Failing to file your taxes can lead to penalties, interest on unpaid taxes, and potential legal action by the IRS. It's essential to fulfill your tax obligations to avoid these repercussions.
Our History.
In just two years, Edsbookkeeping & Taxes has become synonymous with excellence in bookkeeping and tax services. From day one, our mission has been to provide tailored solutions with integrity and precision. With our dedicated team of experts, we've earned trust by simplifying financial management for our clients. Join us as we write the next chapter of success together, empowering you on your financial journey.
Our Services
Personal tax return assistance
Maximize your refunds and minimize stress with our expert personal tax return assistance. Our dedicated team ensures accuracy and compliance, providing personalized attention to your unique tax situation. Say goodbye to tax headaches and hello to hassle-free filing with our efficient services.
Self-employed and 1099 tax guidance.
Navigate self-employment taxes and 1099 income reporting seamlessly with our tailored guidance. From deductible business expenses to retirement contributions, we empower you to optimize your tax situation as a self-employed individual or contractor.
Bookkeeping services.
Stay focused on growing your business while we handle your bookkeeping needs. Our comprehensive services ensure accurate financial records, compliance, and valuable insights for informed decision-making. Trust us to keep your financial records organized and up-to-date.
LLC creation and consultation.
Streamline the process of forming your LLC with our expert guidance. From selecting the right structure to filing paperwork, we simplify LLC creation and offer tailored advice on tax implications and compliance. Set your business up for success with our professional assistance.
C Corp and entity formation.
Choose the optimal entity structure for your business with our personalized consultation. We guide you through the formation process, ensuring compliance and protecting your assets. From drafting documents to navigating regulatory requirements, we handle every step efficiently.
Entity closure assistance.
Close your business entity smoothly with our professional assistance. We streamline the closure process, from filing dissolution paperwork to settling debts, ensuring compliance and minimizing liabilities. Trust us to guide you through a seamless transition.
Our Benefits.
Financial Clarity and Accuracy
By entrusting your bookkeeping and tax responsibilities to us, you gain access to expert professionals who ensure your financial records are accurate and up-to-date.
Time and Resource Savings
Outsourcing your bookkeeping and tax tasks to our dedicated team frees up valuable time and resources that you can redirect towards growing your business.
Compliance and Risk Mitigation
Our experienced professionals stay abreast of the latest updates and ensure your business remains compliant with all tax obligations.
Strategic Financial Guidance
Beyond basic bookkeeping and tax preparation, our services offer strategic financial guidance tailored to your business's goals and objectives.
Testimonials
Frequency Asked Questions.
What are the consequences of not filing my taxes?
How can I minimize my tax liability as a self-employed individual?
Self-employed individuals can explore various strategies to minimize their tax liability, such as maximizing deductions related to business expenses, contributing to retirement accounts, and staying informed about available tax credits.
What are the risks of claiming deductions or credits that I'm not eligible for?
Claiming deductions or credits that you're not eligible for can result in penalties, interest, and potential audits by the IRS. It's crucial to accurately assess your eligibility for tax benefits and seek professional guidance when in doubt.
Hello. How does the IRS select tax returns for audit, and what should I do if I'm audited?
The IRS uses various criteria to select tax returns for audit, including discrepancies and red flags. If you're audited, it's important to respond promptly, provide requested documentation, and consider seeking professional assistance to navigate the process.
What are the implications of tax law changes on my personal finances and business?
Tax law changes can significantly impact your financial situation and business operations. Staying informed about legislative updates and seeking professional advice can help you adapt to changes and optimize your tax strategy.
We are here to help you
Embark on a journey of personalized service with us. Reserve your appointment today to unlock tailored attention from our dedicated team. Let us guide you through every step, addressing your questions and concerns with exceptional care. Your satisfaction is our commitment.
Your satisfaction is our top priority, and we look forward to connecting with you soon!