Tax Preparation for Zebulon Small Businesses

Most small business owners in Zebulon have two goals when it comes to their small business taxes: to make sure your taxes are accurate so you don’t get penalized and to pay as little as possible. These are certainly understandable, but to achieve these goals, you need to have a comprehensive understanding of both state and federal tax codes, especially after recent changes. While many business owners rely on software to do their taxes, they’re often missing out on deductions and paying more than they should.  

Experienced Tax Preparation for Rolesville Businesses

small business tax preparation in zebulonAt C.E. Thorn, CPA, PLLC, our small business accounting services for Zebulon businesses include professional tax preparation. Led by Carson Thorn, our knowledgeable team of CPAs can help you pay as little as possible using ethical tax practices. Also, we will walk you through the process so you understand more about your business, your deductions, and how tax codes affect you personally. 

Small Business Tax Preparation Checklist

To help you complete your return accurately and minimize your owed amount, you’ll want to have as much documentation as possible regarding the following deductions:

  • Home office deduction
  • Keogh plan
  • SIMPLE plan
  • SEP
  • 401(k) plan
  • First year expenses of business equipment
  • Bonus depreciation
  • Year-end bonuses
  • Bad debt write-off
  • Disabled access credit
  • Other business tax credits
  • Tax-free exchange

Individual Tax Preparation Services

If you operate a sole proprietorship, LLC, or simply want to turn over both your business and personal tax preparation needs to an experienced accountant, let us help. We can consider your income from your small business and maximize your personal deductions and help you get the largest return possible.

Individual Tax Preparation Checklist

  • Roth IRA
  • Rollover to Roth IRA
  • Tax-deductible IRA
  • Child tax credit
  • Income shifting to children
  • Child care credit
  • Earned income credit
  • Lifetime gifts
  • Education savings accounts
  • Education expenses
  • Hope scholarship credit
  • Lifetime learning credit
  • Bunching deductions
  • Flexible spending accounts
  • Health savings account
  • Donating appreciated assets instead of cash
  • Qualifying property for personal residence gain exclusion
  • Wisest filing status
  • Shifting income or deductions from year to year
  • Adoption expense credit

Investor tax preparation checklist:

  • Tax-free municipal bonds
  • Long-term capital gains and dividends
  • Rental property
  • Tax-free exchange
  • Low-income housing credit
  • Small business stock rollover

Contact Us to For Tax Preparation Services in Zebulon

We’ve partnered with business owners in Zebulon for over three decades, providing comprehensive tax preparation and accounting services. We take pride in helping hundreds of clients each year find deductions and tax breaks and reduce their payment. To learn more about our services, give us a call at 919-420-0092 or fill out our contact form today!

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