Our firm offers a wide range of services to our individual and business clients. Being a relatively small firm, we are able to offer our clients personalized quality service. Below, we have listed the services that we offer to our clients along with a brief description.
As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed.
(Click service title for details.)
Income Tax Preparation
Idea Taxes offers income tax preparation services for individuals, small businesses, partnerships, S-Corporations, Corporations and Non-Profit entities. You will receive timely, accurate tax consultation and return preparation whether you are looking for convenience in preparing a simple tax return or advice on sophisticated tax planning. We can prepare your federal and state (all 50 states) tax returns accurately and provide timely suggestions on minimizing your taxes. We believe that comprehensive and timely tax planning is the key to lower taxes for individuals. We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify essential tax planning opportunities that minimize both your current and future tax liabilities.
Authorized E-file Provider E-File
We are authorized IRS e-file provider and encourage all our to clients to e-file their personal return. We also do not charge extra when individuals chose to e-file their returns. Our tax preparation rates start as low as $100 including our e-file option. Click here to learn the benefits of e-file.
If you are looking for hassle free service for preparing your return. Then we have three options to have us prepare your return. You can either fax, email, or mail your personal information required to file your return. Our turnaround for preparing your return is only three business days from the date we receive your information. If you need a personal income tax organizer click here.
We are enrolled to practice, that is, represent taxpayers, before the Internal Revenue Service. Enrolled agents, like attorneys and certified public accountants (CPAs), are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can practice before. If you have received a notice from the IRS, we can help you resolve your tax problem.
Tax Services for Businesses
Planning/Compliance: We can prepare your federal and state (all 50 states) tax returns accurately and provide timely suggestions on minimizing your taxes. We believe that comprehensive and timely tax planning is the key to lower taxes for business entities. We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify essential tax planning opportunities that minimize both your current and future tax liabilities.
- Limited Liabilty Companies
- Limited Liabilty Partnerships
- Estate Trust & Gift Taxation
- Change of Entity (Check the box elections)
- Tax effects of buying/selling a business
We can work with you to properly structure your personal or business financial transactions to help avoid IRS penalties and minimize your tax liability.
QuickBooks setup and consulting
As a QuickBooks Certified Pro Advisor, we have the expertise to help you set up your accounting system within QuickBooks and insure that your business is utilizing the software to its fullest capabilities. Have a question or a problem with your current QuickBooks? We can help. Need to purchase QuickBooks software? You can save up to 20% and receive free shipping if you order by clicking on the "Intuit Authorized Affiliate" logo on the home page or by clicking here.
Idea Taxes offers several bookkeeping options individualized to fit your business. Bookkeeping services include the generation of financial statements and an explanation of the statements to insure that you know how your day to day transactions effect the overall growth of your business.
We offer several different QuickBooks payroll options individualized to fit your business.
We can provide the following services:
- Compensation Consulting (Structure and Maintenance)
- Payroll System Set Up and Reviews
- Quarterly/Monthly Federal Payroll Tax Returns
- Quarterly/Monthly State Payroll Tax Returns
Sales Tax compliance
We can help set up your business to comply with state sales tax laws and complete your sales tax returns.
Budgeting and Forecasting
Let Idea Taxes assist your company with compiling a budget. We can help you understand the effect a specific financial transaction will have on your business. Thinking of purchasing business equipment or leasing? Offering a new service? Expanding to a new market? Our forecasting services can help you see how a change will affect your business.
Business Start up services
Just starting up? We can give you guidance on what type of entity best fits you and your business help you through the incorporation process, and assist you in obtaining licenses and other items essential to business formation.
As small business experts, we provide a wide range of services for entrepreneurs and start-ups, including:
Choosing entity type:
- Limited Liability Companies (LLCs)
Registering with taxing authorities:
- State Department of Revenue
- Unemployment Tax Authorities
Systems selection & implementation: