Welcome to ARC Tax Services

At ARC Tax Services, we specialize in tax preparation and planing. Our team is dedicated to providing reliable and professional service.

Services

Frequently Asked Questions

What documents do I need to prepare for my tax appointment?

 

PERSONAL/ SELF EMPLOYED TAXES 

  • IDs for family and dependents 
  • Tax return 
  • W2s 
  • 1099s
  • Reciepts for all work expenses 
  • Student tuition and fees information 
  • Students loan and interest information 
  • Investment earnings information 
  • Real estate earnings /taxes information
  • lottery winnings
  • Any additional applicable documentation 

 

BUSINESS TAXES : 



  • Identification information both personal and for business
  • Tax return
  • Financial statement
  • Relevant tax forms
  • Capital-asset activity
  • Business loan information
  • Income records
  • Expense records
  • Potential deductions
  • Payroll information
  • Inventory information
  • Investment Information
  • Mortgage interest and property taxes

 

 

 

 

 

Do I file taxes if I live outside of the USA?

YES!! 
As a U.S. citizen or resident living or traveling outside the United States, you generally are required to file income tax returns, estate tax returns, and gift tax returns and pay estimated tax in the same way as those residing in the United States. Because of this, when a US citizen moves to another country with an income tax, they will have to report their income to both governments and face double taxation. 

This applies to “accidental Americans” as well. For example, if you were born to at least one US citizen parent living abroad—thus becoming an automatic US citizen yourself— you would still be required to file a Federal Tax Return with the IRS

How do we avoid this? 

Of all the options for avoiding US double taxation, the most reliable is the Foreign Tax Credit. In fact, this credit was instituted for the sole purpose of warding off double taxation for Americans living abroad. 

If you qualify for the Foreign Tax Credit, the IRS will give you a tax credit equal to at least part of the taxes you paid to a foreign government. In many cases, they will credit you the entire amount you paid in foreign income taxes, removing any possibility of US double taxation. 
However many other options exist We are here to help you find the right ones for you're situation. 

 

when does the IRS start accepting returns ?

The Internal Revenue Service  announced Jan. 2, 2025, as the official start date of the nation's 2025 tax season when the agency will begin accepting and processing 2024 taxes 

April 15, 2025 is the official tax deadline except for those who filed for extensions. 

“I was amazed at how much I saved with ARC Tax Services! Their team is knowledgeable and truly cares about their clients. I will definitely return next year.”

[Tiffany williams]

Contact us

Feel free to reach out to us with any questions or to book your appointment!

Location

ARC Tax Services
Malden, Massachusetts, United States

About us

ARC Tax Services is your trusted partner in tax preparation located in Malden, Massachusetts. Our team of dedicated professionals is committed to delivering reliable and high-quality tax services to individuals and businesses alike. We understand that taxes can be overwhelming, which is why we strive to make the process as smooth and stress-free as possible. Our focus is on maximizing your refund through integrity and professionalism. Whether you need help filing your personal taxes or navigating business tax obligations, we are here to assist you every step of the way. At ARC Tax Services, we pride ourselves on our customer-centric approach, ensuring that each client receives personalized attention and tailored solutions.