RWB Tax Services

Origin and mission

• After years working in corporate tax in the Fortune 500 world, Haziq spent a year running one of the busiest locations of a franchise tax shop in the South Bronx.
• Seeing how these shops often extracted cash from people who could not spare it — and realizing that this behaviour was common across the industry — he set out to build an alternative.
• In 2013 he founded Red White and Blue Tax Services with the mission of offering the community a financially healthier option: expert tax work without predatory pricing.

How the practice has grown

• The firm began as an affordable expert service for individuals.
• It has grown into a practice serving business owners, startups and real estate investors as well as high‑earning households.
• Since 2013, RWB Tax has helped clients with genuinely complicated situations get honest work and answers they can actually understand.

Enrolled Agent-led, licensed nationwide

• RWB Tax is led by an Enrolled Agent, a credential issued by the U.S. Treasury rather than a state board.
• Enrolled Agents are licensed federally and can represent taxpayers in all 50 states.
• The firm works with clients virtually nationwide and is available year‑round, not just during tax season.
• Every client receives a video walkthrough of their return, instead of a PDF simply being sent over.

Founder's focus areas

Haziq Inayat, EA, commonly works on:

• S‑corps and partnerships.
• Real estate investors.
• Equity compensation (RSU, ESPP, ISO and other stock‑based pay).
• Medical professionals.
• Film production businesses.
• Oil and gas interest owners.

In the press

• Haziq appeared in NPR's *Marketplace* report on predatory tax preparers in 2015, interviewed as a shop owner on how the industry prices its fees.

For current services, pricing and availability, refer to the other RWB Tax knowledge documents or contact the firm directly.

• Monthly bookkeeping from $400 per month, with the actual price based on:
• Transaction volume.
• Number of bank and credit card accounts.
• Whether payroll and inventory are in the picture.
• Bookkeepers and the Enrolled Agent work together inside the same practice, so the books are kept with the eventual tax return in mind.
• Designed for contractors, agencies and owner‑operated businesses that need more than basic data entry.

Catch-up and cleanup work

• Help for businesses that are behind on bookkeeping or have prior periods that need to be corrected.
• Catch‑up and cleanup are quoted after RWB Tax has seen the state of the books, because:
• A business that is two years behind is not the same job as one with a single messy quarter.
• Quoting blind is how prices change later; RWB Tax avoids that by seeing the work first.

How bookkeeping fits with tax

• Bookkeeping and tax preparation are done by the same firm, so the handoff between the books and the tax return is not where problems appear.
• The goal is clean books that lead to tax returns the firm can defend, with fewer surprises at year‑end.

For a current quote on bookkeeping or cleanup work, contact RWB Tax with details of your business and current bookkeeping status.

Red White and Blue Tax Services (RWB Tax) is an Enrolled Agent-led tax preparation, planning and advisory firm. The practice focuses on complex individual and small-business returns for high earners, business owners and real estate investors.

Core services

Tax preparation

• Federal and state income tax returns prepared and reviewed by an Enrolled Agent.
• Built for complex situations: equity compensation (RSU, ESPP, ISO and non-qualified options), K-1s, S‑corps and partnerships, rental property, and multi‑state returns.
• Year‑round practice, not a seasonal desk in a franchise shop.
• Every client receives a plain‑English video walkthrough of their finished return, explaining what was filed and why.

Advisory and planning

• Year‑round tax planning, not just April filing.
• Quarterly check‑ins and decision support on equity compensation, estimated payments and large transactions.
• Help interpreting IRS notices and planning tax moves before deadlines instead of after.

IRS representation

• Handling IRS and state notices on your behalf.
• Representation in audits, back‑tax situations and payment‑plan negotiations.
• You do not have to deal with the IRS alone; RWB Tax communicates with the IRS for you.

Who RWB Tax is built for

• High earners with RSUs, ESPPs, ISOs and other equity compensation.
• Households with K‑1s from partnerships or funds.
• Real estate investors and landlords, including short‑term rentals.
• Business owners, including S‑corps, partnerships, contractors and agencies.
• Medical professionals, film production businesses, and oil and gas interest owners.
• Multi‑state filers, especially those in DFW and the NYC tri‑state area.

How engagements typically work

1. Fit check / initial enquiry – You share the facts of your situation, what changed, and what you are looking for.
2. Fit decision – RWB Tax confirms whether the firm is a good fit. If the answer is no, they will say so directly.
3. Quoted before work – For accepted work, you receive a clear quote before preparation or planning begins.
4. Preparation and walkthrough – Returns are prepared, then walked through with you in a recorded video so you understand the result and next steps.

RWB Tax serves clients in Dallas–Fort Worth, the NYC tri‑state area and virtually nationwide.

Dallas–Fort Worth Metroplex

• Enrolled Agent‑led tax preparation, planning and bookkeeping for business owners, contractors, real estate investors and oil and gas interest owners across DFW.
• Serving, among others: Coppell, Carrollton, Farmers Branch, Dallas, Fort Worth, Plano, Frisco, Irving, Flower Mound, Southlake, Westlake, Grapevine, Lewisville, McKinney, Arlington, Hurst, Euless, Bedford, Highland Park and University Park.
• Based around Coppell, TX 75019, with a focus on:
• High‑earning households and employees of major corporate headquarters at Cypress Waters and nearby business districts.
• Local small‑business owners and real estate investors.

