Tax Preparation
“A tax preparer is a professional that is qualified to calculate, file and sign income tax returns on behalf of individuals and businesses. There are various types of certifications, niches and educational levels that different tax preparers have; taxpayers need to choose which type of tax professional will best suit their situation. The IRS requires registration for all paid tax preparers. Tax preparation professionals must obtain a Preparer Tax Identification Number (PTIN) and include it on all returns they sign.” ~Career Explorer
- We are the professional that you have been looking for. We are all registered tax preparers with the IRS and are bonded.
- We prepare both Personal (1040) and Business (Sch C-Sole Proprietors, 1120-S Corporations, 1120 Corporations, 1065 Partnerships) tax returns and specialize in
- Farm,
- Trucking,
- Rentals, and
- Workers who travel
- We also offer 1099 and W-2 Preparation
- If you have paid more than $600 in contract labor to one individual, I can help you meet your 1099 requirements.
- If you have paid employees, we can file and mail your W-2s.
- If you use our payroll services, we will do this for you as part of the Payroll program.
Bookkeeping
“Bookkeeping refers to the daily tasks of recording and managing a business’s financial information. Data like transactions, expense accrual and other financial information can be accounted for in the completion of bookkeeping tasks. Bookkeeping can be an essential function of running an organization, as it allows for tracking all financial information that is needed to make sound financing and operating decisions.
A bookkeeper is a professional who manages a business’s financial transactions and recording. With an efficient bookkeeper, a business can ensure accurate and efficient recording and management of its financial assets and liabilities. This can aid in internal business decisions, like where to allocate a surplus of revenue, as well as external decisions, such as an investor’s choice to fund the business’s operations.
When implementing effective bookkeeping, businesses can ensure accurate management of their financial records. Bookkeeping also ensures that businesses are able to measure growth and profitability. Additionally, to improve the effectiveness of its bookkeeping, a business might develop strategies to help streamline the bookkeeping process.” ~ Indeed.com
Our services may include: reconciliation, general ledger journal entries, adjusting entries, internal use financial statements, based on individual needs per client per engagement.
- Call or come by the office to discuss how we can support you or your business with customizable, flexible bookkeeping services.
Payroll Processing & Quarterly Reports
Payroll refers to the employees you pay, along with employee information. Payroll is also the amount you pay employees during each pay period. Or payroll can refer to the process of actually calculating and distributing wages and taxes. For smaller businesses that can’t afford an inhouse accounting or HR department, payroll is typically outsourced an accounting firm that specializes in providing and simplifying the process.
- We utilize up-to-date software for accurately preparing payroll for your employees.
- Our software also prepares, files and pays all required Tax Reports and Payments
- We have access to excellent time keeping and tracking options that syncs with the payroll software.
Tax Planning
Tax planning should be an essential part of any business or individual’s financial plan and is an analysis annually of a financial situation that minimizes how much you pay in taxes. Tax plans include considerations such as size and timing of income or purchases, or other investments.
- Don’t let each tax year be a surprise after the fact. I can help you know before you file your return what to expect, and help you manage your tax liability.
Consulting
“A business consultant is a professional who analyzes businesses, creates solutions to problems, and helps businesses develop efficient plans for meeting their goals. Consultants generally bring their own methodologies or frameworks to guide a business and recommend how to achieve goals more effectively and efficiently.” ~Wharton High School
- We can help you analyze you current business situation or goals and help you acheive them. See our Business and Strategic Planning options as well.
- We also can help troubleshoot, clean up or set up QuickBooks Desktop or Online. We are also available to current clients for have a QuickBooks’ questions.
Business Planning
“A business plan is a written document that describes in detail how a business—usually a startup —defines its objectives and how it is to go about achieving its goals. A business plan lays out a written roadmap for the firm from marketing, financial, and operational standpoints. Business plans are important documents used to attract investment before a company has established a proven track record. They are also a good way for companies to keep themselves on target going forward.” Every year following a strategic plan is used to determine if the organization it meeting it objectives and or achieving its goals. ~ Investopedia.com
- Many lenders want to see a business plan, let me help you develop yours!
Strategic Planning
“Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization’s direction in response to a changing environment. It is a disciplined effort that produces fundamental decisions and actions that shape and guide what an organization is, who it serves, what it does, and why it does it, with a focus on the future. Effective strategic planning articulates not only where an organization is going and the actions needed to make progress, but also how it will know if it is successful.” ~BalancedScorecard.Org
If you know where you’re going with your business, but aren’t quite sure how to get there, we can help you develop a strategy. Or maybe you started out with a business plan, but feel that you have deviated from the original concept or need to so, we can assist you with a Strategic Plan.
Tax Resolution
“Tax Resolution and Tax Relief are services designed to help taxpayers through the complicated task of resolving back tax problems. Many people only think about the IRS during tax season and as they wait to get their tax refund. There are times, though, when the IRS makes its presence known at other periods of the year. If the agency believes an individual or business hasn’t reported enough income, has underpaid or didn’t file a return when they should have, it can take action. When that happens, a person or company might need tax resolution services to help solve the issue, pay back taxes or get tax relief. There are a number of different options the taxpayer has at their disposal to resolve their tax matter with the IRS. However, relatively few taxpayers – and for that matter, practitioners – are aware of the options. And in many cases, the taxpayer is not adequately informed by the IRS of all options, let alone which options best suit the taxpayer’s specific situation. This is in spite of both guidance and dictates from the U.S. Senate Finance Committee, which has oversight for the IRS. “~ Unknown
However, we have a solution for that! We have access to top experts in the nation who can help you resolve any of the following:
- Unfiled Tax Returns
- Received IRS Letter, Notice, Bill or Other Correspondence
- Tax Audit Assistance
- Release IRS Tax Lien
- Stop IRS Wage Garnishment
- Stop IRS Bank Account Levy
- Offer In Compromise Settlements
- Abatement of Penalty
Our experts our former IRS Agents, Enrolled Agents, and CPA’s with over 130 years of combined IRS Experience and have appeared on Fox Business News, NBC and ABC Washington.
*All prices vary according to client needs, scope of work, and length of time.