Fountainhead Tax LLC is a tax preparation service in Charleston, SC. The firm assists clients with complex tax matters, including required minimum distributions from qualified retirement plans, IRAs, and annuities. The service also covers the simplified safe harbor method for home office deductions and tax-free charitable distributions from IRAs for individuals aged 70 ½ and older. Additionally, the firm advises on substantiating business vehicle use and identifies deductions and credits available to SC taxpayers, such as those related to home insurance premiums. Fountainhead Tax LLC holds a 5.00 rating based on 3 reviews. The business acknowledges Charleston’s recognition of its services, having been voted the Winner of Charleston's Choice Tax Preparation Company for 2017 in a poll conducted by The Post & Courier. Despite such accolades, the firm maintains its approach to helping clients. It keeps clients informed regarding developing tax issues and new IRS regulations. The team provides detailed information on tax code applications, including how to substantiate deductions for vehicle use through records of date, mileage, and purpose. It also explains that while no tax deduction is allowed for the value of volunteer services, out-of-pocket costs may be deductible. Fountainhead Tax LLC is known for its positive rating from the customers who have reviewed it. This standing reflects the satisfaction of clients who rely on the firm for accurate and timely tax preparation and advisory services in the Charleston area. Fountainhead Tax LLC brings its expertise in tax preparation and client education to Charleston, SC, earning a strong reputation among local residents.
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