Professional Tax Services.

With more than two decades of experience and knowledge Ask Ms. Tax is equipped to handle all of your tax and accounting needs. Our services include tax preparation and planning for both personal and business tax returns, as well as accounting and bookkeeping services to help keep your financial records organized and up-to-date. We also offer financial planning and consulting services to help you make informed decisions about your financial future.
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Crypto Currency

The IRS classifies cryptocurrency as property, and cryptocurrency transactions are taxable by law just like transactions related to any other property. Taxes are due when you sell, trade, or dispose of cryptocurrency in any way and recognize a gain.

Personal Professional Tax Preparation

The individual income tax (or personal income tax) is a tax levied on the wages, salaries, dividends, interest, and other income a person earns throughout the year.

Business Consulting & Tax Preparation

As a business owner, it’s important to understand your federal, state, and local tax requirements. This will help you file your taxes accurately and make payments on time. The business structure you choose when starting a business will determine what taxes you’ll pay and how you pay them.

Ask Ms. Tax

Get Answers to your latest and most complex tax questions

Where’s my refund?

It’s that time of year again: Tax filing season! Preparers are anxious and hard at work. Many Americans are gathering information to give their preparer. But after all the paper is shuffled and the buttons are pressed, the first question I receive from my clients is:...
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I Won $1.5B…Now What?

There’s been a lot of hype and excitement over the growing Powerball jackpot, currently at 1.5 billion with a cash payout $930 million. From Facebook to Instagram to Twitter, the internet has been flooded with everyone’s dream vision of what they plan to do if they are the big winner.

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Are there tax breaks for investors?

When people ask me, “Why do I have to spend money to save money on my taxes?” I immediately respond, “Who told you that?!?” The concept that tax perks only come from spending money or having some kind of expense is the biggest tax myth ever! This simply isn’t true.

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Taxes

State and Federal Taxes Compliance.

Tax compliance can be confusing, knowing what to do when you start a new business, a new job, have a baby, buy the newest NFT or Crypto coin or buy a new house can have a serious impact on making sure you’re a good position come tax time, it is important to have a strong Tax advisor on your side, we are the advisor you need and have been looking for.
schedule a call

Crypto Currency

The IRS has been taking steps to ensure that crypto investors pay their taxes. Tax filers must answer a question on Form 1040 asking if they had any type of transaction related to a digital asset during the year. Crypto exchanges are required to file a 1099-K for clients who have more than 200 transactions and more than $20,000 in trading during the year.

Personal

The United States levies tax on its citizens and residents on their worldwide income. Non-resident aliens are taxed on their US-source income and income effectively connected with a US trade or business (with certain exceptions), For individuals, the top income tax rate for 2022 is 37%, except for long-term capital gains and qualified dividends.

Professional

As a business owner, it’s important to understand your federal, state, and local tax requirements. This will help you file your taxes accurately and make payments on time. The business structure you choose when starting a business will determine what taxes you’ll pay and how you pay them, and even as a small business If your business has employees, you might be required to withhold state and federal taxes from their paychecks. Federal employment taxes include income, Social Security and Medicare, unemployment, and self-employment taxes.

The two most common types of state and local tax requirements for small business are income taxes and employment taxes.

Your state income tax obligations are determined by your business structure. For example, corporations are taxed separately from the owners, while sole proprietors report their personal and business income taxes using the same form

About Us

About Ask Ms. Tax

The average person has no idea how much money they’re throwing away every year, month, week, day, hour, minute or even second.

Because of poor tax planning, the average American worker wastes money on:

  • 401k loans
  • Retirement withdrawals
  • Home ownership expenses
  • Charitable donations
  • Business expenses
  • Miscellaneous job expenses

But it’s not your fault. You’re not a bad person. You don’t know. And you don’t know what you don’t know. Taxes are complicated, overwhelming and sometimes stupid. But that is why you have us, AMT Tax Advisory Services. We demystify tax law. We make it less overwhelming and we deal with the stupid so you don’t have to.

AMT Tax Advisory Services wants to help. With AMT you will:

  • Learn how to make informed tax decisions
  • Have an expert-developed tax road map to fit your needs
  • Reach the ultimate goal: pay the least amount of tax at the end of the year

So if you’re tired of unknowingly flushing money down the toilet or struggling with untangling the confusing mess of tax law… Ask Ms. Tax!

Taxes and Technology

 

Pulling together and providing tax information for your preparer can sometimes be a challenge, below are some tools you can use to make your tax preparation easier for you and your preparer. 

Dropbox is a cloud-based file storage and collaboration platform. It allows users to store and access files from anywhere, share files and folders with others.

 

Box is a cloud-based content management and file sharing platform. It allows users to store, access, and share their files, documents, and multimedia content from anywhere with an internet connection.

Google Drive is a cloud-based file storage and collaboration platform provided by Google. It allows users to store, access and share files and folders from anywhere.

Evernote is a cross-platform productivity app that helps organize work & personal life with features for note-taking, task management, file storage, and file  sharing accessible on any device.

Microsoft OneDrive is a cloud storage service that allows users to store and access their files, photos, and documents from any device with internet access.

A mobile scanner app allows you to digitize documents using your smartphone camera. Simply take a photo of a document and the app converts it into a PDF or JPG file for easy sharing and storage. Convenient and accessible scanning on-the-go.

A mobile scanner app allows you to digitize documents using your smartphone camera. Simply take a photo of a document and the app converts it into a PDF or JPG file for easy sharing and storage. Convenient and accessible scanning on-the-go.

Wetransfer is a file transfer platform allowing users to send and receive large files up to 2GB for free, with paid options for increased storage and transfer limits. Easy and secure.

Get in touch

Have a question? Want to get more information on the services we provide? Contact us today.