The IRS as of January 24th has begun accepting and processing tax returns. As in the past, tax season continues to give people nightmares. To properly fill out tax forms to receive your funds in a timely manner you have to collect W-2s and other tax documentation. Individual returns are relatively simple compared to business returns. However, tax preparation is a critical aspect of business ownership. It’s a year-round exercise, that requires diligent bookkeeping and an understanding of tax laws and regulations. The IRS at the beginning of tax season will provide guidance so that you can utilize the free services to file your return. However, there are tax breaks that will not be available through those free services unless you employ either a tax preparer or an accounting professional.
It is certainly understandable that giving your coveted financial information to a professional can make even the most confident person uncomfortable. But, it’s in your best interest to employ a tax preparer or accounting professional that can give you proper tax advice. Tax professionals should be consulted throuhgout year. They are there to help you make good financial decisions throughout the year. For example, if you are looking to start a business and need help securing your Employee Identification Number or a business license, talk to your accounting professionals. Most businesses require start-up costs to purchase licenses and/or incorporation papers; the return that you receive from a tax preparer or accounting professional can be a motivating factor that pushes you towards entrepreneurship.
Below is a list of dedicated certified public accounting firms and tax preparers that we highly recommend:
Seth Twum & Company PC is a full-service accounting firm located in Atlanta, GA. Mr. Seth Twum CPA and his team of very qualified accountants will provide you with assistance in all of your accounting, tax, financial, and business affairs — assistance that will improve your business and personal financial well-being. Seth Twum & Company PC aims to keep your taxes as low as the law allows in addition to building your personal wealth through tax and financial planning.
Forbes Accounting & Consulting, Inc. is an Atlanta, GA based accounting practice specializing in providing accounting, bookkeeping services, tax accounting and consulting services for individuals and small to mid-sized companies. Owned and operated by Ms. Jeri Forbes CPA CGMA, Forbes Accounting offers a broad range of services for business owners, executives, and independent professionals.
S.J.S. Financial Firm is a financial management practice located in Gywnn Oak, Maryland that provides bookkeeping, business consulting and tax services to small businesses and non-profit organizations.
AMJ Accounting Services, LLC is located in New Orleans, Louisiana providing accurate, reliable, legible, and high- quality accounting services.
Uprising Financial Legitimations, LLC is a licensed CPA firm which operates on faith-based principles; located in the Atlanta area. Our firm of seasoned accounting and financial professionals is focused on providing accounting and financial services to individuals, businesses and nonprofit organizations nationally and internationally.
As a reminder, you have until April 15th to file your returns. We strongly encourage you to support these firms and spread the word. When you call any of these firms, please mention that you were referred by I Am Black Business.