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Grace Magoon, EA

Accountant

5.0(3 Google reviews)
Boston, MA 02128
IRS-Verified Enrolled Agent

Mp & Co Tax & Financial Services

Specializes in

BookkeepingTax Preparation

Languages

English

Estimated Tax Prep Pricing in East Boston

Individual 1040

$300$500

1040 + Self-Employment

$500$800

Business Return

$750$1,400

AICPA national averages — East Boston hasn't published exact rates. Get a personalized quote for accurate numbers.

About Grace Magoon

Grace Magoon, EA operates from Boston, MA 02128 in East Boston, Massachusetts. The firm is registered with the Massachusetts Board of Public Accountancy. As an Enrolled Agent, the practice is licensed by the U.S. Department of the Treasury to represent taxpayers before any IRS office — including audits, collections, and appeals — a credential that requires passing the three-part Special Enrollment Examination and 72 hours of continuing education every three years.

Reported areas of practice include Bookkeeping, and Tax Preparation. On Google Business Profile, the firm is categorized as an accountant. Public Google reviews show a 5-star rating across 3 ratings.

For taxpayers in East Boston, the firm handles federal Form 1040 returns, Massachusetts state income tax filings, and supporting schedules for self-employment, investment income, and rental property. Common engagements at this credential level also include estimated tax planning, prior-year amended returns, and IRS notice response.

More about Grace Magoon

Mp & Co Tax & Financial Services is a firm situated in East Boston, Massachusetts, providing focused assistance with tax and financial requirements for individuals and businesses. The firm's operations are guided by the expertise of an Enrolled Agent (EA). An Enrolled Agent is a federally authorized tax practitioner, empowered by the U.S. Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS). This credential reflects a deep understanding of tax law and a commitment to professional standards in tax matters. Mp & Co Tax & Financial Services is dedicated to offering reliable and clear support, helping clients navigate the often-complex landscape of tax regulations and financial record-keeping. The firm strives to deliver professional and accessible services to the East Boston community and surrounding areas, ensuring clients receive practical guidance for their tax and financial planning. This approach helps clients maintain compliance and make informed decisions regarding their financial responsibilities.

Services Grace Magoon offers

Mp & Co Tax & Financial Services specializes in two core areas: Bookkeeping and Tax Preparation. For Bookkeeping, the firm provides essential services to help businesses maintain accurate and organized financial records. This involves recording financial transactions, managing ledgers, and reconciling accounts. Proper bookkeeping is fundamental for understanding a business's financial health, making informed decisions, and ensuring readiness for tax season. The firm assists clients in establishing efficient systems for tracking income and expenses, which can simplify financial management throughout the year. Accurate records are also crucial for compliance and can prevent potential issues during audits. In Tax Preparation, Mp & Co Tax & Financial Services leverages the expertise of an Enrolled Agent to prepare and file various tax returns. This includes individual income tax returns, as well as business tax returns for different entity types. The firm focuses on ensuring accuracy and compliance with current tax laws and regulations. Clients receive assistance in gathering necessary documentation, understanding applicable deductions and credits, and submitting their returns correctly and on time. The goal is to help clients meet their tax obligations while identifying legitimate opportunities within the tax code. The firm aims to simplify the tax filing process, providing peace of mind to individuals and business owners.

Areas served

East Boston, MAChelsea, MARevere, MAEverett, MAWinthrop, MAMalden, MA

Frequently Asked Questions

What is an Enrolled Agent (EA) and how does it benefit me?

An Enrolled Agent is a federally authorized tax practitioner licensed by the U.S. Department of the Treasury. This credential means Mp & Co Tax & Financial Services is qualified to represent taxpayers before the IRS for tax matters, offering a high level of expertise in tax law.

What types of tax preparation services does Mp & Co Tax & Financial Services offer?

We provide comprehensive tax preparation for individuals and businesses. This includes preparing and filing various federal and state income tax returns, ensuring accuracy and compliance with current tax regulations.

Can Mp & Co Tax & Financial Services help my business with its day-to-day financial records?

Yes, our bookkeeping services are designed to help businesses maintain accurate and organized financial records. We assist with recording transactions, managing ledgers, and reconciling accounts to support informed decision-making and tax readiness.

How do I get started with Mp & Co Tax & Financial Services?

You can contact our East Boston office to discuss your specific tax or bookkeeping needs. We will outline the necessary steps and information required to begin assisting you.

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Data sourced from Massachusetts Board of Public Accountancy. Profile not verified by TaxScout.

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