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Tax Preparation Services


Expert Tax Return Preparation for Maximum Savings

The easiest ways to get your taxes done if you can't afford a CPA


In today's intricate tax landscape, simplicity in financial affairs rarely aligns with optimal tax outcomes. 

Navigating Complex Tax Laws with Ease

That's why, at JAG David & Company CPAs, we believe that unless your financial matters are exceptionally straightforward, you stand to benefit from the expertise of a seasoned tax professional. Even with the aid of computer software, nothing replaces the value of guidance from a knowledgeable tax preparer.

Our Proven Track Record

Every year, we successfully prepare hundreds of tax returns, offering you a wealth of experience and insights. We not only know what to look for during the preparation of your return but also provide ongoing support, answering your questions throughout the year. By joining our mailing list, you'll receive timely updates on tax, business, and financial advice.

Your Tax-Cutting Checklist

Whether you're a wage earner, investor, business owner, or wear multiple hats, utilizing tax-cutting benefits is crucial for financial success. Our tax-cutting checklist is a comprehensive guide to help you identify potential savings you might be overlooking.

For Individuals:

  • Roth IRA
  • Roth 401(k) (if employer's plan permits)
  • Rollover to Roth IRA
  • Tax-deductible IRA
  • Child tax credit
  • Child care credit
  • Earned income credit
  • Annual gifts to reduce estate
  • Education savings accounts
  • Education expenses
  • American opportunity tax credit
  • Lifetime learning credit
  • Bunching deductions
  • Flexible spending accounts
  • Health savings account
  • Donating appreciated assets instead of cash
  • Qualifying property for personal residence gain exclusion
  • Best filing status
  • Shifting income or deductions from year to year
  • Adoption expense credit

For Investors:

  • Tax-free municipal bonds
  • Long-term capital gains
  • Rental property
  • Tax-free exchange
  • Low-income housing credit
  • Small business stock rollover

Secure Your Financial Future

There's little to be gained by paying more tax than the law demands. Let us guide you through the intricacies of the tax code and identify opportunities for significant savings. CONTACT our office today for expert tax return preparation and financial empowerment.




Business Tax Returns

Expert Tax Return Preparation for Your Business



Whether you're an individual, investor, or small business owner, our team is here to guide you through the intricacies of the tax code.


Navigating today's complex tax laws requires expertise, and at JAG David & Company CPAs, we offer professional tax return preparation services to ensure you maximize your benefits. Tax laws are intricate, and even with the use of computer software, nothing replaces the assistance of a seasoned tax preparer.


Our Core Services

Small business tax return preparation and filing instructions are at the heart of our services. Whether your business is a C corporation, S Corp, Limited Liability Company, Partnership, or Sole Proprietorship, our experienced team can prepare a properly structured tax return to minimize your tax liability. Over the years, we've successfully prepared thousands of Federal and State tax returns for our valued clients.

Your Tax-Cutting Checklist

Don't leave money on the table – identify and leverage the tax-saving opportunities available to you. Whether you're a wage earner, investor, or business owner, use our tax-cutting checklist to ensure you're taking advantage of every possible deduction and credit.

For Businesses:

  • Home office deduction
  • Keogh plan
  • SIMPLE plan
  • SEP
  • 401(k) plan
  • First-year expensing of business equipment
  • Year-end bonuses
  • Bad debt write-off
  • Disabled access credit
  • Health care tax credit
  • Other business tax credits
  • Tax-free exchange

Feel free to CONTACT  our office for any questions or more information on these strategies and others that could significantly reduce your tax burden. Let us be your partner in navigating the complexities of tax laws and optimizing your financial position.


Tax Planning


Strategic Tax Planning for Individuals and Small Businesses



Tax Planning Excellence: Minimizing Your Tax Burden


Tax planning and forecasting services are at the core of our firm's expertise. At JAG David & Company CPAs, we excel in providing effective tax minimization strategies through long-term tax planning, conscientious annual tax forecasting, and mid-year tax planning for both individuals and small businesses.

Our Approach to Tax Minimization

Effective tax minimization begins with a strategic, long-term approach to establish overall objectives. We are committed to ensuring that you pay no more tax than the law requires. Our proactive approach includes:

  • Monitoring Tax Law Changes: We stay abreast of changes in tax laws to recommend up-to-date tax-saving strategies.

  • Comprehensive Tax Return Preparation: We prepare all your tax returns accurately and efficiently.

  • Advocacy in Tax Matters: If contacted by any government agency, your first call should be to us. We handle tax matters so you can focus on your business.

Demystifying Tax Planning

Tax planning can often seem mystifying, but we're here to simplify it for you. We break down tax planning in plain English, ensuring you understand the strategies and their implications for your financial situation.

