The rules and regulations behind California’s tax systems can be complex. If you are planning ahead for the coming tax season, it is important to make sure you’re setting yourself up for success when it comes to your tax preparation in Orange County, CA. Taxes can be complex, so it’s best to enlist the assistance of a qualified professional. At Wynkoop & Associates, CPA, we are here to help make taxes less taxing! Our accounting professionals can help with your income tax in Orange County, along with tax preparation. We also offer audit defense and many other services. When you’re in need of the best CPA in Orange County, call on our team at Wynkoop & Associates, CPA!

What are common mistakes people make when it comes to income tax in Orange County, CA?

When it comes to income taxes in The Golden State, the rules always seem to be changing. The rate of inflation often has strong bearings on California’s income taxes. At Wynkoop & Associates, CPA, we are here to make your income tax process a breeze. We can prepare and file your income tax, helping you make the most of all possible deductions and credits.

Without the right help for your taxes, you may wind up making some dangerous and potentially costly mistakes. Common mistakes when it comes to income tax in Orange County, CA include:

  • Disparity between estimated & actual payments
  • Incorrect filing status
  • Miscalculations regarding exemption credits
  • Claimed disability isn’t supported
  • Incorrect adjusted gross income
  • Claimed withholding doesn’t match your W-2

Many of these mistakes can be costly in several ways. First, improper calculations can mean higher costs. These costs may be more than you anticipated, causing additional issues. If there are too many discrepancies on your return, it may also result in an audit. Audits can be a headache, and they may result in additional financial penalties.

Of course, if you call on a professional for your income tax preparation in Orange County, CA, you can work to avoid many of these costly tax mistakes. Our Certified Public Accountants at Wynkoop & Associates, CPA understand how to make the most of your tax situation. We can prepare and file your return, giving you peace of mind that everything is filed correctly. Additionally, we can help maximize your tax credits and tax return by analyzing and filing your taxes to the highest results possible.

When should I call a professional for my tax preparation in Orange County, CA?

Taxes can be highly confusing, especially in The Golden State. At Wynkoop & Associates, CPA, we are here to help assist with your tax needs. Our CPAs are here to help you any time of the year. The sooner you call in the help of professionals for your taxes, the better! We can help you through many components of your tax processes, pursuing your best interests at every juncture. Contact our accounting professionals at Wynkoop & Associates, CPA today to learn how we can help with your tax preparation in Orange County, CA!