Accurate and organized maintenance of financial records through use of QBO or Xero.

Regular reconciliations of accounts to maintain accuracy and reliability.

Compilation of clear and comprehensive balance sheets and income statements.

Presentation of financial data in a clear and understandable format

Ensuring adherence to tax laws, regulations, and any changes in tax codes that affect the filing process.

Calculation of taxes owed or refund incurred based on income, deductions, credits, and applicable tax rates.

Timely filing of federal, state, and local taxes to prevent penalties.

Maintenance of records and documentation for future reference, audits, or inquiries.

Assistance in the application of ITINs for individuals not eligible for a SSN.

Strategic planning aligned with financial goals to identify opportunities for tax deductions, credits, and incentives to minimize tax liabilities.

Proactive advice on changes in tax laws and implications to recommend actions to adapt regulatory shifts.

Assessment of potential tax risks to mitigate them effectively.

Guidance on business structures, regulations, and compliance requirements.

Assistance in the selection and formation of the appropriate legal structure.

Drafting and preparation of legal documents required for business formation, including articles of incorporation, bylaws, operating agreements, and partnership agreements.

Filing and compliance with the necessary governing authorities.

Assistance in obtaining the necessary licenses and permits for business operations.

Assistance to businesses and individuals facing an audit of financial or tax records.

Acting as an intermediary between taxpayer and authorities, facilitating communication and ensuring all required information is provided.

Representation on behalf of the taxpayer during the audit process, including meetings, responding to inquiries, and addressing concerns raised by tax authorities.

Working towards a resolution with tax authorities, negotiating to minimize potential liabilities.

If necessary, assisting with the appeals process, which involves challenging audit findings or decisions.

Strategic financial leadership support to help meet business objectives.

Budgeting, forecasting, and financial analysis to guide decision-making and resource allocation.

Conducting in-depth analysis of financial data to identify trends, opportunities, and areas for improvement.

Ensuring adherence to payroll tax regulations and reporting requirements.

Accurate and timely processing of payroll calculations based on hours submitted or net payments.

Management of employee benefits such as health insurance, retirement contributions, and other deductions or allowances.

Guidance on sales and use tax compliance and exemptions in accordance with Texas regulations.

Assistance in understanding and meeting state-specific sales tax obligations.