We guide you year-round as your financial situation evolves.
Individual Tax
Professional Personal Tax Services by Ivy Tax & Business Inc. | Serving New York & Nationwide
At Ivy Tax & Business Inc., we help individuals file accurately, reduce tax burden, and gain year-round peace of mind. Whether you have W-2 income, investments, real estate, or complex K-1s, we ensure your return is correct, compliant, and optimized.
Who We Serve
We support individuals with a wide range of tax needs, including:
- Employees with W-2 and investment income
- Self-employed / 1099 contractors
- Real estate investors (rental, STR, flips, partnerships)
- High-income earners with complex tax situations
- Individuals receiving K-1s from private equity, hedge funds, syndications
- Multi-state filers
- Families needing year-round guidance
We do not prepare Form 1040-NR or dual-status returns.
What We File
We prepare and review all major individual tax components, including:
- Form 1040
- Schedule A, B, C, D, E
- Investment income & capital gains
- Rental property returns
- Complex K-1 reporting (private equity, hedge funds, real estate funds)
- Multi-state returns
- Estimated tax calculations
- Year-round tax planning
How Our Individual Tax Service Works
1. Initial Discovery
We meet with you to understand:
- Income sources (W-2, 1099, investments, rental properties, K-1s)
- Life changes: marriage, new home, dependents, job changes
- Financial goals
- Your past tax history and current concerns
2. Tax Position Review & Strategy
We evaluate:
- Deductions and credits available
- SALT implications
- Investment & capital gain planning
- K-1 impact and timing
- Real estate depreciation opportunities
- Multi-state filing requirements
Our goal is to minimize your tax liability while ensuring full compliance.
3. Filing & Implementation
We prepare and file your federal and state returns accurately and on time:
- Organize documents
- Verify tax forms
- Resolve discrepancies
- Ensure optimized reporting for investments, rentals, and K-1s
- Provide audit-ready documentation
4. Ongoing Monitoring & Optimization
We support you beyond tax season:
- Quarterly estimated tax planning
- Real estate transaction guidance
- Planning for major financial decisions
- Changes in tax laws
Our goal is long-term tax efficiency—not just annual filing.
Why Choose Ivy Tax & Business Inc. - Your Tax Accountant
Personalized & Strategic
We tailor strategies to your income, life circumstances, and long-term goals.
Experienced With Complex Returns
We routinely serve clients with:
- Real estate portfolios
- Multiple investments
- Complicated K-1s
- High-income W-2 + investment income
- Multi-state filings
Clear Communication
We explain taxes in plain English—no jargon, no confusion.
Audit-Aware Preparation
Each return is prepared with risk awareness and documentation support.
Long-Term Partnership
Our Pricing
Ivy Tax & Business Inc. offers a 3-tier pricing model, starting at:
Individual Tax Services
Starting at
$
500
Fees depend on:
-
Number of income sources
-
Investment volume
-
K-1 complexity
-
Real estate activity
-
Multi-state filings
-
Additional planning needs
Get a Quote
Transparent pricing is provided before any work begins.
Frequently Asked Questions About Personal Tax Services
Personal Tax Services FAQ (Q1–Q12)
What are personal tax services?
Personal tax services include preparing and filing individual federal, state, and local tax returns, reviewing income sources, and ensuring compliance with current tax laws. Professional tax support helps reduce errors and improve accuracy.
Who should use personal tax services?
Anyone with income—including employees, self-employed individuals, freelancers, investors, retirees, or individuals with multiple income sources—can benefit from professional personal tax services to avoid mistakes and ensure proper filings.
Do you provide personal tax services for New York residents?
Yes. Ivy Tax and Business Inc. provides personal tax services for clients throughout New York and Long Island, including federal, state, and applicable local tax filings.
Do you serve clients outside New York?
Yes. We serve clients nationwide through secure remote processes, including electronic document submission and virtual consultations.
What documents are needed for personal tax preparation?
Common documents include W-2s, 1099s, prior-year tax returns, investment statements, and records of deductions or credits. Additional documents may be requested based on your situation.
Are diagnostics or tax reviews free?
No. Tax diagnostics, reviews, and consultations are not free. These services involve professional analysis and are billed accordingly.
Can you help with past-due or unfiled personal tax returns?
Yes. Personal tax services include preparing and filing prior-year returns and assisting clients in becoming compliant with IRS and state requirements.
Do personal tax services include tax planning?
It depends on the service package selected. Some packages focus on tax preparation only, while others include proactive tax planning and strategy discussions.
How does a Tax Accountant help reduce tax errors?
A Tax Accountant ensures accurate reporting, proper application of tax laws, and correct use of deductions and credits, reducing the risk of audits, penalties, and processing delays.
Can you assist with IRS letters or tax notices?
Yes. Personal tax services include reviewing IRS or state notices, explaining their meaning, and advising on appropriate next steps.
How long does personal tax preparation take?
The timeline depends on complexity and how quickly documents are provided. Simple returns may be completed sooner, while more complex cases require additional review.
Is personal tax information kept confidential?
Yes. All personal and financial information is handled with strict confidentiality using secure systems and professional safeguards.
Additional Personal Tax Questions (AnswerThePublic – Q13–Q19)
What do personal tax services include for freelancers?
For freelancers, personal tax services include reporting 1099 income, applying eligible deductions, and addressing estimated tax obligations to ensure accurate compliance.
What is the difference between personal tax services for W-2 and 1099 income?
W-2 income is generally straightforward, while 1099 income requires additional reporting, expense tracking, and estimated tax considerations. Professional tax services help manage these differences correctly.
What are the top-rated online personal tax filing services?
Online tax software may be suitable for simple returns but typically offers limited guidance. Individuals with complex income or self-employment often benefit from professional personal tax services.
How do I choose a reliable personal tax service company?
Look for licensed professionals, experience with your income type, transparent pricing, and clear communication. Reliability and accuracy are more important than low advertised fees.
How do I switch personal tax service providers easily?
Switching providers usually involves sharing prior-year returns and current-year documents. A professional tax firm can guide you through a smooth transition.
Who offers affordable personal tax preparation services?
Affordable personal tax preparation services are offered by professional firms that price based on return complexity rather than flat promotional rates. Accurate filings often provide better long-term value.
Where can I find personal tax experts for self-employed individuals?
Personal tax experts for self-employed individuals are typically found at CPA firms and professional tax practices experienced in handling business and 1099 income.
Disclaimer
This website provides general information only and does not constitute tax, legal, or financial advice. Please consult a qualified professional for personalized guidance.
Ready to File With Confidence?
Reduce stress. Stay compliant. Keep more of what you earn.
Schedule your consultation today. Individual tax services start at $500.
Serving clients nationwide from our office in Syosset, NY (Long Island).