Let us handle taxes for you.
Experience hassle-free tax management and gain access to expert strategic guidance throughout the year.
Included with every return.
All return packages include a prerecorded video walkthrough from your tax advisor, with a simple explanation of your returns.
Complimentary audit protection with a $1 million guarantee from Protection Plus is included with every tax return package.
We'll monitor your account at the IRS for any unexpected changes. We're also here for assistance with any unlikely notices or letters.
You get 24/7 access to our secure client portal to communicate with your tax advisor and access tax documents at any time.
Featuring transparent pricing.
Individual taxpayers with only W-2 and interest/dividend income will benefit from our most basic individual tax services package.
For individual taxpayers who have unemployment or payment income, or who own a home or itemize their deductions use our standard individual tax package.
Taxpayers who have investment income or who hold cryptocurrency or rental properties, or who file tax returns in multiple states use our premium package.
For self-employed workers like freelancers, independent contractors, and gig workers who file Form 1040 with the IRS, this package is for you.
All types of small businesses, whether partnerships, S-corporations, C-corporations, or multi-member LLCs, can use our professional tax services.
Financial Umbrella also provides discounted services to nonprofit organizations filing IRS Form 990 series tax returns and their state equivalents.
Our answers to your questions.
How do I send you my tax documents?
We use a secure client portal to share information. We will communicate with you in this online portal, and you will also be able to upload your tax documents here. The secure portal also includes a messaging system that allows you to communicate with your tax advisor in real-time. You can even use our secure portal on your mobile device (download on Apple or Android devices).
What happens after I upload my tax documents?
Once all your tax documents are uploaded, your tax advisor will get to work preparing your tax returns. We strive to have your tax returns ready for your review within 10 business days after we receive ALL documents. Your tax advisor may ask clarifying questions before he/she is able to finalize your tax returns, so the speed of preparation directly depends on the speed of your responses back to your tax advisor as well.
How do I know what documents I need for my taxes?
Our secure portal is designed to take you through a step-by-step process that gathers each piece of information and documentation we need to prepare accurate tax returns on your behalf. We will take it one step at a time! At a bare minimum, all tax returns will always require your full name, mailing address, taxpayer identification number, telephone number, email address, date of birth, copy of a valid photo ID, and any income documents you've received.
If Financial Umbrella doesn't do my bookkeeping, can I still get my business taxes done?
Absolutely! We'll generally want to take a look at the year's books to make sure they meet our standards, but many of our tax clients don't have their business bookkeeping with Financial Umbrella.
What if I lost some of my tax documents?
An inherent limitation in the tax preparation process is that any tax professional is only aware of the information you provide.
Unfortunately, even tax professionals do not have a method of obtaining lost information on your behalf. If you've lost a W-2 form, we recommend getting in contact with the employer that issued the W-2 to request a reprint.
Another option is to use the IRS' online Get Transcript tool to obtain wage & income transcripts that list Federal tax information from all income documents the IRS received copies of. However, please be aware these wage & income tax transcripts from the IRS do not include state or local tax information, so there will still be missing information that remains even after obtaining IRS transcripts.
Can Financial Umbrella handle multiple years of tax filings?
Absolutely! The pricing reflected on our tax services page only reflects one year of filings, but simply contact us to get a quote for multiple years of filings.
How do my state and local tax returns work?
One state and one local tax return are included in all of our tax return packages - whether you are an individual taxpayer, a business, or a nonprofit organization. We also help many clients that have multi-state filing obligations, such as when you work in one state and live in a different state. If you need to file in more than one state or locality, just contact us.