DLHC prepares income tax returns ranging from a basic individual income tax return to the most complicated multi-state corporate returns. We prepare tax returns for all types of entities including corporations, Subchapter S corporations, partnerships and limited liability companies (LLC). We never outsource our tax compliance work unlike some firms who employ foreign labor to prepare returns. Our trained and experienced tax professionals use state of the art tax preparation software and tools. Our quality control standards require all work to be performed by a second reviewer, in most cases a partner.
DLHC has in depth expertise in the preparation of estate and gift tax returns. This is very important considering the changes being made in this practice area.
One of specialty areas is the preparation of Federal form 990 informational tax returns for nonprofits. The IRS has recently revamped the content of the 990 and expects management and the Board of Directors to take a greater level of responsibility for the accuracy and completeness of the returns. We also help nonprofits prepare the initial application with the IRS to gain the nonprofit status (IRS Form 1023). We also prepare Federal form 990T in cases where the nonprofit is involved in non related business activities.
DLHC prepares Federal form 5500 for employee benefit programs and can assist clients with administrative matters.
One of the most valued tax service offered by DLHC is to represent the taxpayer when returns are audited by the IRS or other regulators. We have worked with many IRS agents both locally and on a national basis. We frequently recommend that audits be performed in our offices to avoid interruptions of business operations.