Stress-Free Tax Filing for Individuals and Families
When tax season rolls around, Elite Financial Consulting makes it easy. Our personal tax preparation services in Canyon Lake are built to take the pressure off individuals, families, and retirees. Whether you work for a company, freelance, own property, or collect retirement income, we ensure every form is filed correctly and every deduction is considered. From W-2s and 1099s to Child Tax Credits, student loan interest, and mortgage deductions, we make sense of your full financial picture.
What We Cover in Individual Tax Prep
Federal & Multi-State Returns
We prepare your federal 1040 tax return accurately and file it electronically. For clients with income from other states or who recently relocated, we handle multi-state filings with care and compliance.
Deductions and Credits Optimization
Our team evaluates every possible opportunity to lower your tax liability. That includes education credits, childcare expenses, charitable donations, and healthcare deductions.
Self-Employed & Freelance Income
Gig workers and self-employed clients often miss important write-offs. We prepare Schedule C filings and help track eligible business expenses—even if you don’t own an LLC.
Investment and Rental Income
We handle capital gains reporting, dividend income, and rental property income (Schedule D and E). Having Elite Financial Consulting prepare your return means fewer missed details and a more complete financial strategy.
Our Personal Tax Prep Process
We start with a consultation to understand your income, expenses, and major life events. Then we securely gather your tax documents—either online or in person. Our team prepares your return with accuracy and care, then walks you through it line by line. We explain what changed, what you’re getting back, and what to consider for next year.
If the IRS ever sends a notice or letter, we’re here to help. And if your return is selected for review, we stand by you with responsive audit support.
Life Changes? We’ve Got You Covered
From new marriages to new homes, tax laws don’t always keep up with life. We do. Our process adapts to transitions like job changes, retirement, having kids, divorce, moving states, or tapping into savings. That means your filing status, deductions, and credits are always updated to match your reality.
Year-Round Support for Your Personal Taxes
We’re not just a seasonal service. Elite Financial Consulting offers ongoing advice throughout the year. Thinking about buying a home or retiring? Wondering how a side gig might affect next year’s refund? We're here when you need us—not just when the IRS says so.
How early should I get started on my taxes?
As soon as you have your W-2s, 1099s, and other tax documents—usually by late January—we can begin. Early filers often receive faster refunds and avoid the April rush.
Can you help if I’ve always used TurboTax?
Yes. Many clients come to us after years of using software. We often uncover missed deductions and offer guidance TurboTax can't provide—plus, we represent you if anything goes wrong.
Do you offer discounts?
We proudly offer discounts for military veterans, senior citizens, and returning clients. Ask us during your consultation.
What documents do I need?
You'll need your photo ID, Social Security cards for dependents, income forms like W-2s and 1099s, and proof of deductions or credits. We can provide a full checklist upon request.
