Before the fiscal year end of any business, there needs to be year end tax planning. This process can save the business and/or its owners tax dollars. After the close of the business year, it's normally too late to avoid taxes. Actually, this process should go on throughout the year on at least a quarterly basis.
We can project profits and make estimated tax calculations, then offer suggestions on how to reduce or eliminate tax. This process also helps management with their cash-flow projections by planning for scheduled tax payments.
Preparation
Before information can be entered on the tax returns, your general ledger normally requires adjustments, schedules and work papers to support the differences between the general ledger and the tax returns. This is a critical process which is the bridge between the two documents.
Not only do we provide this bridge but we prepare the business returns on the highest quality of tax software which provides us with all the necessary federal forms and all the states and cities forms. The software is continually updated as the laws change and with all of the different government agencies is quite often. These updates are provided to us online.
All returns are prepared by a highly trained professional and reviewed by a CPA.
Income Taxes
Sales Taxes
Use Taxes
Excise Taxes
Ad Valorem Taxes
Estate Taxes
Annual Reports
Business Licenses
Problem Resolution
Along with complicated tax laws comes the bureaucracy and standardized procedures of the IRS. With those standardized procedures comes standardized letters, sent out any time information is incomplete, wrong, or missing. Sometimes these letters can be confusing and if ignored, will continue to get worse.
We are available to help in any of the following areas:
