handle it efficiently.

Accounting Services

At T&T Tax and Accounting, we commit to providing you with timely, accurate information for a reasonable rate. We specialize in organizing your financial information into clear snapshots and assisting you with the tax liability associated with the profit from your business. Let us help reduce your taxes by ensuring you are taxed correctly and optimizing all qualified expense deductions.

Meet the Team

Our team is comprised of dedicated professionals who are passionate about helping you with your tax, payroll, and accounting needs.

• Tari, Partner: With years of experience in the tax and accounting industry, Tari is dedicated to providing personalized service to each client. Her expertise lies in tax preparation, payroll services, and accounting solutions.

• Tonya, Partner: Tonya is a seasoned professional with a strong background in financial management and tax compliance. She is committed to ensuring that each client receives the highest quality of service.

• Emily, Payroll Recognition: Emily is our payroll specialist who has extensive knowledge in payroll processing, compliance, and reporting. She is dedicated to providing efficient and accurate payroll services to our clients.

What Our Clients Say

We take pride in the positive feedback we receive from our clients. Here's what some of them have to say:

• "Tari was kind, knowledgeable, helpful, quick. Prices were much less than we expected! We had several forms we needed filed, and expected to pay quite a bit, but it was much better than expected! It is also a Christian business, operated with transparency and integrity. In addition, for the price of preparing your return, they offer tax support all year. I can't say enough good things! We will definitely go back next year." - Stephanie Franklin

• "My wife and I had very difficult tax scenarios that were much too complicated to work out with our own. T&T was able to resort our taxes and make them very simple to understand. They also helped us save a significant amount of money on our taxes." - John Doe

Tax Tips and Resources

At T&T Tax and Accounting, we are committed to keeping you informed about the latest tax laws, regulations, and tips. Here are some recent updates and resources that may be helpful to you:

• Beneficial Ownership Information (BOI): In 2021, Congress enacted the Corporate Transparency Act. Beneficial ownership reporting is an effort to prevent money laundering and other financial crimes by requiring those with control over businesses or legal entities to provide identifying information. Starting January 1, 2024, many companies (small and large) are required to report information to FinCEN about the individuals who ultimately own or control them. If you own a business, we encourage you to read more about BOI's qualifications, requirements, and reporting deadlines. Source: USA.gov

• Student Loan Forgiveness: In 2023, the Department of Education rolled out new benefits for borrowers enrolled in the SAVE Plan to reduce the impact of loan repayment. SAVE PLAN FAST FACTS: This is an IDR (Income-Driven Repayment), basing monthly payment on income + family size. More inclusive than other IDR plans since payments are based on a smaller portion of adjusted gross income (AGI). If monthly accrued interest exceeds full monthly payment, the government covers the remaining accrued interest, preventing balance growth due to unpaid interest. Beginning February 2024, the SAVE Plan borrowers who originated loans of $12,000 or less receive forgiveness after as few as 10 years. More elements of SAVE will go into effect in July 2024. Follow the link below for a comprehensive explanation of the Save Plan Benefits or to see if you qualify. Source: Federal Student Aid Website

• 2024 401K + IRA Limits: The IRS announced 401K + IRA limits for 2024. UNDER 50: Traditional IRA - $7,000 limit (deductibility limits may apply), Roth IRA- $7000 limit (income limits may apply), Simple IRA - $16,000 limit, 401K - $23,000 limit. OVER 50: Traditional IRA - $8,000 limit (deductibility limits may apply), Roth IRA- $8000 limit (income limits may apply), Simple IRA - $19,500 limit, 401K - $30,500 limit. As always, please check with your Financial advisor for contribution and deduction limits. Source: IRS