Business Tax Services

Business tax services in an increasingly complex world

H&CO delivers comprehensive business tax services tailored to your unique business needs. Our client-centered approach begins with a deep understanding of your business, allowing us to develop effective strategies for tax planning, accounting, and tax compliance. Whether you require assistance with tax strategies, accounting, business tax preparation, payroll taxes, sales tax filing, international tax compliance, or tax audit representation, our tax professionals are here to support you every step of the way. Lower your tax liability by taking advantage of all tax deductions and tax credits available.

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Focus on running your business while
we take care of your business tax returns.

We help local and international businesses, small businesses, large businesses, real estate companies, contractors, family offices, investors and global families with their tax compliance issues.

Business
Tax Planning

A certified public accountant (CPA) providing business tax planning assistance to small business owners CPA helping small business owners with their business tax planning

Our seasoned tax advisors craft customized tax strategies to optimize taxes, mitigate risks, and ensure compliance for businesses of all types.

Business Tax Accounting

Leading tax accountant in the US specializing in tax accounting services for small business owners, proudly serving at H&CO

Entrust us with your tax accounting needs, allowing our dedicated team to streamline your financial processes while maintaining compliance with tax regulations.

Business
Tax Preparation

Best business tax preparer in the US serving small business owners with corporate income tax preparation

Let our experienced tax advisors handle your tax filings with precision and efficiency, maximizing deductions and credits to alleviate the stress of tax season.

Who do we serve?

We serve business owners who want to ensure compliance with the latest tax laws and regulations. Our corporate tax services are designed to accommodate enterprises of all sizes, from small businesses to multinational corporations. We currently extend our services to the following:

• US Businesses
• International Businesses
• Foreign Businesses engaged in a US trade or business
• Foreign Individuals engaged in a US trade or business
• US Businesses engaged in a foreign trade or business
• U.S. Individuals engaged in a foreign trade or business
• Real estate holding companies
• Construction companies

Effective business tax preparation

Trusted Advisors

Our Trusted Tax Advisors will go above and beyond your expectations.

Bilingual Advisors

No language barriers. Always ready to listen to your needs.

Peace of Mind

You will feel safe, protected, and in control.

Business Tax Planning

Effective business tax planning is essential for minimizing taxes, maximizing savings, and managing complex global tax compliance challenges. Our experienced corporate tax advisors work closely with entrepreneurs to develop comprehensive tax plans that optimize cash flow and minimize tax liabilities. We have in-depth knowledge of federal, state, and local taxes, including income, sales, property, and payroll taxes. Through collaboration with business owners and leveraging cutting-edge technology, including AI, our tax advisors guarantee successful tax minimization, preserving the company's financial stability, and nurturing its future growth. From small business owners to international enterprises, our team provides personalized tax solutions to maximize savings and ensure compliance.

Business Accounting

Accurate business tax accounting is vital for achieving long-term financial success by maximizing deductions, credits, and profits, while minimizing tax liabilities and penalties. Our comprehensive and broad range of accounting software and solutions caters to the accounting needs of local and global businesses, integrating various functions and streamlining processes from sales to accounting. By leveraging unified global technology and accounting services, businesses can automate procedures and access real-time financial information. Engaging a certified public accountant (CPA) helps navigate complex tax regulations, while outsourcing accounting functions improves efficiency. Get expert guidance on tax filing, preparation of profit and loss statements, and tax planning strategies tailored to your business needs.

Business Tax Returns, Form 1120, Form 1065

Our tax compliance professionals possess extensive experience and expertise in all aspects of business tax filing. Whether it's federal tax, state tax, or any other tax-related matter, we are here to assist you. We ensure your compliance with local, state, federal, and international laws, handling tax filing for various forms, including Form 1120, Form 1120S, Form 1065, and Form 1120-F. Our goal is to simplify the complex tax process, providing a smooth and stress-free experience so you can meet your tax obligations and save money. As entrepreneurs, we understand the importance of effectively managing your business income taxes. Discover how our qualified professionals can assist with federal tax forms, tax preparation software, and timely filing.

Federal Tax Return Preparation

Our tailored US Federal Tax Return Preparation services cater to the specific needs of businesses, providing reliable and accurate tax filing solutions. We understand the complexity and importance of federal tax obligations, emphasizing the need for a clear understanding to ensure compliance and avoid penalties. With expertise in business federal taxation, we stay updated on the latest tax law changes to ensure full compliance. Our federal tax experts gather and analyze your financial information, identifying eligible deductions and credits, while preparing your federal tax return with the objective to minimize tax liabilities. We specialize in the preparation of small business tax returns.

