Katy Income Tax Svc. (KITS)

Located in the Vineyard Meadow subdivision between Fry and Mason, north of Clay Road.

WELCOME! This new website underscores my commitment to helping people do their tax returns.

A WORD OF CAUTION: Tax minimization, while complying with tax laws, is entirely legal. Tax evasion, resorting to cheating and fraud, is absolutely illegal and the consequences are severe. At Katy Income Tax Services, we know the difference. I subscribe to the IRS Code of Ethics promulgated in Circular 230. I work for you to minimize taxes and sleep peacefully at night.

Please check out the other tabs on this website: 1040 Tax Tips, Small Business Taxation, 1040 Personal Taxation, Pricing, and Contact Us. Notice the US and Spanish flags enabling bilingual browsing.

Taxation constantly changes. Even with a high degree of literacy, two accounting degrees, and decades of experience as a CPA (a long time ago when I lived in Florida) and as an Enrolled Agent, I still find taxes difficult. The rules and the software change every year. I once had a tax professor at NYU tell the class “Taxes are more difficult than physics because physics never changes.”

Taxes get more restrictive every year. Our ability to maneuver within the Internal Revenue Code and new regulations gets more restricted with constant advances in IRS computer efficiencies. To me, tax work is an art form complicated by choices, strategies, risks, and the most interesting clients.

Before you get angry with the IRS and its employees, please remember that they are doing the work of collecting taxes mandated by Congress – our elected officials. The IRS has tried to enforce a high standard of professional competence among tax preparers without a great deal of success because of lobbyists.

The AFSP. I am part of that small group of tax preparers who have demonstrated competence through testing (August 2017) during the new Annual Filing Season Program (AFSP) IRS requirement that started in 2016. If you want to know if your preparer has met the annual continuing education requirements, go online to the IRS Directory of Federal Tax Return Preparers. Ask them how many tax classes they took over the past year.

To be listed a preparer must have:

  • (1) A current Preparer Tax Identification Number (PTIN - before a PTIN is granted, a tax preparer must pass an IRS suitability check which includes an FBI criminal investigation and a credit check).
  • (2) Complete the IRS Annual Filing Season Program (AFSP) of continuing education, and
  • (3) Agree [after passing a two-hour ethics exam] to abide by the IRS Circular 230: Regulations Governing Practice before the Internal Revenue Service which sates:
    Before admitting a representative to practice, require that the representative demonstrate:
    • (A) Good character;
    • (B) Good reputation;
    • (C) Necessary qualifications to enable the representative to provide to persons valuable service; and
    • Competency to advise and assist persons in presenting their cases.

Please follow this advice https://www.irs.gov/tax-professionals/choosing-a-tax-professional

James V. Cannon
Semper Fi

PS: I’m looking for a few good men and women who meet the above qualifications.