Our investment in software, research and continued education enables us to accurately and efficiently prepare returns for various types of entities including individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations.
We can help you proactively manage both your personal and business tax situations. We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.
You can count on us for professional, timely and reliable services, which include the following:
Tax Preparation & Planning
Personal & Business Tax Returns
Estate, Gift & Trust Returns
Out-of-State & Multi-State Returns
Payroll & Sales Tax Reporting
Individual & Business Tax Planning
Authorized IRS E-file Provider
Tax planning is an essential element of the tax preparation process. By making tax planning part of your overall business strategy, you can use our experience and access to the most current new developments in the tax laws to minimize both your current and future tax liabilities.
Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. As your business needs grow and change, we can provide input to make sure your accounting and financial systems keep pace with your business needs. Our staff can assist you with the day-to-day tasks associated with bookkeeping.
As a true business partner, we are available to help you deal with any business problem or opportunity. We stand ready to engage in business consulting projects to help you make the right decisions for the future of your business.
IRS Problem Assistance
An IRS audit can be an intimidating and complex process. If you or your business face an IRS audit, we can help or represent you with our Enrolled Agent on staff.
Responding to IRS / FTB Inquiries
IRS & State Audit Representation
Appeals & Collections
Prior-Year or Amended Returns
Lien & Levy Releases
Offers in Compromise & Payment Plans
As a business grows, it must hire more employees, which can result in increased payroll administration and a headache. Constantly changing federal, state and local laws and tax regulations make payroll management an ongoing challenge for business owners. Daily, weekly, monthly, quarterly or yearly, depending upon applicable state or federal regulations - we can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system.
The penalties for late payment, late filing and other errors of commission or omission are ominous. When to file is determined on a per taxpayer basis and depends upon a wide variety of factors. How much to pay depends upon state and federal guidelines that can be confusing and seem contradictory. Your failure to comply can be extremely costly in penalties and time-consuming.
The Tax Place provides a cost-effective solution for business owners. Hire us or we can teach you how to do your payroll and create your required quarterly and annual reports, including the required W-2 forms or let us do it for you. You will know how much to pay, where to pay and when to pay.
Business Entity Selection
Choosing the form of entity of your business (e.g. "S" corporation, sole proprietor, LLC, partnership…) is a crucial decision that can have longstanding tax implications, positive or negative. . It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.