IRS Resources for Norcross GA Business Taxes

2014irsresources

It’s Spring in Atlanta GA and Tax time is in full swing.  As a business owner you could find yourself in several categories.  First, you could a well-oiled machine and may not need our services because you have a fully staffed accounting department.  For everyone else, you exist in various levels of anxiety.  Are my books in order?  Am I overpaying my taxes by “saving money” and doing them myself?  Am I up to date with all the tax rules that may put me at risk of submitting an incorrect return? Well, read on future client because you are not alone.

There are plenty of companies offering tax services in Atlanta GA and with good reason.  Business taxes, whether in Atlanta GA or elsewhere, are a sizable portion of the budget and they are increasingly complex.  Despite what some people may think, the CPA lobby does not relish the complexity as much as you would think.  It makes our jobs more difficult as well.

At Mark Bryant, CPA, we are more than just a tax prep solution.  We are a business solution.  Mark Bryant, CPA can review your business structure to make sure it’s the best Georgia business entity for you.  We can be a part of your monthly accounting support team where you can see as much or as little of us as your budget and needs dictate.  We can handle all tax preparation and filings for you as well.  You see, tax preparation is not just the act of remitting taxes before a deadline.  It is an important overall business activity that needs to be evaluated on a continuing basis.  If handled correctly, “tax time” is not as nearly as stressful and the results to your bottom line not only pay for our services but also show a net increase.

No matter how far behind you are on your taxes or how messed up your books are at this point, we can help.  Already facing problems with the IRS?  We can help there too as approved representation for you.  Lucky enough to have detailed books?  We can help reduce your accounting cost by our flexible plans and service levels.  You do not have to choose between outsourcing and in-house accounting any longer.

  • Mark Bryant, CPA Atlanta, Georgia Accounting Services
Mark Bryant, CPA Expert Accounting Services
Even filing a simple tax return can be complicated in these times. It can be easy to overlook the credits and deductions you may deserve which, in the end, can end up costing you money. Working closely with an experienced CPA firm that is equipped to handle your tax needs can make the difference between owing money and getting some back come tax season.
  • Home Owner’s Association Accounting & Tax services provides extensive and competent financial assistance to your HOA board.

    Home Owner’s Association Accounting services include:

    - Tax Return Preparation
    - Monthly Accounting Services
    - Financial Statement Preparation

    Mark Bryant, CPA
    2300 Windy Ridge Parkway
    Suite 520N
    Norcross, GA 30339
    Phone: 404-513-0765
    Fax: 770-456-5397

    Norcross Tax Services for Home Owners Associations
  • Are Your Books a Complete Mess? No Problem.

    If you own a small business or you are an independent contractor and haven’t kept up your bookkeeping, don’t worry. We can help you. We’ll prepare your bookkeeping for the year, prepare a full Schedule C, as well as your personal income tax return. Then we’ll help you set up an easy system that allows you to keep your books in shape for next year.

    Mark Bryant, CPA
    2300 Windy Ridge Parkway
    Suite 520N
    Norcross, GA 30339
    Phone: 404-513-0765
    Fax: 770-456-5397

    Norcross Tax Services for Individuals
  • Our tax preparation and tax planning services can help you to take advantage of today’s changing tax laws and ensure you a better tax return. Even filing a simple tax return can be complicated in these times. It can be easy to overlook the credits and deductions you may deserve which, in the end, can end up costing you money. Working closely with an experienced CPA firm that is equipped to handle your tax needs can make the difference between owing money and getting some back come tax season.

    Mark Bryant, CPA
    2300 Windy Ridge Parkway
    Suite 520N
    Atlanta, GA 30339
    Phone: 404-513-0765
    Fax: 770-456-5397

    Expert CPA Business Tax Services
Mark Bryant, CPA Business Consulting
Starting a new business? Not sure how to structure? Sick of paying through the nose for being a captive 1099? Call Me Today.
404-513-0765
  • We help new businesses get a leg up from the start by structuring the proper business entity. But what if you have been in business for awhile? We can seamlessly switch if it makes sense. Call Me Today. 404-513-0765

    Choosing The Right Business Entity
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Atlanta CPA Helps in Search for the Right Business Entity in Georgia

selecting the correct business entity structure

Selecting the Right Georgia Business Entity
By Mark Bryant

The business entity structure that you choose when starting a Georgia business entity search for your local business in Atlanta, Norcross, or anywhere in the State of Georgia has a significant impact on the taxes you will pay and the liability that you are exposed to as a business owner. Choose wisely to protect yourself while saving money.  The Georgia Secretary of State is the place where we file, but the discussion should start with Mark Bryant, CPA.

1099 vs. Single-Person LLC

People who work as 1099s pay high self-employment taxes that can eat away at their income. The S-Corporation business entity, in the form of a corporation or LLC, offers a solution to this problem. Benefits of establishing an S-Corporation, as opposed to remaining a 1099 worker, include:

  • Limited liability. The S-Corporation (in the form of a corporation or LLC) structure protects your personal assets.
  • Easy-to-understand tax implications. Net profit or loss flows from your S-Corporation to your personal return.
  • Separation of the entity. The business entity is separate from the individual who sets up the S-Corporation.

LLC vs. S-Corporation

Have you already set up an LLC?  It’s not too late to switch if you need a better format.  An LLC allows you to operate a partnership that offers a limit to the liability you are exposed to, but you may want to consider an S-corporation if you’re growing the business.

Shareholders of a Georgia S-corporation pay lower taxes on distributions than owners of an LLC pay on their income. The line between the entity and shareholders also allows for easier transfers of ownership.

Consulting a local Atlanta CPA is the best method for choosing the right entity to decrease your tax liability.  An experienced Atlanta CPA can evaluate your unique situation to determine the ideal business entity to offer tax savings and to limit personal liability.