Frequently Asked Questions
How much do you services cost?
Our different services range from $1 ,000 to $6,750 for each individual service.
Tax preparation fees may be larger but will depend on the complexity of each
specific return (industry, amount of partners, complex financials, etc.)
What is the difference between Tax Advisory and Tax Preparation?
Tax Advisory is where you strategize and put a plan in place for your taxes. This is done through a series of phone calls and deliverables to ensure every area of your tax situation is covered. Tax Preparation is the compliance portion of your taxes. Preparing and filing your actual tax returns with the federal and state agencies.
Does your advisory service include tax preparation?
No, it does not. Tax Advisory and Tax Preparation are sold separately.
I may only need tax preparation right now, am I an ideal client?
Yes, you could be. If your tax returns are more complex than the average, having someone specialized in your industry is beneficial. We have other opportunities to receive advisory level services.
What makes LYFE Taxes different?
Customer service is our #1 priority. Where most firms are strictly transactional based we are reinventing those ways here at TrueBooks. Some of our services offer more one on one support, but at the end of the day
If I want to learn more, what should I do?
We're currently accepting applications for anyone interested in our services. You can work with us by clicking the button in the top right corner of this page.
How can I ensure a smooth tax preparation process?
Our Tax Preparation fees assume your accounting work is complete and accurate. This means a Profit & Loss Statement and Balance Sheet if you’re a business. If you need help with Accounting, we have an Accounting service to assist you!
Will you help me find tax deductions?
As part of our Tax Advisory service we will help identify what expenses you currently should be deducting given your current structure, as well as potential deductions for your business. As a rule of thumb, always start with what you’re currently spending money on as a potential deduction.
We help Investors & Entrepreneurs pay less taxes.
Important Disclosures:
Tax Planning Guarantee: We will refund up to 100% of our tax planning fee upon all of the following conditions being present: 1) Your plan does not identify at least double the price of the plan in estimated tax savings 2) Your business earns over $100,000 per year in revenue 3) You provided all required information to create your tax plan.
Tax Preparation Guarantee: We will refund up to 100% of our tax preparation service for any interest or penalties related to the accuracy of our filing of your tax return. To be eligible for any refund, the inaccuracy on your tax return must be directly caused by our firm. Direct causes include, but are not limited to, data inserted on the tax return that does not correlate with the information provided by the Client. Inaccuracies from indirect causes are not covered by this guarantee. Indirect causes include, but are not limited to, tax return inaccuracies due to incorrect information provided by the client. This guarantee does not include interest and penalties resulting from late filings.