Accounting & Tax Solutions Inc provides individual tax preparation, monthly accounting services, new business consultations, remote comptroller, and trusted business advisors to the Lakewood, CO area.
Absolutely the best and most professional accounting firm ever. They’ve been doing our corporate taxes forever and we’re lucky to have them.
FA
Fred A
Mar 21, 2021
5.0
Accounting and Tax Solutions have been my trusted accountants for over 2 decades and I have never been concerned over the accuracy of my tax returns. They have always been there to answer my questions and guide me when I wasn't sure what additional information was needed to complete my tax return.
DS
Dory Switzer
Dec 16, 2016
5.0
These people are wonderful and top of the line professionals. They endeavor to know all the current tax laws, are vigilant to maintain a high level of integrity, security and accuracy. You couldn't find a better company to place your confidence, manage your finances and prepare your tax returns. Plus - they are really nice people.
Frequently Asked Questions About Accounting & Tax Solutions Inc
What is an enrolled agent?
Enrolled agents (EAs) are tax professionals licensed by the U.S. Department of the Treasury to represent taxpayers before the IRS during audits or collections. They must maintain current knowledge of the U.S. Tax Code and adhere to strict ethical and educational standards. The rigorous requirements for becoming an EA ensure only top-tier tax professionals receive this designation. If you require the services of an enrolled agent, please contact our office for assistance.
If I am using QuickBooks, why do I need your services?
While QuickBooks and similar software are useful for data entry, our accountants and bookkeepers provide valuable interpretation of this information. We offer financial reports, projections, monthly balance sheets, and detailed general ledgers. Additionally, we provide year-round consultation and tax advice to help you leverage changing tax laws, minimize your tax burden, and improve profitability.
How else can you help me other than monthly accounting and tax preparation?
Our services extend beyond routine accounting and tax preparation. We can assist with business acquisitions by preparing cash flow projections and debt service analysis. We also offer financial analysis to compare your business against industry standards, recommend suitable accounting systems, provide IRS and state tax audit representation, and assist with offers in compromise through our enrolled agents or CPAs.
In the event of an audit, what do I do?
In the event of an audit, your first step should be to contact our office at 303-232-8300. As your tax advisers, we will meet with you to develop an appropriate action plan and gather necessary information to streamline the audit process. Our enrolled agents or certified public accountants can guide you in preparing for the audit yourself or act as your representative. Please reach out to us for more detailed information.
What things do I need to do to ensure that you better serve me or my company?
To ensure we provide optimal service, it's crucial to keep us informed of any significant financial changes or decisions affecting your business. Providing timely information allows us to work with current data. For tax preparation assistance, please refer to our income tax data organizer and tax organizer checklist available on our tax forms page.
Can you take over where our in-house accountant left off?
Yes, we can seamlessly continue your accounting processes. We begin by assessing your specific needs and determining the most cost-effective approach to manage your accounting requirements. Our goal is to ensure you receive timely and accurate financial statements.
What is earned income credit?
The earned income tax credit (EITC or EIC) is a refundable tax credit offered by the United States federal government. It is designed to benefit low to moderate income working individuals and couples. For more comprehensive information about this credit, please visit our website.
What are Affordable Care Act (ACA) tax provisions?
The Affordable Care Act includes tax provisions related to health insurance coverage and financial assistance options for individuals and families, such as the premium tax credit. It also encompasses various tax and other provisions for employers. For detailed information about these provisions, we recommend visiting the official IRS website.
What are the business hours of Accounting & Tax Solutions Inc?
We are open Monday through Thursday from 8:00 AM to 4:00 PM and closed on Fridays, Saturdays, and Sundays. We are also closed on major holidays such as Thanksgiving, Christmas, New Year's Day, and Independence Day.
What services does Accounting & Tax Solutions Inc offer?
We offer individual tax preparation, monthly accounting services, new business consultations, remote comptroller services, and trusted business advisory.
Who are enrolled agents and how can they help me?
Enrolled agents (EAs) are tax professionals licensed by the U.S. Department of the Treasury to represent taxpayers before the IRS during audits or collections. They maintain up-to-date knowledge of tax laws and adhere to strict ethical standards. Our enrolled agents can assist you with tax representation and advice.
Can Accounting & Tax Solutions Inc take over accounting work from my in-house accountant?
Yes, we can step in to continue your accounting needs, assess your requirements, and provide timely and accurate financial statements tailored to your business.
How can Accounting & Tax Solutions Inc assist me during an IRS audit?
If you face an audit, contact us at 303-232-8300. We will develop an action plan, gather necessary information, and provide representation through our enrolled agents or CPAs to streamline the process.
Why should I use your accounting services if I already use QuickBooks?
While QuickBooks is useful for data entry, our experts interpret the data, prepare financial reports and projections, offer year-round consultation, tax advice, and help optimize profitability and tax liabilities.
What nearby places could I visit before or after my appointment at Accounting & Tax Solutions Inc?
You might consider visiting local real estate agencies like Julia Weichselbaum, Legacy 100 Real Estate Partners or The Sandstead Team, or relax at TRUTH Med Spa nearby. These nearby businesses can complement your visit, whether you're looking for real estate assistance or self-care.
Are there any insurance agencies close to Accounting & Tax Solutions Inc?
Yes, several insurance agencies such as A'Hern Insurance Agency, Total Retirement Insurance - Home of Mr. Medicare, and Hall Financial are located nearby, providing convenient access to insurance services along with your accounting needs.
How can nearby real estate professionals assist me in conjunction with your services?
Nearby real estate agents like The Wehr Homes Team and KC Butler's REMAX 100 Home Team can provide expert real estate advice and services, which complements our business consultation and tax preparation for individuals and businesses involved in real estate transactions.
What payment options are available at Accounting & Tax Solutions Inc?
We accept various payment methods including American Express, Cash, Check, Discover, Invoice, MasterCard, and Visa for your convenience.