Accounting Tax Prep Made Simple

1. Accounting Tax Prep Made Simple In simple terms, tax refers to the involuntary or compulsory cash contribution to authorities, such as the government. You can either manually or electronically file your tax liabilities to the regulating bureau. It can be divided into two major categories – direct taxes and indirect taxes. As the names imply, a direct tax cannot be passed on to another entity as it is paid directly to the government. In contrast, an indirect tax can be transferred to another individual as it is paid indirectly to the government. Payroll and corporate taxes are examples of a direct tax; hence, these are directly taken from an individual or corporate earnings. Value Added Tax (VAT) and excise tax are examples of an indirect tax as even if these are charged to the manufacturers or suppliers, they can pass the burden to consumers. Most individual adults are practically aware of what taxes are and how the tax system works. The problem, however, starts when one needs to file his/her fees personally. With all the reports and statements to be prepared, as well as the countless forms to be filled out, tax preparation can be exhausting. As entrepreneurs, the extreme excitement and high adrenaline of running a business are usually toned down with the various tedious accounting tasks to be accomplished. Fortunately, a lot of competitive firms in the Business Process Outsourcing (BPO) Industry are qualified and willing to do all these works for you. Get Rid of Accounting Tax Prep By getting rid, we do not mean “do not do it,” not unless you are willing to go on a draining battle with the Internal Revenue Service (IRS). Believe it or not, you can still accomplish your taxes without all the hassle and without wasting so much of your resources. Together with other accounting or bookkeeping tasks, you can outsource the preparation and filing of your employees’ and your business’ taxes. In fact, you can save a chunk of money when you choose to outsource as you will no longer need to undergo the tiring process of hiring, training, and monitoring your in-house accountants. Also, you will not need to worry about providing the hardware and software tools required to prepare and file your taxes correctly. You only need to worry about which of the many accounting firms across the globe should you trust. Though lucky for you, you are already on this page, and you do not even need to worry about that. Bookkeeping Arden-Arcade, CA, is home to well-trained professionals and dedicated experts who can streamline your books of accounts and accomplish any time-consuming office works for you.

2. We Can Definitely Do That for You We, at Bookkeeping Arden-Arcade, CA, can efficiently accomplish all or any tax-related tasks for you, together with other accounting services like maintaining client portals, filing documents, running payroll online, preparing financial statements, analyzing reports, interpreting data, and more. On top of calculating and filing compensation taxes for your employees, which are part of our payroll services, we can as well handle your personal and your business taxes. With us, you can get access to a premium accounting system and the best-outsourced accountants in the industry. Our professionals and experts work under the laws and regulations governed by the Internal Revenue Code. Moreover, we are licensed to prepare and file taxes on behalf of the taxpayers; we only allow our certified public accountants (CPAs) and enrolled agents to handle tax-related tasks delegated to us. From collating all needed information and documents to itemizing allowable deductions to filing your taxes – we got you covered. 1. Financial Reports Analysis You can choose to also entrust us with preparing and balancing your financial statements. Nevertheless, we will need these data to ensure we get the correct numbers when making your taxes. With no bias or carelessness, your assigned virtual accountants will go through all your books and documents within the fiscal year to guarantee the accuracy of the figures to be included in your tax forms. 1. Tax Documents Fill-up Following standards and protocols, we will fill out all required tax forms for you, itemizing your standard taxable assets and allowable tax deductions. Once all forms are filled out, we will send you copies to ensure we got everything correct, especially your personal or company information.

3. 1. IRS Filing After you sign-off and agree to all the details included in all of the forms, these will first undergo another two-level verification where different teams will validate and look into the data to ensure nothing is overlooked or improperly declared. As soon as everything is settled and verified, we will file the papers to IRS and forward you copies of the acknowledged and sealed forms. 1. Database Maintenance Our competitive and dedicated professionals do not stop at filing your taxes. All used reports and documents are filed and organized in a secured and safe database. We take this extra mile for you to have a quicker and cleaner reference. Furthermore, we provide a final report containing an analysis of your financial status and recommendations for the following fiscal year. See, taxes should neither be complicated nor consume a chunk of your resources. A firm of professionals, like Bookkeeping Arden-Arcade, CA, are tirelessly innovating and continuously upgrading to assist business owners like you. We understand that running and operating a company, no matter how big or small, is painstaking enough, which is why we have made it our business to assist you with your business. We hire and nurture professionals to ensure we accomplish tasks per your high standards and benchmarks. After all, we know you only want the best for your business, so we only deliver outputs that are with optimal and uncompromised quality. On top of working with professionals and experts, we utilize software and tools that are regularly checked-up and upgraded to ensure efficiency and timeliness. Message or call us, whichever is convenient for you, so we can now start with your tax preparation, filing, and analysis. Here, at Bookkeeping Arden-Arcade, CA, you can rest assured your taxes are accurately declared down to the last cent!