Business Services

Empowering Your Business with Strategic Financial Solutions

Leverage our deep understanding of your financials and expert tax advice to drive growth and ensure your business thrives. With our comprehensive knowledge and strategic insights, we help you navigate complex financial landscapes.

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How We Assist Your Business:

Accurate Financial Record-Keeping - Ensure precise and up-to-date bookkeeping to maintain comprehensive financial records, allowing for better financial management and decision-making.

Customized Financial Reports - Provide tailored financial reports that offer insights into your business's performance, helping you understand your financial position and make informed decisions.

Efficient Tax Preparation - Handle all aspects of tax preparation, ensuring compliance with current tax laws and regulations, and maximizing deductions to reduce tax liability.

Strategic Tax Planning - Develop proactive tax planning strategies to optimize your tax situation throughout the year, helping you save money and avoid surprises during tax season.

Cash Flow Management - Monitor and manage cash flow to ensure your business has the liquidity it needs to operate smoothly and capitalize on opportunities.

Audit Support and Representation - Offer support and representation during tax audits, providing expertise and guidance to navigate the audit process confidently and effectively.

Regulatory Compliance - Keep your business compliant with all relevant financial and tax regulations, reducing the risk of penalties and ensuring peace of mind.

Industries

At Downtown Tax and Accounting, we have extensive experience and have provided assistance in tax preparation, multiple LLC setups, and strategic planning across a diverse range of industries, including:

  • Small to medium-sized businesses ($0 to $25,000,000 in gross revenue)

  • Hair Salons (Hair Stylist, Salon Owners)

  • Construction (General Contractors, house flippers)

  • Farm Property (Schedule F)

  • Rental Real Estate (Single member & Partnerships, Air BnBs)

  • Initial Startups

  • Shipping & Manufacturing

  • Tattoo Shops (Owners and Artists)

  • Contract Workers (1099-NEC) across all industries

  • Professional Services (legal, consulting, marketing)

  • Healthcare (private practices, clinics)

  • Hospitality (restaurants, cafes, hotels)

  • Retail (brick-and-mortar and e-commerce)

  • Non-profit Organizations

  • Automotive (dealerships, repair shops)

  • Technology (software development, IT services)

  • Financial Services (financial advisors, insurance agencies)

  • Education (private schools, tutoring services)

  • Estates & Estate Planning

While we have broad industry expertise, our preferred areas include startups, rental real estate, contract workers in all industries, and farm properties (Schedule F). Our tailored services ensure that your unique needs are met with precision and care.

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