Tax Preparation

Posted Thursday, December 5, 2024

Here is a quick list of the necessary steps to have WCG CPAs & Advisors prepare your individual tax returns. Important dates and considerations during the tax extension season-

​ Individuals / C Corps
1040 / 1120		 Partnerships / S Corps
1065 / 1120S
Tax Documents Due
 Mon, March 10
 Mon, February 10
eFile and Fee Payments Due Mon, April 7
 Fri, March 7
Filing Deadline Tue, April 15
 Mon, March 17

Our turnaround times for tax return preparation varies throughout the year. Click here for real-time information. Also, we will update you with email and text alerts along the way.

During tax season, we have a soft-close at 4:05PM on Fridays to enjoy some chips and salsa, and to unwind a bit. Our tax season drink is the Ukraine Mule with cucumber vodka from the Netherlands- stop by and join us. Apparently having fun before 4:00 is frowned upon in our establishment. Back at it on Saturday!

Individuals and C Corps

0 days 00 hr 00 min 00 sc

Partnerships and S Corps

0 days 00 hr 00 min 00 sc

Business Entity Tax Returns (1065, 1120, 1120S)

The following steps are designed for individual tax returns (Form 1040). If you are a small business owner, and your business files a separate tax return (Form 1065, 1120 or 1120S), we have a separate list of steps. Please use this link to get started on business tax return preparation.

accounting firms near me

Form 1065, 1120, 1220S Tax Prep

Access important tax prep details, deadlines, and requirements f0r 1065, 1120, and 1220S taxes.

Learn More

College Interns

WCG gives back to our accounting community by routinely hiring college students to provide seasonal tax support to our Tax Accountants and Tax Managers. We encourage them to communicate directly with you, the wonderful client, to gather necessary information and keep things moving along. Everyone was new at some point in their careers, so please try to extend extra grace and patience as our Tax Support Team interacts with you. If at any time communication is breaking down, please reach out to your Client Manager directly.

Here we go…

1040 Tax Return Overview

The buttons below will take you to a simple, customized online submit form for you to seamlessly send your information. This ensures comprehensive individual tax returns and an economic tax preparation fee. All submissions are uploaded to your Sharefile within 24 hours for historical safekeeping. You will receive an email and a text alert letting you know we’ve received it. Communication is key!

WCG takes the safety and security of your personal information very seriously. Please read our security and privacy procedures.

How to File Your Taxes with WCG in Just 5 Easy Steps

Filing tax returns can be a pain, but it shouldn’t be. Let WCG help!

1. Engagement Agreement

The IRS and our Professional Liability Insurance provider are getting more stringent on Engagement Agreements for tax preparation. We have created an easy digital engagement agreement, but we also have one in PDF. Seriously, it is super easy and required prior to starting your individual tax returns. Darn rules!

We also have a combined engagement agreement for those clients who have a business and want us to also prepare the business entity tax return (Partnership, S Corp, C Corp). One form, two engagements. Easy!

tax planner

Digital Engagement - 1040 Only

View details about tax return prep, deadlines, and responsibilities for timely submissions.

financial tax advisor near me

Digital Eng + 1040 Biz

View important dates and guidelines for filing your 2023 federal and state income tax returns.

tax accountant

PDF Engagement

Access important tax preparation details, deadlines, and requirements for your 2023 returns.

2. Gather Your Tax Documents

These buttons link to a PDF which provides a quick checklist of the items we will need to complete your individual tax returns plus outlines the tax preparation process and expectations. Yeah, this will feel like you are preparing the tax returns with us, but our primary objectives are to have an accurate and complete tax return, as well as minimizing your tax liability. Please help us help you!

Also, if you are freakin’ out about life on life’s terms, deadlines and all that… you can use the button to the right to authorize us to file a tax return extension.

tax accountant

Individual Checklist (1040)

View details about tax return prep, deadlines, and responsibilities for timely submissions.

tax accountants close to me

Expat Checklist (2555)

Access our expat tax prep checklist to stay organized so no documents are missed.

accountants for tax

Tax Return Extension

Extend your business and individual tax returns together easily with one form.

3. Tax Organizers and Worksheets

The individual checklist (1040) button above contains links to secure online worksheets to provide us critical information for the completion of your individual tax returns. They are home-grown and specifically designed to be a) efficient and b) educational as we take you through the various tax matters that affect you. We are not trying to be difficult nor are we asking you to prepare your own tax returns… at the same time, this information only helps create an accurate and equally important complete tax return.

4. Send Us Your Stuff (fun!)

This is the best part. You can scan and upload to your Sharefile, fax, mail or take a road trip.

Sharefile (preferred)

Contact us to receive login instructions to your Sharefile. If you have already chatted with us, you should have received two emails – a welcome email, and another with login instructions. Check your junk folder too. Use the button below to login into your secure Sharefile.

You can also securely send us your files for tax preparation by using Send A File which doesn’t require logging into your Sharefile. Please use your name and a brief description as the file name such as ‘SmithJohn-W2′ since all files sent to us this way end up a general yet private portal folder. These files will be placed in your Sharefile (from genpop to isolation).

We receive a notification that you have uploaded files (not need to tell us, but if you are done uploading please let us know with a “G2G” email to [email protected] or calling 719-387-9800).

financial tax advisor near me

Sharefile Folder

Click here to securely submit your documents via ShareFile!

accountant near me

Secure Send a File

Click here to use Send A File to submit your documents if you can’t, or don’t want to use Sharefile.

tax agents near me

CanopyTax Portal

Our workflow software also allows for file uploads (but we will move to Sharefile)

Fax

855-345-9700

All faxes will be transferred to your Sharefile as a PDF. We will email you with the number of pages received, and send a follow up text.

Road Trip or Mail

Please retain your originals and send copies to:

WCG CPAs & Advisors
2393 Flying Horse Club Drive
Colorado Springs CO 80921

For road trips, our Colorado Springs offices are open Tuesday-Thursday during tax season. If making a road trip to our office, tax preparation seems to improve dramatically with donuts. You can also hang out and have some coffee in our social lounge. Fun!

5. Tax Return Review and Filing

You will receive an email and a text message alerting you that your individual tax returns are ready for your review. What does that mean? And what happens next? Both great questions.

You are the most intimate with your financial world so your review is essential to the tax preparation process. Also, we want you to be comfortable with your tax liability; we are not asking you to be happy, but at least comfortable knowing the the numbers are accurate.

accountant for taxes

Individual Tax Return Review

Review your individual tax return using our step-by-step guide and helpful flowchart.

taxation accountant

eFile Authorization

Authorize electronic filing of tax returns with our step-by-step guide and Canopy portal instructions.

accountant near me

Make a Payment

Make a payment with PaySimple, a high security and privacy platform we’ve used for over a decade.

6. Cross TAXES Off Your Chores List

Book that summer vacation and let us know where… we need some ideas for after April. Yuck for us. Good for you.

7. Light Reading

Here is some light reading about some popular topics.

tax advisory near me

Tax Patrol Service

Learn about Tax Patrol – affordable tax help for individuals and small businesses!

tax consultant near me

Tax Reduction Services

Read about our essential tax planning services and how they can help you reduce your taxes!

tax accountant

Tax Planning

Discover year-round tax planning strategies to save money and avoid last-minute stress.

wcg tax
Tax Planning Season

Tax planning season is here! Let's schedule a time to review tax reduction strategies and generate a mock tax return.

Tax Planning Services
tax strategist
Bookkeeping Services

Tired of maintaining your own books? Seems like a chore to offload?

Accounting Services

Professional Consultation

Did you want to chat about this? Do you have questions about Tax Preparation? Let’s chat!

The tax advisors, business consultants and rental property experts at WCG CPAs & Advisors are not salespeople; we are not putting lipstick on a pig expecting you to love it. Our job remains being professionally detached, giving you information and letting you decide within our ethical guidelines and your risk profiles.

We see far too many crazy schemes and half-baked ideas from attorneys and wealth managers. In some cases, they are good ideas. In most cases, all the entities, layering and mixed ownership is only the illusion of precision. As Chris Rock says, just because you can drive your car with your feet doesn’t make it a good idea. In other words, let’s not automatically convert “you can” into “you must.”

Let’s chat so you can be smart about it.

We typically schedule a 20-minute complimentary quick chat with one of our Partners or our amazing Senior Tax Professionals to determine if we are a good fit for each other, and how an engagement with our team looks. Tax returns only? Business advisory? Tax strategy and planning? Rental property support?

accounting services for small business

Text WCG Offices

Need to get in touch through a quick text? We'll respond within a day.

accounting services for small business

Call Our Team

If you need to speak to a tax pro, give us a call and we'll get you connected.

accounting services for small business

Chat With a Tax Pro

Taxes can be tricky. Chat with a WCG human now and get questions answered.

We've worked with multiple bookkeepers and accountants over the years and WCG has completely blown us away.

N. Sellden

See Review
After almost 6 years with this CPA group, there is NO ONE else we would trust to do our taxes.

L. Matisek

See Review
After almost 6 years with this CPA group, there is NO ONE else we would trust to do our taxes.

L. Matisek

See Review