Welcome to L & R Tax Preparation

          L & R Tax Preparation is a full service tax preparation company committed to providing you with efficient, accurate and personal tax preparation services including tax preparation, planning, and review. L & R is here to help you realize taxable financial priorities, make the most of new opportunities, and maximize your return preparation.

         In a world in which speed seems to be valued above all else, L & R Tax understands you want a tax preparer that takes the time to provide you with quality work and the personal service you deserve. We are ready to serve you because your satisfaction is our first priority and we strive to build better business relationships with our clients through personal contact.

         Our work for you will be completed in a timely manner. We also take the time to get to know our clients and understand what they want and need from us. No matter what type of personal return you have, L & R Tax Preparation will work closely with you to serve you to the best of our ability. With over 23 years experience in the preparation of personal returns we are looking forward to helping you for many years to come.

            It will pay to prepare for your tax preparer

            You don’t have to pay a penny more in tax than the law requires. Unfortunately, as the late Walter Wriston (the legendary former Citicorp chairman), once pointed out – “All the Congress, all the accountants and tax lawyers, all the Judges and a convention of wizards cannot tell for sure what the income tax law actually says”

            What can you, a non-expert in taxes do in the face of such overwhelming complexity and convolutions? - - - Find and expert.

Remember, no one person knows all the answers. The last person I knew of (never met, just heard of) who really comprehended the details of the tax code was the late Wilbur Mills, chairman of the House Ways and Means Committee from 1958 until 1974. So assuming you’ve found someone sufficiently competent to do your tax return properly, how do you prepare for him or her? This is an important question. In this website I hope you find the answer/s.

Remember, a tax return isn’t supposed to be fiction in numerical form. You’ve got to give your preparer the right numbers to put on the paper or in the electronic file. That means you have to put the information together. Because you’re not the tax expert, you shouldn’t be deciding what’s allowable as a deduction and what isn’t.

You have only three basic functions:

1.      Accumulate the numbers that substantiate your deductions.

2.      Compile the numbers in tax related categories.

3.      Summarize the categories and get the final numbers to your preparer.

I like to recommend to my clients to use what is called “the Envelope System”, which allows you to do all three easily and simply. You should have done this last year, and I highly suggest you start doing immediately for this year.

The reason for this site is to help you the reader/web traveler understand more of not only how to get your IRS tax return done correctly, but if necessary,  how you can find the best preparer for your needs. I also hope this site will become a valuable tool for you to find the tax information you are looking for.

There is a lot planned for this site, so I am hoping you’ll check back often to see how things are progressing. As it takes shape, I hope you will provide your suggestions and ideas as to what you would like to find in a one stop site for your tax needs.

        The purpose of this site is to help you understand how to prepare your return and/or find a competent preparer for your needs.