Accounting, Tax Planning, & Tax Preparation Services for Businesses

It Takes a Team

There are many factors that contribute to operating a successful business. While you concentrate on increasing revenues, let us focus on providing a comprehensive package of tax, accounting, and consulting services that complement your core business. Rakatansky CPA will work with you as a member of your team, and together, we will continually strive to increase your bottom line.

We take the time to get to know you and your businesses, and then use this knowledge to consistently deliver customized solutions that meet all of the financial needs of your business.

Services Provided to Businesses Include:

  • Accounting
  • Bookkeeping
  • Business Formation
  • Business purchases & sales
  • Choice of entity
  • Correspondence with taxing authorities
  • Federal and state tax return preparation
  • IRS and state audit representation
  • Pension and profit-sharing plans
  • Real estate purchase and sale
  • Tax planning
  • Tax projections

Accounting – Businesses

Focus on Your Core Business

The accounting and financial operations of your business are essential to its success. Don’t let these time-consuming responsibilities divert your focus from your core business of sales, operations and customer service. Let us take care of all your accounting and finance needs while you concentrate on growing your company.

We have over 20 years of experience helping privately held businesses succeed by developing and implementing comprehensive accounting and financial plans.

Accounting Services Provided to Businesses Include:

  • Accounting
  • Bookkeeping
  • Cash flow projections
  • Key performance indicators (KPI)
  • QuickBooks
  • Succession planning

Tax Planning – Businesses

Long-Term Plans of Action

Rakatansky CPA strives to help companies reduce their tax liabilities and increase value through proactive year-round tax planning. We stay informed of your business transactions, analyzing various possibilities and scenarios in order to assist you in making choices that help you achieve your business goals while minimizing your tax obligations.

We stay informed of the most recent changes to the tax code so that we can provide you with the most accurate and up-to-date tax planning strategies.

We work together with businesses to develop long-term plans of action using methods that aim to maximize your tax savings and increase your bottom line.

Tax Preparation – Businesses

Leave It to Us

At Rakatansky CPA every federal, state and local business tax return is prepared by a licensed CPA. The extensive technical expertise and industry experience that we possess ensures every tax return is accurately prepared in an efficient and timely manner.

If you are a business owner who has neglected to keep up-to-date books and records, we can help! Let us clean up your bookkeeping, assemble your annual accounting records, and prepare all necessary business and personal tax returns. We coordinate and oversee the entire process from start to finish.

Our goal is to help you turn your financial documents into an organized set of tax returns that produce the most advantageous outcome while complying with all laws and regulations.

Our Tax Preparation Process Includes:

  • Sending tax organizers and requests for data
  • Bookkeeping and reconciling financial data
  • Producing tax returns to be reviewed by clients
  • Meeting with clients to review tax returns and address client questions
  • Preparing final tax returns and providing instructions regarding refunds and payments
  • Preparing tax projections and estimated payment information for the following tax year
  • Responding to any communications from the IRS and taxing authorities

We Prepare All Federal & State Business Tax Returns Including:

  • 990 (Nonprofit)
  • 1065 (Partnerships)
  • 1120 (C Corporations)
  • 1120S (S Corporations)
  • Schedule C (Sole Proprietorship)
  • Schedule E (Rental and Royalty Income)
  • Other federal and state tax returns