BUSINESS AND INDIVIDUAL TAX RETURNS
We specialize in federal and state return preparation for business entities such as corporate, partnership, non profit, fiduciary as well as individuals. We work diligently to maximize clients’ benefits by keeping up with current tax laws. As needed, we also help review prior year filings for any possible additional tax savings.
TAX OPTIMIZATION, PLANNING AND CONSULTING
We don’t believe tax preparation is simply filling up the tax forms with numbers to make it only technically right, we go beyond this point to make it optimally right! There may be multiple viable treatments to a tax issue, but only one is the best for the taxpayer. We will diagnose a client’s situation and pick the best solution. We also provide tax advice on investment, retirement and education, etc.
IRS AND STATE AUDIT REPRESENTATION
Feel terrible when you receive IRS or state notices? Don’t worry, we can take care of this for you. We will negotiate with the tax authorities for the best of your interest including tax installment payment plan, tax lien removal, penalty abatement and tax protest, etc.
INTERNATIONAL TAX
When a business is expanding its operation overseas or seeking opportunities in the U.S., it faces more complicated tax planning and reporting challengers. When an individual American works or invests abroad, there are additional compliance and requirements on their foreign income and assets. Expert advice is crucial when transactions cross the border. We are highly experienced in help clients comply with the IRS rules for their international operations.
SALES AND USE TAX
For businesses whose operation is involved with sales or use tax, it is a routine to pay and file sales or use tax return regularly. We can help clients on sales or use tax permit application, sales and use tax exempt certificate, and sales or use tax return filings, etc.
BPP TAX
A lot of businesses need to file and pay business personal property tax every year to the county tax office. Usually the BPP return is based on the assets shown on the federal return, so if needed, we will help clients on this local return filing. When a business has out of state inventory sales, we will prepare Freeport Exemption to go with the BPP return.
BOOKKEEPING
We can work as a full service accountant for your books at a fraction of the cost of an employee. When we maintain your books, it is easier for us to identify opportunities for more effective tax planning, improved internal control and other areas that can help your business thrive. Our quality work will relieve you from the accounting stress so you can focus all your efforts on running your business.
PAYROLL AND SPECIAL CONSIDERATIONS
Payroll is a routine for most businesses. We can run regular payroll, file payroll reports and issue payroll tax forms as a client needs. However, as we have observed, some small businesses may have alternative payroll options to cut down their payroll cost if they fit in certain scenarios. We will evaluate a client’s situation and make recommendations if some strategies apply.
QUICKBOOK SETUP AND TRAINING
If you would like to keep your books in house but want to have a good start or a cleanup to move forward, our Certified Quickbooks ProAdvisor can help you set up your books and train your staff to take care the books professionally.
NEW BUSINESS STARTUP
When a client plans to open a new business, we provide advice on different business types a client can choose from to fit the capital structure and operation of the business. We handle the paperwork for our clients to register, reinstate or close a business so they won’t get any headache from the government.
Certified Quickbooks ProAdvisor