ABOUT US
We have extensive, complete and personalized services, according to the needs of our clients. MJA,LLC gives the guarantee of being served directly by its owners.
At our company, we understand the importance of modernized communication and exceptional customer service. Our attention to detail ensures that each client receives a unique and reliable financial service for their business objectives.
OUR SERVICES
We offer you the best advice for the preparation of Personal and/or Corporate Taxes, as well as help you understand the corporate structure of your business, offering you the appropriate solutions, complying with the established legal requirements.
This is why we offer the following services:
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Tax Review
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Personal Tax Preparation
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Corporate Tax Preparation and Partnerships
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Small Business Tax Preparation
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Advice with your Taxes
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Review and Resolution of Letters from the IRS
Ready to File?!
Our mission is to assist our clients in meeting their tax obligations while maximizing their tax benefits. We aim to be the leading tax preparation firm recognized for our expertise, exceptional service, and commitment to client satisfaction.
TAX FILING TYPES
SINGLE
If on the last day of the year, you are unmarried or legally separated from your spouse under a divorce or separate maintenance decree and you do not qualify for another filing status.
HEAD OF
HOUSEHOLD
You must meet the following requirements:
1. You are unmarried or considered unmarried on the last day of the year.
2. You paid more than half the cost of keeping up a home for the year.
3. A qualifying person lived with you in the home for more than half the year (except temporary absences, such as school). However, your dependent parent does not have to live with you.
MARRIED FILING
JOINTLY/SEPERATELY
You are married and both you and your spouse agree to file a joint return. (On a joint return, you report your combined income and deduct your combined allowable expenses.)
You must be married. This method may benefit you if you want to be responsible only for your own tax or if this method results in less tax than a joint return. If you and your spouse do not agree to file a joint return, you may have to use this filing status.
QUALIFYING WIDOWER
If your spouse died in 2014, you can use married filing jointly as your filing status for 2014 if you otherwise qualify to use that status. The year of death is the last year for which you can file jointly with your deceased spouse. You may be eligible to use qualifying widow(er) with dependent child as your filing status for two years following the year of death of your spouse. For example, if your spouse died in 2012, and you have not remarried, you may be able to use this filing status for 2013 and 2014. This filing status entitles you to use joint return tax rates and the highest standard deduction amount (if you do not itemize deductions). This status does not entitle you to file a joint return.
TYPES OF RETURNS
1040/1040EZ/1040X
An individual income tax return. Can be filed by taxpayers using any of the filing status options: single, head of household, surviving spouses, and couples who file married filing jointly or married filing separately. Contains fewer tax deduction and tax credit options than long Form 1040.
Shortest income tax return form. Can be used only by single or married filing jointly taxpayers who are younger than 65, have taxable income of less than $100,000 and who have no dependents.
Use Form 1040X to, among other things, correct previously filed tax returns, make certain tax elections after the deadline, change amounts previously adjusted by the IRS, and claim a carryback due to a loss or unused credit.
File a separate 1040X for each tax year that is amended.
Partnerships—Form 1065
All domestic business partnerships headquartered in the United States must file Form 1065 each year, including general partnerships, limited partnerships, and limited liability companies (LLCs) classified as partnerships with at least two members. If a partnership neither receives income nor incurs any expenses which would qualify it to claim deductions or tax credits, it doesn’t need to file Form 1065.
S Corporations—Form 1120S
Form 1120-S is the annual tax return for businesses that are registered as S corporations. The form is used to report income, gains, losses, credits, deductions, and other information for S corporations.
In order to become an S corporation, the corporation must submit Form 2553, Election by a Small Business Corporation signed by all the shareholders. See the Instructions for Form 2553PDF for all required information and to determine where to file the form
C Corporations—Form 1120
C-Corps are companies that have elected to file as a corporation and have more than 100 shareholders or have shareholders outside of the U.S. Form 1120 is used to determine the tax liability of the C-corporation for its annual reporting period.
Unless exempt under section 501, all domestic corporations (including corporations in bankruptcy) must file an income tax return whether or not they have taxable income. Domestic corporations must file Form 1120, unless they are required, or elect to file a special return
CONTACT US
ADDRESS
5600 Spalding Drive
#920491
Peachtree Corners, GA 30010
SEND US AN INQUIRY
To speak with a consultant, please call or email us:
Email: info@mcdonaldjacksonassociates.com
Tel: 770-376-5471