It’s nearly “that” time again! 2020 has come and gone, and businesses are looking to find the best service for corporate tax return preparation in San Francisco. At Safe Harbor, we’re business specialists and can help you evaluate your tax options for the 2020 tax year.As specialists in business and high income personal tax return preparation right here in San Francisco, at Safe Harbor we keep up to date with all of the relevant changes in federal, state, and San Francisco tax laws, since there are always changes, but this means that we are always on top of them so that we are able to ensure that you get the maximum allowances and tax deductions for your business. This means that you will only have to pay the minimum amount of taxes in accordance with all the various laws.
We are also able to help you with any income that you may have from overseas. This is an area of specialization (so-called expat tax return preparation) on its own, but we have many business clients who have income from other countries – in Canada in particular – but in China, Western European countries, Mexico, Japan, and more. Such interests can also affect the taxes that you are required to pay here.
We Can Also Advise On The Best Form For Your Business
In addition, if you are just starting a business, we can advise you of the best type of form that your business should take, be it an S Corporation, C Corporation, LLC (Limited Liability Corporation), Partnership, sole proprietorship, or even a non-profit. Different business forms attract different tax rates, and you want to make certain that you use the best type for your business, which will obviously be the one that requires you to pay the least amount of tax. There may also come a point where it would be better to change your trading style according to the way that your business is going.
We work with a wide array of businesses for their corporate tax return preparation in San Francisco and the wider Bay Area, including legal firms, technology, building contractors, retail, transport, agriculture, and more. We take great care to understand all the complexities of business structures and issues as regards all types of taxes. Out job is two-fold: first to make absolutely certain that your business is compliant with the law in all respects so that there is no way in which you can fall foul of the Internal Revenue, and to do that in such a way that it means that your tax liability is as low as it can possibly be.