Tax Preparation & Tax Planning

Welcome!

We Are Still Your Lifetime Tax Professionals!

- Business, Self-Employment, & Personal Taxes -

Accurate. Reliable. Personalized.

At ElitaPeak Financial, we believe tax preparation is more than filing forms. It's about helping you understand your financial picture while ensuring you receive every deduction and credit you're legally entitled to. Whether your tax return is simple or complex, we provide accurate preparation, electronic filing, and year-round support. We pride ourselves on transparency and are committed to helping you achieve your financial goals without the worry of compliance scrutiny. Let us help you navigate your taxes with confidence!

Tax Preparation Services

We offer tax refund advances through 2/28 and the option to pay preparation fees with your tax refund when qualified. We also provide audit assistance and paid referral opportunities, helping clients access valuable financial services and support all in one place.

*FREE ESTIMATES ARE NOT OFFERED!*

GET PAID up to $50 per Paid Referral

$25 for Individual Return referrals or get paid $50 per Business tax return Referrals. They must be new to LTP & not owing the IRS or can fulfil any fees in full.

TAX REFUND ADVANCE LOAN

Get some or all of your tax refund earlier. Most People Qualify. No Need to wait.

Ends February 28th.

Pay NOTHING UP FRONT

Yes, you can pay all fees with your tax refund, if qualified. If you exempted & will not get a refund, have unfiled tax returns, or is owing the IRS you may not qualify.

Audit PRO Assistance

If you receive a notice, ! We have partnered with Refundo's Audit Pro to provide protection in the event of an audit.
Extra fees will apply.

Tax Preparation = Reporting what already happened.

Tax Planning = Planning ahead to improve next year's tax outcome.

***NEW TAX DEDUCTION THAT CAN INCREASE YOUR REFUND OR LOWER TAX BILL***

New Deduction

"Car Loan Interest"

Taxpayers who purchased a new vehicle with an auto loan in 2025 may be able to deduct up to $10,000 in interest paid, as long as the car was assembled in the U.S. and weighs under 14,000 pounds. The deduction phases out if the taxpayer’s MAGI exceeds $100,000 ($200,000 for joint filers) and disappears at $150,000 ($250,000 for joint filers). The new deduction is available whether the taxpayer itemizes or takes the standard deduction, but only for tax years 2025 through 2028.

New Deduction

"No Tax on Overtime"

Under the temporary "No Tax on Overtime" provision in the One Big Beautiful Bill Act, eligible workers can deduct up to $12,500 ($25,000 for joint filers) of qualified overtime pay from their taxable income. This deduction applies specifically to the premium "half" portion of your time-and-a-half compensation.

New Deduction

"No Tax on Tips"

Tipped workers in IRS-approved fields can deduct up to $25,000 of qualified tip income from their federal taxable income. This deduction phases out for single filers with a Modified Adjusted Gross Income (MAGI) over $150,000 (and over $300,000 for joint filers).

⬇️TAX PREPARATION PROCESS⬇️

Step 1. FIRST, complete the following forms:

"General Tax Information Form," which allows LTP to understand more about your tax situation, and we can collect the required information to accurately prepare your tax return.

Step 1A. If applicable, complete this form ALONG WITH step 1:

"Self-Employed Tax Information Form" to gather self-employment information (if you were self-employed, started a business, or participated in ridesharing last year).

Step 2. SECOND, download the "Taxes to Go" Mobile App to:

Upload your documents
Communicate with your tax preparer
Sign off on all tax documents

Once the required forms are filled out and the uploaded documents have been submitted, your tax return will be fully complete within 48 hours, depending on the complexity of your tax situation. You will receive your results in the mobile app or by email (depending upon your tax situation). If necessary we can schedule a call by video chat or phone call to go over your tax return.

Business & Self-Employment Taxes

Click below for business tips, news, preparation, planning. We will take care of you. We GUARANTEE ACCURACY!

Self-Employed Taxes | Business Taxes

Individual Taxes

Click below for all things personal or individual tax-related. Find out what credits, deductions, and documents are needed.

Individual Taxes

DOCUMENTS REQUIRED TO FILE

Tax Planning (Changes)

Tax planning is creating a strategy before tax season to help you keep more of your money. Instead of reacting when it's time to file your taxes, we make financial decisions throughout the year that can reduce your tax bill, increase deductions and credits, and help you avoid costly surprises.

LEARN MORE HERE!

TAX TIPS & HIGHLIGHTS:

These tips are designed to help you better understand your taxes and finances, so you can stay ahead and avoid unnecessary stress.

Tip 1: Check Your IRS Account Balance Before Filing
Knowing your IRS account balance before filing your taxes is crucial. It helps your tax professional provide an accurate estimate for any potential payments or refunds and ensures you're fully informed about your standing with the IRS. This simple step can give you peace of mind and help prevent surprises later.

Tip 2: The IRS Tracks All Your Tax Documents
The IRS maintains detailed records of all your tax documents, including W-2s, 1099s, 1098s, 1095s, and more. They also track information about your credit cards, mortgage payments, student loans, and other financial data. Avoiding filing can lead to bigger problems—stay proactive, ensure everything is accurate, and keep your tax information up to date!

Worried About Audits?

PROTECT YOUR TAX RETURN AGAINST AUDITS!

Refundo is our premier partner for tax audit defense

and identity theft restoration.

If you receive a tax notice from the state or IRS, you can rest assured that you'll have an experienced team on your side.

Common Tax Situations

Exemptions:

Claimed Exempt? Here’s What You Need to Know
If you claimed exempt and now face a tax bill or low refund, it’s important to understand why.
TIP: Only file exempt if you truly qualify—filing incorrectly can lead to penalties. Self-employment or business income may help offset what you owe. Review your situation carefully to ensure accurate filing. Need guidance?

Unfiled Tax Returns:

Tax Evasion is Illegal
Filing your taxes is a legal obligation if your annual income exceeds the required threshold. Avoid unnecessary consequence
TIP: To prevent costly late filing penalties and accumulating interest, file your taxes promptly if you owe. If you're entitled to a refund, remember you have up to 3 years to claim it before it is forfeited.
Don’t delay, take action today to stay compliant and protect your financial future!

Audits & Reviews

Facing an Audit? We Can Help! Audits can be overwhelming, but we’re here to assist in most cases.
TIP: Start by gathering all relevant documents, including personal records, receipts, and government forms.

How To Check Tax Refunds

Federal Refund Status

Click Picture to Check Your refund Status. You Will Need:

Social Security Number
Filing Status (Single, HOH, MFJ,ect.)
Refund Amount (Example: $2500)

Georgia Refund Status

Click Photo. It may take up to 90 days from the date of receipt by DOR to process & issue a refund.

All first-time Georgia income tax filers, or taxpayers who have not filed in Georgia for at least 5 years, will receive a paper check.

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