Tax Services

Reasons to Employ an Insurance, Tax and Bookkeeping Company

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Running a business can be a challenging and rewarding process but juggling the various types of paperwork can be difficult. Incorrectly filling out tax or insurance information or not adequately bookkeeping can be disastrous. However, hiring a one-stop shop for your insurance, tax and bookkeeping needs can help you run your business well.

Save Time

You know that time is valuable in your business and wasting time can be costly. Delegating tasks to different people and being able to retrieve insurance, tax or bookkeeping information as needed can be incredibly time-consuming. If anything is lost or has to be redone, more time will be lost. By hiring one company to fill out forms and file information, you can spend your time focusing on other elements of your business. 

Guarantee Quality Work 

You and your employees know how to manage your business, but when it comes to filing taxes, preparing financial papers and completing forms, you and your employees may feel overwhelmed and bogged down with information. Hiring experts in the field will ensure you receive everything on time. Working with one company also ensures that the quality of work will be consistent, making everything easier to process, document and organize.

Keep Everything in One Place

Managing a wide variety of information can be difficult when you own a business and hiring out several different companies to manage your insurance, taxes and bookkeeping can create more problems. Instead of spending more money by hiring multiple businesses to manage this information, finding one company that handles all of your information is far more practical.

A one-stop shop for your insurance, tax and bookkeeping needs will help your business run more efficiently. You’ll save time, receive accurate, consistent work and will be well-organized when you employ one company to manage your business’s most important information.

Bookkeeping and Tax Services

Choosing the Right Tax Professional for your Small Business

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Running a small business is so stressful if you choose to manage and keep track of all expenses and income by yourself. You won’t have enough time to dedicate in perfecting your products or services. Getting help from a tax professional is the solution for your business to make sure that every one of your clients’ individual needs are met and help ease your stress throughout the year.

Choosing the right tax professional is important because you should form a long-term relationship with a tax professional if you need help anytime with taxation. Be make sure your tax preparer is one of the followings:

  • Certified public accountant (CPA): CPAs are licensed and regulated by each state. CPAs help individuals and companies with financial planning, investments, taxes, accounting, and much more.
  • Enrolled Agent (EA): Enrolled agents are licensed by the IRS. EAs specialize in taxation and also have unlimited rights to represent taxpayers before the IRS. They often offer bookkeeping and accounting assistance.

Your business should consider hiring a tax professional that has specific knowledge and experience helping small businesses. A tax pro can help your business in several ways:

  • Tax Planning and Advice: Your tax professional will provide you with various tax options to determine when, and how to conduct business and transaction to save tax for your business.
  • Record Keeping: With good record keeping will help you analyze your business’s profitability, stay out of trouble with tax authorities and lawsuits and keep good relationship with clients.
  • Tax Preparation: The tax pro can help your business save even more with tax deductions and stay out of the highlight red flags that your business might get into.

Tax Preparation Services

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Utilizing tax preparation services is essential for reducing your taxes. At Excella Tax, we work with you to discuss various tax strategies that may save you thousands of dollars. Our trained specialists will professionally prepare a timely and accurate tax return to ensure that all possible deductions and credits are taken to maximize your tax savings. Our clients pay the least amount of taxes because we are always searching for ways to maximize deductions all year long, not just when taxes are due. We will recommend tax savings strategies that help save you money.