Services
Back Taxes Owed
You have filed your returns but didn’t have the money to pay what was owed. You may think, “Oh well—I will catch up next year.” Before you know it, you find yourself several years in arrears and suddenly there is a notice from the IRS stating that you owe three or four times the original amount.
It’s truly amazing how fast tax penalties and interest add up. Now you have a choice, you can write a big fat check and pay the full amount, including interest and penalties. Or you can just keep ignoring them while the penalties and interest keep piling up and continue never being able to have anything in your name; No property, no vehicle, even your income (yes, that includes income as an independent contractor) is subject to garnishment.
Luckily, I can help you determine which options are available to you.
Bookkeeping Services
Although QuickBooks is designed for the layperson, the initial setup and installation must be done correctly, or the software may not process information accurately. Which accounting method will you use? What chart of accounts do you need for your business? How do you handle beginning balances?
I can easily answer all these questions and complete the initial setup and installation in a timely manner. In addition, your accounting employees receive training on the accounting software to enhance their performance.
If you have a QuickBooks Online (QBO) account already, you can access it using this link.
Bookkeeping/Write Up
Books a Mess? No Problem! If you own a small business and haven’t kept up your bookkeeping, don’t worry. I can help you. I will prepare your bookkeeping for the year, prepare your business return as well as your personal income tax return. Then I can help you set up an easy system (QuickBooks Online) that allows you to keep your books in tip-top shape, thanks to periodic “tweaking” from me throughout the year.
Business Consulting
As a true business partner, I am available to help you deal with any business problem or opportunity. I stand ready to engage in business consulting projects to help you make the right decisions for the future of your business. Whether you face questions related to expanding, selling or restructuring your business, I have the necessary business acumen and analytical capabilities to help you make the right decisions.
Business Entity Selection
The business entity—LLP, LLC, sole proprietorship, partnership, corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. I can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
Discounted QuickBooks Online Software
There is no shortage of accounting software solutions for your business. Software as a service (SaaS), cloud computing, and other technological innovations are adding more dimensions to technology decisions. Choosing the right solution that will meet the needs of your business now and in the future while also providing a necessary level of security is crucial. I can analyze the nature of your business and financial transactions, current technology, future business plans and emerging needs to identify and implement a software solution that is flexible enough to grow and change with your business.
Financial Statements
Financial statements are an important tool for management decision making. Financial statements also represent your business to lenders, partners, potential buyers and other interested parties. I will work closely with your key personnel to develop and finalize accurate and timely financial statements.
Innocent Spouse Relief
Did you know that you can get out of the tax debt due to the misdeeds or fraud committed by your spouse? Innocent Spouse Relief was designed to alleviate unjust situations where one spouse was clearly the victim of fraud perpetrated by their spouse or ex-spouse.
If you qualify for Innocent Spouse Relief, you may not owe any tax.
IRS Payment Plan
If you don’t qualify for the IRS Offer In Compromise program, a Payment Plan may be the way to resolve your problem. Setting up a payment plan with the IRS gives you a little more time to pay off your tax debts.
Unfortunately, penalties and interest will continue to be charged on your outstanding balance as you pay the debt off.
The good news is that there’s a chance I can get your tax penalties removed.
Mobile Notary and Loan Signing Services
A mobile notary can help you to handle various business matters, including witnessing and authenticating document execution and signatures. I offer Mobile Notary services as well as Loan Signing Services and I am available when you need me. If location is a problem, I offer Remote Online Notary services on the Notarize platform.
Non-filed Tax Returns
Every day the massive computer center at the IRS is getting more sophisticated, it’s just a matter of time before they catch up with you.
Let me give you the peace of mind you deserve by helping you get in compliance with the law. If you voluntarily file your delinquent returns, you’ll likely avoid further problems other than having to pay the interest and penalties.
If you wait for the IRS to file your returns for you, they are filed as single, standard deduction and no expenses if a Schedule C (self-employment) is needed.
Before anything can be done to extract you from this predicament all the returns must be filed. In most cases, you will likely owe taxes, interest, and penalties after the returns are filed.
Payroll Services
Constantly changing federal, state and local laws and tax regulations make payroll management an ongoing challenge for business owners. I am well versed on these laws and regulations. I can proactively alert you to material changes that will affect your business and your employees while also keeping payroll running smoothly no matter how large your business and your employee population become.
As a small business owner, the last thing you want to worry about is running payroll. If you’ve used payroll software or managed payroll yourself, you know how much time it takes away from running your business. Deena Stanley MBA, PLLC provides service that is reliable and takes care of your payroll so you can stop worrying and get back to doing what you do best…. running your company.
My online payroll service provides portals for you and your employees. No more having to seek out old pay stubs for your employees, they can download and print their stubs directly from their portal.
Do you hire contractors? I have you covered there too. I can include the payments to your contractors each pay period. They also have the option to enroll for direct deposit. At the year’s end, 1099 submissions are processed alongside your W2 forms.
I also offer the utilization of Online Time Tracking which allows seamless import of time sheets into the payroll software.
Do you need Workers Compensation, health insurance, 401K or any other Human Resources related items? No problem, Deena Stanley MBA, PLLC partners with ADP (Automatic Data Processing) to offer all the back-office HR services you need at a price you can afford.
Another option offered is pay-as-you-go workers compensation, which allows you to only pay for this insurance you need per pay period.
Deena Stanley MBA, PLLC is an efficient payroll service that guarantees that your employees and the government will be paid accurately and on time – every time.
https://www.managepayroll.com/login/wholesaleClientLogin.jsp
Payroll Tax Problems
The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of the payroll taxes are your employees’ withholdings. Not paying your company’s payroll taxes is tantamount to stealing your employees’ money in the eyes of the IRS.
As a result, penalties for failing to pay your payroll taxes and filing your payroll tax returns on time are more severe than other types of penalties. They can drastically multiply the amount you owe in a very short time.
If you are behind on paying payroll taxes for your company, WATCH OUT!!! The IRS is extremely aggressive pursuing collection of this type of tax. They would rather seize your business assets, close you down, sell your assets at auction, and put you out of business than allow you to continue amassing additional payroll tax liabilities.
If you are behind on your payroll taxes, DO NOT meet with the IRS on your own. How you answer their initial questions can determine whether you stay in business or not. It is critical you hire a professional representative who knows how the IRS operates. Deena Stanley MBA, PLLC can provide you with Florida Tax Attorneys who can represent you.
Tax Preparation Services
Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government’s General Accounting Office, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.
Effective tax preparation and planning can help you to minimize your future tax liability. I can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having me on your team, you are more likely to benefit from those opportunities. I understand how the latest federal, state and local tax legislation and other developments affect you and your business and I am constantly identifying new ways to reduce federal, state or local tax liabilities.
Here’s what you get…
- Your tax return will be checked and rechecked by my computer software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
- Your tax return will be filed electronically so you will get a refund back quicker.
- I will show you potential deductions to limit your tax liability for next year. In addition, I will give you a sheet of commonly overlooked deductions to limit the following year’s tax liability.
To upload your tax documents to my portal, click here.
If you still wish to do your own, click on this link which will take you to my 1040.com portal where you can prepare a personal return and only pay a nominal fee to file it.
