Trust return
Taxes on Different Types of Trusts
We're here to walk you through the tax process and to give you peace of mind as you manage the trust.
Trusts report their income and expense on Form 1041- Income Tax Return for Estates and Trusts. In some cases, the trust pays any tax that is due. In other cases the beneficiaries pay the tax. We can help you understand your specific tax situation and prepare these returns.
Report K1
report k1 on 1040
Are you a partner in a partnership or received a K-1 from self-employment income from Uber, Etsy, Amazon etc. IT will be reported on your individual returns and you may be eligible to deduct your expenses on your returns.
We can help you understand your specific tax situation and prepare these returns
Crypto Transactions
crypto transaction tax
How much is cryptocurrency taxed? If you have invested in cryptocurrency, we help you understand how the IRS tax crypto transaction. Our certified tax experts track your digital currency cost basis and generate the reports necessary to file. Protect your crypto assets and secure your earnings for the future with our cryptocurrency transaction tax help!
Rental Income
Tax On Rental Income
If you own an investment or rental property, we help you file your rental property returns and depreciation and get your biggest possible refund. Save your time and stress when filing your tax on rental income with our help. We specialize in preparing rental property income tax returns and provide
Foreign Accounts
foreign accounts tax return
If you are worried about the question – "Do I have to report my foreign bank accounts?" or “Do I have to report any foreign income?” If yes, we are here to help you! We support American expats report their foreign bank accounts and report any foreign income, on time, and hassle-free, addressing their unique needs.
Solitaire Taxes have verified tax experts who can address all your concerns
IRS Representation
We’re on your side
Dealing with tax controversies is never easy. When you’re dealing with unfiled returns, liens, penalties or wage garnishments, you need a trusted, knowledgeable team. The Solitaire Tax Group will work to negotiate and settle any claims to eliminate risks while working to protect your assets. Let’s work together to achieve the best possible outcome
Inherited IRA
inherited ira taxable
An Inherited IRA may be taxable based on the type. If you want help navigating how your taxes are impacted with inherited retirement accounts, connect with our expert tax help. We also help you know the Inherited IRA Rules- Non-Spouse and Spouse beneficiaries so that you can file the returns accordingly.
Gift Tax Return
Filing a Gift Tax Return
Allow our certified tax experts to help you in filing a gift tax return! The gift tax kicks in after lifetime gifts exceed $12.06 million in 2022. This tax is owed by the giver of the gift, not the recipient. Let our tax experts do the gift taxes return filing for you. We have been helping taxpayers file their gift tax returns for many years. Call us today for no-strings, affordable, reliable, and fast gift tax return help!
Crummey Rights
crummey rights of withdrawal
A Crummey power is a provision contained in certain irrevocable trusts that permits specified trust beneficiaries to withdraw gifts you make to the trust for a limited period of time. The provision allows gifts to the trust to qualify for the federal gift tax exclusion. Ask our experts more about Crummey’s rights!
Change the Way You Think About Your Tax Management
Solitaire taxes offers a broad range of comprehensive, integrated tax services that includes filing a Trusts or Estate returns, reporting crypto transactions, preparing individual tax returns, filing FBAR for foreign accounts etc.
Solitaire taxes deliver a holistic and integrated approach to complex tax issues. We help our clients align their tax strategies through various compliance and advisory services.
Who are we?
We are a team of experts with extensive experience in providing our clients with professional support in tax compliance.
From tax preparation and planning to estate, trust and financial planning, domestic or international, the Solitaire Tax team has the knowledge and tools to get you moving on the path to success. So, whether you are pondering the question – How do report my foreign income? or have I inherited, money pr property or have cryptocurrency transactions, we are here to support and provide expert guidance.
Get the smart way to manage your taxes with us!
Solitaire taxes provide professional tax services and help our clients gather the information needed to prepare their taxes and manage their various tax situations.
We handle all your tax preparation needs and are available to address your concerns and issues promptly and expertly. By finding credits and deductions you qualify for, we help you save money while simultaneously helping you comply with federal and state tax regulations.
Help us fix your tax issues
Are you dealing with IRS notices, penalties, or unpaid taxes? We know these are never easy! The Solitaire Tax Group is a trusted and knowledgeable team that will work to negotiate and settle any claims to eliminate risks.
Expat tax solutions keep your tension at bay!
Do I report my foreign income, or do I qualify for FBAR?
Let us help you in answering these questions. Our Expat advisors are well versed with all the complications that arise with reporting foreign income and if you have a FBAR or foreign bank account reporting requirement.
We help expats to apply the tax treaties to avoid any double taxation on the foreign income.