Accounting & Tax Preparation Services
Income Tax Services
We can assist in preparation and filing of all types of Income Tax Returns (Individuals, LLC/Partnerships, S Corporations, C Corporations, Estates & Trusts, Non-Profits/ Charitable Organizations. We also specialize in filing tax return for entities that has offshore operations as they require special reporting requirements, failure to file may result in severe civil penalties from IRS
Tax Debt Relief Services:
If you owe money to IRS/State, you can get relief or potentially eliminate the debt by entering into an installment agreement (Automatic, full pay or partial pay) or by submitting an offer-In-compromise (OIC). In order to submit an OIC, you have to be tax compliant and this means you should have filed all the tax returns for the past 6 years. We offer this service for a flat fee. Sometimes it may be better to enter into a payment plan to pay less than the taxes you owe since IRS only has 10 years to collect the taxes once assessed.
Appeals/ Penalty Abatement/ Representation Services
We can assist in case of an audit from IRS/States or if you have been charged with penalty, we can work with IRS/ State for a possible penalty abatement.
Entity Formation
We will assist you in identifying the right business structure for your venture and help you in forming the business entity in a proper manner. We also in offshore entities get their footprint in the US by setting up US Corporations, Open US bank accounts to do business in US and/or to raise funding from Venture Capitalist's.
Bookkeeping and Financial Accounting Services
We can assist you with maintaining accurate books of accounts for your small business
Audit/ Attestation/Review Services
We can assist on review/compilation/audit/attestation services for US entities
Conservation Easement Investment
If you had made investment in conservation easement, the tax return preparation is complex and needs various additional disclosures and reporting requirements to IRS. We can certainly with these complex tax return preparations and filing. Failure to report these listed transactions may result in severe civil penalties
R&D Credit
If you are a start-up or you have a business that develops software or products you may eligible for up to $250K in payroll tax credit every year for the first 5 years. This requires calculation of R&D activities and also filing R&D credit forms with IRS and States. We can certainly assist with the calculation and filings. We work directly with the client to prepare the schedules needed for R&D credit. R&D credit could result in a both a reduction and tax credit in some cases.
Outsourced Financial Manager/CFO
We provide CFO/FP&A roles for small and medium sized companies that doesn't require a full time CFO/Controller. We also provide FP&A reporting packages to corporations that requires management reporting on monthly basis.