Business Tax Preparation Raleigh NC
As a small business owner, managing your own accounting matters and filing your business taxes can be time-consuming. Not to mention reducing your taxable income by identifying all of the tax breaks you qualify for presents a challenge. If you have been using accounting software to prepare and file your taxes, you may be missing opportunities to reduce your taxable income, resulting in a higher tax bill. To that end, enlisting the assistance of a tax preparation CPA may prove to be a smart financial decision for your business.
C.E. Thorn, CPA, PLLC is a certified public accounting firm located in Raleigh that has been preparing tax returns for numerous local businesses, and we are ready to help you too. Why enlist the assistance of our CPA firm? Because for over 30 years, we have managed bookkeeping and generated financial statements for small business owners like yourself. And with our accounting assistance and ease of access to your financial statements come tax season, you may find that having your taxes prepared and filed isn't the chore it once was.
Have Your Taxes Filed with Our Raleigh CPA Firm
When you work with C.E. Thorn, CPA, PLLC throughout the year as a small business owner, we offer to prepare and file your personal tax return too. This gives you one point of contact for your tax filing needs and creates a consistent relationship for both business and personal tax returns. To learn what documents we need to file your tax return or to request more information, call us at 919-420-0092 or fill out the form below.
FAQs About Tax Preparation Services
How do I choose the right tax preparer?
Choosing the best tax preparer is a difficult decision, so we encourage you to take a deep dive into a variety of CPA’s service offerings to see which one best fits your needs. If you are based in Raleigh, NC our firm offers accounting and bookkeeping services for small businesses. Otherwise, if you are in need of individual tax preparation services, there are many reputable accountants in the area you can choose from. We encourage you to research, read reviews, and even ask friends or colleagues for recommendations before you select someone to prepare your taxes. After all, it’s a big decision when someone else is handling your taxes!
Are tax preparation fees tax deductible?
Tax preparation fees may be tax deductible, but it depends on a few factors. Typically, tax preparation fees are a deductible business expense but not a personal tax deduction. It’s important to note that you may not be able to deduct the entire cost of the tax preparation fees. You can only claim the amount of the fee that was accrued by preparing the business portion of your taxes. The rest, including the standard deduction, personal deductions, and credits fall into personal expense.
Should I pay someone to prepare my taxes?
Since many businesses miss opportunities for tax deductions each year, we recommend having a professional and reputable CPA prepare your taxes so you can get the most out of your tax return. In addition, a CPA should charge a fair price to identify errors on your tax return and keep you informed of new and updated tax laws.
If you are based in or around Raleigh, NC, we invite you to reach out to C.E. Thorn, CPA, PLLC today at 919-420-0092 to inquire about our tax preparation Raleigh NC services.
Inquire About Our Tax Preparation Raleigh NC
Contact us by form or call 919-420-0092 to learn more about our tax preparation services in Raleigh NC.
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