Financial Statement preparation for small business clients is a long-standing service of this firm.
Depending on the client's needs, monthly, quarterly, and year-end balance sheets and detailed operating statements
can be prepared and analyzed in a timely manner.
Timely and efficient bookkeeping services are primarily available for small businesses.
Computerized accounts are prepared, stored, and presented for clarity, or annually.
We provide comprehensive payroll services tailored for small businesses, backed by many years of experience.
Our services include:
- Setting up and maintaining all payroll records
- Managing timecard records
- Calculating tax withholdings and benefit contributions
- Delivering checks to employees
- Filing federal, state, and local taxes
FORMING A BUSINESS IS THE FIRST STEP TO ENTERING THE BUSINESS WORLD.
Choosing the right type of business involves considering various factors, including the nature of the activity, economic and financial risks, property type, state tax rates, and more. It’s more than just giving your business a name.
There are four primary forms of business::
1) Sole Proprietorship,
2) Partnerships,
3) Corporations (either S-Corp or C-Corp), and
4) Limited Liability Companies (LLC).
Determining which type of business is best suited for your specific situation requires analyzing the advantages and disadvantages of each option. We can assist you with this process, as it also depends on the state in which you plan to establish your business.
We have the expertise to help you navigate the possibilities of how and where to set up your business.
Small business tax return preparation is a service offered to our clients.
Over the years, we have prepared hundreds of Federal and State tax returns for small businesses, so we know how to handle the process effectively. If you choose to prepare your income taxes on your own, it is important to do so accurately and in a timely manner. Here are the steps you need to follow: 1
1) Gather your records.
2) Select the appropriate forms.
3) Complete the forms accurately.
4) Submit your return on time.
Individual tax is a crucial obligation imposed on various income sources, including wages, dividends, interest, self-employment earnings, and any other taxable income earned during the year.
Remember, this tax must be filed annually with federal, state, and local government agencies. Just like businesses, individuals can effectively minimize their tax burden by maximizing tax deductions and credits. Each state has its own tax laws, and taxes are typically based on where the income is earned.
For those who are non-resident aliens and do not possess a Social Security Number, obtaining an Individual Taxpayer Identification Number (ITIN) is essential for filing your taxes. It’s imperative for individuals who haven’t filed income tax returns in previous years to take action immediately. Moreover, if you've submitted incorrect tax returns, you have a limited opportunity to amend those returns for the past three years.
Navigating income tax returns can be complex and challenging. If you find yourself facing any of these issues, don’t hesitate to reach out to us. Our team is here to provide the guidance you need. Keep in mind that if you have outstanding taxes, you may qualify for a tax reduction or can potentially establish a payment agreement with the IRS or your state and local agencies.
For inquiries about your refunds, simply ask the IRS: "Where is my refund?" If you're in Georgia, you can reach out to the Georgia Department of Revenue and inquire: "GA, where is my refund?" Act now to ensure your tax situation gets the attention it deserves!
