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We believe you should not pay more taxes than you owe

Individual Tax Services

Taking the stress out of taxes

We are here to assist

If you’re like most Americans, tax season is a confusing and frustrating time. You’re trying to navigate the complex tax code while also getting all your financial paperwork in order. And if you have a complex financial situation, it can be even more overwhelming.

 

Our team of tax experts can help take the burden off your shoulders and we will answer any question you may have.

We’ll prepare your federal and state tax returns for you, so you can focus on what’s important to you. 

 

So why wait? Get started today and take the first step to a stress-free tax season!

Schedule a call

Positive Rate Tax

Why Choose Us

01

Save Time

Tax season is stressful enough – with Positive Rate Tax, you can save time and have peace of mind knowing that your taxes are being handled by experts.

We specialize in tax preparation and filing, and our team provides you with the best service possible.

02

Save Money

Positive Rate Tax offers competitive rates, so you can get your taxes done without overspending.

We offer a transparent fee structure – there are no hidden fees or surprises. You’ll know exactly what you’ll owe before we start preparing your taxes.

03

Get It Done Right

If you’re not confident in your own abilities to complete your taxes, we’re here to help.

With Positive Rate Tax, you can rest assured that your taxes will be prepared accurately and filed on time.




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Confidence in Your Tax Filing

Don’t lose sleep over a tax audit. We include Protection Plus $1 Million tax audit defense to offer you peace of mind even after successfully filing your return. If you receive a tax notice after filing your return with us, give us a call and our team of audit defense experts at Protection Plus will take care of the rest at no cost to you. From communicating with the IRS to organizing documents to present as evidence, we’ll handle the entire process until we reach a resolution.

Let Us Prepare Your Taxes For You

Thinking of filing your own taxes?

Many individuals opt to prepare their taxes on their own, but this can often lead to leaving money on the table. Here are a few things you want to be aware of if you’re considering preparing your taxes yourself:

 

The tax code is complicated. You might miss deductions or credits that you’re entitled to. It might take you longer to prepare your taxes than it would take a professional. Weighing the pros and cons of preparing your own taxes is an important decision. Be sure to consider all the factors before you decide.

 

At Positive Rate Tax, our experts understand the tax laws and can help you get the most money back from your return. Get your state taxes and federal taxes filed correctly with Positive Rate Tax.

 

When you work with us you can be confident that your taxes will be done right.

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(470) 315-1121
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We handle all aspects of individual tax preparation including:

  • Tax return preparation
  • Providing advice on potential tax savings
  • Aiding with tax-loss carryforward
  • Offsetting capital gains with tax losses
  • Examining potential deductions such as medical expenses
  • Calculating standard tax deductions and inclusions
  • Tax credit programs and more

Get It Done Right

Using Positive Rate Tax

We offer superior customer service

Our team of accountants provide you with the best service possible. They’re always available for questions or concerns and offer a personal touch that others can’t come close to.

Prepare and file your taxes for you

We’ll prepare your federal and state tax returns for you, so you can focus on what’s important to you. So why wait? Get started today and take the first step to a stress-free tax season!

Your priorities are Our priorities

Your satisfaction is is important for us, and we are available to work to meet your rigid deadlines. Schedule your consultation today.

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Common FAQs

Questions And Answers

This is the eternal question! Reductions to tax owed come in two forms generally, deductions and credits. Deductions reduce the amount of taxable income on which the tax owed is based. Once the tax is figured, credits reduce the tax owed on a dollar-for-dollar basis.

Deductions are broken down into adjustments to income (i.e. above the line) and either the standard deduction or itemized deductions (i.e. below the line). Adjustments to income are listed on Schedule 1 and include things like IRA (Individual Retirement Arrangements) and HSA (Health Savings Account) contributions. Taxpayers then have the option to take the standard deduction or itemize deductions to arrive at taxable income. All taxpayers can take the standard deduction for their filing status; however, it could be more advantageous to itemize deductions.

Credits are better! Credits reduce tax owed on a dollar-for-dollar basis. Deductions reduce taxable income. The reduction in tax is the marginal (highest) tax rate multiplied by the amount of the deduction.

As of 2017, the Tax Cuts and Jobs Act changed deductions for medical expenses. Taxpayers can now deduct only medical expenses that exceed 7.5% of AGI (adjusted gross income). However, it may still be more advantageous to elect the standard deduction.

It depends on your filing status, age, type and amount of income. The IRS has an interactive assistant that can help you determine if you have to file: https://www.irs.gov/help/ita/do-i-need-to-file-a-tax-return.

We have a tiered system of income tax. Simply put, the more you earn, the more you pay. As income increases to the next higher tier in the tax table, that amount is multiplied by a higher percentage or tax rate. A taxpayer’s marginal tax rate is the rate applied to the final dollar of income. The effective tax rate is tax paid divided by income.

Most taxpayers elect the standard deduction. If the total of (1) medical expenses, (2) state and local taxes (capped at $10,000), (3) mortgage interest, and (4) charitable contributions exceeds the standard deduction for your filing status, then it is more advantageous to itemize.

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We determine the cost of each return based on its complexity. Before beginning work on your return, you will have an estimate based on all information provided. If while working on your return, the cost increases based on new information, we will contact you to advise you of the change.

We will stay in touch throughout the process and advise you of your refund or balance due. In the latter case, you can pay through direct debit or on the IRS website. We also work with clients to offer the IRS a payment plan in the case that the amount due is more than they can pay at that moment.

Yes, we prepare returns from all states.

Electronic filing is the fastest way to get your refund. It is the industry best practice and our standard at Positive Rate.

OUR AIM IS TO BUILD LONG TERM RELATIONSHIPS

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Whether in-person or fully virtual, we will take the time to understand your unique situation and give you a best-in-class, personalized experience. We understand that taxation touches every part of your financial life and stand ready to help year-round.

Schedule a Consultation
(470) 315-1121