Tax Accounting & Representation
It’s Better to have a professional represent you to the IRS
Tax Accounting & Representation
Tax Accounting Helps You Save Money
As productive members of society, we all face a host of taxes on a regular basis. We pay sales tax, income tax, tax to support Social Security and Medicare and several hidden taxes. As a tax accountant, I help my clients understand and minimize their tax liability.
For the business owner, the load is even heavier. Some examples of how government at all levels impact the bottom line include:
Sales tax – The shop keeper must collect the tax where the sale happens. With the recent Supreme Court decision in South Dakota v Wayfair, if a business ownership is in another state, that business owner may have to compute and send sales tax to a state where they do not live or work.
Income tax – All profitable businesses must pay income tax. Some will report the income on their personal returns, others on separate returns. How much of a business’s income is considered taxable is completely dependent on the total revenue minus all legitimate deductions. It is the tax accountant who helps the business owner find those deductions. It is also the tax accountant who gives the business owner valuable insight on how tax policy affects the business’ changing financials. Whether the company buys new equipment or changes the product line, or any other decision has a tax component. As a trusted advisor, the tax accountant provides information that allows key decision makers to take actions that will help the bottom-line profitability with minimal adverse tax consequences.
Employee (payroll) taxation – The business owner is not only responsible for withholding appropriate taxes from employees but must match the FICA and Medicare taxes paid by the employees. They are also responsible for ensuring the total tax is sent in a timely manner to the appropriate agency.
Business and other taxes – Most jurisdictions charge taxes on revenue created within their boundaries above and beyond those described above. These taxes must also be paid timely.
Crypto (virtual) Currency – This new and exciting investment option has it’s own tax ramifications. Have no doubt, the IRS is targeting those who have virtual or crypto currency transactions. Many of these trades have not been reported properly. We have specialized training to help the virtual currency trader comply with laws and safeguard hard earned profits.
The tax accountant monitors the deadlines, acts as a trusted advisor to decision makers and often completes all reports. Sometimes we facilitate the transfer of money between the client and the taxing agency, but only with prior consultation and approval.
Let Books, Taxes & More help you turn your accounting department into a strategic, cost-saving aspect of your company.
We’ll Help You Deal With The IRS
Few things can be more frightening than getting a letter from the IRS about your taxes. For many people, it’s difficult to even understand what’s happening.
Abraham Lincoln once said, “He who represents himself has a fool for a client”. The same could definitely be said for someone who tries to handle the IRS alone. In fact, it’s a great way to end up paying more. Let us bring our experience and expertise to your situation. Call the pros at Books, Taxes & More.
Need IRS Help?
Letters from the IRS are a definite cure for sleep. Anyone who has IRS trouble will tell you that. Who do you turn to for help?
We’ve got decades of experience helping our clients effectively work through tax problems. Let us help you better understand the problems and develop a practical plan to address the issues. We’ll represent you and work with the IRS on your behalf. We’ve been able to help many clients over the years address their IRS issues and reduce or in some cases eliminate tax penalties. Let us help you get back on track.
The IRS has the ability to come at you aggressively. They have the authority to garnish your wages and more. Don’t let this happen to you. Call us and let’s talk about what we can do for you. Don’t try to handle the IRS alone.
Our Service Area
Since 2003, we’ve worked with businesses from many different industries. We’re located in Stone Mountain, but we’ve worked with companies all around Gwinnett County and the rest of Atlanta including Norcross, Duluth, Suwanee, Lawrenceville, Johns Creek, Alpharetta and more. Call us, and let’s talk about how we can help.
Why Choose Books, Taxes & More
When it comes to managing your business finances, it’s essential that you look for two characteristics: experience and trust.
With more than 30 years of experience helping business owners manage their tax liabilities, we have the expertise you need. We can help you avoid the suspense of finding out what you owe Uncle Sam every year.
Besides our outstanding rating with the BBB, we have a long history of businesses that we’ve helped. We’ve taken the trust they’ve given us and helped them grow into sustainable entities. Let us do the same for you.