You may not think of yourself as a business entity, but we believe you are and will advise you accordingly. If you are filing income taxes as a sole proprietor, you may be paying exorbitant amounts of money in self-employment taxes. If you are not paying your estimated taxes quarterly, you are likely to be hit with penalties. It might be time to do a projection of your tax liabilities and begin making quarterly payments. Not doing so may result in getting surprises on your annual taxes. We provide Northern Colorado personal tax preparation as well as full-service tax strategies to set you up for success. We will also review with you the best business entity options to fit your changing business needs and let you know when it is time to make an adjustment to maximize benefits relating to your tax liability. For example, it might be time to establish your business as an S Corporation so that you can pay yourself and your payroll taxes as an independent employer would.
No matter what situation you find yourself in, Northern Colorado personal tax preparation and filing taxes can be scary and stressful – even more so if you have a complicated tax situation. At AuerCPA, we employ accountants, personal tax preparation specialists, an enrolled agent, and have a CPA on site who will work together to create a tax strategy that will allow you to have peace of mind. Ultimately, we want to work with you throughout the year, not just at tax time, so that we can analyze your data and make adjustments where it’s necessary to ensure you are paying only the taxes due – not too much and not too little.
At AuerCPA, we provide compliance services and business strategies so that you can stress less and grow more.