Our Mission
Our mission is to provide our clients with personal, professional, and competitively priced income tax preparation and accounting services. We strive to understand the nature of our client’s businesses, their financial objectives ─ both immediate and future, and assist them to achieve their financial objectives by serving as their tax, accounting, and financial advisers. We believe that our success can be measured by the success of our clients.
Our Vision
Our vision is to be a reputable tax and accounting firm in Pennsylvania that is trusted by numerous and companies that have experienced our unparalleled service.
Our Company
TriFaith Tax Solutions, Inc. is a full-service tax and accounting firm that is committed to providing you with professional, personalized services and guidance for your various financial and business needs. Since our inception in 2004, we have been at the forefront of helping our clients manage their financial processes and optimize their business by offering them our extensive expertise in tax and accounting services for clients all over the United States.
Our Founder
The firm was founded in 2012 by Jimmy Owotomo, MS, MBA, FCA, CPA, CGMA. Prior to starting the firm, Jimmy had over 20 years of combined work experience in Accounting, Auditing, and Wealth Management with JP Morgan, The Siegfried Group LLP, WGS Wealth Managers, Aramark, Sun Oil and as Consultant with DuPont Co.
His Professional designations include:
- Member, American Institute of Certified Public Accountants
- Fellow, Nigeria Institute of Chartered Accountants
- Chartered Global Management Accountant
- Licensed to Practice before the Internal Revenue Service
Why Should You Choose Our Firm?
Sadly, preparing your own income tax return can be a challenge. According to a study released by the US Government’s General Accounting Office, most taxpayers said that they have benefited from getting the help of a professional tax preparer.
The current tax laws are so complex that filing even a simple return can be confusing. Oftentimes, you may overlook the deductions and credits to which you can be entitled to. Even if you have a software program for it, nothing can substitute the assistance of a tax expert.
Here’s what you can expect from our services:
- Our computer software program will check and recheck any potential problems the IRS may look at more closely. It will also review the math to limit IRS contacts.
- We will file your tax return electronically, so you can quickly receive your refund. Electronic filing is free for both federal and state tax returns.
- Our tax professional, who is knowledgeable in the current tax laws, will work with you in preparing your tax return. They will help you use all legally allowed tax-saving strategies, so you can minimize your taxes.
- Our firm is licensed to represent you before the IRS for audits or notice resolution.
- Our professionals can show you potential deductions to limit your tax liability for next year. Also, we can give you a sheet of the commonly overlooked deductions, so you can minimize your tax liability next year.
- You can count on our team to always be available for your tax or finance-related questions or concerns.
- We keep your privacy and security a top priority.
- Our firm specializes in assisting private individuals and new business start-ups. For businesses, we strive to help you start your business off on the right foot.
- We value the long-term relationships we have in our clients. That’s why we have a 99% retention rate within our firm. Our team never closes its doors when you need us for next year’s return.
Frequently Asked Question
Q: What items should be on hand when i am ready to file my taxes for next year?
A: Record-keeping is very important. Receipts and paperwork from years before should be preserved in case of an unfortunate audit. These are mostly picked at random by the IRS. That’s why you should always keep the following:
- Previous year’s tax return
- Forms 1099-Int, 1099-OID, and 1099-DIV for interest and dividends
- Forms W-2 for wages
- All information for sales of stocks or business assets
- Rental, business, and/or farm income and expenses summarized with totals
- Forms 1099-G for unemployment and other government payments
- Forms 1099-R for retirement distributions
- Specific categories of income and expense laid out on paper
- Schedules K-1 for partnerships, S corporations, estates, and trusts
- A complete listing of all sources of taxable and nontaxable income
- All receipts for expense matters listed below:
- Childcare expenses
- Real estate taxes
- Home mortgage interest
- Charitable contributions
- Employee business expenses
- Medical and dental expenses
- All other deductible expenses
Get in Touch
If you want to know more about the services we provide, don’t hesitate to give us a call or send us a message.