You’ve met our people, our clients, and learned more about the teams that support our services, but how about the services, themselves? Welcome to the Accountfully service spotlight series, where we share the details on each outsourced accounting service. Find out what we offer, how it can help, and see if it is a good fit for your business.
Taxes are typically one of the first things most businesses think about when they need to leverage some type of accounting professional. We have CPAs who are ready to help you with all your tax needs so that it’s no longer a worry for you or your business. We work with clients on both business tax preparation and personal tax preparation.
Our proactive approach means we can monitor your taxes during the year with strategic tax advisory services. This minimizes that filing season chaos and any tax-time surprises. We process quarterly tax payments, sales and franchise tax payments, in addition to personal property taxes. Our skilled tax team can also manage the 1099 filing process.
Accountfully's Tax services make a clear-cut enhancement to the standard accounting package because we have all of your basic information and understand the inner workings of your business already. For new companies and for any company that may be considering a restructure, we review legal and tax structures to help you understand your tax scenarios. We can also help with strategic reviews to plan for upcoming tax liabilities. On the flip side, if you’ve had any past challenges filing your taxes, we can help you get back on track, so you can move forward with a clean slate.
The most common need is for yearly business and/or personal filing. Outside of the yearly requirements, any business will benefit from a more proactive approach to planning, filing, and managing tax liabilities, with tax advisory support. Regular year-round tax duties like managing and planning for quarterly tax payments, and planning for and filing sales taxes are just the tip of the tax iceberg.
Many common business milestones will have tax implications that can be navigated in confidence with a tax team in your corner. Things like choosing the best type of business entity structure or navigating changes, business sale and/or changes in ownership, change in method of accounting, retirement planning, sales tax nexus review, and more.
Our tax services support a wide range of business types and business goals. We work with both closely held businesses, as well as those that require raising money from outside investors. Business and tax considerations can vary for each, depending on what the goal of the founders/investors are. For example, tax support may differ for those planning on running and maintaining a profitable business for many years, versus those growing very quickly with the goal of selling the company in the near-term.
Inline with our diverse experience providing outsourced accounting services overall, we provide tax services for a wide range of business types. Those that are product or inventory based, service based, start ups, and more. Many of our clients are food and drink businesses, architecture firms, creative agencies, non-profits, and start up tech companies as an example. Chances are, we have seen many examples of your type of business and can offer helpful guidance and support.
Keep in mind, the most accurate pricing depends on your specific situation and/or current service level with Accountfully. Generally speaking, clients are charged based upon the basic filing type they need. Pricing will change depending on the level of complexity and the amount of additional hourly support required.
Since taxes are one of our more ad-hoc type services, it is a good idea to discuss your unique needs with us in detail to determine the best fit. Once we can understand the scope of the project, we can provide a much better sense of pricing.
Outside of yearly tax filing, Accountfully serves as a trusted tax advisor to clients. When you adopt a year round strategy, it serves you better in the long run. Our service offerings are designed to support a proactive approach, so that you can plan intelligently and make informed business tax decisions. Our team of skilled tax accounting experts stay current in their industry and are poised to offer advice so you are set up for success.
If you are a current client of Accountfully, we likely have the info and access we need to get started.
For new clients, we will start by learning about your business and addressing the service level that meets your needs. You can start by sharing the basic details of your business and scheduling a call on our contact page.