Linda D. Cosgray, Inc. provides a wide range of tax services tailored to individual and business clients.
Services include tax planning, preparation, IRS representation, estate & trust tax preparation, business entity selection, past year tax return preparation, and personalized consulting for both business and personal tax matters. The firm leverages expertise and up-to-date tax law knowledge to minimize tax liabilities and offers flexible appointment options including in-person, Zoom, and telephone consultations. Clients can securely access their tax documents via Revver, a secure online portal.
Enrolled Agent representation
Comprehensive tax planning software
Secure Revver portal for document sharing
Services
Tax Planning
Utilizes current tax law developments to minimize current and future tax liabilities.
Personalized strategySoftware-assisted planning
Tax Preparation
Accurately and efficiently prepares returns for various entities, most filed electronically.
Electronic filingSupport for multiple entity types
IRS Representation
Enrolled Agent provides representation before IRS and other tax agencies.
30+ years of experienceFellow of National Tax Practice Institute
Estate & Trust Tax Preparation
Prepares fiduciary tax returns for federal and state requirements.
Comprehensive fiduciary support
Business Entity Selection
Assists in evaluating entity types (e.g., S corporation, LLC) for optimal tax implications.
Proactive analysisTax strategy integration
Past Year Tax Return Preparation
Assists clients in filing returns for prior years.
Comprehensive reviewAccuracy assurance
Credentials & Certifications
Enrolled Agent
Since 1985
Fellow of National Tax Practice Institute
Since 2011
Reviews
Rating
5
★★★★★
Reviews
5
"She is the best tax preparer."
Frequently Asked Questions
How do I value clothing and household goods for charitable donations? +
The deduction amount is generally the fair market value (FMV) of the property at the time of contribution. For used clothing and household goods, the FMV is typically the price a buyer of used items would pay at a thrift shop or consignment store. Items must be in 'good' or better condition. If the FMV exceeds $5,000, an appraisal by a qualified appraiser is required.
What is the benefit of timing the sale of assets with capital gains and losses? +
By selling assets with capital gains in one year and those with capital losses in the following year, taxpayers can reduce their taxable income in the year of the loss and potentially lower overall tax liability. For example, realizing a $6,000 capital loss in one year and a $6,000 capital gain in the next can result in a net tax reduction of $1,200 by shifting the timing of sales.
5.0
