Partner Spotlight: Tax Professional

Megan Steinfeld is an incredibly knowledgeable tax professional who understands tax season can be very overwhelming and stressful. She loves to share her expertise and services with her clients to help ease the pressure of taxes.

What services do you provide?

I'm an Enrolled Agent, a tax professional credentialed directly by the IRS, who specializes in tax preparation, planning, and resolution, especially for small businesses and independent contractors. Tax preparation is pretty self explanatory, and I work with individuals returns, partnerships, s-corporations, and non-profits most regularly. Tax planning can be any work looking forward toward your taxes, be it reviewing tax withholdings and W4 forms, to projecting self-employment income for estimated tax deposits, to timing account distributions, to planning for retirement income allocation to see how it will impact their taxes. Tax resolution is helping people with any issues they have with the IRS, be it an audit, a balance due, or past due returns. We can help get them caught up and get a game plan in place to stay ahead of it going forward.

What makes you stand out in your field?

I'm currently in my second term as the President of the Wisconsin Society of Enrolled Agents. I'm also a National Tax Practitioner Institute Fellow. Both of those are just evidence of my commitment to staying up to date and connected in the tax world. Things are changing all of the time and I pride myself on always being up to date, while still increasing my depth of tax knowledge.

Why do you enjoy your job?

I particularly love working with brand new business or rental owners who are a little overwhelmed at the prospect of filing their taxes. My goal is always to make the process as easy as possible, and make sure they understand what they're looking at on the tax return, and what that will look like in my future. When you're only doing taxes once a year, it makes sense they're stressful and overwhelming! I'm thinking taxes all year long, and am always happy to ease that burden.

What do you love to do in your free time?

In my free time, I'm an avid reader and spend a lot of time reading advance review copies of upcoming novels. I get a kick of maintaining the Little Free Library in my front yard, it's a great excuse to buy more books, which is really another hobby in and of itself. I love to travel and spend time with family, sometimes even at the same time!

If you are interested in learning more about how Megan and her business can help you with your taxes, you can reach out to her at: megan.steinfeld@gmail.com