Frequently Asked Questions
When should I contact an accountant?
As soon as you start to think about your business, an accountant can help you take the next steps. We can discuss your business's organization, tax purposes and operations, along with target pricing and profit margins.
How can I know which accountant is right for me?
Does your accountant return your calls? Do you feel comfortable asking them a question? Do you feel heard? With the right accountant, the answers should be a resounding "Yes!"
What to do if I can't pay my taxes?
1. File your tax return on time. 2. Pay what you can. 3. Consider payment options. 4.Contact the IRS or tax authority. 5.Understand penalties and interest.
What are my options for raising money?
Get some impartial advice from an accountant before you consult the bank. A bank will want to see a strong business plan and organized records. Let us help you get ready for your business's next step!
What is the standard deduction this year?
- Single filers: $13,950
- Married filing jointly: $27,900
- Married filing separately: $13,950
- Head of household: $20,900