General Service Information:

Who is your ideal client?

Our ideal client is a small business owner located in the USA with no foreign owners or foreign investments. Ideally, these businesses have a net income between $50,000 and $500,000.

Can I use individual services outside of your service packages?

While we mainly operate based on our comprehensive packages, we do offer standalone year-end tax preparation services. However, setup assistance is only available within our package offerings.

How fast do you respond to messages?

We endeavor to respond to all messages within 24 to 48 hours.

Do you have a physical office location?

We are a fully remote organization, providing services over the phone, via email, and through TaxDome. All your original tax documents and receipts remain with you.

Do you serve clients in other states?

We serve clients in many cities and states across the US, with the only exception being New York City.

Client Specifics and Requirements:

I own a small business with a net income outside the range of $50,000 to $500,000. Can I still benefit from your services?

Yes, absolutely! The income range is our area of specialty, but we have experience and resources to assist businesses outside of this range. We encourage you to get in touch so we can discuss how our services can be tailored to fit your specific needs.

I have foreign investments. Can you help me?

Our primary focus is on businesses without foreign owners or investments. However, we may be able to provide guidance or refer you to a specialist in international tax law. Please contact us to discuss this further.

Can you assist a business earning less than $50,000 per year?

Absolutely! While our typical clients earn more than $50,000 per year, we’re happy to assist smaller businesses as well.

Can you assist a business owner with rental properties?

Certainly! Many of our clients are business owners who also own rental properties. We can help establish bookkeeping for your rentals and ensure they’re correctly reported on your tax return.

Can you set up a new business for me?

While we can provide advice on setting up a new business, we don’t provide state registration services, as we are not attorneys.

Bookkeeping and Financial Management:

How can your bookkeeping service benefit my business?

Keeping precise and timely records is crucial to understanding your business’s financial health. By entrusting us with your bookkeeping, you’ll always have an up-to-date view of your financials. This enables you to make informed decisions and provides us with the necessary data to optimize your tax strategy.

How does your payroll management work?

We partner with Gusto to offer comprehensive payroll services. This ensures you’re fully compliant with all government registrations and deadlines, helping you avoid costly penalties.

What is included in your Peace-of-Mind Guarantee?

We are fully confident in our services and stand behind our work. If you face any penalties or interest due to an error on our part, we will cover those costs. Additionally, we include Audit Defense with our tax returns, ensuring you have professional representation in the event of an audit.

Do you support invoicing/accounts receivable and accounts payable functions?

Our services do not directly cover invoicing or accounts payable/receivable management. However, we offer guidance to ensure these transactions are accurately recorded.

What bookkeeping software do you use?

Our preferred software is QuickBooks Online. It is the platform of choice for the majority of our clients, allowing us to specialize and deliver exceptional service.

Can you assist me if I don’t have any bookkeeping setup yet?

Yes, we’ve assisted numerous clients in setting up their bookkeeping. Our approach ensures a stress-free process for you.

How long does it take to tidy up my bookkeeping?

The time frame varies depending on the amount of work involved. Generally, we can clean up a year’s worth of bookkeeping within 1 to 3 weeks once we’ve received the necessary access and statements.

Can you help me interpret my financial statements?

Although we don’t offer financial statement analysis or forecasting services, we’re committed to helping our clients understand their financials for informed decision-making.

Can you assist me with retirement savings?

While we don’t provide personal financial planning services, we can guide you in establishing and managing the tax-saving aspects of retirement plans, such as a solo 401(k), IRAs, and other qualified retirement accounts.

Tax Preparation, Planning, and Strategies:

How can I schedule my free one-hour consultation?

Please fill out the form provided on our landing page with your name, email address, a brief description of your business, and the best time to reach you. A member of our team will contact you shortly to schedule your consultation. The free consultation is subject to availability and is offered on a first-come, first-served basis.

What tax preparation and planning services do you offer?

We offer a range of services designed to help small business owners navigate the complex world of taxes. These services include:

– Complete Income Tax Preparation
– Strategic Tax Planning
– Precise and Timely Bookkeeping
– Quarterly Tax Reviews
– Comprehensive Payroll Management
– Round-the-Clock Support
– Peace-of-Mind Guarantee

Do you assist with filing tax extensions?

Absolutely! We strive to meet all tax deadlines, but we understand that certain circumstances may require an extension. We provide free extension filings for clients who engage with us before the filing deadlines and help identify any payments required with extensions.

How long does tax return preparation typically take?

While we’ve completed tax returns within a week, it takes an average of 2 weeks, provided the business owner promptly responds to our requests. Some clients may take longer if they’re unable to provide needed information quickly.

Can I file as an S-corp for the previous year if I forgot to file Form 2553?

This depends on your specific circumstances. We suggest discussing this during your free consultation.

Do you offer tax strategy services?

Absolutely! Unlike many companies that charge hefty fees for tax strategy planning, our packages include both planning and implementation of tax strategies.

Do you review past returns?

Yes, we review at least the prior year’s tax returns for all our clients.

Which tax strategies do you specialize in?

We develop and implement a range of strategies, including:

– S-Corp Election
– Home Office Deduction
– Business Use of Vehicle
– Deferred Income Strategies
– Section 179 Deduction and Bonus Depreciation
– Augusta Rule
– Employing Your Children
– Health Insurance Deduction
– HSA Contributions
– Tax Loss Harvesting for Investments
– Cost Segregation for Real Estate

Miscellaneous Support:

Do you work with Xero?

No, we do not work with Xero.

Do you work with Zoho Books?

While we have worked with Zoho Books in the past, we have since focused our expertise on QuickBooks Online.

Do you work with Waveapps?

We work with Waveapps on a limited basis, specifically for clients with less than 10 transactions per month.

What software do you use for payroll?

We partner with Gusto to provide payroll services. We also partner with JustWork for clients who wish to utilize a Professional Employer Organization.

Software and Platform Specifics:

Do you assist with sales tax filings?

While we no longer offer a specific sales tax filing service, we can provide guidance on determining a business owner’s sales tax liability.

Do you offer assistance for IRS notices?

Yes, we assist clients in responding to most notices received from the IRS or state agencies. For more complex issues, we can guide you through hiring specialist help.

Do you help with budgeting?

We recommend the Profit First method for small business budgeting and cash management. We do not offer traditional business budgeting services.

Do you assist S-corp owners with determining reasonable compensation?

Yes! A majority of our clients are S-corps, and we help each owner determine their W2 compensation through a comprehensive reasonable compensation report.

What if I’m not happy with your services after 6 months?

While it’s never happened, if you are not satisfied with any of our comprehensive packages after 6 months, we’ll refund you in full. This doesn’t apply to one-time services like prior-year tax preparation or bookkeeping cleanup.