Tag Archives: tax accounting company

Use a Tax Accounting Company to Take the Hassle Out of Form 941

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a tax accounting company can help you fill out form 941If you own or operate a business that employs at least one employee on a regular basis, you will need to fill out and submit the Form 941 to the IRS on a quarterly basis. This form identifies the individuals that are on your payroll, the amount of withholding and other payroll taxes that you have kept from their paychecks, and is accompanied by the appropriate payment when it is sent to the government.

Are you tired of filling this form out by yourself each month, or are you concerned you don’t have the knowledge to do it correctly? While the Form 941 is not the most complex accounting task in the world, it can still be a headache for many business owners. With that said, retaining the services of a tax accounting company to shoulder the load and complete this form for you is a great choice. GoodAccountants.com is a great place to find qualified accountants that you can be confident will complete your forms in an accurate and timely manner.

While all tax matters are taken very seriously by the government, employment taxes are watched especially closely. If a business withholds pay from employees for tax purposes and that money is not properly accounted for on Form 941, it will be viewed as a crime. You surely have no intent of stealing or cheating the system, but filling out these forms incorrectly could land you in a position you never expected to be in. A good tax accounting company will prevent this from being a possibility and you can spend your time on things you want to be doing – like successfully running the business.

If you don’t know who to contact for a reliable tax accounting company, start your search at GoodAccountants.com and sort through a long list of capable businesses that can come to your aid. Spending the money it costs to retain the services of one of these companies will more than pay for itself in peace of mind and confidence that your Form 941 is being filed correctly every quarter.

Smart Businesses Hire a Tax Accounting Company: Why You Should Too

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bookkeeping services for small business

Successful companies realize the importance of hiring help for managing their taxes. Just two of the well-known clients GoodAccountants.com assists include the popular hamburger chain Johnny Rockets and one of the biggest doughnut eateries in the nation, Dunkin Donuts.

There is no business that is too small or too big that can afford not to hire a tax accounting company. It is one expense that will pay for itself in the long run, saving the business much more money than the cost itself.

Tax Breaks

Whether you’re just starting your own business or it is already established, a tax accounting company employs expert accountants with the experience and expertise it takes to help you manage finances the right you.

A professional tax accountant works with taxes and the IRS on a full-time basis. They are intimately familiar with the tax code and can help you benefit from every tax break that is available to your business.

They can show you how to make the most of the money you have coming in while receiving the best tax breaks, making the expense pay for itself and the service virtually free over time with all the money that is saved.

Tax Complications

Tax laws are continuously changing and new ones emerge each and every year. There are so many, only a professional whose job is to do so can keep up with them all. Hiring a tax accounting company will not only allow you to take advantage of any new tax breaks, it will help you to prevent errors which could lead to big trouble with the IRS down the road and even potential business loss.

There is nothing in the tax law that says a business must hire a tax accountant and some business owners handle them on their own. Often times, they realize too late that this was not a good idea. The most successful businesses realize the importance of using professionals.

Doing taxes on your own requires being up to do on all the tax laws, and hours and hours of precious time that could be spent on winning more clients and making money for the company.

Follow in the footsteps of businesses that have made millions, and use GoodAccountants.com as a tax accounting company that can ultimately help you to do the same.

Services Consumers Expect From A Tax Accounting Company

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What to Expect From A Tax Accounting Company?

We’re roughly one month away from Tax Freedom Day, commonly celebrated since working class individuals should have, theoretically, paid all their owed State and Federal taxes from their paychecks by this date.  For those, however, who’ve also not filed their personal or business taxation paperwork, you’ll need a trusted tax accounting company to assist where others simply cause havoc.  Of course with every scavenger hunt, there’s a prize awaiting the winner; in this case, those who’ve had ‘ok’ accountants before would find fruition by choosing Good Accountants for reason specified below.

Understanding Of Taxation Changes

The fiscal cliff at the turn of the year didn’t just affect possible job losses, payroll taxes, and the stock market, it also affected tax brackets. When the American Taxpayer Relief Act of 2012 was passed, six income tax brackets which had been created more than 10 years ago and which were scheduled to expire on the last day of 2012 were made permanent. In addition to these now permanent tax brackets, a new tax rate was added as a new top tax rate.

The types of tax issues that face the public are pretty straight forward but the methods of how these tax F aux pas occur are limitless. In whether it is a single tax payer like a Wesley Snipes or Willie Nelson or others of recognizable name. It could also be an extremely large company like Enron with or without the guidance of Arthur Anderson. The fact is no one or no company is beyond reproach when it comes to tax liabilities and how these dangerous and malicious maladies occur.  ‘Goodaccountants.com’ simply does their work while growing into the monstrous tax accounting company possessing pragmatic approaches many people can appreciate.

We Know Your Frustrations

We all love the chance to start a new year with new aspirations going forward. Something about bringing in a New Year when really nothing has changed but the calendar dates. Some things are finalized or closed out and others are opened, as a company who completes the annual business year on the calendar date of 12-31-12. The entire year is reported for income, expenses and items that are amortized, purchased, employee expenditures the whole ball of wax is on the line when the tax year closes.  Good Accountants goes the extra mile without charging the extra dime, understanding everything which financially closes out your year becomes a scramble for receipt finding.

3 Reasons to Use the Services of a Tax Accounting Company

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tax accounting companyEven if you’re a smart and savvy business owner, properly organizing, preparing and filing taxes can cause a bad case of anxiety. When it comes to taxes, no one can be too careful or too organized, and despite what some may believe, hiring a tax accounting company is not just for big corporations.

By forming a good relationship with a tax professional throughout the year, you’ll be far more likely to stay out of trouble with the IRS and reduce much of the stress that comes at tax time. Utilizing tax account experts should be considered a necessary business expense if you hope to continue to own a growing, successful organization.

A wide range of services

A tax accounting company can often provide a wide range of services in addition to tax preparation and filing. With the appropriate tax law knowledge and expertise for small businesses within your industry, they can ensure that you are in compliance with all of the practically endless and ever-changing tax laws.

Professionals are able to advise the business owner on tax breaks and other incentives in order to pay the fewest taxes while reaping rewards that are available in addition to providing invaluable tax planning advice.

Setting up your business

If you’re about to embark on a new business adventure, hiring a tax accounting company will allow you make the best decisions when setting up the company’s financial structure, serving as a guide for all of your business operations including setting up taxation and registration, and filing corporate tax returns.

Audit assistance

Most small business owners just don’t have enough tax knowledge or the time to acquire it in order to avoid a visit from the I.R.S.  By making use of the services of accounting professionals you can be assured that the financial records of your business are properly organized in order to be prepared should an audit occur, making the burden of proof resting with the I.R.S.

Knowing that a professional tax expert is on your side should an audit happen, will make the entire process much less stressful.

How can you find the tax accounting company that is right for you? Contact GoodAccountants.com with access to thousands of the most qualified across the nation.