Going it alone.
Many business and personal taxpayers choose to hire a CPA firm for tax preparation after having a painful audit or receiving penalties for errors on their tax returns. Laying the proper groundwork in advance of preparing your tax return, keeping organized, and resisting procrastination will lay the groundwork for keeping up with tax preparation if you decide to prepare your own filings.
Getting some help.
CPAs work with tax issues year-round and have deep understanding of the tax rules. Investing in tax preparation services, particularly when dealing with significant events, complex financial transactions, and new tax laws will reduce anxiety and prevent costly preparation errors.
Pay Up… but not too much. Business tax return preparation
Businesses are dealing with change on many fronts, from the opportunities presented by the Tax Cuts and Jobs Act, to the complex change resulting from the Wayfair decision, to the impact of technology on the tax function.
Businesses constantly monitor sales activity and related tax requirements. Sales in multiple states add layers of complexity, requiring an understanding of the tax laws in each state and eligible credits for out of state tax payments.
Credits available for certain business activities can significantly reduce overall business tax liabilities. Having the knowledge of current legislative efforts and tax credit initiatives is critical to minimizing tax payments.
Let our insights into today’s critical tax issues help you turn disruption into opportunity.
Do I have to pay taxes? Non-profit tax return preparation
Nonprofit organizations have unique tax needs. We provide specialized services aimed at helping tax-exempt entities successfully navigate an evolving operational and regulatory environment.
Across the board. Multi-state tax preparation and planning
Multistate tax is more complex and demanding than ever before. Our multistate tax team strives to deliver integrated tax approaches that align with a client’s overall business objectives. We will guide you through the complex tax laws in multiple states and jurisdictions while protecting you from overpayment and underpayment.
Money, money, money. Tax credits and incentives
Identifying credit and incentive opportunities and taking advantage of them can be challenging. Federal, state, and/or local governments provide tax credits and incentives tools each year to attract new businesses or encourage expansion of existing ones. Many businesses miss out on significant savings from credits and incentives because they are unaware of the business qualified or didn’t understand the process for obtaining them. Let us help you determine which credits/incentives apply to your unique business situation.
BPOL – What is that?
The Business, Professional, and Occupational License (BPOL) tax is a local tax imposed on a company’s gross cash receipts. Our tax experts understand these calculations ensuring that you do not pay too much.
A necessary evil. Sales tax planning & reporting
The Wayfair decision. Sales tax is complicated, and the rules are changing at a rapid pace. States are enforcing strict nexus requirements that impact most businesses and make old sales tax processes obsolete. The good news – implementing the right sales tax procedures will reduce costly risks and can save your company thousands of dollars each year. Our sales tax services solve your unique pain points, from nexus exposure and compliance burdens to overpaid or underpaid sales tax and audit risks.
Get some control. Business personal property tax
Real and personal property taxes can increase in complexity as your business grows. You are required to pay these taxes annually regardless of profitability and doing so properly requires a deep understanding of the complexities of both types of property tax. Our tax team has the experience to help companies control this expense. We provide property tax reviews to help identify overvaluations and recover overpayments and property tax compliance services to help you maintain confidence in the management and reporting of real and personal property tax for your business.
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"We have worked with CPA's for our businesses for many years. Jennifer Eubanks is awesome."
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"Best CPA firm! They are efficient and always on top of tax regulations and laws. I used them for the last four years and have been extremely pleased with their customer service and professionalism."
"Two years ago, my CPA retired and suggested I go to Jennifer Eubanks. I have been delighted with her work! I highly recommend CPA Department."
"My firm started using CPA Department from day one. I can attest that they have reduced the risk of many pitfalls we faced during our first few years. They continuously provide executable solutions to ensure our books and processes are inline and compliant. All this expertise at reasonable costs and great customer service."
"CPA Department helped me out of a very sticky tax problem created by the neglect of a former accounting firm. I have nothing but the highest praise for this firm and the people working there. My ongoing experience is just as positive."
"Great, personal service - a trusted partner"
"We could not be more pleased with the service we have received from CPA Department. It is our one-stop shop for all of our financial business needs. Jennifer leads her team to provide ethical and timely financial and regulatory compliance guidance for our government focused practice and we have recommended her firm widely. Thank you for all that you do! Your dedication to helping us remain compliant, set and meet our goals, and scale for growth is directly correlated with our continued success."
"Jennifer is a trusted accountant and adviser. Her work ethics is second only to her expertise. Jennifer’s sense of resolve is perhaps the most telling… meticulous, persistent, and assertive comes quickly to mind. CPA Department has my highest recommendation."
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"This firm is terrific, I have worked with Jennifer Eubanks several times, and her firm provides first-class accounting support at very reasonable rates."