That’s our purpose, whether working with you on once-a-year engagement or as your everyday full time accounting team. Welcome to the Find a CPA Directory, a free, online database of participating member firms. Searches can be performed by city, size of practice, specialization, and industry expertise. No matter which type of business entity you have, we can help you with your tax needs. S Corporations, C Corporations, and partnerships all have different tax implications, and it’s important to understand how these will affect your business.
Advanced Degrees as Qualified Education Expenses
- Check out the average hourly rate for accounting services in your region.
- These tools automate routine bookkeeping tasks, reducing errors and saving time.
- Many businesses hire accountants to manage their finances, and individuals often use accountant services to prepare their taxes.
- He has taken the time to review in detail our current situation and upcoming plans.
- And since Xero is a tool that many accountants use, you can certainly book a Tasker to give you tips for using Xero by yourself – then simply call the Tasker in to help you during tax season.
This support is crucial in resolving discrepancies or issues, ensuring contractors remain compliant and avoid potential penalties. Above all, Felicia is a trusted partner in her clients’ financial success, offering guidance, representation, and personalized solutions that go tax accountant for independent contractors near me beyond numbers to make a meaningful difference. We are so excited to have developed Zoombooks.app for Self-employed and small businesses. A tax exemption is an amount of money that you are allowed to earn without paying taxes on it. Tax exemptions are typically given for certain types of income, such as Social Security benefits or veterans’ benefits.
Apex Accounting Tax & Insurance Services
You should consult your own legal, tax or accounting advisors before engaging in any transaction. The content on this website is provided “as is;” no representations are made that the content is error-free. Save time with automated accounting—ideal for individuals and small businesses. With access to 1M+ customer reviews and the pros’ work history, you’ll have all the info you need to make a hire. A CPA serves as an intermediary between the contractor Oil And Gas Accounting and tax authorities, managing communications and negotiations with the IRS and state agencies.
- Certified public accountants (CPAs) are a common type of credentialed accounting professional you might encounter in your search for tax prep help.
- Dee is a former IRS Examiner and currently sits as Board Member of the Community Legal Services and Philadelphia Legal Assistance.
- When you outsource forensic accounting services, they can help provide neutral ground between parties.
- While a business owner may be able to take of all this on their own, it can be very time-consuming, and it can add up to the load of to-dos that will continue to grow as the business takes off.
- Beyond filing tax returns, Felicia excels in proactive tax planning, helping clients develop effective strategies to minimize tax liabilities and achieve their financial goals.
- If a tax consultant offers filing services, be sure to vet their credentials and research whether or not they have unlimited representation rights before deciding if they’re the right fit for you.
- With Paramount, you can rest assured that your tax preparation is in the hands of seasoned professionals.
Recent XERO Accounting tasks
Our team is adept at managing an array of tax situations, from simple personal income tax returns to complex corporate filings. We ensure our clients’ compliance with tax laws while leveraging various strategies to optimize their tax positions. Our thorough understanding of the tax code, coupled with our dedication to staying abreast of accounting regulatory changes, allows us to provide top-tier tax preparation services.
CPAs streamline the filing process, ensuring all deductions are claimed and income is reported accurately, maintaining IRS compliance. This meticulous approach provides peace of mind to contractors, knowing that their tax returns are handled professionally. Accurate financial records are the backbone of any successful business. Accurate financial records are essential for managing tax withholding, ensuring that independent contractors comply with tax laws and avoid financial surprises. For independent contractors, precise bookkeeping is vital as it tracks income and expenses, informs business decisions, and helps avoid potential pitfalls.
Contact Us Today for Tax & Bookkeeping Services for Independent Contractors!
I had the pleasure of working with Stella and she was absolutely incredible. I had received what I suspected was bad advice from a previous tax preparer, and I was looking for another professional opinion on a specific tax situation. Stella confirmed what I had suspected about the previous tax situation being handled incorrectly by my former preparer at a different firm, and helped me fix the problem. Stella was prompt, exceedingly professional, and actually took the time to explain everything.