While we offer full-service bookkeeping to small business clients, we depend on your active participation to ensure accuracy Bookkeeping for Etsy Sellers so that you can make critical business decisions based on up-to-the-minute data. From free tax consultations to our professional financial services, 1-800Accountant values and embraces transparency. Your tax consultation is totally free of charge, with no strings or expectations attached.

• From free tax consultations to our professional financial services, 1-800Accountant values and embraces transparency.
• Or worse, you could trigger IRS penalties and increased scrutiny, further stressing your capacity.
• “The bookkeeping service I have is excellent. I have used this service for 3+ years, which has made business financial management much easier.”
• We use dedicated people and clever technology to safeguard our platform.
• We’ll run your payroll for you, ensuring accuracy and compliance.
• Most small businesses in Texas will have to file and pay a franchise tax in place of a corporate income tax like in most states.

Frequently Asked Questions about Small Business Taxes

• Your expert tax advisor will guide you through each step, ready to offer solutions to even the most complex business tax challenges.
• They fabricated data on my tax return and when i try to question where the information came from i have not gotten any answers.
• Best of all we automate the process so you don’t have to think or do anything and can focus on what matters – your business.
• Our mission is to provide financial expertise to businesses in every state and industry, enabling owners and entrepreneurs to minimize tasks while maximizing tax savings.
• Virgina Agosto was really friendly and knowledgeable and I’m thankful to have someone virtually hold my hand to walk through the complexities of running a business.

You’re entitled to unlimited tax consultations between your tax advisor and accounting team members, ensuring you’re always supported and fully covered. You may file small business taxes yourself or enjoy the professional services of 1-800Accountant. If you’re interested in our service, please schedule a consultation call with our experts. They’ll gather information about your business, industry, state, 1800accountant and tax situation, then recommend the best path forward to maximize your tax savings. 1-800Accountant, America’s leading virtual accounting firm, offers financial services to small businesses nationwide, serving a diverse range of industries across all 50 states.

• Running payroll and benefits is easy with experts on your team.
• Getting a monthly report of my profit and loss has kept my thoughts clear to operate my business and make better financial decisions.
• And depending on the nature of the business it undertakes, the LLC may have to pay or collect sales taxes, withholding taxes, and other taxes.
• Expense transactions are recorded when you become legally obligated to pay for a product or service received.
• You’ll have tax and compliance issues to grapple with throughout the year.
• The IRS will typically send a warning notice before implementing punitive actions.

Accounting and Bookkeeping Services in Huntsville, Alabama

Get unlimited access to a dedicated accounting team and proactive, year-round tax planning and advice. Our accountants submit your small business payroll taxes every time we run payroll for no additional charge. If you don’t file business taxes, there will be consequences from the IRS. Some of the potential consequences include levies and liens, fees and penalties, and criminal charges for the most egregious violations. The IRS will typically send a warning notice before implementing punitive actions.

The Best Bookkeeping for Small Businesses

While corporate income taxes apply to profits, franchise taxes do not. Small business taxes for LLCs, S corporations, and sole proprietorships in Florida do not exist as these entity types are tax-exempt. You will have a corporate tax burden of 5.5% if your business is formed as a C corporation. In order to do payroll in Florida, you will first have to register with the state and establish your payroll process. While starting up can take time, running payroll on a regular basis is truly time-consuming, costing you precious hours each period. When you work with the payroll professionals at 1-800Accountant, we handle payroll for you so you can focus on your business.

• The benefits of forming as an LLC in Texas include personal liability protection, few formal business requirements from the state, and the flexibility that allows you to choose how you would like to be taxed.
• If you’re interested in our service, please schedule a consultation call with our experts.
• For full-time residents and their families living in Tampa, there’s so much to enjoy.
• Our accounting experts handle your business’s difficult financial responsibilities end to end, freeing you to focus on your next milestone.
• It was a no brainer for me, after my accounts were synced up and on auto pilot, bookkeeping wasn’t a burden any longer.

Frequently Asked Questions about Payroll

The cost to register a small business LLC in Florida is $155 in filing fees, which includes a certified copy. Costs will vary when registering other entity tax classifications in the state. The cost of using a traditional CPA in Florida varies and commonly involves an hourly rate, which can add up fast. 1-800Accountant can determine the right package for your small business during your free consultation. The more our small business experts learn, the better they can zero in on the best package for you. The sales tax in New York state is generally 4% plus a percentage dictated by the locality where you’re headquartered.

Bookkeeping forBusy Professionals

Kristin helped me setup payroll for my company and helped me transition smoothly once I was looking to move on to my own personal payroll management. Overall, I would recommend for any new or experienced business assets = liabilities + equity owner. A bookkeeper is a person employed to keep the records and financial affairs of a business. Bookkeepers are responsible for some (or all) of an organization’s financial information, which is generally known as the General Ledger.