Taxedo CPA

Tax preparation is the process of gathering all necessary tax information, calculating taxes owed or refunds due, and filing the appropriate tax forms with the government. Tax preparation services can be helpful for individuals and businesses that want to ensure accurate and timely filing, avoid errors, and take advantage of all available deductions and credits.

Tax planning is the process of analyzing a client's financial situation and developing strategies to minimize tax liability and optimize tax savings. Tax planning can include strategies such as taking advantage of tax deductions and credits, contributing to tax-advantaged retirement accounts, and structuring business transactions in a tax-efficient manner. Tax planning services can be useful for individuals and businesses that want to reduce their tax burden and maximize after-tax income.

Bookkeeping involves the recording, tracking, and organizing of financial transactions such as income, expenses, and payments. Bookkeeping services can be helpful for individuals and businesses that want to ensure accurate financial records, stay on top of accounts receivable and payable, and prepare financial reports for tax and other purposes.

Payroll processing involves the calculation, withholding, and reporting of employee wages and taxes. Payroll processing services can be helpful for businesses that want to ensure accurate and timely payroll processing, stay in compliance with payroll tax laws and regulations, and reduce the risk of errors and penalties. Payroll processing services can also include services such as direct deposit, electronic tax payments, and payroll tax filings.