About Us

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Mr. Ballard has more than 15 years of experience in accounting and finance, having obtained a Master’s degree in Professional Accounting and a Masters in Taxation. Mr. Ballard has served in various capacities as a Business Professional for major firms and corporations while at the same time, owning and operating several businesses including his own tax and accounting firm. Mr. Ballard started his professional career at the Big-Five … [Read More...]

Client Services

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Services Tax laws and their interpretations are best left to the experts, even among accountants. Keeping abreast of ever-changing tax laws and trends enables us to anticipate tax savings opportunities. You need to be confident that this expertise is firmly established in your accounting firm and that your tax needs are always at the forefront. Professional Oversight - Knowledgeable Insight     At JB Tax & Accounting, a specialized … [Read More...]

Testimonials

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"I have been a faithful client of JB Tax Services since 2002. Their efficiency, professionalism and knowledge base of unique tax codes is a wonderful asset and has been extremely helpful to me. Every year they have succeeded in obtaining me a substantial refund. I appreciate that they also go the extra mile and forward all of my tax documents in well-organized binders for future reference. I HIGHLY recommend JB Tax Services and wouldn't trust … [Read More...]

Whats’s New on 2011 Returns

First installment of taxes owed on 2010 Roth conversions.  Individuals who did a Roth conversion in 2010 and elected to spread the tax payment over 2011 and 2012 will have to pay one-half of the tax owed on their 2011 income tax return. However, if a taxpayer took a distribution in 2011 from their 2010 Roth conversion, they may be required to pay more to cover taxes on the distributed amount. In addition, tax on any additional conversions done in 2011 will have to be included on the 2011 tax return. If you elected to spread the payment or took a distribution in 2011, make sure you bring that documentation with you so we can discuss options and calculations. Changes for investors in reporting basis. If you’re an investor, the IRS will receive a revised Form 1099-B from your broker that now records the basis of transactions during the year. You should also receive a copy of that form. The IRS will check to see that this information matches the basis reported on your return. Additionally, these transactions will now be reported on the new Form 8949, rather than directly on Schedule D. Be sure you bring all 1099-Bs to our tax appointment. Carryover basis on inherited assets. … [Read More...]

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