Celestino Lopez, EA
C LOPEZ & ASSOCIATES, INC.
342 Lawrence Street, Lawrence, MA 01841 US
There are a number of legal structures or legal forms under which a business can operate.....
These basic structures have important legal and tax variants. Choosing the initial legal structures for your business is one of the most important decisions you'll make when starting a business. Often, business owners start with the simplest, least expensive legal form, then move on to a more complicated business structure as their businesses grow. Other business people pick the legal structure they like best from the start, and let their businesses grow into it. Although you can change your legal structure and tax structure from one form to another during the life of your business, there are tax consequences that you should take into account when you change your business entity, with that in mind, we'll help you make that decision as carefully as possible.
TAX PLANNING & PREPARATION:
There's one distinguishing factor between tax planning and tax preparation: December 31st.....
Because of changes in the economy and tax regulations every year, tax planning is essential for the success of your business. Tax planning must occur before the end of the year, while tax preparation can only take place after the year's end. Although we can't promise to eliminate taxes, our tax planning and preparation services will help you minimize them.
Whether you are starting a new business, or have been in one for a long time,C.LOPEZ & ASSOCIATES can help you "step by step" achieve your goals. We will work together to develop a strategy, review income and expense reports and prepare your monthly, quarterly, and annual income tax filing for your business. Together, throughout the year, we will discuss various tax strategies that could potentially save you thousands of dollars. This will enable you to make all the necessary adjustments before the end of the year so that you have some control over how much you pay in taxes. Then, after year's end and with your help, we will see that your taxes are professionally prepared in a timely fashion in order to avoid late fees.
Entrusting us with your business...
Will allow you to spend more time working to increase profits, while we devote ourselves to organizing your finances. We will:
Managing your business payroll......
Let us manage your payroll. We will prepare paychecks and employees earning statements complete with current pay period and year-to-date wages, taxes, and adjustments. We will process notifications of tax liabilities and deposits for federal and state requirements, and prepare your W-2's and 1099's reporting documents.