Tax Preparation in Abilene, TX
Individual and business tax preparation for Abilene small businesses and self-employed professionals. Flat-rate pricing, certified preparers, and year-round support.
Tax prep for Abilene individuals and businesses
Most Abilene small businesses overpay taxes — and don't know it
The average self-employed person in Texas misses $3,000–$8,000 in legitimate deductions every year. Not because they're dishonest — because they don't know what they're entitled to deduct, or they don't have the records to prove it. A qualified tax preparer who also manages your books doesn't just file your return. They find what you missed, structure your business correctly, and make sure you're not writing a bigger check to the IRS than you legally owe.
The Gap ProAdvisors prepares individual and business tax returns for Abilene-area clients. We're not a seasonal pop-up shop — we're a year-round bookkeeping and tax firm that knows your numbers because we've been tracking them all year. That means fewer surprises at tax time and more deductions found.
What we prepare
Tax preparation services we offer
Individual Form 1040
Federal and Texas personal income tax returns. Includes all schedules — Schedule C for self-employment, Schedule E for rental income, Schedule D for capital gains. From $350.
Schedule C (Self-Employed)
Sole proprietors and 1099 contractors. We maximize your deductions — home office, vehicle, equipment, professional fees, and more. Included with Form 1040 prep.
S-Corporation Return (Form 1120-S)
Federal S-Corp return plus Texas Franchise Tax. Includes K-1 preparation for all shareholders. From $1,200.
Partnership Return (Form 1065)
Federal partnership return plus Texas Franchise Tax. Includes K-1 preparation for all partners. From $1,200.
LLC Tax Return
Single-member LLCs taxed as sole proprietors (Schedule C), or multi-member LLCs taxed as partnerships (Form 1065). We advise on the right structure for your situation.
Texas Franchise Tax
Annual Texas Franchise Tax return for LLCs, S-Corps, partnerships, and other entities. Many Abilene business owners miss this filing — we make sure you don't.
Tax Planning
Mid-year and year-end tax planning to minimize your liability before December 31. Retirement contributions, equipment purchases, entity structure — we model the options.
Prior Year Returns
Behind on filing? We prepare prior year returns and help you get back into compliance. We also handle IRS notices and correspondence.
Don't leave money on the table
Deductions Abilene business owners commonly miss
Home office deduction
If you use part of your home exclusively for business, you can deduct a portion of rent/mortgage, utilities, and insurance. Most self-employed people either miss this or calculate it wrong.
Vehicle expenses
Business use of your personal vehicle is deductible — either actual expenses or the IRS standard mileage rate (72.5¢/mile Jan–Jun 2026, 76¢/mile Jul–Dec 2026). Proper mileage logs are required.
Self-employed health insurance
If you pay for your own health insurance, the premiums are 100% deductible as an above-the-line deduction — even if you don't itemize.
Retirement contributions
SEP-IRA contributions of up to 25% of net self-employment income (max $70,000 for 2026) are fully deductible. This is one of the most powerful tax reduction tools available to self-employed Abilene business owners.
Section 179 equipment deduction
Equipment, machinery, and certain software purchased for business use can be fully deducted in the year of purchase under Section 179, rather than depreciated over years.
Qualified Business Income (QBI) deduction
Most pass-through business owners (sole proprietors, S-Corps, partnerships) can deduct up to 20% of qualified business income. This deduction has complex rules — we make sure you're getting it right.
Pricing
Flat-rate tax preparation pricing
No hourly billing surprises. You know the cost before we start.
All prices are flat-rate estimates. Final quote provided after free consultation.
Common questions
Tax questions from Abilene business owners
Do I need to come to your office?
No. We're based in Buffalo Gap and serve Abilene clients entirely remotely. You upload your documents through our secure ShareFile portal, we prepare your return, and you review and sign electronically. The whole process is handled online.
What documents do I need to provide?
For most clients: prior year return, W-2s or 1099s, business income and expense records (or QuickBooks access), mortgage interest statement, property tax records, and any other income documents. We send you a detailed checklist after your consultation.
Can you help if I'm behind on filing?
Yes. We prepare prior year returns for clients who are 1–5+ years behind. We'll also help you understand your options for any penalties and interest that have accrued, and in some cases file for penalty abatement.
Do you handle IRS notices?
Yes. If you receive an IRS notice — a CP2000, audit letter, or balance due notice — we review it, advise you on the appropriate response, and handle the correspondence on your behalf.
What's the difference between tax preparation and tax planning?
Tax preparation is filing your return after the year ends. Tax planning is making decisions before December 31 that reduce what you owe. We offer both — and clients who do mid-year planning consistently pay less than those who only come to us at filing time.
Do you prepare Texas Franchise Tax returns?
Yes. The Texas Franchise Tax is required for most LLCs, S-Corps, and partnerships operating in Texas. The annual report is due May 15. Many Abilene business owners don't realize they owe it until they get a notice from the Texas Comptroller.
Based on 3 Google reviews
“Angela is superb! Knowledgeable with a great disposition. Super easy to work with, highly recommend.”
August 12, 2026 · via Google“I would highly recommend 2 R Management services! Angela is great. She is incredibly knowledgeable and always quick to answer questions. I am so glad we switched our business to them.”
July 21, 2026 · via Google“I have been with 2 "R" Management services around five years. Angela Rowe is the best at her job! Dedicated, Responsible and very attentive to our needs. If you're looking for a bookkeeper give her a call.”
July 3, 2026 · via GoogleMore services for Abilene businesses
Tax prep works best alongside clean books
Bookkeeping Services — Abilene, TX
Monthly bookkeeping, QuickBooks support, and payroll — all remote, all flat-rate.
View Bookkeeping ServicesTax Planning
Mid-year and year-end planning to reduce your liability before December 31.
View Tax Planning ServicesFree QBO Health Check
We audit your QuickBooks file for errors, miscategorizations, and missed deductions — free.
Claim yoursTax Deadline Emergency
Deadline coming and books aren't ready? We prioritize your file and work to your date.
Get help nowStop overpaying taxes — get a free consultation
We'll review your last return, identify what you may have missed, and give you a flat-rate quote for this year's filing.