Accounting
Take Control of Your Finances with Clear Reporting and Guaranteed Tax Compliance
Accounting in the U.S. is not just about keeping financial records; it also involves complying with federal and state tax obligations, preparing reliable financial reports, and ensuring your business is in good standing with the IRS and state departments. Our comprehensive accounting service gives you full control over your finances and helps you make strategic decisions.
Activities Included in Business Accounting:
Organization and Accounting Records
- Recording income, expenses, purchases, and sales.
- Monthly bank reconciliations.
- Management of accounts receivable and accounts payable.
- Compliance with tax regulations.
- Advisory services to optimize your tax burden.
Federal and State Tax Obligations
- Calculation and filing of Federal Income Tax.
- Filing of state income or franchise taxes (varies by state).
- Sales tax reporting in applicable states.
- Withholding taxes for contractors and payments reported on Form 1099-NEC/MISC.
- Compliance with the IRS and State Departments of Revenue.
Key Reports and Forms
- Form 1120 / 1120-S: Corporate tax returns (C-Corp / S-Corp).
- Form 1065: Informational return for partnerships.
- Schedule C (Form 1040): For sole proprietorship businesses.
Periodic Financial Reports
- Balance Sheet.
- Income Statement.
- Cash Flow Statement.
- Preparation of mandatory annual and state reports to keep the business in good standing.
Accounting Compliance and Support
- Filing reports with the IRS and state agencies within established deadlines.
- Advisory services to structure deductible expenses and optimize taxes.
Additional Benefits of Our Service
- Customized financial reports for investors and banks.
- Ongoing advisory for business growth and tax compliance.