Services Available
Navigating the complex landscape of tax filings can be overwhelming. Our expert tax filing services are designed to simplify the process, ensure compliance, and maximize your potential refunds. Whether you’re an individual, a business owner, or a a gig worker, we provide tailored solutions to meet your unique needs. With our meticulous attention to detail and comprehensive knowledge of the latest tax laws, we ensure your filings are accurate and timely, giving you peace of mind and allowing you to focus on what you do best.
*We currently only service any one that have US Tax Filing requirements.
Annual Income Tax Filings
Personal Income Taxes
Form 1040: The standard federal income tax form used by U.S. taxpayers to file their annual income tax return.
Form 1040-NR: Used by nonresident aliens to report their income, deductions, and credits.
Business Income Taxes
Form 1120: The U.S. Corporation Income Tax Return for C corporations, used to report the income, gains, losses, deductions, and credits.
Form 1120S: For S corporations, this form is used to report income, deductions, and credits.
Form 1065: Used by partnerships to report their income, deductions, gains, losses, and credits.
Non-Profit Organizations
Form 990: The annual information return for tax-exempt organizations to provide the IRS with information on their activities and financial status.
Form 990-N (e-Postcard): A simplified version for small tax-exempt organizations with gross receipts of $50,000 or less.
Form 990EZ: A shorter version of the Form 990 for organizations with gross receipts less than $200,000 and total assets less than $500,000.
Tax Audits, Controversy, Notices and Representation
Tax Notice Resolution
IRS Notices: Expert assistance in responding to and resolving IRS notices, including audits, collection notices, and penalties.
State Tax Notices: Resolution of state tax issues, including income tax, sales tax, and employment tax notices.
Notice Review and Response: Comprehensive review of tax notices and preparation of accurate, timely responses to avoid further complications.
Tax Controversy Resolution
Audit Representation: Professional representation during IRS and state tax audits, ensuring your interests are protected and your rights are upheld.
Tax Dispute Resolution: Negotiation and resolution of tax disputes with the IRS or state tax authorities, aiming for the most favorable outcome.
Penalty Abatement: Assistance in requesting penalty abatement to reduce or eliminate tax penalties.
Offer in Compromise
Eligibility Assessment: Evaluation of your financial situation to determine eligibility for an Offer in Compromise (OIC), allowing you to settle your tax debt for less than the full amount owed.
OIC Preparation and Submission: Preparation and submission of a comprehensive OIC package, including all necessary documentation and financial analysis.
OIC Negotiation: Skilled negotiation with the IRS to secure acceptance of your Offer in Compromise, ensuring a fair and manageable resolution to your tax debt.
Payroll
Payroll Processing
Regular Payroll Processing: Accurate calculation and timely disbursement of employee wages, salaries, bonuses, and commissions.
Direct Deposit: Secure and efficient direct deposit setup for employees, ensuring timely payments directly to their bank accounts.
Payroll Tax Calculation and Filing: Accurate calculation of payroll taxes and timely filing with federal, state, and local tax authorities.
W-2 and 1099 Preparation: Preparation and distribution of W-2 forms for employees and 1099 forms for contractors at the end of the year.
Payroll Setup
Initial Payroll Setup: Comprehensive setup of payroll systems for new businesses or transitioning from another provider, including employee onboarding and payroll policy establishment.
Employee Classification: Proper classification of employees and independent contractors to ensure compliance with labor laws and tax regulations.
Benefits Administration: Setup and administration of employee benefits, including health insurance, retirement plans, and other voluntary benefits.
Time and Attendance Tracking: Implementation of timekeeping systems to accurately track employee hours and attendance, reducing errors and improving efficiency.
Compliance and Reporting
Regulatory Compliance: Ensuring compliance with federal, state, and local payroll laws, including wage and hour laws, tax withholding requirements, and reporting obligations.
Customized Reporting: Generation of customized payroll reports to provide valuable insights into payroll costs, labor distribution, and compliance status.
Audit Support: Assistance with payroll audits, providing necessary documentation and expert guidance to ensure a smooth audit process.
Bookkeeping Services
Financial Management
Transaction Recording: Accurate recording of all financial transactions, including sales, purchases, receipts, and payments.
Bank Reconciliation: Regular reconciliation of your bank statements with your financial records to ensure accuracy and detect any discrepancies.
Accounts Receivable and Payable: Management of invoices, tracking of receivables, and timely payment of bills to maintain good relationships with customers and suppliers.
Financial Reporting
Monthly Financial Statements: Preparation of comprehensive monthly financial statements, including balance sheets, income statements, and cash flow statements.
Custom Reports: Generation of customized financial reports to provide insights into specific areas of your business, helping you make informed decisions.
Budgeting and Forecasting: Assistance with creating budgets and financial forecasts to help you plan for the future and manage your resources effectively.
Chart of Accounts Setup
Industry-Specific Chart of Accounts: Customized setup of a chart of accounts tailored to your industry, ensuring relevant and efficient financial tracking.
Standardization and Organization: Organization of accounts to facilitate accurate reporting and easy tracking of financial data.
Cash Basis Accounting: Implementation of cash basis accounting principles, focusing on recording transactions when cash is received or paid.
Entity Management and Other Services
Formation of LLCs (Limited Liability Companies)
Drafting and Filing Articles of Organization: Prepare and file the foundational documents to legally form the LLC.
Operating Agreement: Draft a comprehensive operating agreement that outlines the management structure, ownership, and operational procedures.
EIN Acquisition: Assist in obtaining an Employer Identification Number (EIN) from the IRS.
Guidance and Assistance with Formation of New Business Entities
Entity Type Selection: Help choose the appropriate entity type (LLC, Corporation, Partnership, etc.) based on the business’s objectives, liability concerns, and tax considerations.
State and Federal Compliance: Ensure all necessary legal documents are filed with the appropriate state and federal agencies.
Business Registration: Complete the process of registering the business with state and local authorities, including obtaining necessary licenses and permits.
Strategic Advice on Business Structure
Assessment of Current Structure: Evaluation of the existing business structure to identify strengths, weaknesses, and areas for improvement.
Recommendation of Optimal Structures: Suggest the best legal structure (e.g., LLC, S-Corp, C-Corp, Partnership) based on business goals, industry, and regulatory environment.
Reorganization and Restructuring: Assist in the transition to a new structure if needed, ensuring minimal disruption to operations.
Operations Advisory
Process Optimization: Analyze and refine business processes to increase productivity and reduce waste.
Technology Integration: Recommend and implement technology solutions that align with business needs and goals.
Supply Chain Management: Advise on improving supply chain logistics to enhance reliability and reduce costs.