Tax Preparation For Business Tax Return Preparation, Itemised Tax Return and US Tax Planning

FinanceTax

  • Author Sharath Gva
  • Published June 5, 2011
  • Word count 573

Global Value Add, Inc. (GVA) was founded by professionals and alumni from Infosys, Jackson Hewitt, KPMG, and other reputable consulting companies with a combined industry experience of greater than 50 years in finance, book keeping, taxation and business consulting.  GVA, as an organization, is set on a strong foundation of integrity, trust, and commitment to customer service.

Our end-to-end services offering to Business enterprises comprises of formation of business entities, book keeping, payroll processing, corporate taxation, & business consulting.

One of the most common misconceptions that tax payer have is, that once the tax has been paid there is no need to file tax returns. But in reality, to comply with Itemised Tax Return, filing tax return is a mandate for all business houses meeting filing requirements.

For every business enterprise to have a smooth filing of their tax return, ensuring all the proper documentation is present is half the battle won. The business tax filing return differs for both newly formed business and existing businesses which complicates the process further.

The filing process differs depending on whether your business is a sole proprietorship, a partnership, a limited liability entity such as a corporation or an LLC, Single-member limited liability companies, C-corporations and Subchapter S Corporation. Thus, looking for a reliable tax consultant is desirable for reducing the tedious labor involved in preparing one’s tax return.

Newly formed ventures, will have to compulsorily disclose specific information like the nature of the business, whether it the first year in business, and the locality of business etc. The entire information in the chart of accounts must possess correct categories of income and expenses to ensure a smooth transition of the tax filing process. The individual business firms are left in a dilemma trying to deal with the effects of frequent changes in the tax laws.

Also, the businesses should be able to manage all the above without missing the IRS deadlines for NRI Tax Filing. In this context, MyTaxFiler can help you out with smartest business Tax return solutions where you can trust on our proficient services without a mark of hesitation.

Global Value Add Inc (MyTaxFiler) works with both startups and established companies to write and develop Business Tax Return Preparation plans to both document business strategy and to raise capital. MyTaxFiler primarily provides full spectrum solution for Business tax return preparation services with excellent know-how in auditing of accounting records, designing accounting systems, preparing financial statements, developing budgets, preparing tax returns, processing payrolls, bookkeeping, and billing.

MyTaxFiler consultants, with years of experience ensure a hassle free tax return preparation for your business by collecting a list of documents for further proceeding as a proof for previous records. Some of the major documents required by our experienced consultants are previous year’s business tax return, Articles of incorporation, Partnership agreement, Accounting records, Bank statements, Credit card statements, Payroll reports, US Visa Tax, Tax Plano, Detail of asset purchases, Depreciation schedules, Detail of asset dispositions, Vehicle information etc.

Mytaxfiler has significant experience working with technology and non-technology related companies. The business plans developed MyTaxFiler to date have raised millions of dollars in capital. We also store the financial records under book keeping in the account of our clients for easy business tax return preparation in the coming tax seasons making the whole process hassle free.

Contact Us :

Toll Free: (888)-99MYTAX

Toll: (972)-961-4814

Fax: (888)-482-0280

E-mail: tax@mytaxfiler.com

Homepage: http://www.mytaxfiler.com

Global Value Add, Inc. (GVA) was founded by professionals and alumni from Infosys, Jackson Hewitt, KPMG, and other reputable consulting companies with a combined industry experience of greater than 50 years in finance, book keeping, taxation and business consulting. My taxfiler also provide the services like Business Tax Return Preparation, US Tax Planning, ITIN Preparation, NRI Tax Filing,Itemised Tax Return,US Visa Tax,Tax Plano,US Tax Planning etc...

Article source: https://articlebiz.com
This article has been viewed 718 times.

Rate article

Article comments

There are no posted comments.

Related articles