Tax Preparation
Tax Representation

Tax Resolution – Tax Planning – Tax Accountant

We Make Tax Time Less Taxing

Tax Planning & Savings

We work with you all year to make sure you pay as little tax as possible, so you can invest your income in retirement, education, or other ways. Our tax experts analyze and solve tax problems for you.

Integrity & Responsibility

We appreciate and highly value your trust in us. We are open all year, providing paperless options, and we maintain the highest standards for services while maintaining client confidentiality.

Peace of Mind for the Future

You can stop fearing notices from the IRS or state revenue department. We help you with the tax agencies through personal and business tax planning. We work to maintain your finances in top condition.

What we Do

Get The Tax Relief and the Peace of Mind You Deserve

Tax Preparation

Get treated like a person who matters with a focus on your individual needs. Take advantage of a federally licensed tax professional with years of experience in individual and business tax preparation.

Tax Resolution

Do you have any unfiled tax returns or owe back taxes? Our tax resolution service will repair or prepare your taxes, represent you before the IRS, and help you get tax relief with the IRS, freeing you from all the stress.

What is Tax Preparation?

Tax preparation is the process of organizing and filing tax returns in compliance with regulations. It involves gathering and accurately documenting financial information to ensure the correct calculation of taxes owed or refunds due.

Attention to detail and adherence to tax laws are essential aspects of successful tax preparation.

Importance of Accurate Documentation

Precision and thoroughness in gathering and organizing financial records are essential components of effective tax preparation services. Accurate documentation is crucial for maximizing tax deductions, ensuring compliance with IRS regulations, and facilitating tax refund services.

A meticulous approach to record-keeping can help individuals and businesses avoid penalties or audits, making it imperative to seek a professional tax preparer near me for expert guidance. Detailed documentation not only simplifies the tax filing process but also provides valuable IRS tax help in case of inquiries or disputes.

Roles and Responsibilities of a Tax Preparer

The roles and responsibilities of a tax preparer encompass a range of crucial tasks. These include:

  • Gathering detailed financial information from clients
  • Conducting thorough tax interviews and consultations to ensure accuracy
  • Performing intricate tax calculations and analysis to determine the correct tax obligations

Tax preparers must navigate complex tax laws and regulations while upholding professional standards to provide clients with comprehensive and compliant tax services.

Gathering Financial Information from Clients

To effectively fulfill their role as tax preparers, professionals in this field must meticulously gather and analyze the financial information provided by clients. A licensed tax preparer, also known as a tax accountant or tax advisor, plays a crucial role in ensuring accurate tax returns. When gathering financial information, the tax preparer typically requests documents such as W-2 forms, 1099s, receipts, and any other relevant financial records.

It is essential for the tax preparer to pay attention to detail and ask probing questions to uncover all possible deductions and credits for the client. This process requires a high level of professionalism, confidentiality, and adherence to tax laws to provide clients with the best tax preparation service possible.

Conducting Tax Interviews and Consultations

During tax interviews and consultations, a tax preparer assumes the responsibility of meticulously assessing a client’s financial information to provide accurate and beneficial tax advice. This process involves evaluating the client’s income sources, deductions, investments, and other relevant financial details.

A registered tax return preparer must stay updated on the latest tax laws and regulations to offer informed tax planning advice. Additionally, they should be prepared to address any questions or concerns the client may have regarding tax filing assistance.

When searching for a tax preparation service near me, individuals in the United States should prioritize finding a qualified and experienced professional who can guide them through the complexities of tax preparation with precision and efficiency.

Performing Tax Calculations and Analysis

Upon completing the tax interviews and consultations, a tax preparer undertakes the critical role of performing thorough tax calculations and analysis to ensure accurate and compliant tax filing for the client. This process involves meticulously reviewing the client’s financial documents, including receipts, W-2 forms, 1099s, and other relevant information.

The tax preparer applies their expertise in income tax preparation to maximize tax deductions and credits while ensuring adherence to tax laws and regulations. Utilizing specialized software for tax return preparation and online tax filing, the preparer accurately computes the client’s tax liability or refund.

Additionally, the tax preparer conducts in-depth analyses to optimize the client’s tax situation, providing valuable insights and recommendations for future tax planning strategies.

Benefits of Using a Licensed Tax Preparer

Utilizing a licensed tax preparer offers the advantage of tapping into their specialized knowledge of tax laws and regulations, ensuring accurate and compliant tax filings.

Moreover, by entrusting your taxes to a licensed professional, you significantly reduce the likelihood of errors and mitigate the risk of being subjected to audits.
Additionally, licensed tax preparers can provide valuable insights into tax planning strategies and optimization techniques, helping you make informed financial decisions.

Expertise in Tax Laws and Regulations

Navigating the intricate landscape of tax laws and regulations requires a keen understanding and expertise that a licensed tax preparer can provide. When dealing with income tax, individuals often face complexities such as filling out IRS tax forms correctly, ensuring eligibility for tax credits, and maximizing their tax refund.

An expert in tax laws and regulations stays updated on the latest changes, deductions, and credits, which can significantly impact a taxpayer’s financial standing. Moreover, their in-depth knowledge allows them to identify potential areas for savings and ensure compliance with all legal requirements.

Minimizing Errors and Audit Risks

With the expertise of a licensed tax preparer, individuals can significantly reduce errors and mitigate audit risks when filing their taxes. Licensed tax preparers possess in-depth knowledge of tax laws, regulations, and deductions, ensuring accurate tax returns.

By entrusting their tax preparation to professionals, individuals minimize the chances of errors that could trigger IRS audits. Unlike using software like TurboTax or TaxAct, which may not offer the same level of personalized guidance and assurance, licensed tax preparers provide tailored advice specific to each taxpayer’s situation.