Basic Tax-Cutting Strategies

In essence, tax planning involves several fundamental strategies, often combined for maximum effectiveness. These strategies include:

  1. Income Splitting: Distributing income among family members or legal entities to take advantage of lower tax brackets.

  2. Income Shifting: Moving income from one year to another to benefit from lower tax rates.

  3. Deduction Shifting: Adjusting deductions to maximize tax benefits.

  4. Tax Liability Deferral: Making investment choices and pension plan contributions to defer tax liability.

  5. Structured Expenses: Organizing affairs to gain tax deductions for expenses related to enjoyable assets like a vacation home.

  6. Tax-Exempt Income: Investing in income-producing assets exempt from federal or state income tax.

Let's Discuss Your Financial Future

CONTACT  us to discuss your financial and tax situation. Together, we'll determine how our strategic tax planning services can help you minimize your tax burden and achieve your financial goals.



Accounting Services


Bookkeeping Services



Get bookkeeping services tailored to your needs!


spend your time building your business — and your profits; let us handle your bookkeeping, recordkeeping, and report filing.


We can provide as many of the following services as you want:

  • Handling "after the fact" payroll functions, including quarterly and annual payroll tax reports.
  • Doing your bank reconciliations and providing cash balance reports.
  • Budgeting and cash flow
  • Maintaining general ledgers.
  • Preparing any customized reports you find useful.

Where do we begin?

We'll work with you to identify the services you need. Then we'll set up a schedule so data is collected, recorded, and handled efficiently and timely.

How much will it cost?

You're likely to save more than our services cost. Your in-house staff needs will be reduced, so you will reduce associated employee costs such as payroll taxes, employee benefits, training time and expense, equipment and software costs, and employee management costs.

Best of all, your bookkeeping and accounting functions will be taken care of, so you can concentrate on running your business.

CONTACT us today 


Financial Statements

Financial Statement Services for Business Success



At JAG David & Company CPAs, we offer comprehensive financial statement services tailored to meet your unique business needs. Whether you require the preparation or supervision of financial statements, our expert team is here to provide compiled, reviewed, or audited statements according to your specific requirements.


How We Add Value

  • Strategic Financial Management: Beyond just delivering statements, we empower you to utilize financial reports for effective business management and increased profitability.

  • Importance of Good Financial Records:

    • Daily Operations: Base your daily operating decisions on reliable financial reports.
    • Loan Applications: Secure bank loans with reports showcasing your past performance.
    • Tax Compliance: Properly substantiate your tax return numbers with accurate financial records.

Monthly Financial Reports

Prepare financial reports monthly for year-to-date comparisons and quick management decisions. As the saying goes, "As goes the month, so goes the year." Monitor key indicators like sales, gross profit, net profit, accounts receivable, and payables to spot trends and take corrective action promptly.

Business Ratios to Monitor

  • Current Ratio: Measure your ability to pay current debts by dividing current assets by current liabilities.
  • Debt to Equity Ratio: Compare total liabilities to net worth for a year-to-year analysis of your ownership in the company.
  • Receivables Outstanding: Calculate the number of days' sales on the books by dividing receivables by average day's sales.
  • Profit Margin: Compare gross profit to net sales to assess your business operations against industry standards and monitor your own operations over time.

Understanding Financial Statements for Profitability

Understanding financial statements is key to increasing business profits. If you want to learn more about utilizing financial statements for sound business decisions, we are here to assist you. No one was born understanding financial information, and we're committed to making the learning process easier than you think.

Our Expertise in Financial Statement Preparation

Financial statement preparation for small business clients has been a long-standing service at our firm. Depending on your needs, we offer monthly, quarterly, and year-end balance sheet and detailed operating statement preparation. Our state-of-the-art accounting software ensures timely, effective business analysis with helpful comparisons and calculations.

Ready to unlock the full potential of your financial statements?

CONTACT us today

Other Services

Estate & Gift Tax Planning

Strategic Estate Planning: A Small Investment for Significant Savings



A Little Planning Can Save Thousands of Dollars!

At JAG David & Company CPAs, we understand that contemplating estate matters may not be at the forefront of everyone's thoughts. However, investing a little time in estate planning can yield substantial benefits, including lower taxes, reduced administrative costs, enhanced financial security for your loved ones, and, most importantly, your peace of mind.

Estate Planning for Everyone

Estate planning is not exclusive to the wealthy. Tax implications come into play based on the value of your estate and prevailing federal and state laws at the time of your passing. Your home, personal property, business interests, collectibles, investments, retirement accounts, and life insurance all contribute to the complexity of your estate.