State Tax Return Preparation

Our State Tax Return Preparation services are designed to meet the specific needs of businesses seeking accurate and comprehensive tax filing solutions at the state level. With a deep understanding of state tax regulations, our knowledgeable team navigates the complexities of business taxation across multiple states. Our meticulous approach involves gathering and analyzing your financial data, identifying deductions and credits, and preparing your state tax return. Whether you operate as a sole proprietorship, partnership, or corporation, we will enhance your tax position. Stay up to date on tax policies, tax-related topics, and state filing requirements with our comprehensive tax filing services.

Payroll Tax Services

Our Payroll Tax Services team specializes in comprehensive support and expertise for payroll tax compliance, catering to small businesses and large businesses. We navigate the complexities of payroll taxes, staying updated on local, state, and federal tax regulations to ensure full compliance. Our services include calculating and withholding taxes from employee wages, filing payroll tax returns, and remitting taxes to the appropriate authorities. We also assist with payroll tax audits, resolve issues, and keep you informed about changes in payroll tax regulations. Maximize your tax savings with our team of qualified tax professionals, offering direct access, online payroll, and after the fact payroll services.

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Sales Tax Services

Our comprehensive sales tax advisory services are designed to help businesses navigate the complexities of sales tax compliance. With our experienced team of tax professionals, we stay updated on the ever-changing landscape of sales tax regulations and compliance requirements. We provide expert guidance on sales tax, ensuring your business remains compliant and minimizing the risk of penalties or audits. From determining sales tax nexus to accurate calculations and timely remittance, we handle all aspects of sales tax management. Trust our tax experts to offer tailored solutions and expert advice, streamlining your sales tax processes and allowing you to meet your business goals.

International Business Taxes

We understand the complexities and implications of international tax in today's global economy. With over 30 years of experience, we have been providing international tax services to multinational companies and global families. Our team of experts is well-versed in the key concepts, principles, and issues surrounding global tax compliance. We navigate the ever-evolving international tax landscape, ensuring that our clients stay compliant with the regulations of each jurisdiction where they operate. Our experienced tax professionals offer comprehensive corporate tax services, including tax filing, tax planning, and international tax compliance.

Business IRS Audit Representation

The thought alone of an (IRS) Internal Revenue Service tax audit can be overwhelming and stressful for any business owner. But worry not, our business tax advisors can help guide you through the entire process with ease. Our experienced team of tax professionals (CPAs) can serve as your tax audit representatives, providing you with expertise in tax law, negotiation skills, and extensive experience dealing with tax authorities. We understand the complexities of the audit process and will work tirelessly to protect your business's best interests. You can trust H&CO to navigate the IRS tax audit process, ensuring a smooth and successful outcome for your business.

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COMMON TAX QUESTIONS

What are the most common types of business taxes?

The basic types of taxes are income tax, estimated taxes, self-employment tax, employment tax, sales tax and excise tax. Business owners must be aware of these taxes.

How can businesses benefit from professional tax planning?

Professional tax planning helps businesses optimize their tax strategies, minimize liabilities, and maximize savings. By working with experienced tax advisors, businesses can navigate complex tax laws and regulations with confidence.

What should businesses consider when choosing a tax service provider?

When choosing a tax service provider, businesses should consider factors such as experience, expertise, reputation, and personalized service. Selecting the right provider can make a significant difference in ensuring accurate tax filings and strategic tax planning. If you are a low income taxpayer, you can work with H r Block advisors tax pro or similar services. However, if you want to minimize your risk and minimize your taxes, we recommend that you retain the services of a CPA firm. The national average fees for CPA firms are higher than the tax preparation fees for low fees service providers such as H&R Block, TurboTax, FreeTaxUSA and others.

What are the key differences between various business tax structures?

Business tax structures vary in terms of legal requirements, tax treatment, and implications for liability and management in individual circumstances. Understanding these differences is crucial for businesses to make informed decisions about their organizational structure. The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation.

What tax deductions and credits are available to businesses?

Businesses may qualify for deductions and credits related to expenses, investments, research and development, and other activities. Leveraging these incentives can help businesses reduce their tax burden and invest in growth opportunities.

How can businesses ensure compliance with tax laws and regulations?

Businesses can ensure compliance with tax laws by staying informed of tax situation, maintaining accurate records, and seeking professional guidance instead of preparing their own taxes. Proactive compliance efforts are essential for avoiding penalties and maintaining trust with tax authorities.

What are the common tax challenges faced by businesses?

Common tax challenges for businesses include complexity of tax laws, changing regulations at tax time, and navigating deductions and credits. Addressing these challenges requires careful planning and ongoing monitoring of tax obligations.

How do changes in tax laws impact businesses?

Changes in tax laws can impact businesses by affecting tax rates, deductions, credits, federal form and compliance requirements. Staying informed about these changes is crucial for businesses to adapt their tax strategies and minimize risks.

What are the consequences of non-compliance with tax regulations?

Non-compliance with tax regulations can result in penalties, fines, audits, and damage to reputation for businesses. Failing to meet tax obligations can have serious financial and legal implications, making compliance a top priority for businesses.