Frequently asked questions
You have questions, we have answers
Can you assist with budgeting and forecasting for my business?
Yes, we offer budgeting and forecasting services.
Do you provide personalized consultations to understand my unique needs?
Yes, each client receives a free consultation.
How can you assist with sales tax compliance for my business?
We provide assistance in all areas of tax compliance including transaction analysis to determine where tax exposure risks are, tax research projects to determine product and service taxability, state registrations, best in class compliance process and procedures and assistance in implementing these procedures, tax exemption management and audit support.
How do you stay updated with changing multi-state sales & use tax regulations?
We are consistently monitoring for state updates and law changes. The laws are rapidly changing, and you can trust us to be on top of the changes.
When does sales tax apply?
- Tangible personal property: Sales tax is typically charged on the sale of tangible personal property, such as furniture, clothing, and electronics.
- Services: Sales tax may also be charged on certain services, such as photography services, web design, and car repairs. However, the specific services that are taxable vary from state to state. Contact us today to inquire about our tax research services to determine if your products and services are subject to sales tax.
How can accurate financial statements benefit my company?
- Improved Decision Making – with a clear and accurate picture of financial performance, you will be better informed about income, expenses, and overall business health, which is necessary for business growth.
- Attracting investors and lenders. Investors and lenders rely on accurate financial statements to assess the health of a business and its ability to repay debts.
- Accurate Tax Return Reporting – with accurate financials, you can clearly see the businesses expenses and maximize income tax tax deductible expenses.
What is the typical process for engaging your firm for accounting or tax needs?
We will start with a free consultation to learn about your business needs. After this consultation we will prepare a fee proposal for customized services based on your specific needs. We will also prepare a services agreement and once signed we will begin your client onboarding and begin services.