Founder at Northside Tax Service in Tallahassee, Florida, Shawn Wesley, EA, has just revealed three crucial services he offers to help small business owners avoid tax debt and IRS audit issues by successfully navigating the complexity of the tax system.
Tallahassee, Florida, United States - January 19, 2018 /MM-REB/ —
Shawn Wesley, EA, tax specialist at Northside Tax Service in Tallahassee, Florida, has just revealed three crucial services he offers to help small business owners navigate the complexity of the tax system.
For more information please visit http://tallytaxman.com/
With more than 14 years of experience, Wesley says that helping business owners tackle their taxes and stay compliant boils down to three key things.
1.) Payroll Taxes
According to Wesley, payroll is one of the biggest burdens when it comes to tax compliance for small business owners.
When asked to elaborate, Wesley said, “Regarding payroll, there’s a lot that needs to be done to stay current with biweekly, monthly, and quarterly deposit requirements, as well as quarterly and annual tax filings. Each requirement has a deadline and penalty associated if it’s not done properly or timely.”
“We have a system that takes the burden off our client’s shoulders, and we manage deposits to ensure they are fully compliant for quarterly and annual reporting. We make sure these filings are done timely and accurately,” Wesley added.
2.) Tax Preparation
Another major service offered by Northside Tax Service is tax preparation.
“Because taxes take up such a chunk of a business’s income, we strive to ensure that a small company is structured properly and find ways to increase tax efficiency, so they keep more of their earnings.”
In addition Wesley uses his knowledge of the tax landscape to identify areas where business owners can maximize their deductionsd and reduce their tax exposure.
This service also comes with an added benefit.
“With consistent and accurate tax preparation, our clients can rest assured that they won’t run into any surprises such as penalties,” he said.
3.) Tackling Penalties
Receiving penalties for not being fully compliant is another problem Wesley sees among small business owners.
“There are many different types of penalties from a failure to deposit correctly on payroll taxes to incorrect filing on individual returns, which can accumulate with interest up to or more than 50% of the principal amount,” Wesley said.
Northside Tax Service works with their clients to either prevent penalties or have them waived in First Time Abatement (FTA) situations.
“If a client is a first time offender or can establish reasonable cause and good faith, then we can help them get certain penalties plus all accumulated interest forgiven,” he said.
For more information please visit http://tallytaxman.com/
Contact Info:
Name: Shawn Wesley, EA
Organization: Northside Tax Services
Address: 4699 N Monroe St, Tallahassee, FL 32303, USA
Phone: 850-443-2269
For more information, please visit http://tallytaxman.com/
Source: MM-REB
Release ID: 289608
