Federal and State Income Taxes

We will identify and prepare all federal tax forms you'll need to file. Here is just a sample:

• 1040 - Income Tax Return
• Schedule C - Profit or Loss From Business.  If you're self-employed in the arts, the IRS calls it a business. Our specialized expertise will identify the income and expenses you should claim
• Form 8995 - Qualified Business Income Deduction
• State tax returns for all states that require them 
• City and local tax returns for: Philadelphia (including Business Income and Receipts Tax and Net Profits Tax)
• Local tax returns for many other cities, townships and boroughs

Healthcare Taxes

Under the government's health care law (Affordable Care Act, also known as Obamacare), you are required to submit tax forms relating to your Marketplace health insurance coverage. ​Marketplace coverage is is for people who do not have health insurance through a job or from Medicare or Medicaid. You can get Marketplace coverage from healthcare.gov or state programs such as Covered California, Get Covered NJ, NY State of Health or Pennie (PA).

For most people, Marketplace coverage rates are affordable because you get tax credits to help pay for it. IRS health care form 1095-A will report the tax credits you received. Then, as part of your tax return, we prepare the IRS Premium Tax Credit form 8962, which reconciles that information with your income and expenses. 
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