Our Services
Professional Tax and Bookkeeping & Accounting Change Is Tough But We Are Here For You:
Aqeel Ahmed, FCMA, FPFA
Director
We take the time to understand the unique needs and goals of each business, and work closely with our clients to develop customized tax strategies that help them save money and stay compliant. We specialize in the complex and ever-evolving field of taxation. With a keen understanding of tax laws and regulations, our team members are dedicated to helping clients navigate the intricacies of taxation, minimize liabilities, and optimize their financial strategies.
Minhaj Turab, ACCA
Director
Every financial decision has a tax implication. Whether you are a corporation or an individual, we can assist you with the tax planning of your business or your personal finance. The primary scope of tax planning is to look for opportunities to save taxes, so your overall tax liability is reduced to the maximum extent possible
The following is the wide variety of services we offer
Tax Compliance
We assist in preparation of all tax returns, tax planning, advice & guidance, filling out forms such as 1040, 1065, 1120, 1120S may be a complicated affair that requires considerable knowledge of the federal tax system. This is because one mistake may lead to a series of events that seemingly spin out of control. By having the right small business tax preparation specialist, you may avoid such issues in the first place.
Book Keeping & Accounting
Let the Tax Pro Solutions LLC do your monthly bookkeeping at a fraction of the cost of a full-fledged accounts department. When it comes to complex issues, rely on us, we provide online, remote and virtual accounting and bookkeeping services. We also perform other significant accounting functions, such as accounts payable/receivable and general ledger accounting, bank reconciliations and financial analysis.
We use Quick Books by Intuit to help manage income and expenses and track the financial position and to provide business owners with a convenient remote access option. We also have expertise on Zoho Books that is a comprehensive cloud accounting software that helps businesses to manage their core accounting, track stock, reconcile bank statements, and manage projects while staying tax compliant.
Tax Advisory
Our role as tax consultant is complex, requiring a deep understanding of tax laws and strong analytical skills. By staying informed about changes in tax legislation, we play a crucial role in helping individuals and businesses navigate the intricate world of taxes. Whether its tax season or planning for the future, we can make a significant difference in achieving financial goals and ensuring compliance with tax regulations
Tax Planning
Every financial decision has a tax implication. Whether you are a corporation or an individual, we can assist you with the tax planning of your business or your personal finance. The primary scope of tax planning is to look for opportunities to save taxes, so your overall tax liability is reduced to the maximum extent possible
Tax Due Diligence
Do you want to check how well your Company or you yourself have complied with the prevailing tax laws and regulations on a given period? We can perform a tax diagnostic work (due diligence) on your account, which includes complex analysis of the degree of your compliance with the prevailing IRS Code for the given tax period, to check whether there are any tax risks or tax still payable that you need to be aware of.
Tax Estimate
As a tax payer, you must figure your expected adjusted gross income, taxable income, taxes deductions, and credits for the year. Estimated tax is a quarterly payment of taxes mostly by medium sized businessmen who do not have taxes automatically withheld from their income. Our team is capable to figure your estimated tax for the current year based on your income, deductions and credits for the prior year.
Tax Penalties
The IRS may impose a penalty when you do not file your tax return on time or failure to deposit the tax in the correct amount, within the prescribed time and in the required manner. We will review your specific tax situation to determine which payments option are available to you such as full payment, short term payment plan (Offer in Compromise) or a long term payment plan (Instalment Agreement).
Tax Debt Solutions
We will work with you to develop a personalised plan to resolve your tax debt and get you back on track.
Corporate Social Responsibility
We believe that to build a successful company we must contribute back to our community in hopes of making it a successful environment for others. By making financial donations to registered charities that provide food and shelter to the needy, we hope to fulfil our obligation towards those that Allah Subhana wa Ta’ala tests by financial hardship. Giving back will always be a vital cornerstone of our business.