We prepare and analyze federal and state income taxes for Individuals, businesses (C & S Corporations, Partnerships, LLCs, and Sole-Proprietorships), Estates, Gifts, and Fiduciary. We provide our clients with efficient and effective tax planning strategies. Tax planning is an important key in arranging your financial matters to minimize your taxes and or penalties (reduction of income, increase deductions, take advantage of tax credits and or increase of withholdings).
We help your business make better financial decisions
Our business bookkeeping service includes month-end, quarter-end and year-end financial statements compilations. We prepare cash flow statements for you so that you can see what, why, and how money moves in and out. We perform detailed monthly bank accounts and credit cards reconciliations. Our bookkeeping services will help you monitor your companies’ cash flow on a monthly, quarterly, and or yearly basis so that you can make the optimal financial & business decisions.
Business Entity-Type Analysis
With the new tax laws in place effective Jan 1, 2018, now is the time to analyze what type of legal entity your business should be. There are LLCs that are taxed as partnerships, LLCs that are taxed as corporations, Subchapter S Corporations, C corporations, etc., etc.
A combination of factors goes into determining which entity type is appropriate for you. Making the right decision could save you thousands in taxes.
Whether you are starting a new company or are already an established business, if your CPA or tax preparer isn’t talking with you about this, its time to get a 2nd opinion.
Sales & Use Tax Compliance Support
Managing sales and use tax compliance is getting harder for small to medium size businesses but we are here to help: just send us the sales reports and we will take care of the rest. States look for more revenues by expanding what’s taxable and raising their existing rates (we can help minimize your sales & use taxes). When states look for more taxes, tax compliance becomes more difficult and some states are now charging internet taxes to get more revenues.
All of the services you'd expect from a highly-rated firm
Need more encompassing financial solutions?
Meet Summit Wealth & Retirement Partners.
Our sister company, Summit Wealth & Retirement Partners, is a boutique financial planning firm that can help with all facets of your financial ecosystem – Retirement planning, investment management, multi-generational wealth & estate planning, charitable giving and more.