Tax Solution & Accounting Services
Tax Solution & Accounting Services
Resources
Resources
Tax Solution & Accounting Services is your partner in financial management and tax preparation. Our team of bookkeepers, tax preparers, and business consultants will work with you to ensure you are able to manage your business profitably. For more information about our financial services, contact us in City of Orange, New Jersey.
Tax Preparation
Tax Preparation
Coming Soon
Bookkeeping
7 Reasons Why You Would Need a Bookkeeper
Bookkeeping
7 Reasons Why You Would Need a Bookkeeper
1) Professionalism
Getting your taxes prepared can actually be a pleasant experience if you're being served by a true professional, and you should not have to pay a premium for a professional service.
2) Convenience
Most people prefer to have their taxes prepared at an office near where they live. shop or work. Many taxpayers can only find time to get their taxes done in the evening, on a Saturday, or a Sunday Fast is also important to most clients.
3) Accuracy
There can be only one correct result for an individual's income tax returns: the one that yields the lowest legitimate tax, which translates to the smallest tax bill or largest refund possible.
4) Availability
Will your tax preparer be there for you in July when you get a letter from the IRS? If you're not sure, you'd better look for another one.
5) Guarantee
What happens if your tax preparer makes a mistake that costs you penalties or interest? Suppose you are audited by the IRS? What if you're not satisfied with the way your return was prepared? Before you contract with a tax preparer, you should find out the answers to each of these questions.
6) Stability
Even if your tax preparer meets all of your criteria, you should ask yourself if you think he or she will probably still be around to help you this summer, next year, or 5 years from now when you need tax assistance.
7) Price
The cost of preparing any tax return can vary dramatically among different tax practitioners. IRS law prohibits tax preparers from basing their fees on the amount of tax refund obtained by the client.
Payroll
3 Reasons Why You Should Outsource Payroll
Payroll
3 Reasons Why You Should Outsource Payroll
1) Time
First and foremost, it takes time to keep up with all of the federal changes—and that doesn't include the state payroll tax requirements and changes. For example, Ohio is one of the most difficult states to prepare payroll for is Ohio. Not only has the state withholding tax but it can also have city tax, school district tax, and municipal tax.
All of these are based on the employee's address so it takes time to research every employee. Every state is different and has different requirements. Every employer must be compliant or there can be stiff penalties involved
2) Money
The cost to outsource to a service should not even come close to the cost of an employee.
3) Accuracy
If the employer has done work on researching a troll service, they would have peace of mind knowing that their payroll is being done accurately so they can focus on more pressing matters.