Delivering a financial unique expertise
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.
CPAs work with tax issues year-round and have a 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.
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 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 an opportunity.
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.
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.
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.
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.
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.
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.
Are you working with back taxes? Our professionals can help negotiate with Tax Authorities. See how we can help.
What Our Clients Say About Us
"This firm is terrific, I have worked with Jennifer Eubanks several times, and her firm provides first-class accounting support at very reasonable rates."
The CPA Department provides meaningful and actionable expertise related to preparing for DCAA audits, prepares winning pricing proposals, and provides overall strategies for small government contracting businesses to succeed.
"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."
"Very knowledgeable and helpful team. Work was done expediently. I will continue to use them and highly recommend them."
"Two years ago, my CPA retired and suggested I go to Jennifer Eubanks. I have been delighted with her work! I highly recommend Eubanks & Company."
"My firm started using EuCo 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."
"Eubanks & Company 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 Eubanks & Co. 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. Eubanks & Company has my highest recommendation."
"Have really enjoyed working with The CPA Department for the past several years. They have a great team that delivers professional and efficient service. Whether it be government contracting, day to day accounting needs, tax prep, or tax planning, they can handle your every need. We have already started leveraging their tax expertise with the new tax law changes. I highly recommend this CPA firm."
"We're extremely happy with the DCAA oriented consulting we're received, as well as the excellent service on general accounts issues. Our FAR and DCAA issues were more than we wanted to tackle alone and a significant part of our business. Jennifer and her team helped us through these hurdles and we couldn't be more pleased."
"Would highly recommend The CPA Department for business consulting, accounting and tax preparation needs. Jennifer and staff are very knowledgeable and go out of their way to help clients with their needs. You won't be disappointed."