Services
If you’re looking for a firm that will focus on your individual needs, and always treat you like a client who matters, look no further. Our firm is large enough to offer a full range of professional services, but small enough to give you the individual attention that you deserve.
We will thoroughly and conscientiously study your personal situation, and tailor our advice to your specific needs.
Audits and Audit Reviews
Our audit and audit review capabilities are a necessary part of our services. We understand that the IRS and some states request additional information to verify certain deductions taken on the tax returns. Some audits require nothing more than a simple letter or missing tax document. Other audits require more in depth paperwork and back up documentation. We strive to help you with this process while helping to reduce the stress that usually accompanies these situations. The must know understanding is that these situations can take anywhere from 3 months to 2 years to fix depending on the complexity and scope of the audit. Also we would like to stress that if you have received a letter of audit and have made payments within the past past two years for the IRS we would like to review this with you, sometimes there could be a refund due to you, the taxpayer. If the payment has been made to a state tax agency within the past year then we would also like to review this with you for the same reason.
Back Tax Filing
Un-filed back taxes looming over your head? Let us gather some information and give you a time frame as to how we can help resolve this issue. Usually the State of Massachusetts will suspend drivers licenses, professional licenses and vehicle registrations for non filed tax returns. the IRS and Massachusetts can be easy to enter into a payment agreement after all returns are filed.
Bookkeeping/Write-Up
If your business does not currently have accounting staff or if your business is outgrowing its current bookkeeping system, we can provide comprehensive bookkeeping and write-up services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs.
Business Consulting
As your trusted tax consultant, we are available to help you get organized with knowing how to keep records in the likes of receipts, journals, notes, log books, bank statements, purchase documents, refinance documents, insurance policies etc. We stand ready to engage in business consulting projects to help you make the right decisions for the future of your business. Whether you face questions related to expanding, selling or restructuring your business, we have the necessary business acumen and analytical capabilities to help you make the right decisions.
Business Entity Selection
The business entity—LLP, LLC, sole proprietorship, partnership, corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
Buying or Selling a Business
Few business decisions are more important, complex and potentially business altering than a buy or sell decision. When you are ready to sell your business, we can provide a few tax scenarios to prepare you for the tax consequences of this transaction. There are various options to help reduce the tax liability which must be implemented before the sale is complete. Such as Installment Sales, Like Kind Exchange/1031, or the traditional straight sale. If a buying opportunity presents itself, we can help by discussing the options in financing. If the property is rental in nature, then we could review the operation expenses with the potential rental income to confirm profitability along with the tax consequences.
College Planning
Description coming soon, tax season came faster than we could type and design this out.
Divorce Planning
Description coming soon, tax season came faster than we could type and design this out.
Extension Filing
Many taxpayers don’t realize the advantage to filing a tax extension or how easy it is to do. This extension will give you an extra 6 months to gather missing information. Payments without penalty or interest are still due on April 15, but filing an extension will greatly reduce additional penalties and interest even when full payment is impossible to make. Don’t let the fear of not be able to file your taxes on time cause you to miss this extremely helpful and money saving option when it comes to additional penalties and interest if there is a balance due. There are also other reasons to always file extensions too.
IRS Representation
An IRS audit can be an intimidating and complex process. If you or your business face an IRS audit, we can bring to bear years of experience in dealing with tax matters and IRS audit procedures to ensure that you are properly represented when dealing with the IRS and other tax authorities.
Payroll Services
There are various options when it comes to payroll services. We have used the same payroll service company for more than 15 years. They have provided us and our clients with exceptional service. Please feel free to call them, Express, Inc. 40 Ash Street, Somerset, MA 02726, Phone # 508-679-1858. Feel free to ask for Eleanor, Julie, Danielle, or Author.
Refund Planning
Hate owing the IRS or the State? Then let us help you calculate your next years refund. Feel that the IRS is taking too much of your money? Then let us help you calculate if you’re having too much taken out of your paycheck. Either way, let us teach you about this often overlooked option and integral part of the tax code system.
Retirement Planning
Retirement planning is critical in these uncertain times. Whether you are developing a retirement plan for yourself or choosing a retirement plan to offer to your employees, we can help you evaluate the available options. Our focus is on helping you to make the choice that is most appropriate for your own financial situation. If you are choosing a retirement plan for your business, we will base our recommendations on the unique characteristics of your business and your employee population, as well as the legal and compliance issues related to each type of plan.
Sales Tax Services
State and local tax authorities are looking to maximize sales tax collections. We can help you understand and manage your sales tax obligations and prepare sales tax returns in an efficient and timely manner.
Social Security Planning
Description coming soon, tax season came faster than we could type and design this out
Tax Preparation & Planning
Effective tax preparation and planning can help you to minimize your future tax liability. We can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.