A dollar saved is a dollar earned. Tax planning is an extremely important task you must focus on not just at the end of the year but throughout the year. Tax planning should ideally begin on the first day of your tax year. Tax laws are very dynamics, tax changes happen every day. Keeping track of all tax changes that apply to your business and personal situations is not an easy task. Let our experts handle your tax planning. We will engage with you throughout the year and help you identify all areas for tax saving.
We prepare and file tax returns for individuals and businesses (partnership, LLC, S-Corp, and C-Corp). With attention to detail, we will cover every available tax deduction, and tax credit so your tax bill is the lowest possible. It is our goal to ensure compliance with the tax law while keeping your tax obligation at the minimum. Through extensive use of technology, we prepare and file taxes in the comfort of your home.
You are required to file quarterly employment tax reports – Form 941 with the IRS and Employer’s Quarterly Report with Texas Workforce Commission or any other state agency where you conduct business. Often tax deposit deadlines are different than report filing deadlines. Keeping track of numerous deadlines is a challenge, and not certainly your business. You have better things to do. We will ensure timely tax deposits and file tax reports
If you have a financial interest in or signature authority over a foreign financial account, exceeding certain thresholds, you may be required to file Report of Foreign Bank and Financial Accounts aka FBAR.
Per the provisions of the Foreign Account Tax Compliance Act (FATCA), U.S. individual taxpayers must report information about certain foreign financial accounts and offshore assets on Form 8938 and attach it to their income tax return, if the total asset value exceeds the appropriate reporting threshold. Form 8938 reporting is in addition to FBAR reporting
Our tax experts will help you comply with FBAR and FATCA provisions