fbpx

Service Story: Personal Tax Return

Personal Tax Return: Sarah

My name is Azhar, and I’m the director at taXcellent. This account is based on a real life story of one of my clients. Hopefully it helps you picture how I can help you! Book in a call when you have made your decision.

When Sarah walked into my office, she looked visibly stressed. She was a freelance graphic designer and had just received a notice from the tax authority reminding her that her personal tax return was due in less than three weeks. Her previous accountant, whom she had relied on for years, had retired without much notice. The new firm he referred her to was unresponsive and had left her feeling unsupported. Too many business owners are left confused about what to do about their tax.

Sarah explained that she wasn’t sure if her estimated payments throughout the year were accurate, and she feared she might owe a significant amount of money. She also had concerns about potentially missing out on deductions since her income came from various projects, and she hadn’t kept the best records.

Understanding the urgency of the situation, I reassured her that we would address everything methodically and make the process as smooth as possible. First, we conducted a thorough review of her financial records, including income statements, expense receipts, and any past filings. I walked Sarah through how we could organize her documents and even helped identify a few potential deductions she hadn’t considered, like her home office setup, software subscriptions, and travel expenses for client meetings.

Next, I ensured her tax return was completed; accurately and promptly. By optimizing her deductions and applying the appropriate credits, I was able to help Sarah reduce her taxable income significantly, saving her more than she had anticipated. I also set up a payment plan option for her remaining tax liability, which fit comfortably within her budget.

As we wrapped up, Sarah expressed relief. “I can’t thank you enough,” she said. “I came in feeling overwhelmed and unsure if I could even get this done on time, and now I feel like a huge weight has been lifted off my shoulders.”

Beyond filing her return, I provided Sarah with a simple system to track her income and expenses for the next tax year, ensuring she could stay compliant and take full advantage of all available deductions in the future.

Helping Sarah not only brought her peace of mind but also reinforced for me why I love what I do: making a complex and stressful process manageable, so my clients can focus on what they do best without worrying about the numbers.

Get in touch

If you need help with your Personal Tax Return, or you’re still undecided on who to work with, book in some specially reserved time and I will figure out what your next steps should be.