Taxes
- Tax Preparation – Annual compliance for individuals (form 1040s) and their businesses (1065, 1120, 1120S), non-profits (990s), and trusts (1041s)
- Tax Planning – Planning ahead to create tax savings or avoid tax penalties at both the individual and business level. If a taxpayer has new types of income, a new business, or has an increase in income, there are usually considerations in tax withholding, estimated tax payments, and tax savings options and Silverstone Tax Consulting is experienced in helping on those topics.
- Tax Issues – The IRS issues many notices to taxpayers on a variety of subjects. Silverstone Tax can help resolve IRS issues or represent a taxpayer before the IRS.
- Tax Software – Silverstone Tax has worked with professional tax software including CCH ProSystem, CCH Axcess, Intuit’s LaCerte, and CS UltraTax, as well as DIY software including TurboTax, TaxSlayer, and TaxAct.
Business Services
- Accounting – When year-end passes and it’s time to file your taxes, accounting can be difficult for small businesses or those with new entities or tax challenges. Classification considerations, fixed assets, depreciation, and retained earnings can all be confusing subjects to the inexperienced. Silverstone Tax can help tackle these challenges.
- QuickBooks – Silverstone Tax has experience with QuickBooks Desktop and QuickBooks Online. Whether it is converting to QuickBooks Online, monthly reconciliations, journal entries, or closing out year-end, an experienced QuickBooks user can make a small business owner’s accounting responsibilities much easier and more understandable.
- New Business – Thinking of starting that new business you’ve hoped and dreamt of? Silverstone Tax can help with getting your LLC registered with your state, getting an EIN from the IRS, what accounting software or record-keeping to consider, payroll options, and what federal and state tax compliance to consider.