Coppell, Texas

• Returns for Coppell households often include RSUs and ESPP shares from nearby corporate employers, S‑corps based in and around Old Town Coppell, and local rental properties.
• RWB Tax is a virtual practice for Coppell clients; there is no need to drive across the Metroplex or visit a strip‑mall office.

New York City and tri-state area

• Serving clients in New York City and the wider tri‑state region, including Brooklyn, Queens, the Bronx, Manhattan, Long Island, Westchester, New Jersey and Connecticut.
• Built for high‑tax‑state issues such as NY Pass‑Through Entity Tax (PTET), NYC Unincorporated Business Tax (UBT) and equity compensation for finance and tech professionals.

Virtual nationwide

• As an Enrolled Agent practice, RWB Tax can represent and serve clients throughout the United States.
• Federal tax rules are the same regardless of where you live, and most client work is handled virtually.

How RWB Tax works with clients

• Most engagements are handled remotely by email, phone, video meetings and secure document portals.
• Every client receives a video walkthrough of their finished return explaining what was filed and why.
• The firm is available year‑round, not just during tax season.

Contact details

• Email: hello@rwbtax.us
• Phone: 347‑787‑0596
• Websites:
• https://www.redwhiteandbluetax.com
• https://rwbtax.us

To get started, prospective clients can complete the fit‑check or contact forms on the website or send the prior year's return for review, and RWB Tax will respond with whether they are a good fit and what the work is likely to cost.

Lists Homestead, South Bradenton, Coppell, Cypress, Dallas, Fort Worth, New York City, and Las Vegas as a location. Names Connecticut, New Jersey, New York, Texas, United States, University Park, Westchester, and Arlington as a service area. Areas beyond these are not published.

• Federal return from $500 – Tax preparation starts at $500 for a federal return.
• Most complex returns run over $1,200 – Once you add multiple states, K‑1s, equity compensation such as RSUs, or rental property, most returns end up above $1,200.
• Returns are quoted in advance so you know what the work is likely to cost before moving ahead.

Advisory and planning

• Advisory packages start at $1,500.
• Advisory work covers year‑round guidance, quarterly decisions, IRS notices, estimated payments and planning major tax moves before deadlines.

Bookkeeping and accounting

• Monthly bookkeeping from $400 per month.
• The actual monthly fee depends on:
• Number of transactions.
• How many bank and credit card accounts feed in.
• Whether payroll and inventory are involved.
• Catch‑up and cleanup work is quoted after review.
• A business that is two years behind and a business with one messy quarter are not the same job, and RWB Tax does not quote either one blind.

How quoting and fit work

• Prospective clients send the facts of their situation through the website (fit‑check form, contact form, or by sending last year's return).
• RWB Tax responds with:
• Whether the firm is a good fit for your situation.
• What they can do for you.
• What it will likely cost.
• Whether anything from a prior return is still fixable.
• If last year was handled correctly, they will say so rather than trying to re‑sell the work.

All prices are subject to change; always refer to the latest quote RWB Tax provides for your specific situation.

RWB Tax regularly handles returns that include:

• Restricted Stock Units (RSUs).
• Employee Stock Purchase Plans (ESPPs).
• Incentive Stock Options (ISOs).
• Non‑qualified stock options.

Common problem areas that RWB Tax helps clients identify and address include:

• Under‑withholding on RSUs – Vesting shares are treated as supplemental wages, typically withheld at a flat 22%. For households in higher brackets (for example 32% or 35%), that gap often becomes an unexpected bill at filing time.
• ESPP timing and disposition – Selling too early can turn a qualifying disposition into a disqualifying one, moving the discount from capital gain to ordinary income.
• ISO and Alternative Minimum Tax (AMT) – Exercising and holding ISOs can create AMT on a paper gain from shares that have not been sold.
• Double‑counting income on 1099‑B – The compensation element of equity is usually already reported on your W‑2, but brokerage 1099‑B forms often show a cost basis of zero. Filed exactly as received, this can tax the same income twice unless it is adjusted.

RWB Tax also maintains educational resources and a free RSU tax calculator on its website to help clients understand these issues.

Rental property and real estate investors

• Work with landlords and real estate investors, including many clients in Texas where property tax and school‑district quality drive rental decisions.
• Returns typically involve:
• Depreciation schedules for rental property.
• Homestead‑exemption questions when a former home becomes a rental.
• Passive‑loss rules that decide whether rental losses are usable in the current year or parked until a property is sold.

S‑corps, partnerships and business owners

• Preparation for S‑corp and partnership tax returns.
• Entity‑choice and S‑corp election analysis, particularly for small businesses where the self‑employment tax savings must outweigh the added cost of payroll, an extra return and reasonable‑compensation requirements.
• Support for contractors, agencies, medical practices, film production entities and oil and gas interest owners.

Multi-state and high-tax jurisdictions

• Experience with multi‑state returns where income crosses state lines.
• Built for high‑tax jurisdictions such as New York, New Jersey and Connecticut, including:
• NY Pass‑Through Entity Tax (PTET) elections.
• NYC Unincorporated Business Tax (UBT).

If your return has RSUs, rentals, K‑1s, multiple states or a mix of business and wage income, it is squarely within the type of work RWB Tax handles every day.

Ask anyway — the agent will say plainly that it is not published rather than guess.