I am Tyler Wells, CPA and WebBizFinance.com is my blog to give the start-up entrepreneur and self-employed professional solutions to their tax and accounting obligations and to use their accounting to improve their business’s profitability and have their business put more money in their pockets. However, if you find yourself in a situation where you need expert, personalized advice to solve your problems then I am here to help! I, as part of a firm of Certified Public Accountants, have over ten year’s experience in accounting, tax preparation and planning, and financial planning for entrepreneurs. Helping entrepreneurs and innovative professionals achieve their dreams isn’t just my job, it’s my calling. So if you need help in one of the following areas, please send me an email or give me a call; I’d be happy to discuss how I could help!
- Prepare your federal and state income tax returns
- Prepare income tax returns for your business
- Prepare a tax return for an American expatriate
- Help you develop a tax plan to minimize your tax bill
- Get you out of trouble with the IRS by amending prior returns or or preparing overdue returns
- Audit, review, or compile your financial statements
In addition, through my office we can help you:
- Set up a Quickbooks based accounting system
- Perform regular bookkeeping duties through Quickbooks
- Prepare your payroll and help you with your payroll compliance
Please contact me today for a free analysis of your situation and a price quote for our services! If I can’t help you, chances are I can at least point you in the right direction or refer you to someone who can. So don’t procrastinate, get your problem solved now by filling out the form below.
Prepare your federal and state income tax returns
It used to be, when you received your W-2 from your employer and a few 1099s from the banks, that preparing your own tax return was pretty straightforward you could get through it in a single evening with a little help from the IRS publications and a few bottles of Bud. Now that you own your own business or are self-employed and have to file a Schedule C or a business return you might find that it takes a few days, some specialized software, and a few bottles of Jack. Is it time to consider contracting out this chore to the experts so that you can concentrate on your own business?
Prepare income tax returns for your business
Whether you file your business returns on a Schedule C or you have incorporated it into a Corporation, Subchapter S Corporation, a Partnership or a Limited Liability Company I can help. Corporate taxation has a number of complicated requirements that can befuddle even experts in the field and requires specialized knowledge and software.
Prepare a tax return for an American Expatriate
Taxation for Americans living and working overseas is a specialized area that presents many unique challenges and opportunities. I can help you exclude your foreign earned income through a Form 2555, deduct your taxes paid to foreign governments with a Form 1116, or prepare the U.S. government required disclosures for foreign bank accounts and interests in foreign businesses.
Help you develop a tax plan to minimize your tax bill
If you own your own small business or are a self-employed professional then don’t pay extra money to the IRS! You owe it to your business to develop a tax plan that maximizes deductions and efficiently maintains the documentation required by the IRS. Whether it is taking advantage of home office deductions, tax credits, accelerated depreciation, or organizing to minimize payroll taxes then perhaps I can help! Please send a brief message on your situation and how you would like to be contacted and let’s talk.
Get you out of trouble with the IRS by amending prior returns or or preparing overdue returns
Have you received a notice from the I.R.S. amending a tax return that you have previously filed or showing a balance due on a return that you didn’t file? It is easy to make mistakes on your returns or to not realize when you may have to file but very difficult to correct them and make things right. I can help you respond to I.R.S. notices and amend or prepare overdue returns to get the I.R.S. off your back and get you back to working on your business.
Audit, review, or compile your financial statements
You’ve done a fantastic job getting your balance sheet set up and keeping it going, but at some point you’re going to show it to someone, a banker, a supplier, a potential business partner, and they are going to take one look at the work that you have so proudly and lovingly put your heart into and they will say, “what the Hell is this crap?” Don’t take it personally (you need their money, after all) just understand that there are standard ways to present present financial statements and set rules to follow. In order to make your statements comply with these rules and to give them an air of authority you will have to hire a Certified Public Accountant, or C.P.A., and have them compile, review, or audit your financial statements.
Set up a Quickbooks based accounting system
You’ve got the software, you’ve got the will, but how to get started? We have certified QuickBooks ProAdvisors on staff than can help you get the absolute maximum in useful information out of your QuickBooks in the most efficient manner possible. QuickBooks has many incredible features that most users fail to take advantage of simply because they don’t know that they exist! We’ll help you tailor your QuickBooks to your needs and get you started on the right foot.
Perform regular bookkeeping duties through Quickbooks
As your business grows you will have less and less time to keep up with your accounting records even as your accounting requirements get increasingly complicated. If you are considering calling in an expert to help you with your bookkeeping then contact me and we can tailor a plan that serves your needs.
Prepare your payroll and help you with your payroll compliance
Payroll exposes the entrepreneur to numerous collecting and reporting requirements and absolutely demands to be done correctly. Whether it is in determining who should be classified as an employee according to the I.R.S. or in withholding and remitting the correct amount of payroll taxes there are many potential traps and pitfalls that demand expert attention. Let us help get you started in the right direction and determine if you think our payroll service would be your best option to keep you in compliance.
