Government agencies place an onerous amount of laws, rules and regulations on today’s business owners. Proactively ensuring compliance by partnering with a trusted advisor can eliminate or reduce penalties, fines, interest and hours of wasted time.
From business entity selection, payroll & sales tax filings, implementing accounting processes and controls to Quickbooks set-up, Abundant Tax Solutions, Inc. can meet all of your business needs from entity set-up to dissolution.
Accounting & Bookkeeping
Whether you are a start-up or an established enterprise, maintaining a strong pulse on financial performance is critical for proper business management. Bookkeeping is not only a way to keep a finger on the pulse but also one of the ways to show taxing authorities that you have a legitimate business.
Services include:
- Payroll
- Sales tax payments
- Bank reconciliations
- Income statements
- Balance sheets
- Custom financial reports
- Company performance reviews
- Income tax planning and preparation
- IRS representation and audit support
- Cash flow forecasting
- Break-even analysis
- Budget-to-actual reporting
- Labor cost management
- Variable and fixed expense reports
- Debt planning and reduction
Payroll
Processing payroll is complex and requires a knowledgeable resource on your side to ensure you are paying the proper taxes, classifying workers correctly, ensuring benefits and wages are paid timely and all necessary documentation is kept.
Entity Formation
Entity selection for your business is not a simple choice, it requires selecting the entity that works best for your unique tax profile. There are many factors, pros and cons to consider and we can educate and guide you through the decision.