Accounting and Tax Professionals
Maxwealth Accounting Inc. offers a wide range of services, from forming LLCs and corporations, registering with tax agencies, bookkeeping, tax return preparation and tax planning.
We setup payroll and all related registrations. We will also advise business owners, especially owners of S corps, what is "reasonable salary" that must be taken before the owner can take a distribution. We will file your quarterly payroll returns and issue W-2s.
We provide bookkeeping services and also serve as a consultants and trainers for your current bookkeepers.
Sales Tax Filings
If you are required to collect sales tax we will assist you with obtaining a certificate of authority to collect sales tax and with the sales tax filings
Tax Projections and Planning
At Maxwealth Accounting we will help you estimate your annual tax liability with professional tax projections. The projection is an overall review of the year's income and expenses. During a projection important issues are addressed: Did you pay in enough taxes? As the business owner do you need to increase your salary? Should you take a distribution? Were there any significant tax events during the year that haven't been accounted for such as a sale of property? An overview of the years financial activity is very important to make sure you minimize your tax liability and that the taxes you owe are paid timely to avoid penalties.
Business Tax Returns
We will help you make adjusting entries and close your books. We file all types of business tax returns: sole proprietorships (Schedule C), Corporation returns, S corporation returns, and LLC returns.
Personal Tax Returns
We have vast experience in preparation of all types of personal tax returns. Whether you receive a W-2, 1099, K-1, interest, dividends, gains and losses from investments, Retirement income, we are here to help. We work hard to make sure you receive every IRS credit you're entitled to for a maximum refund!