Tax Services
At Perfect Cents, Our job as tax advisors is to keep our clients on the right side of the tax law and minimize tax burdens for both individuals and small businesses.
We continuously review the key law provisions to find ways to optimize our client’s tax position in order to provide prudent advice. We clarify the impact of the latest tax laws, legislation and IRS rules on your tax liability. We also design strategies for clients to follow to throughout the year to reduce their tax liability. Although the needs for each of our clients can be quite different, our commitment to every client is the same. We strive to deliver the highest standard of accuracy and quality in every business transaction.
We also recognize that the timing of tax payments can have a crucial impact on cash flow. We work closely with our clients so that tax payments, to the extent possible, can be budgeted in advance. The best tax strategy is to ensure your tax liability and payments comes as no surprise.
Service Offerings
Tax Compliance services include:
- Preparation of all business and individual income tax returns.
- Taxpayer advocacy at federal and state tax examinations.
- Preparation of Estate & gift tax returns.
- Preparation of payroll tax returns.
- Preparation of sales and use tax returns.
- Determination of estimated tax deposit requirements.
Tax Planning Services include:
- We conduct analytical, in-depth reviews of your current tax strategy and we provide recommendations that will allow you or your company to reduce the overall tax burden for individuals & small businesses.
- Quarterly estimates and year-end tax projections.
- IRS Audit Representation.
We work to minimize your tax liability and help you achieve your current and future financial goals.
Accounting Services
We are a full service accounting practice serving small businesses and individuals. Whether you are just starting out or your business is booming, we are here as a resource, and to provide full support to help you navigate through a complex financial maze. Like it or not, the state of your financial books may very well determine whether your business lives or dies. Forget to pay a bill, and there goes your credit. Fail to keep track of receipts, and you will miss out on all kinds of business-tax deductions. Lose track of your invoices coming in, and you’ll lose money. Keep track of your business finances is a vital part of owning a successful business. in fact, nearly half of the business owners in a study said that if they could give one piece of advice to new entrepreneurs, it would be to create a well-thought-out business and financial plan.
Accounting Services Include:
- Financial statement preparation including monthly, quarterly or annual statements.
- Preparation of personal financial statements.
- Financial & Personal Statements Preparation
- Full Cycle Bookkeeping including A/R, A/P. payroll and back reconciliations.
- Write Up Services
- Preparation of annual W-2s and 1099s.
Owners can concentrate on the core of their business, while we meet your accounting needs.
Business Consulting
Do you think of your accountant as just someone who you send your receipts and reports to at tax time? Do you limit your contact with your accountant to a few tiresome weeks in the spring? And then wait a year to speak to them again? If this sounds like you, you’re missing out on a big part of what your accountant can offer you and your small business. As your accountant, we should play an integral tole in identifying any potential issues, as well as suggesting possible solutions. Our goal is to create a tax efficient company structure to identify problems and monitor profit and loss so any potential cash flow issues can be managed proactively.
Business Consulting Services Include:
- Cash Flow Analysis
- Budget Preparation
Focus Valuable time and Resources in other areas to promote Growth and Increased Profits.