Tax Preparation
Individual Income Tax
Filing a tax return on your own can seem simple, but if you mark one area incorrectly it can change your refund or tax due exponentially. Whether you simply have a W-2 or more complex returns, there are other layers that add potential issues such as health insurance coverage, children and child care, college, etc. Professional preparation services provides a layer of sophisticated software, tax planning, updates, and advice, and year-round services of a CPA. If you are in the need for various state return filings, this can also be a complex area that a CPA is a able to assist.
Business Income Tax
Business tax return preparation is an important, intricate summary piece to a business's year end. The tax returns, whether Form 1065, 1120S, etc., contain areas that are too complex for anyone not in the accounting industry to fill out completely and accurately. A properly filled out business tax return paired with the proper tax advice can help business owners focus on operations while keeping more money invested in their businesses.
Filing a tax return on your own can seem simple, but if you mark one area incorrectly it can change your refund or tax due exponentially. Whether you simply have a W-2 or more complex returns, there are other layers that add potential issues such as health insurance coverage, children and child care, college, etc. Professional preparation services provides a layer of sophisticated software, tax planning, updates, and advice, and year-round services of a CPA. If you are in the need for various state return filings, this can also be a complex area that a CPA is a able to assist.
Business Income Tax
Business tax return preparation is an important, intricate summary piece to a business's year end. The tax returns, whether Form 1065, 1120S, etc., contain areas that are too complex for anyone not in the accounting industry to fill out completely and accurately. A properly filled out business tax return paired with the proper tax advice can help business owners focus on operations while keeping more money invested in their businesses.
Payroll
Payroll is an area that is not as simple as writing a paycheck and moving on to the next pay period. A CPA can provide all the aspects of payroll to help business owners remain in compliance with government agencies. Numbers & Such can be involved from the very beginning of your company starting payroll or jump in years after you have been doing payroll if you just need an accounting change. Services can include all payroll accounts setup, calculating the payroll checks and providing paystubs directly to the employees and payroll report summary to the employer, providing direct deposit to employees, arranging the payroll tax payments as required, preparing the quarterly or annual payroll tax reports which may include state reporting in addition to federal.
Bookkeeping
Bookkeeping can entail a variety of tasks suited to the client's needs. The most common service requested is bank reconciliations paired with other financial account reconciliations to arrive at financial statements. Many business owners want to worry about operations and not the technical part of actually doing the books. This service can alleviate many frustrations while providing up to date numbers for the business owner and other key staff. Organizing this service is much simpler than one may think and is catered to each individual client's schedule, needs, and convenience.
Business/Accounting Consulting
Wondering what entity to form and why? This is a great conversation to have with a CPA who can explain to you the different entity types, when the formation of a specific one makes sense over another, and other advice when preparing to begin a business venture.