Services
Tax Preparation for Businesses
On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act affecting most businesses in the US and making them to adapt to regulations with increased complexity, enforcement, and penalties. Under Provision 11011 Section 199A, certain sole proprietorships, partnerships, limited liability companies, and S corporations can deduct up to 20% of the qualified pass-through businesses income. We stay on top of the most recent regulations and will help you to get the maximum allowable deduction, understand your tax issues, mitigate risk, and achieve your short- and long-term goals.
Tax Preparation for Individuals
Following the overhaul the U.S. tax code for the first time in three decades, many of the tax changes went into effect in January 2018. The highlights of the Tax Cuts and Jobs Act are:
- tax brackets are changed
- the standard deduction doubled
- exemptions eliminated
- SALT taxes are capped at $10K
- lower home mortgage debt interest
- expanded child tax credits
- higher AMT exemption
- eliminate 2% Misc Deduction
- ACA penalty repeal 2019
Maintaining firm commitment to continuing education courses offered by the accounting industry’s leaders, we will apply relevant pronouncements and will find every available tax deduction to minimize your taxes and maximize your tax return.
Tax Planning and Projection
Tax planning prior to the filing time is crucial to successfully and legally reducing your tax liability at the year-end. Going beyond compliance, we will proactively recommend tax saving strategies to maximize your after-tax income. You will receive a customized approach to ensure that you are retaining the maximum amount of after tax income. Utilizing professional experience, combined with the most advanced cloud-based tax planning tools we will develop a tailored to your unique situation tax planning solution.
QuickBooks Implementation and Training
As a Certified Intuit QuickBooks Pro Advisors, we offer an advanced expertise in QuickBooks consulting, implementation, and configuration to your unique business needs. Depending on your preferences, we can schedule the time for either live QuickBooks classes, deliver private QuickBooks training onsite, or have the remote QuickBooks training with you and your staff.
Bookkeeping
Whether you just starting up, growing a small business, or already matured into a corporation – we have the right tools and knowledge to help you. Building on our professional expertise and advanced knowledge of available on the market integration and machine learning advancements, we got just the right set of solutions for you. Whether you need to catch up on months/years of bookkeeping, clean-up a messy bookkeeping file, or start from the clean slate, we will deliver prompt and timely service and will keep you ahead of government deadlines, maintain order in your internal financial system, and make sure all accounting is up to date and accurate. We will properly classify your revenues and expenses to maximize tax benefits and get the clear view of your company’s finances, and do monthly reconciliation to ensure accuracy and identify potential cost savings.
Accounts Payable Automation
In the partnership with an online purchase order processing powerhouse Procurement Express.com, we can help you automate your business processes and develop custom PO system to ensure that you stay on top of your business expenses and control of your company’s spending real-time.