American Tax Express

Great People Deserve Great Service!

Personal

Our tax preparation services are a great value for you and your family. We offer high quality services from knowledgeable tax accountants who will prepare your income taxes at competitive rates.

Business

Don’t risk overlooking tax deductions and credits that could save you thousands of dollars. When we prepare your business tax return, you can be confident that it’s free of costly errors.

Tax Planning

Business owners and individuals rely on our skills and experience to develop proactive tax planning strategies that are designed to minimize tax liabilities.

Problem Resolution

If you’re facing a hefty tax debt and harassing phone calls from the IRS, contact us now. We’ll work to release a lien or levy, end wage garnishment, and resolve all kinds of tax problems with the IRS.

State and Local Taxes

Our experience with state and local taxes will decrease effective tax rates for your business. We provide sales and use tax services, tax incentive analysis, and Nexus filings.

Tax Reform Changes That Could Affect You

Tax laws are constantly changing and as a result the rules vary on an annual basis making the process of preparing and filing Income Tax a confusing and complicated task for many and with the recent passing of the “Tax Cuts and Jobs Act” passed by Congress on December 20, 2017, this recent legislation, signed into law on December 22, 2017, is the most sweeping tax reform measure in over 30 years.

We understand how the new legislation fundamentally changes the Internal Revenue Code and how these changes may or may not upend the way businesses calculate their federal income tax liability. These changes create numerous tax planning opportunities and we welcome the opportunity to meet new customers and offer various year round tax planning and consulting services.

We understand that tax reform may be a lot to take in. So we’ve gathered these topics to help you

understand how the new law could affect you.

Tax Rates & Brackets

Most taxpayers will see lower rates
Highest rate drops from 39.6% to 37%
Bigger exemptions for Modified  Alternative Minimum Tax (AMT)

Businesses

(including self-employed)

New, 20% deduction for small businesses, including sole proprietorships and S corps
Increases the amount small businesses  can expense to $1,000,000
Corporate tax rate decreases from  35% to 21%

Home Mortgages

Mortgage interest paid on new loans deductible up to $750,000  (or existing loans up to $1,000,000)
Interest from home equity loans is no longer deductible