Use our estate planning calculator to determine the value of your estate and take the first step towards a secure future.

Essential Documents for a Solid Estate Plan

  1. The Will: Ensure your wishes are honored regarding the distribution of your probate estate, guardianship of minor children, and more.

  2. Information Memo: Maintain a comprehensive list of your financial information, including insurance policies, bank accounts, investments, and key contacts.

  3. Durable Power of Attorney: Empower a trusted individual to manage your financial affairs in case of incapacitation.

  4. Directive to Physicians: Document your medical treatment preferences in case you become unable to communicate them yourself.

  5. Funeral Instructions: Include your burial wishes and notify relevant individuals upon your passing.

Keep your original documents secure, and maintain a copy at home for reference. Share the location of these documents with your personal representative (executor).

Keep Your Plan Current

Estate planning is an ongoing project. Regularly review your plan and documents to ensure they align with current tax laws and your evolving personal situation.

Gift Tax Planning Opportunities

Explore strategic gift tax planning possibilities, such as annual gifts, unlimited gifts for medical expenses or school tuition, property transfers, spousal transfers, and managing life insurance proceeds.

For detailed insights into estate planning or assistance in developing or reviewing your plan, please contact our office. We are here to guide you through the complexities, ensuring your estate plan reflects your wishes and optimizes your financial position.

CONTACT us today

Succession Planning

Every business owner should, at some point, evaluate how they plan on transitioning their business to the next generation or to an unrelated third party. 



Over the course of numerous engagements, we have cultivated extensive experience in facilitating seamless transitions for our esteemed clientele. Through collaborative efforts, we work closely with our clients, their legal representatives, financial planners, and other pivotal members of leadership to meticulously strategize and execute a well-planned pathway for the successful transition of your business

This is what some had to say:

"JAG David & Company CPAs  has truly been the beacon of excellence in guiding our organization through a seamless leadership transition. Their expert team demonstrated unparalleled professionalism and strategic foresight, ensuring a smooth passing of the torch as our founder retired. The tailored succession plan they crafted not only alleviated uncertainties but also laid the foundation for a new era of growth and prosperity. The meticulous talent assessments and development initiatives showcased their commitment to our organization's success. We are immensely grateful for the invaluable support from JAG David & Company CPAs and wholeheartedly recommend their services to any forward-thinking business seeking a path to sustained success." -Jim Wilstovic, CEO of APW Enterpise

CONTACT us today


Financial Planning

Secure Your Financial Future: Overcome Financial Worries


A recent Gallup poll revealed that 60% of surveyed individuals worry about their financial future.


It's time to take control and stop worrying!

Steps to Financial Peace of Mind

1. Regular Savings and Investments

Start by regularly setting aside a fixed amount in savings or other investments. Leverage the power of compounding earnings to witness substantial growth. Use our savings calculator to estimate the speed at which your savings can accumulate.

2. Invest in Knowledge

Make informed investment decisions by investing in what you know. For those who prefer not to delve into investments, consider hiring a money manager to handle your investments professionally.

3. Diversify Your Investments

Spread your investments across different vehicles. Keep some funds in easily convertible investments for emergencies. Following the age-old advice of not putting all your eggs in one basket is sound investment wisdom.

4. Annual Balance Sheet

Prepare an annual balance sheet, comparing your assets to debts to determine your net worth. Regularly assessing your financial position helps ensure you're on track to meet your financial goals.

5. Retirement Planning

Plan your financial position by retirement age. With proper planning, you can retire comfortably without relying solely on government assistance. Use our retirement calculator to estimate your retirement savings needs.

6. Regular Plan Updates

Frequent updates are key. Review your financial plan regularly, adjusting investment choices to align with your evolving financial goals.

7. Credit Wisdom

Avoid using credit for consumption items. Save up and pay cash for depreciating assets. Reserve credit for significant investments like a home purchase.

8. Credit Card Discipline

Pay off your credit card balance monthly. Credit cards should be a convenience, not a source of long-term financing. High-interest rates make carrying a balance costly.

9. Monitor Investments

Maximize your after-tax return by monitoring investments closely. Even a 2% higher return can significantly impact your investment growth. Utilize our savings yield calculator for monthly yield calculations.

10. Insurance Review

Regularly review insurance needs with your agent to ensure you're neither under- nor over-insured. Notify your agent of property transactions for accurate coverage.

Your Financial Confidence Begins Here!

Take the first step toward financial peace of mind. CONTACT  JAG David & Company CPAs today to discuss your unique financial situation. Let's work together to build a secure financial future, turning worry into confidence.


Send Us a Message

We would love to hear from you!


Get clarity on your tax and accounting situation