For Individuals

Time for a New Accountant?

Bloomington Outstanding Tax is a professional accounting firm that provides tax preparation and bookkeeping services. We are dedicated to providing the highest level of service at competitive rates with exceptional customer care. Our team will work closely with you to ensure your needs are met. We offer personal attention and commitment to excellence in all we do. You can be confident knowing that our staff has years of experience working in public accounting firms and individual tax preparation practices, so they understand how important it is for you to receive accurate information quickly and efficiently.

If you’re struggling to understand your taxes or plan for the future, let us help. We specialize in personal finance and can provide a clear path towards financial security while also teaching you how best to handle common tax problems.

When it comes time for filing taxes, don’t make the mistake of trying to go it alone or hiring someone who doesn’t have the expertise required by today’s complex tax laws – let us take care of everything from start to finish! We provide comprehensive business planning services, including financial projections, cash flow analysis, income statement reporting, and more. 

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How Will an Accountant Benefit Your Personal Finances?

An accountant has attained a level of expertise in preparing and managing financial statements and tax preparation. As such, an accountant can very well serve as a consultant to help you better manage your finances, whether it be for your business or personal use. In this sense, an accountant serves as an objective party who can offer guidance on allocating funds effectively as well as give suggestions on how to improve any given aspect of your finances.

For many, tax season brings on a great deal of stress and anxiety. If you’re dreading the thought of sitting down with your taxes this year, we can help! Our firm provides personal service and utilizes the latest tax strategies to minimize your tax liability. Our team is committed to making sure you are receiving every deduction possible for your unique situation. We are here to guide the entire process, so you feel confident about where things stand. 

Why Should You Hire a Professional Accountant?

There are many reasons why hiring an accountant could benefit your business or company; however, several benefits apply specifically to individuals. The first significant advantage comes from finding deductions that would have gone unnoticed otherwise- if an individual has itemized deductions, an accountant can look through them and let you know which ones are eligible to be written off. Another benefit of hiring an accountant is that they can help you with filing your taxes and any necessary quarterly payments by taking care of all of this for you!

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Essential Factors to Consider When Choosing an Accountant:

If the answer to any of these questions is “no,” it might be time to consider finding another accountant. With Bloomington Outstanding Tax, you get more than just tax preparation; we are here for you for guidance before, during, and after filing. We can even help you plan with financial projections! So if you’re looking for an established accountancy firm that offers personalized service at affordable rates, contact us today!

Why Clients Choose Us

Bloomington Outstanding Tax services are guaranteed to be accurate by the IRS. We also ensure that all federal and state tax forms are correct for your job, business, or individual needs. Your file is assigned to a professional accountant who will make sure everything runs smoothly with your returns. Our staff treats every client with respect, and we pay close attention to detail in our work to make sure we give you the service you deserve! 

When it comes time for filing taxes, don’t make the mistake of trying to go it alone or hiring someone who doesn’t have the expertise required by today’s complex tax laws – let us take care of everything from start to finish! We provide comprehensive business planning services, including financial projections, cash flow analysis, income statement reporting, and more.

When you choose Bloomington Outstanding Tax as your accountant, we will be there to work with you every step of the way; we know taxes can be confusing. We’re committed to providing ongoing support and guidance for all our clients (including immigrants and non-native speakers). When it comes time to file, you can rest assured that your tax return is correct. Our team has years of experience working in public accounting firms and individual tax preparation practices, so they understand how important it is for you to receive accurate information quickly and efficiently.

With an experienced team that has worked in various accounting firms and individual tax preparation practices, your file is assigned to a professional accountant who will make sure everything runs smoothly with your returns. We know taxes can be confusing, and we’re committed to providing ongoing support and guidance for all our clients (including immigrants and non-native speakers). When it comes time to file, you can rest assured that your tax return is correct – our team has years of experience working in public accounting firms and individual tax preparation practices, so they understand how important it is for you to receive accurate information quickly and efficiently.

Our Services

Our clients can receive a variety of services from Bloomington Outstanding Tax on a year-round basis. We know taxes can be confusing, and we’re committed to providing ongoing support and guidance for all our clients (including immigrants and non-native speakers).

When it comes time to file, you can rest assured that your tax return is correct – our team has years of experience working in public accounting firms and individual tax preparation practices, so they understand how important it is for you to receive accurate information quickly and efficiently. That’s why we offer a comprehensive range of services for individuals. Some of these services are:

Personal Financial Planning

Preserving your wealth requires a comprehensive approach. You get personalized guidance and an in-depth financial plan that helps manage risk, improve performance, ensure the longevity of investment portfolios for you specifically, and create more opportunities to grow.
We can help you plan ahead with financial projections, cash flow analysis, and income statements! We’ll determine which strategies will work best for your situation and needs. 

Estate Planning

With proper estate planning in place, you can rest assured that your assets and wishes will be carried out correctly even after you’re gone. Here at Bloomington Outstanding Tax, we take the time to sit down with you and get to know you, so we can guide tax strategies that fit into your overall financial plan. We also take care of any other legal needs that may arise during this process so everything is accessible and properly documented for your beneficiaries.

Business Planning

Many of our clients run their businesses and need to plan everything from employees to filing quarterly taxes. Whether you are a business owner or an independent contractor, we’ll help you get organized so that payroll is taken care of correctly and on time. We can even advise on how to get started! 

Tax Planning

Tax planning isn’t just about avoiding penalties; it should also be about taking advantage of all possible deductions, exemptions, and credits. As your tax preparer, we’ll work with you to find any possible tax deductions or credits you may be eligible for.

Pension Planning

Retirement planning should start as soon as possible – there are many factors involved, such as contribution limits and pension conversion. One of our specialists will discuss this process with you and provide maximum contributions for registered and non-registered accounts. We’ll make sure you understand what this means for your future. 

What You Can Expect From Us

Using a professional accounting service will ease the stress of filing taxes and maximize the deductions available to you.
Our accounting team will take care of everything for you – we’ll guide you every step of the way, so all you have to do is sit back and enjoy your return! At Bloomington Outstanding Tax, our goal is to provide clients with a hassle-free tax filing process from start to finish, no matter how complicated their taxes are. Contact us today for more information!

Personal Financial Planning

Increase accuracy: The more complicated your tax situation is, the higher the chance you will make mistakes. With Bloomington Outstanding Tax handling everything for you, there is less room for error.

Estate Planning

Maximize deductions and credits: A licensed accountant knows how to read the Rules & Regulations to find premises, exemptions, and recognition that may not be obvious to someone who isn’t an expert in these matters.

Business Planning