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The Enrolled Agent credential is granted by the US Treasury and represents that the holder is an expert in all matters of taxation and can Represent Clients before the Internal Revenue Service, the SAME as an attorney or CPA. The EA credential is recognized in all states and therefore, unlike a CPA license, is not restricted by state boundaries.  An EA is bound by professional ethics and must maintain on ongoing level of education and professionalism.

   Mr. Klein is not a Certified Public Accountant, but almost none of our clients actually need the specific services that only a CPA can offer, such as Audit or Attestation services. Unless you are running a publicly-traded company, the services of a CPA are likely unnecessary. Mr. Klein has all the tools and experience for providing a full scope of tax services, bookkeeping and general accounting at a high professional level. Randall obtained his accounting degree with highest honors and also holds an MBA, and has been a licensed Enrolled Agent representing taxpayers since 1994.  

In general, no, as this type of professional advice requires a special type of license. However, Randall was a financial advisor at one point and is very knowledgeable about how investment vehicles work and how the tax law affects your investments. 

Like all matters of professional services, the answer depends on what services are needed. However, we have simplified our pricing structure, especially for individual returns and our fee structure can be found on our website here: https://nextadvisors.tax/menu

We work on a First-In, First-Out basis, but we do give priority to clients that select our Priority Level service options. Most individual returns are ready for your review within 5-7 days of submitting all your documents. In peak tax season, it may take up to 2 weeks. All returns are reviewed by a manager for accuracy.  

 Depends on whether you live near us! Unfortunately, we are a small group and we have only one physical location in West Houston. More than 90% of our clients visit with us on a virtual basis—phone, internet, and Zoom meetings are all available. The need to see us in person has dramatically decreased as almost everything can be done online these days. But, we do welcome you to our bricks-n-mortar office if you feel you want to shake hands with a real person!

 Not only does Mr. Klein know how to deal with the taxation of real estate, but he is a long-term real estate investor. With over 25 years involved in residential and commercial real estate and lending, it’s real-world advice you’ll find here.

After 30+ years of working with more than 2000 business owners, we’ve seen a lot! Even if we have never met anyone in YOUR business type, the tax rules are pretty much the same. So if you have a question about your specific business, go ahead and ask us. You may be surprised that we already have a client in your field. 

Yep. We handle tax returns for livestock, grains and produce, and even cryptocurrency farming.

 There are few, if any, deductions that exist except for a few energy credits, education credits, and credits for dependents. Home office expenses and other miscellaneous deductions have long been removed by acts of Congress. However, we don’t mind looking to see if you forgot about one of the options that can still reduce your bill.  

You are expecting a hard “no”, but the answer is, in rare cases, “possibly”. Both of these would require you to have rather hefty overall medical expenses, but in the right circumstances, it is possible to deduct the costs of your dog or a swimming pool. 

We used to say “save your receipts”, but that really isn’t an option these days. The answer really is “find ways to increase your income that are not subject to regular income tax like wages!” Focus on making income that has tax advantages, such as long-term investments or deferred compensation, or tax-free municipal bonds. There are a lot of possibilities! 

Don’t sweat it! There are options, but one of those options is NOT to avoid filing a tax return. Failure to file a tax return has severe financial consequences that increase your tax bill quickly. We can discuss various options ranging from simply delaying payment, to payment plans, and even negotiating for less tax or penalties in the right circumstances 

We can file an extension, but before we do, we’d like to review all the information you have to estimate how much you should pay on the April due date. All tax money is due on the 15thand any amount paid after that date is subject to interest and penalties, which currently average around 1% per month of the underpayment.

You cannot get an extension for paying the money you owe. Your extension is ONLY for the tax return filing. We recommend filing the extension and paying as much as you can by April and quickly as possible, pay any remaining balance. As stated above, any amount not paid by mid-April carries added interest and penalties