Business Tax

Returns

Today’s tax and business environment seems to be evolving and changing on a daily basis. The COVID pandemic and economy created an influx of programs like the PPP and SBA Loans, employee credits, and record numbers of people working from home.  How do we treat these items?   All the changes in the tax code over the last couple of years have significantly increase the complexity of filing and compliance.  Our goal is assist our business clients take advantage of the current economic conditions and tax savings opportunities.  

Please contact us to see how we could help your business answer these questions.

  • Is my current entity type the best option for my business?

  • Are my books currently giving me the best tax deductions?

  • Should I purchase or lease a new vehicle/Equipment?

  • How will the recent tax code changes affect my business?

    • Qualified Business Income Deduction?

    • Excess business losses

    • Net operating expenses

    • Meal and entertainment expenses

    • Payroll Protection Program

    • Fringe benefits

    • Depreciation

    • Business tax credits

  • How can I claim any of the payroll tax credits?

    • Paid leave for vaccines

    • Employee retention credits

    • Sick and family leave

  • Should I set up a retirement plan?  If so, which one?

  • When should I start tax planning?

  • What is the Section 179D deduction and the Research and Development Tax Credit?

Education of our staff is a year round process and we routinely exceed the state mandated amounts. We are dedicated in selecting the best tax classes at the federal and state level to give us the training we need to assist our business owners in making the decisions they need not just for the current year but for those down the road. 

Industries We Serve

  • Manufacturing

  • Tool and die

  • Software

  • Real estate

  • Construction

  • Professional corporations

  • Advertising

  • Arts and  Entertainment

  • Custom Manufacturing

  • Farming

  • Professional, Scientific & Technical Services

  • Restaurants

  • Retail and Wholesale

  • Special Trade Contractors

  • Transportation