Additionally, tax preparers can assist in utilizing IRS e-file services correctly, further reducing the likelihood of errors. Overall, leveraging the expertise of a licensed tax preparer offers peace of mind and a higher level of accuracy in navigating the complex landscape of income tax in the United States.

Access to Tax Planning and Optimization Strategies

Having established the importance of minimizing errors and audit risks through the expertise of licensed tax preparers, it is now essential to shift focus towards understanding the benefits of accessing tax planning and optimization strategies with their assistance.

Licensed tax preparers provide valuable insights into tax planning strategies tailored to individual financial situations. They can offer guidance on various aspects such as optimizing deductions, managing investments for tax efficiency, and navigating complex tax laws related to property tax. Additionally, they can advise on optimizing tax implications for insurance, loans, and even sales tax considerations.

Choosing the Right Tax Preparation Service Provider

Selecting the most suitable tax preparation service provider is a critical decision that requires thorough consideration of various factors. When choosing the right tax preparation service provider, it is essential to assess your income complexity, as this will help determine the level of expertise required.

Pricing is another crucial aspect to evaluate. Compare the pricing structures of different providers to ensure you are getting a fair deal. Additionally, check if the provider offers free file options, which can help you save money on preparation costs.
Consider the reputation and experience of the service provider to ensure they can handle your tax needs effectively. By carefully analyzing these factors, you can make an informed decision when selecting a tax preparation service provider.

Maximizing Your Tax Refund

To maximize your tax refund, it is imperative to strategically leverage available deductions and credits tailored to your financial situation. Start by ensuring you claim all eligible deductions, such as those for education expenses, charitable contributions, and medical costs.

Additionally, explore tax credits like the Earned Income Tax Credit or the Child Tax Credit, which can directly reduce the amount of tax you owe. Understanding your gross income and adjusted gross income is crucial in identifying potential tax breaks.

Consider utilizing tax preparation software like Intuit or seeking assistance from professionals at your national bank to navigate complex tax laws and optimize your refund. By proactively exploring these avenues, you can potentially increase your tax refund significantly.

We believe “Financial Success” shouldn’t be just for the rich and famous

You don’t have to be a celebrity to reap the benefits of financial security and protecting your hard earned money. Cash Tracks Colorado Springs and Cash Tracks Financial Inc. perform the background work for your financial well-being and helps you reach your goals faster.  We employ simple, yet highly intelligent financial solutions to ensure your important financial needs. We provide tax preparation, tax filing, tax representation, tax planning, tax remediation, tax relief, tax audit, and accounting services.

About Cash Tracks Financial

We  feel your taxes are only part of your overall financial picture. Cash Tracks Financial Colorado Springs and Cash Tracks Financial Inc provides you with professional assistance to reduce your taxes, plus streamline your accounting and provide expert financial management. The result of this hard work is you being happier and improving your financial situation every year.

Cash Tracks Financial Colorado Springs and Cash Tracks Financial Inc. provides accurate and professional tax preparation, tax tax representtion, and tax consulting services. We’ve been in business since  1987 and in 2004, Marcelino Dodge became the owner of Cash Tracks Financial Inc. and Cash Tracks Colorado Springs. Our goal is to build a relationship with you by providing 5 Star services with advise, guidance and support for your specific situation. We always focus on providing service tailored to your needs as an individual.  We make every effort to be flexible, as well as accessible, and personal to provide the best possible service.

Cash Tracks Financial Inc. BBB Business Review

"When we reorganized our business two years ago Marcelino was there to help us all the way. He helped us set up all of our accounts and takes care of our payroll every week. His expertise in tax preparation has put my mind at ease. I”m not sure what we would have done without his guidance throughout this whole process. Marcelino is knowledgeable and honest and we look for to doing business with him for years to come"

Carol Beakley

Lamar, CO

"I’ve worked with Marcelino for many years. His professionalism and dedication to making sure our needs are met is outstanding. He is always available, returns phone calls and emails quickly, and never fails to give useful and helpful answers! I would highly recommend his services!"

Brad Simon

Holly, CO

Our Founder

Marcelino Dodge, EA, CTRC

An Enrolled Agent, a federally licensed tax professional, is experienced in income tax preparation, accounting, and payroll services. He is dedicated in providing you with quality, guaranteed accurate tax returns and accounting services. His goal is to provide guidance for his clients to make informed financial decisions.

Whether you are start-up business owner or a seasoned business owner, we are experienced in bookkeeping, payroll, and compliance services. We assist many business owners of all types including sole-proprietors, LLC’s, Partnerships, S-Corporations, and C-Corporations.  As a client, you can log in to our cloud-based accounting program to review documents and check on your financial situation.

We protect client data by only accepting information through fax, mail, drop-off, and the client portal. Client information is stored and available for client access through the secure client portal.

Both individuals and businesses benefit from year around tax planning, accounting, and payroll services. In Colorado Springs, Call (719) 359-8789 and in Lamar Call (719) 336-8739.

Contact Us

When you need help to prepare your tax return or to solve your tax issues contact Cash Tracks Financial Inc., serving Colorado Springs, Colorado and Lamar, Colorado.

Colorado Springs CALL: (719) 359-8789 TOLL FREE: (844) 394-4287 FAX: (719) 336-8799

Lamar CALL: (719) 336-8739 TOLL FREE: (844) 394-4287 FAX: (719) 336-8799

117 W Beech St, Lamar, CO 81052, USA

525 N Cascade Ave, #200, Colorado Springs, CO 80903 USA