When it comes to tax preparation for your small business, your goal is to provide accurate reporting and documentation while ethically reducing your tax burden. Achieving this goal can be a complex task that requires comprehensive tax knowledge and accounting experience so you can take each deduction you’re eligible for. While many business owners rely on tax software, it doesn’t provide you with the in-person knowledge that comes with working with a skilled, experienced accountant.
At C.E. Thorn, CPA, PLLC, we offer all types of small business accounting services to Hillsborough businesses and organizations, including tax preparation, payroll, and bookkeeping. With our experience and knowledge we will work to get you the lowest tax bill possible while also saving you the time and stress of trying to do taxes yourself. Our customized solutions and personalized service mean we go beyond tax preparation, we’ll be there to answer questions and explain any concerns you may have about the process.
In order to guarantee accurate reporting while minimizing your tax burden, you’ll want to make sure you have financial records and documentation available to get the following deductions:
If your business is a sole proprietorship or LLC in which your business income is absorbed into your personal tax return, or you want to hand over your both your business and personal tax preparation needs to one experienced accountant, we also provide individual tax services in Hillsborough. By being familiar with your business tax information, we can look at your income and expenses and leverage your deductions to help you get a large return or a smaller bill.
To accurately prepare personal or individual taxes for our business owner clients, having documentation and accurate records for the following deductions is helpful:
Investor tax preparation checklist:
We’ve worked with local businesses and organizations for over 30 years and take pride in offering personalized service that helps our clients save money and succeed in business. To learn more about our services, give us a call at 919-420-0092 or fill out our contact form today!