2 We can make an online-portal to allow you to securely upload your accounting and tax documents. I've been specializing in accounting, payroll and tax since 1989. In addition to being a Certified Public Accountant, I have 16 years of hands-on experience as a CFO and VP of Finance. From this work I have obtained the skills and knowledge necessary to handle your accounting and tax needs.
I'm ready to tackle your challenges and begin my role as your trusted tax preparer and accountant.
I'm ready to tackle your challenges and begin my role as your trusted tax preparer and accountant.
Services
As tax time approaches, you are faced with filing anywhere from a single form to an entire booklet's worth.
How many forms are involved depends on your financial dealings for the prior year.
Whether you find filing them to be easy or difficult depends partly on how many times you've done the same types of filings before, how detailed your financial landscape is, how long it takes you, and your general aptitude for numbers and legalities.
Those who have had transactions that are unusual for them, such as one-off real estate sales, face an even more confusing landscape.
How many forms are involved depends on your financial dealings for the prior year.
Whether you find filing them to be easy or difficult depends partly on how many times you've done the same types of filings before, how detailed your financial landscape is, how long it takes you, and your general aptitude for numbers and legalities.
Those who have had transactions that are unusual for them, such as one-off real estate sales, face an even more confusing landscape.
Unlike other types of expenses, payroll involves many factors other than the raw amount paid.
If there are mistakes in filing at the local, state, or federal level, large fines can be levied.
This makes it especially important that everything is done right - not only in paying your employees, but in classifying them correctly and paying the employer's share of their taxes and insurance coverages.
Employee classification is one of the most critical aspects of proper payroll accounting.
Are your workers domestic help, regular employees, independent contractors, or other?
If there are mistakes in filing at the local, state, or federal level, large fines can be levied.
This makes it especially important that everything is done right - not only in paying your employees, but in classifying them correctly and paying the employer's share of their taxes and insurance coverages.
Employee classification is one of the most critical aspects of proper payroll accounting.
Are your workers domestic help, regular employees, independent contractors, or other?
When the opportunity to make a large investment or sell a substantial asset arises, it's easy to think about the big picture.
However, it's also easy for such quick calculations to end up being disappointingly incorrect.
What causes these problems?
Often, the biggest problem is a failure to properly account for how the transaction will affect taxes.
Almost all sales come with a tax bill attached, and if it is not correctly factored in, this can eliminate most or all of the profit.
For this reason, it's a good idea to meet with a tax consultant before completing a transaction.
However, it's also easy for such quick calculations to end up being disappointingly incorrect.
What causes these problems?
Often, the biggest problem is a failure to properly account for how the transaction will affect taxes.
Almost all sales come with a tax bill attached, and if it is not correctly factored in, this can eliminate most or all of the profit.
For this reason, it's a good idea to meet with a tax consultant before completing a transaction.
Once your finances have a certain amount of complexity, it's a good idea to go ahead and retain a personal tax accountant.
Which level of complexity this is depends partly on you, and partly on the type of income and investments you're dealing with.
Some assets are notorious for being more complex than others.
For example, certain types of property have to be depreciated over time, while other kinds have to be written down all at once.
In some cases, the cause of the change of value is important, too.
Which level of complexity this is depends partly on you, and partly on the type of income and investments you're dealing with.
Some assets are notorious for being more complex than others.
For example, certain types of property have to be depreciated over time, while other kinds have to be written down all at once.
In some cases, the cause of the change of value is important, too.
Reviews
Be the first to review Semenza Accounting & Tax Services.
Write a Review