Individual Tax Returns for Owners, Investors, and Royalty Holders

Most tax software does a fine job with a W-2 and a mortgage. It struggles the moment a return picks up a Schedule C, a stack of K-1s, a rental, or royalty checks from three different operators. Those are the returns we prepare: personal returns where the income comes from several places and the pieces have to reconcile. Every return is prepared and reviewed personally by a CPA, and we set next year's estimates before we file this one.

Who this is for

Our individual clients are W-2 earners who also run a side business, physicians and practice owners whose returns carry K-1s from the practice and from investments, landlords with one rental or a dozen, and mineral and royalty owners with 1099-MISC and 1099-NEC income from several operators. Many also hold brokerage accounts, stock compensation, or a partnership interest from a syndication. If your return has outgrown software, or your preparer has stopped asking questions, this is the service for you.

What's included

• Form 1040 with every schedule your situation requires, including Schedule C (business income), Schedule E (rentals, royalties, and K-1s), Schedule D (capital gains), and Schedule SE (self-employment tax).
• K-1 reconciliation: basis tracking, passive activity treatment, and the state filings each K-1 triggers.
• Depletion on royalty income, with the percentage and cost depletion comparison run every year.
• Rental depreciation schedules, including review of prior-year depreciation and repair versus improvement treatment.
• A quarterly estimated payment schedule for the coming year, with vouchers or payment instructions.
• Texas and multi-state filings when royalties, rentals, or work cross state lines.
• Prior-year return review on request, with amended returns when we find money left on the table.
• E-file for federal and state returns, with copies delivered through our secure client portal.

How it works

1. Upload your documents to the client portal. We send a checklist tailored to your sources of income, and the portal accepts photos, PDFs, and spreadsheets.
2. Alex prepares and reviews the return personally. We reconcile every source of income to its form, ask about anything that doesn't tie out, and look for the deductions and elections software skips.
3. Review call, e-file, and next year's estimates. We walk you through the return before anything is filed, e-file once you approve, and send your quarterly estimate schedule so the coming year holds no surprises.

Frequently asked questions

What do I need to send you?

Your prior-year return, every W-2, 1099, and K-1 you received, closing statements for any property bought or sold, and a summary of income and expenses for each business or rental. If you aren't sure whether something matters, upload it anyway; it is faster for us to set a document aside than to chase one in April.

Can you amend a prior-year return?

Yes. Returns can generally be amended for three years from the original filing date. We review prior returns on request, and when we find a missed deduction, depletion that was never claimed, or depreciation that was set up incorrectly, we prepare the amended federal and state returns.

Do you handle other states?

Yes. Texas has no personal income tax, but royalties, rentals, K-1s, and work performed elsewhere often create filing requirements in states that do. We prepare the nonresident returns, track the credits between states, and plan withholding so you aren't surprised by a balance due.

When should I start?

As early as your documents allow, and before year-end if you want to change the outcome. Most 1099s and K-1s arrive between late January and mid-March; new clients who reach out in the fall give us time to review prior returns and set estimates before the filing season starts.