Information
Find answers to frequently asked questions about our tax services at Lorenzo Tax & Consulting Services. We've compiled this resource to provide clarity and guidance, helping you understand our processes and how we can assist with your tax needs.
Frequently asked questions
We understand you have questions about tax preparation, and we're here to help. Browse our FAQs to learn more about our services, what to expect, and how we stand out from the competition. If you don't find what you're looking for, feel free to contact us directly.
What services do you offer?
We provide personal and small business tax preparation, self-employed and independent contractor filings, IRS compliance support, and tax consulting services. We also assist with business returns for LLCs, partnerships, and S-corporations.
Are you licensed or certified?
Yes. Lorenzo Tax & Consulting Services is operated by a credentialed tax professional with an active EFIN, PTIN, and CTEC registration, ensuring compliance with IRS and California regulations.
Do you offer remote or virtual tax preparation?
Yes. We offer secure remote and virtual tax services for clients throughout California, allowing documents to be submitted electronically and meetings to be conducted online or by phone.
How much do your services cost?
Pricing depends on the complexity of your return. We offer transparent pricing and review fees before work begins so there are no surprises.
Will I actually understand my tax return?
Yes. We take an education-first approach, explaining what is being filed, why it matters, and how it affects your financial future—so you’re never left guessing.
What documents do I need to get started?
Required documents vary by client, but typically include photo ID, prior-year tax returns, income documents (W-2s, 1099s), and applicable expense records. A detailed checklist is provided during onboarding.
How long does the tax preparation process take?
Turnaround time depends on return complexity and how quickly documents are provided. Most individual returns are completed within a reasonable timeframe once all required information is received.
Do you help self-employed individuals and small businesses?
Absolutely. We specialize in supporting self-employed individuals, 1099 workers, and small business owners, including Schedule C, LLC, partnership, and S-corp returns.
Can you help if I owe taxes or have IRS concerns?
Yes. We assist with IRS compliance guidance, understanding notices, and next-step planning to help clients stay on track.
Do you provide year-round support?
Yes. We are not just seasonal tax preparers. Clients can reach out year-round for tax questions, planning, and consulting support.
Beyond the numbers
Have more questions? Contact Lorenzo Tax & Consulting Services today to learn more about how we can help you with your tax preparation and consulting needs. We're here to provide clarity, guidance, and peace of mind.