As a full-service accounting firm, we develop relationships with our clients, providing them with whatever help they need.
From outsourced bookkeeping to advanced tax planning strategies, we do whatever it takes to help make their business succeed.For some clients we even do outsourced CFO functions, taking over their checkbooks and finances completely, thus freeing them up to do what they do best with minimal stress or attention on finances.
As a business owner, you’ve got a lot on your plate. We can handle your accounting and bookkeeping so that you don’t have to worry about it. We’re professionals and do it all the time. We keep your books immaculate with no headache for you. Plus, at tax time there is no need for us to review or correct anything because we’ve been doing the books all year long—which saves you time and money.
Our outsourced accounting and bookkeeping services keep the stress of finances off your plate and in good hands.
Probably the most complex part of handling finances is preparing business taxes. Tax preparation requires a thorough knowledge of tax codes and a real understanding of a company’s real-world circumstances. Missed deductions and credits can cost a business owner tremendous amounts of money if not done correctly, sometimes tens of thousands of dollars.
We handle every aspect of tax preparation for your company so that you can simply drop off your records and move on… or, if we’re already doing your bookkeeping, we’ll just take care of it for you at tax time.
Our goal is to completely remove the headache, worry and anxiety of tax preparation so that you can simply live your life.
As a Certified Tax Coach, CEO Kim Bey is one of an elite group of 200 CPAs in the United States devoted to proactive tax-reduction strategies. Tax planners don’t simply “do your taxes” at the end of the year. They work with you to structure your business ahead of time in order to have the lowest tax burden possible.
Tax planning requires a high level of knowledge: knowledge of tax code changes as well as up-to-date legal interpretations of those codes, as decided by the courts. Formally available only to the ultra-rich, tax planning is now being offered by Certified Tax Coaches as a viable option for business owners and professionals.
Bey & Associates is unique in our ability to provide tax planning strategies to help you keep more of your hard-earned money.
To learn more, visit our Tax Planning page.
An integral part of many companies, QuickBooks is the bookkeeping software of choice for many businesses. But it can be confusing. We offer consulting services to help get you set up with QuickBooks or provide ongoing maintenance as needed.
If you need QuickBooks help, give us a call at (202) 483-0404
You can save a lot on your taxes simply by establishing the right business entity. Which one is right for you: an S corp? C corp? LLC? These are common questions and there is no one-size-fits-all answer. Different entities types have different benefits and drawbacks. Some give better tax benefits, while others provide a higher level of protection for the owner. At times it can be beneficial to set up multiple entities, with one receiving the majority of the profit and the other protecting the owner from liability.
Determining the appropriate corporate structure requires an in-depth knowledge of your personal circumstances. It also requires a thorough understanding of local and state laws where you’re located. This is all part of proactive tax planning. We work with tax attorneys and are very familiar with both the protection offered by each entity type, as well as its tax implications.
Given that there are so many different types of entities, there are a wide variety of combinations that can be selected to meet your exact needs in life and in business. Properly setting yourself up with the right entity, or combination of entities, can have profound effects on your taxes.
Sometimes it comes down to needing IRS representation, which can be nerve-wracking or downright traumatizing for a business owner. However, they don’t have to disrupt your business or personal life. We can help.
We want our clients to know that if they ever get audited, we’re here for them. As a full-service accounting firm, we’re on your team and in your corner.
If you’ve got an IRS situation, contact us immediately. We can help you work out a strategy to get on top of it and put you back in the driver’s seat.
Some business owners are so busy building their business they simply don’t take the time to do the proper tax filings. These can stack up for years sometimes, until the owner has quite a backlog on his hands. At this point it can start to seem hopeless or overwhelming.
We regularly have people come to us who run extremely successful businesses, making lots of money, who just never sat down to address their taxes—sometimes for years. And while back taxes can definitely be a threat to the business if not handled, they don’t have to be hard to sort out. We see it often and are experts in untangling any kind of back tax situation.
Our mission is to be your ally, getting the situation resolved smoothly and without stress. Bring your back tax situations to us. We’ll solve it so you can take your attention off of them and get back to your business.
For more information, visit our Solutions for Back Taxes page.