Project Description

  • Single Individual, No Kids, No Property
  • Did not file tax returns since 2015
  • Worked as employee and independent contractor, received W2s and 1099MISCs
  • Owed $6,000+ income tax to IRS and Illinois collectively for 2015-2018 tax years
  • Soto Accounting found additional deductions and credits he qualified for to reduce the tax owed
  • Final Results:
    • Federal Tax – $1,013 Refund
    • State Tax – $0
    • Net Tax – $1,013 Refund
    • That’s $7,000+ savings in tax!