Mark Sherman CPA provides expert tax preparation and filing services, ensuring compliance and maximizing deductions for individuals and businesses in Las Vegas.
Don't Deal with complicated tax filing
Tax preparation is an extremely complex and challenging task — anyone who’s ever tried filing taxes will agree. Tax laws are complicated and vary from one region to the next, so even simple tax returns can be difficult. Using automated tax software opens the possibility of ignoring possible sources of tax deductions and credits. Mark Sherman CPA prepares your personal, business, estate/trust, gift, and non-profit taxes to help you avoid tax audits and maximize your deductions. We provide the best tax preparation Las Vegas has to offer.
Types of Tax Preparation
Whether you’re an independent contractor, full-time employee, or business owner, you need to select the ideal accounting firm for your tax preparation. Mark Sherman CPA is led by talented and experienced accountants who stay abreast of the latest tax laws to maximize your benefits while helping you avoid common pitfalls and landmines. We provide the following types of tax preparation — personal tax preparation, business tax preparation, estate/ trust tax preparation, gift tax preparation, and non-profit tax preparation.
I recently had a consultation with Mark because I had questions regarding gift taxes. He took the time to thoroughly answer my questions, gave advice on how to complete some paperwork I was working on, and left me feeling confident about having him complete my taxes next year. I definitely recommend this office!
Types of Tax Preparation We Offer
Individual Tax Preparation
We provide assistance with stock and mutual fund investments, the exercise of stock options, rental properties, multi-state tax issues, alternative minimum tax, sole proprietorships, and more. We gather all the necessary information from you to draft a comprehensive tax return.
Business Tax Preparation
We provide tax preparation services for all types of business entities, including C corporations, partnerships, and sole proprietorships. We also help you select the appropriate business entity to optimize tax savings making your tax filing in Las Vegas stress-free.
Estate/ Trusts Tax Preparation
We assist trustees and the executors of an estate throughout the tax process. Whether you need to file Form 1041 (income tax return for estates and trusts), Form 706 (for all estate assets), or Form 1041 (for income earned), we help you through the process.
Gift Tax Preparation
The annual gift tax exclusion is available to individuals receiving up to $15,000 as a gift, whereas all income beyond that level is liable to a maximum tax rate of 40%. We help maximize your savings with gift tax preparation.
Non-Profit Tax Preparation
We provide assistance with the filing for not-for-profit, tax-exempt organizations. Even though most tax-exempt organizations don’t pay federal taxes, they still have to file annual tax returns, mostly in the form of informational returns with the IRS. We help you file the necessary forms.
Our Tax Preparation Services Include:
- E-filing of taxes at the appropriate time
- Generating same-day tax returns
- Audit protection plan
- Representing you during IRS tax audits
- Preparing you and your business for taxes
- Minimizing future tax liabilities
- Curating a comprehensive tax plan
Tax Preparation & Filing FAQs
Do I need to hire a CPA to file my taxes if I own a small business in Las Vegas?
While it’s not legally required, hiring a CPA can help you avoid costly errors, missed deductions, and IRS red flags. Tax laws are pretty complex, especially if you’re self-employed, run payroll, or operate across state lines. A seasoned CPA ensures everything is reported accurately, helps with tax planning, and saves you time and stress.
How much can hiring a CPA save me on my taxes?
That depends on your situation, but many small business owners discover deductions they never knew they qualified for: home office expenses, mileage, depreciation, and more. A CPA’s guidance can reduce your tax burden by hundreds or even thousands of dollars annually, all while minimizing the risk of an audit down the line.
Do I need to file taxes in Nevada if I live out of state?
Nevada has no state income tax, so in most cases, you won’t need to file a separate state return just for earning income here. However, if you live elsewhere and have a business presence or earn income in Nevada, you may still have federal tax obligations and possibly state tax filings in your home state. A CPA can help you sort it out.
How much are tax preparation services?
Pricing depends on the complexity of your return. A straightforward individual return will cost less than a multi-entity business return with multiple income sources and deductions. During your consultation, we’ll provide transparent pricing based on your specific needs.
Which tax form do I use for my business in Nevada?
Most sole proprietors and single-member LLCs use Schedule C (Form 1040). Corporations and partnerships typically file Form 1120, 1120-S, or 1065. Choosing the right form depends on your business structure, something we help clients with every day.
Some Of Our 5 Star Reviews
Why Choose Mark Sherman CPA
Mark Sherman CPA offers expert accounting services tailored to your needs. Our knowledgeable team ensures up-to-date solutions for tax preparation, financial consulting, and business planning. We prioritize transparency and swift responses, making your financial life simpler and stress-free. With decades of experience, we are your trusted partner for all accounting needs. Visit us in Las Vegas and start achieving your financial goals today.
