Tax Services
Tax planning and filing requirements can be complex and are constantly changing. Business transactions and investment decisions made throughout the year are driven by tax implications. Proper planning is essential to obtain the optimized result and we at Suleman & Wylie, LLP are prepared to assist our clients in all aspects of their businesses. The tax planning and compliance services we provide include:
- Corporate, partnership and individual tax return preparation and planning
- State and local tax preparation and planning
- Representation before the IRS or other tax authorities
- Business and ownership structure and planning
- Payroll, sales and use tax reporting
IRS Representation
We have over 25 years of experience helping people navigate the complexity of IRS audits. If you have outstanding tax debt we can work to establish that you acted in "good faith" and based on a "reasonable cause" and reduce or even eliminate your tax debt.
Business Entity Selection
Choosing the form of entity of your business (e.g. "S" corporation, sole proprietor, limited liability company... ) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.
Accounting Services
Providing financial information to our clients in a timely and accurate manner is a commitment that cannot be compromised. Meaningful, well-organized financial records provide the information needed to run your business operations more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:
- General ledger & financial statement preparation
- Bookkeeping (Monthly/Quarterly/Annual)
- Accounting system setup for new businesses
- Business tax return preparation (Sales & Use/Business Property)
- Personal financial statements
Bookkeeping/Write-Up
Meaningful, well-organized financial records provide information so that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.
Financial Forecasts & Projections
Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company's financial goals.
Payroll Services
As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner.