Chapel Hill Small Business Tax Reporting

As a Chapel Hill business owner, your time is extremely valuable and ned to stay focused on operations and growth opportunities. Unfortunately, bookkeeping and tax preparation require you to spend large amounts of time away from where you excel.

This is where the experience of a Raleigh small business accounting team can help. Our accountant has more than 30 years experience helping small businesses in the Triangle maximize their profits and minimize their headaches.

Why Your Business Needs Professional Accounting Assistance

Our team will work with your company to provide comprehensive tax planning that will help you prepare for tax payments throughout the year. Many businesses pay taxes quarterly while others plan to pay on an annual basis. Our team will guide you through the tax process to determine what payment plan is best for your business.

Our accountant can help lower your risk of being audited and reduce your tax burden by ensuring you’re taking advantage of applicable deductions.

Tax Forms For Small Businesses in Chapel Hill

Things a Small Business Needs to Properly File Taxes

Income Statements

  • Receipts and Sales Records for Goods and Services
  • Interest Earned from Bank Accounts
  • Inventory/Materials and Supplies
    • Cost
    • Quantity
    • Value

Business Expenses and Liabilities

  • Payroll
  • Transportation
  • Supplies
  • Fees
  • Office
    • Rent
    • Utilities
  • Maintenance
  • Insurance Premiums

Our accountant can walk you through what you need and what you don’t to reduce the stress of business tax reporting.

Contact Our Chapel Hill Small Business Accountant for Support

If you are in need of tax preparation for your Chapel Hill area small business, contact our team today for qualified, professional assistance. Our small business accountant is ready to serve you. Call our office at 919-420-0092 or complete the online contact form.

*Information presented on this website should not be construed as formal accounting or tax advice or the formation of an Accountant/CPA-client relationship. Additionally, any email sent to C.E. Thorn, CPA, PLLC at the email addresses set forth in this website will not create an Accountant/CPA-client relationship.