Whatever type of business you run, you need to file your federal and state tax returns before individuals in most cases, and that means that at Safe Harbor we always see a rush of clients in January and February who need business tax preparation in San Francisco. Fortunately for you, we still have some spaces available, so you can be assured that we will get your tax returns filed on time.
In fact, we work with a wide range of different businesses for their business tax preparation in San Francisco, ranging from small mom and pop shops to LLCs’, non-profits, business partnerships, sole traders, C corporations, and S corporations, and our aim is always to ensure that whatever type of business you run you will never pay a cent more in tax than the law demands. We don’t like paying taxes any more than anyone else, and we don’t see why any business owner should pay over the top, but the fact is that many do. Why else would the IRS have issued 125.3 million refunds in 2020 totaling $317.7 billion? The average refund was $2,827.00.
Those Were Only The Refunds
And those were only the refunds that the IRS made. How many more overpayments were there that went unnoticed? Certainly, if you have overpaid any taxes then you are entitled to a refund, but it is far better not to overpay in the first place. That is why you need one of our top-rated tax accountants at Safe Harbor to handle your business tax preparation in San Francisco.
Our San Francisco tax professionals keep constantly up to date with all changes in both federal and state tax laws so that they can ensure that your tax returns are spot on, and that you do not overpay, or for that matter underpay, your taxes. While nobody wants to overpay, it is equally important not to underpay, because you don’t want to find yourself on the receiving end of fines for doing that.
If you are just starting out in business, we can help you there too. Many people start a business without even thinking about tax because that is the last thing on their minds at that moment. They are concerned – quite rightly – with getting the business off the ground and gaining customers/clients. However, there are several different ways of starting a business when you take taxes into account, and our experts can help you to decide the most appropriate business form when it comes to taxes. So, you might be best off forming an LLC, but you could be better using an S corporation or C Corporation, for example. Talk to us, and let’s get your business off on the right foot with regard to future taxes.