We specialize in preparing your taxes quickly and painlessly, and will ensure you receive all the deductions you are entitled to. We are always available to help you with your tax planning needs to help you lower your taxes and avoid surprises during the tax season. And in order to speed your refund, we can file your return electronically to the IRS and state tax boards.
Our firm offers a complete range of accounting services, including receivables, payables, and payroll management. We prepare unaudited financial statements for use by banks and other third parties. Our firm will also prepare custom financial reports for internal, managerial use.
Incorporation Services-LLC's, S-Corp, C-Corp
Starting a new business can be an intimidating process. Incorporating a business allows you to protect personal assets through liability protection, save money on taxes and establish credibility with customers.
QuickBooks Setup, Organization and Classification
Let us help you get started. Do you need a bookkeeper to get your business organized? We sort, organize & handle all the mountains of paper that stack up-even for a small business. We set up your bookkeeping to reflect your practice, making it easier to run and track business revenues and expenses.
Payroll can be as simple or as complicated as your business requires. From the simple handwritten check payment of contract labor to the complicated direct deposit payroll of salaried employees with multiple benefit deductions, we can process payroll efficiently.
We will make sure payroll taxes are paid promptly to avoid costly IRS and State fines and finance charges.
Sales Tax Reporting
Sales tax is due monthly, quarterly or yearly, depending on the value of taxable sales in the business. Late reporting and payment can be costly depending on liability. Stop paying late fees and let us take care of your tax reporting.
Accounts Payable and Receivable
We will keep you informed and up to date on who owes you money with easy to read reports. We will also make sure you pay your vendors promptly, keeping your supply chain intact.
If you have not been using a professional to keep your books, your accounting records may have gotten out of control. We can clean up your books and bring them into proper order. If you have employees posting receivables and payables, we offer training for consistent posting.
Reconciling accounts is one of the most important, yet most often neglected bookkeeping functions in a small business. Even in the computer age, mistakes happen! Reconciling your accounts gives you the confidence that all charges and credits are properly recorded and that balances are accurately reflected.
We offer a wide variety of financial reporting including cash flow, profit & loss statements and balance sheets. Depending on your business industry, you might want job profitability reports and payables and receivables aging reports.
TAX PREPARATION SERVICES
Helping Our Clients Achieve Financial Freedom
In 2014, Tax Benefits Increase Due to Inflation Adjustments
WASHINGTON — For tax year 2014, the Internal Revenue Service announced today annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes. Revenue Procedure 2013-35 provides details about these annual adjustments.
The tax items for tax year 2014 of greatest interest to most taxpayers include the following dollar amounts.
Grant's Financial Services provides quality bookkeeping, accounting and tax preparation services for small businesses.
Grant's Financial Services | 312-265-1414 | firstname.lastname@example.org
2008 S. Wabash Ave | Chicago, IL 60616
Copyright © 2014 Grant's Financial Services. All Rights Reserved.