Professional Tax Preparation in the Bronx
Filing error-free tax returns accurately and on time can be stressful, especially when you are not a professional. Trying to fulfill your obligations and identify deductions can be just as frustrating. While mandatory, tax filing does not have to be daunting.
At ASR Accounting & Tax LLC, we apply our decades of expertise as financial professionals to provide you with timely, accurate, and stress-free tax preparation. Since 2005, we've been supporting small corporations and individual businesses throughout our Bronx community with comprehensive tax services. Our team remains committed to seeing you succeed by saving you money while maintaining compliance with ever-changing tax rules and regulations.
We proudly extend our services to the Yonkers, Westchester, Queens, and New York City communities. Our talented team is experienced in working closely alongside small companies and individual owners in various fields. Choosing ASR Accounting & Tax LLC for your tax preparation needs means that we can help you no matter your situation. Call us to schedule a consultation today!
Bronx Industries We Serve
Tax filing obligations and saving opportunities can vary depending on your industry, financial situation, and entity type. At ASR Accounting & Tax LLC, we work with many businesses operating in a wide variety of markets and industries. While our team excels in tax assistance for businesses, we happily offer our support to anyone in need. Examples of industries our team can help succeed with our tax preparation services include:
Service Corporations: There are tax benefits that come with being a service-based corporation. You may also be able to take advantage of certain business deductions, limited liabilities, and more. Our team will help you identify potential credits and can also determine other tax-saving opportunities.
Construction: Working and owning a construction business can bring opportunities for several tax deductions. Whether you need tools to complete a project or you frequently travel to job sites, you may be able to deduct most of your business costs. With professional tax preparation, we can help you organize your expenses, document them properly and work towards reducing your tax bill.
Other professionals we serve include:
Professional Tax Preparation for Corporations
Corporate taxes are famously complicated. This is because corporations are taxed differently than other businesses and must file, even if they weren't profitable during the tax year. To help reduce taxable profits, your corporation may be able to deduct various expenses. Since these expenses are considered legitimate spending in pursuits of profit, you can take advantage of smart deductions and precise tax preparation.
Opportunities for deductions can include start-up, operation, product, and advertising costs. As a corporation, we can help identify opportunities and apply them to help you save time and money.
Tax Preparation for Your Bronx Individual Business
Whether you are filing as 1099, sole-proprietorship, or partnership, you must annually file your business taxes. Even if you are self-employed, any 1099 payments are considered taxable income by the IRS. Therefore, you need to report this information on your tax return.
If you are a partnership or a sole proprietorship, you are also required to provide all information regarding your income, deductions, losses, and gains annually. Since these business types are "pass through" entities, any losses or profits fall to you, the owner. Our professional tax preparers understand the unique challenges and benefits you face as a business owner. We are here to help you throughout the entire process.
Payroll Tax Filing Assistance & Support
At ASR Accounting & Tax LLC, our team wants to make your payroll tax obligations and filing easy while keeping things organized. Payroll tax preparation and filing have strict deadlines that must be tracked to help you avoid costly fines. In addition to wage reports, you must also file payroll taxes on the last day of the month following your calendar each quarter. This means you have tax deadlines in April, July, and October.
Our team is here to take the complexities and pressures of payroll tax filing off your hands. By doing so, we can help you save valuable time better spent on running your business. You can trust us to prepare your payroll taxes accurately and on time to meet all necessary due dates.
Benefits of Choosing Our Professional Tax Preparers
Staying on top of various tax obligations, keeping track of changing laws, and remaining compliant can take time and money away from your business. Fortunately, working with our tax experts can make all the difference. When preparing your taxes with ASR Accounting & Tax LLC, you need only to provide your information, and we take care of the rest.
Since we continue to stay updated on all current tax news and regulations, our team prepares and files your return while also keeping you organized, compliant, and protected. Our tax preparers know precisely what to look for when filing and what forms you need. Additionally, having your taxes filed by professionals helps significantly reduce room for errors, avoiding hefty fees and costly fines that could cripple your financial future.
Expert Tax Preparation in the Bronx You Can Trust
At ASR Accounting & Tax LLC, we proudly help small corporations and individual businesses improve their financial standing with expert tax preparation. Our team is here to take the hassles away come tax time. We support ventures of many sizes, structures, and industries across the Bronx.
Our team also extends our services to the Yonkers, Westchester, Queens, and New York City communities. Contact us to set up your consultation and discover how we can help you today!