INDIVIDUAL
Annually, it is inevitable that taxpayers must file a federal, state and local (in Ohio) tax return by April 15 of each year, or the extended due date of October 15. There are so many components of taxation at the individual level, such as wages, self-employment income and expenses, rental income and expenses, outside income like director’s fees and executor fees, farm income and expenses, investment income and foreign income and expenses. These returns can be extremely complex and time consuming to prepare. State and local issues can cloud the return if income from partnership or Sub “s” company Income is part of the individual’s tax return. All states have different forms and different rules. Most municipalities have different forms and different rules.

Frankel, Schickler & Seitz, LLP has expert tax accountants who have been in the practice of public accounting and income tax preparation for their entire career. They are licensed to represent taxpayers before the IRS in dispute resolution as well as the appeals process for audit disputes. Their reputation before the IRS is stellar. They believe in researching an issue before it is audited, rather than after the IRS calls. They believe in being firm in their position on any tax return, looking for the best outcome for the client within the rules of the IRS Code.

The accountants of Frankel, Schickler & Seitz, LLP maintain professional standards in completing 120 hours of continuing education every three years, as required by the Accountancy Board of Ohio. Concentrations in the tax area require a specific number of continuing education hours per year in order to be sure all professionals preparing tax returns are up to date on the latest rules and case law precedence before they begin each tax season.

Tax Services

BUSINESSES
Planning for income taxes is a high priority for the clients of Frankel, Schickler & Seitz, LLP, as it is with all businesses.
After all, as United States citizens and taxpayers, we all have an obligation to pay our fair share, but no more than what is owed. Our job is to plan for a fair outcome with no surprises, no penalties and no time delay. If we plan properly, our clients will maximize their after-tax income.

We take the various state and local tax obligations into consideration in our planning. We prepare proper estimated taxes to avoid penalties. We respond to questions from clients and inquiries from the taxing agencies. We defend all tax returns which we prepare.