Tax Accountant

An accountant is a person who accounts for profit and loss for a business.  The accountant will adjust the various accounts to their correct balance. The bookkeeper will balance the checkbook, code and post checks and other cash transactions to the general ledger, balance sheet and income statement. For example, the notes receivable will be adjusted to the correct balance as of the date of the balance sheet. The same for A/R and A/P, etc. An accountant is usually a tax accountant as well. Accountants are trained to account for the correct provision of taxes and accrue any income tax liability. Sometimes people refer to a tax preparer as a tax accountant.

Tax Preparers & Tax Accountants

Tax preparers are often not accountants, they just prepare tax returns. Although tax returns, those with a small business filing a schedule C , or a corporation, LLC, partnership return, will have an income statement and balance sheet on it, this is merely a tabulation of the totals of each account. Preparers often use financial statements prepared by accountants to prepare the tax returns.

I can help you with many tax or accounting situations, as experienced tax accountants. A tax accountant has both the knowledge of accounting and of tax preparation, although many people may not consider this when searching for tax accountant.

Personal Tax Accountants

People search for personal tax accountants to find accounts that deal with personal tax issues. Personal tax issues center around things like your personal 1040 tax return, gifts, maybe estate taxes, etc. We are personal tax accountants.

Business Tax Accountants

Business tax accountants are accountants that focus on things like business tax planning, payroll taxes, income taxes for corporations, partnerships, sole proprietors, DBA'S, trusts, etc. The accounting for business transactions are more complicated than for personal.

• If you are considering hiring us, call Joe Mastriano, CPA 713-774-4467.
• Think your IRS matter is handled? Think again!
• For your analysis, click here to email me.