Freedom Tax Service has over 15 years of experience providing professional accounting, tax preparation, and bookkeeping services to both individuals and business owners in and around the New Mexico Area. We are dedicated to our clients whether we are representing them in audits with the IRS or more transactional activities such as maintaining their financial record keeping. Our tax professionals are required to stay current on state and federal tax laws. Our mission is your satisfaction, with our number one policy being to provide exceptional customer service.
We provide tax services for individuals and small business owners. We assist sole proprietors in reporting all business income and expenses on a Schedule C attachment within their personal income tax return. If you run the business as an LLC and you are the sole owner, the IRS also allows you to use the Schedule C attachment.
Allow Freedom Tax to support all of your businesses ongoing, transactional and administrative financial record keeping. Our professionals can act as your businesses back-office. We offer financial support in managing your payroll or maintaining and balancing your companies ledgers, accounts, and subsidiaries.
We provide business owners with financial insights based on information and data taken from their bookkeeping records. We work with individuals and business in various capacities including handling IRS audits, cashflow analysis and in assisting in creating financial growth strategies.
All representatives at Freedom Tax offer translation services of forms from Spanish to English or English to Spanish. If you have letters or correspondence from the IRS or anyone else and need help translating these documents, let us assist you.
Freedom Tax professionals can assist you with your ITIN application process or the renewal of your ITIN. All ITIN applications and renewals are FREE when you file your taxes with Freedom! Your ITIN may expire before you file a tax return in 2021. All ITINs not used on a federal tax return at least once in the last three years will expire on December 31, 2020.
Freedom Tax professionals are authorized to perform certain legal formalities, especially to draw up or certify contracts, deeds, and other documents. Notarization serves three purposes: To ensure the person signing a document is properly identified. To ensure the intended person signs the document under their own free will and, to ensure the transaction can be independently verified after the fact.
Freedom Tax and Republic Bank follow all local CRS laws and regulations for CRS reporting. CRS is designed to prevent offshore tax evasion. It gives participating countries transparency about the financial assets that their residents hold offshore. Freedom Tax Services can help you navigate CRS reporting.
IRS & STATE LETTERS
Always keep copies of any notices you receive from the IRS with your other tax records. The IRS sends official letters and notices by US mail. The IRS and State does not contact people by email, text, voicemail or social media to ask for personal or financial information. Beware of SCAMS.