Most successful small businesses and self employed individuals can reduce their taxes significantly with tax planning. Tax planning means reviewing the tax strategies available to you, calculating your taxes under various strategies, and implementing the specific strategies that will give you the greatest tax reduction while meeting your overall financial goals.
Often times this means thousands of dollars of tax savings each year, year after year.
Accounting should keep you organized, yes, but more importantly it should provide information to the business owner to help you make the best decisions for your business and increase your business profits.
In every business someone must do the accounting. Some business owners prefer to be intimately involved in the numbers and do most of the accounting themselves. Others feel their strengths are better utilized elsewhere in the business and turn all the accounting over to an accountant.
Whether you want full-service regular accounting, or just to have an accountant available for occasional questions, we have service plans to meet your needs.
Tax compliance means following the IRS's rules and regulations; putting the right number in the right box on the right tax form and filing the tax returns timely. This is important work and the reason most business owners hire a CPA. What most don't know is that TAX PLANNING is the GREATEST VALUE to business owners. Every business should have a tax plan!
Michael O'Neill CPA can help you with tax compliance in the following areas:
-Individual Tax Return Preparation
-Business Tax Return Preparation (S-corps, Partnerships, LLC's, Corporations)
-Estate and Trust Tax Return Preparation
-Sales Tax
-1099 Form Filing (i.e. 1099-Misc)
-Back Taxes and Tax Resolution (old years and outstanding issues with the tax authorities)
-State and City Tax Returns
-Payroll For One Employee Situations (S-corp owners, nannies, family business, etc)
Services to help you improve operations, boost productivity, and increase the bottom line.
Coming soon...
Have a question? Contact us!
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