Unlike computer tax software or other tax offices, we open year round to assist you with business and individual tax needs: 1040 Individual 1065 Partnership and Limited Liability Company (LLC) 1120 Corporation 1120S S-Corporation Today’s tax laws are so complicated that filing a relatively simple return can be confusing and easy to make monetary errors. It is just too easy to overlook deductions and credits to which you are entitled. There is no substitute for the assistance of an experienced tax professional. This is what you will receive from our tax services: This is what you will receive from our tax services: Your tax return will be prepared by our experienced tax preparers. Your tax return will be electronically filed which will allow you to receive your refund faster than paper filed. After finishing your tax return, we will review your return line by line with you. We will also make recommendations and show you potential deductions or credits that may generate more of a refund or reduce your tax liability for next year. If you would like to receive more information or have a question about your taxes please give us a call or send us an email.
IRS Auditors are well trained to extract more information from you. Going through auditing process alone could be a time consuming and financial mistake.
Are you thinking about opening a business? Come to us for a consultation to see what state and county requirements you may need to comply with. We will take the time to explain and analyze which business entity is the best suit for your business. It is FREE for every new business because our business grows only when your business is successful and growing. It does not matter your business is brand new or has been operating for many years. It is always a good idea to have a tax professional review your business financial statements. You will be surprised to see many important things or unnecessary items that you did not see before.
At every stage of your business, confidence and planning are the keys. So no matter whether you are just starting out, growing rapidly, or planning for success, we can help. Infinity Tax and Accounting Services can help you take your business further by eliminating daily administrative challenges like bookkeeping, payroll, sales tax, and other business taxes. Our services can be monthly, quarterly, or annually based on the stage of your business. We recommend all of our clients sit down with our bookkeepers and tax professionals to review your financial statements line by line every month or at least every quarter. This will give you chance to understand your company’s performance and make timely decisions. On a routine schedule that we think best suits your business, we will do the following: · Reconcile your bank and other accounts To identify lost checks, lost deposits, and unauthorized or fraudulent transactions. To detect and prevent unnecessary bank charges. To know your income correctly and manage your cash more effectively. · Generate Financial Statements: Track Revenues and expenses so that you can determine the operating performance of your business. Determine and eliminate what areas of your business are unnecessary or over budget. Identify specific expenses that cause unexpected expenditures. Compare your business performance with month to month and year to year incomes and expenditures.
When it comes to paying employees, laws and IRS have made the payroll duties time consuming and a nightmare for many businesses. Payroll links your business with many departments: Department of Treasury (IRS), Social Security Administration, State Department of Revenue, State Department of Labor or Employment Security, and your employees. Because of these links, once you make a simple error on payroll, it may become a nightmare to make it right again. We can help you with your payroll needs so you can focus on the business side. Our payroll services package could be: After the fact payroll services. We will show you how to deduct taxes from your employee’s paycheck. We will take care of the reporting to tax agencies. Gross to Net payroll services. You send us the gross payroll via email or fax. We will email or fax over the net amount after taxes with a detailed tax breakdown of your employees paycheck. A – Z payroll services We will print your payroll check or direct deposit. This will give you more time to focus on your business and eliminate any payroll headaches.
QuickBooks Setup Even though QuickBooks is designed for install and go, the initial installation and setup process can be very tricky and critical. Setting up QuickBooks correctly could save you many hours of frustration. Many QuickBooks users experience problems with: too many accounts, unable to reconcile Account Receivable, Account Payable, Inventory, and bank accounts. Don’t let this happen to you. QuickBooks Training We can train you or your employees to properly operate QuickBooks specifically for your business. This will save you time and money by not wandering around looking where to put specific items or expenses. QuickBooks Tune-up Like a vehicle, we can help you to tune-up your QuickBooks system. We will review your transactions, clean up stray entries, balance the general ledger, and reconcile your bank accounts in QuickBooks. This could be done one or two times a year based on your needs.
Well planning is the most important factor that leads to any successful business. Planning for your taxes is no exception. A proper tax plan is the key to generate more refund or reduce your tax liability legally. Reducing your tax liability and your satisfaction is our goals and our business. We work for you not for the IRS.