Tax planning is a critical component of a business’s financial growth. We meet regularly with business clients to discuss planning opportunities and to forecast tax liabilities. We file tax returns for businesses and their owners.

We also advise on the different forms of business ownership and assist with entity elections, including LLC “check-the-box” elections and S corporation elections.

We implement and maintain (and sometimes repair) Xero and Quickbooks accounting files. We provide monthly, quarterly, and year-end financial check-ins and prepare periodic financial statements.

Financial statements are foundational to a healthy business’s operations. Clean, accurate financial statements are also a basic requirement when seeking debt or equity financing.

The Tax Code requires diligent record keeping when it comes to deducting business expenses. We help businesses establish and maintain expense protocols including expense reports, receipt storage, reimbursements, and business mileage.

Hiring employees is an exciting yet complicated step for any business. We assist with state registrations, employee onboarding, payroll processing, and payroll tax filings. We work with outside advisors to provide benefits solutions including retirement accounts and employee health insurance.

We also advise on self-employment tax issues and S corp reasonable compensation issues.

We work with owners to minimize their tax liability while remaining fully compliant. Tax deferred retirement accounts, health savings accounts, tax-strategic investments in real estate, short-term rental properties, and tax-exempt bonds are viable tax savings strategies for any business owner. We advise on the specifics and help you execute on a plan.

We are a one-stop-shop for business tax and accounting solutions. The majority of our business clients receive a full suite of services for one fixed, monthly fee. We are our clients’ long-term, full-time partner, and are always accessible.