Business Tax and Consulting
Learn more about our business tax and accounting services.
Business Income Tax Planning
As a business owner, you are faced with constantly and quickly changing global tax environments, changing business conditions within your business and increased demands for transparency.
The good news? Your business taxes and accounting needs do not have to cause you undue stress. We’ll handle everything for you. Accounting Standards Codification (ASC) 740, income taxes, is the method by which we follow to address how companies should account for and report the effects of taxes based on income. The bottom line is, we’ll keep an eye on important U.S. and global tax developments so you can run your business.
- Tax provision calculation support
- Tax accounting support related to acquisition and dispositions
- Tax accounting technical assistance and support
- Accounting for uncertain tax positions services
- Remediation and restatement assistance
- Other specialized tax accounting services (deferred tax analysis, tax basis balance sheet support and more)
Business Tax Preparation
We prepare federal and state tax returns for sole proprietors, partnerships, corporations, estates and trusts. We also prepare amended and delinquent returns for prior years as well as gift tax returns.
Your business tax returns are complex, which means tax preparation will set you up for success throughout the year. We’ll keep you up to date on federal, state and local taxes throughout the year. Our experience is extensive (learn more about us here) and our passion for making you at ease and your business successful is unmatched.
We’ll prepare your books to ease your burden. We’ll ensure employees are filing invoices and expenses correctly, prepare financial statements such as balance sheets and income statements, etc.
Good records are important for monitoring the progress of your business, identifying sources of income, keeping track of deductible expenses, preparing your tax returns and supporting items reported on your returns. Let your burden or proof be our burden! Although, we shamelessly admit that it is our absolute pleasure.
Your business is growing which means your payroll needs are, too. We’ll handle the following payroll services for you:
- Preparing employees’ payrolls
- Calculation of salaries
- Contributions for social insurance
- Health insurance
- Unemployment insurance
- Personal income tax
- Preparation of corresponding payment orders and transfer orders for employees’ salaries.
- Preparing and filing month and annual salary returns.
- Registration/deregistration of employees with relevant social institutions.
- Preparation of calculations for other contracts as needed.
What We’re Talking About
A RELATIVELY NEW FEATURE ON THE FINANCIAL LANDSCAPE Crypto currencies are a relatively new feature on the financial landscape. Because of their novelty, there has been a lot of speculation and, frankly, wishful thinking regarding how the IRS would treat these currency transactions. Many provisions, e.g., “wash sales” and tax lot treatment, have not yet
Thinking of Selling Your Home? Understanding the Home Gain Exclusion: One of the largest tax breaks available to most individuals is the ability to exclude up to $250,000 ($500,000 married) in capital gains on the sale of your personal residence. Making the assumption that this gain exclusion will always keep you safe from tax can
Identity theft PINs are for 2015 not 2014 If you are one of the unfortunate victims of IRS identity theft you will need a one-time PIN to file your tax return. Without this numeric identifier your 2015 tax return will be rejected. The IRS issues taxpayer victims this PIN in a written notice. What has