Do You Need a New Tax Advisor in Las Vegas Valley? Recognize These Red Flags

tax advisor las vegas valley

Your professional relationship with your tax advisor is one of the most valuable you’ll have as a business owner. You count on their guidance so you can concentrate on making the business decisions necessary to keep your company running well. But when that guidance no longer suits your needs, it’s time to find a new one. That may feel like a tough call, but here are three red flags to be aware of.

Your Advisor Doesn’t Have Time for You

You’re just as important a client as any others that your advisor has, regardless of the size of your company. When your advisor no longer returns calls promptly or makes you feel rushed when you ask questions, it may be time to switch and find a tax pro who’s more professional.

You’ve Been Alerted to Errors by the IRS

You work with a tax pro to preserve your wealth and your company’s assets according to accepted accounting practices and current tax requirements. When you get a letter from the IRS or a similar state agency that alerts you to an error and penalties, this could be a sign your advisor is no longer at the top of their game. 

Your Business Goals Have Changed

Whether you’re pondering an expansion of your business or exploring succession planning, your new tax expert should be able to advise you on the tax implications of these specific decisions. If your tax pro can’t adapt with you and your needs, it’s time to consider changing consultants. 

Do You Need a Skilled and Insightful Tax Advisor in Las Vegas Valley?

S.J. Meyer & Co. delivers superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes, S corp tax planning and more. Contact us today to see if our tax advisor services are right for your company.

Highly Recommended Tax Advisor for Las Vegas Valley Businesses

Serving Las Vegas Valley, Summerlin & Henderson

Posted on September 30, 2022 | Published by Ignite Local | Related Local Business

How to Find a Good Tax Planner Serving Las Vegas Valley Businesses

tax planner las vegas valley

No matter what industry your business is in, chances are good that you’re leaving money on the table when it comes to tax time. A professional tax planner offers the kind of specialized service that helps you better manage your tax obligations and capture all of the deductions and deferrals you’re entitled to under the law. If you’re interested in hiring a tax professional, here’s how to find a good one.

Reputation

A tax professional’s reputation is perhaps the best recommendation. Ask around among your colleagues and industry networks for referrals. Or, when interviewing candidates on your own, ask for a list of references, and then follow up with those clients to see what they say about the services they received.

Credentials

Seek out tax and accounting experts with the right kind of education and background for your needs. Ask about continuing education too, to be assured that your financial expert is on top of any changes in the tax code that are relevant to your business.

Experience

A tax expert that’s already worked with companies like yours for years has likely seen it all. You’ll gain the benefit of experience that’s as wide as it is deep, and chances are good your tax professional will also be a creative thinker, effective problem solver and clear communicator–all of which are important qualities when you’re trusting someone with your business’s finances.

Ready to Call a Professional Tax Planner Serving Las Vegas Valley?

S.J. Meyer & Co. delivers superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes, S corp tax planning and more. Contact us today to see if our tax planner services are right for your company.

Astute Tax Planner To Save More of Your Las Vegas Valley Company Profits

Serving Las Vegas Valley, Summerlin & Henderson

Posted on August 31, 2022 | Published by Ignite Local | Related Local Business

Advantages of QuickBooks for Small Business Owners in Las Vegas Valley

QuickBooks for Small Business las vegas valley

When you’re running a business, you need a reliable way to handle your company’s financial transactions. If you’ve been considering the adoption of QuickBooks, it could be the smartest decision you make. Here are just some of the benefits of QuickBooks for small business operations.

Streamline Your Record Keeping

QuickBooks offers you a single solution for all of your recordkeeping. Use it for all of your accounts receivable and accounts payable functions, including the ability to receive electronic or credit card payments. The online version of the software adds the protection of cloud service functionality, plus smartphone access, and no worries about local updates to your computer.

Improve Your Decision-Making

When you have all of your company’s financial data in a single place, you can readily generate standard reports like profit and loss statements, balance sheets and cash flow reports for greater insight into your company’s strengths and weaknesses. These easy-to-run reports also help you better identify and track important financial trends.

Help Your Accountant Help You

Your business accountant is a valuable resource for tax planning, succession planning and similar financial forecasting. When you provide all of your important business records through QuickBooks, it allows your tax pro to better assist you. The software organizes your documents so data can be pulled and analyzed reliably.

Ready to See How QuickBooks for Small Business Owners Can Help Your Las Vegas Valley Company?

S.J. Meyer & Co. delivers superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as QuickBooks consulting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes, S corp tax planning and more. Contact us today for professional help with QuickBooks for small business use.

Get Expert Assistance in Las Vegas Valley with QuickBooks for Small Business Owners

Serving Las Vegas Valley, Summerlin & Henderson

Posted on July 31, 2022 | Published by Ignite Local | Related Local Business

See Why Business Tax Planning for Henderson Companies Makes Good Sense

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Whether your company is a sole proprietorship, an LLC or fully incorporated, business tax planning has multiple benefits when it’s done right. You take great care with the products and services you provide, and you work hard to ensure key business needs such as insurance are taken care of. So why not give that same level of care to your taxes? Here’s why it’s so important.

Avoid Costly Errors

Even the most experienced business owner can sometimes make mistakes when it comes to preparing and filing taxes. The tax code is notoriously difficult to navigate, and working with a professional tax planner reduces the risk of mistakes that cost you big bucks in penalties and fines. 

Maximize Your Profits

When you work with a tax preparation expert, you can be assured of paying the appropriate amount of tax due, and no more. Tax planning strategies take into account your assets, obligations, revenue, operating costs and other factors to help you keep more of your money for your business.

Prepare for Your Business Goals

If you’re like most business owners, you have a long-term dream for your company, such as expansion to another location, offering franchises or spinning off a subsidiary. Tax planning is one tool you can use to help position your company and secure the resources you need to make your dreams come true. 

Do You Need Business Tax Planning Help Near Summerlin?

S.J. Meyer & Co. delivers superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes, S corp tax planning and more. Contact us today for prompt and reliable assistance with business tax planning.

Professional Business Tax Planning Services for Summerlin Companies of All Sizes

Serving Las Vegas Valley, Summerlin & Henderson

Posted on June 30, 2022 | Published by Ignite Local | Related Local Business

Do You Know These S Corp Tax Planning Benefits for Las Vegas Area Businesses?

s corp tax planning

Thinking about designating your business as an S corp? Learning more about the ways that operating your business this way can help you keep more of your money when it’s time to file your taxes. Here are some things to consider about S corp tax planning before talking to an experienced accountant to make the most of your tax strategies. 

The Value of Distributions Over Only Taking a Salary

With an S corp, some of the money that a company earns may be designated as distributions to the business owner as if they were a shareholder in the company. When this happens, it has the effect of reducing your income to what’s considered a “reasonable salary” and leaving you personally with a lower tax burden.

No Federal Corporate Income Tax

Because of the way an S corp is structured, there is no federal corporate income tax levied against the company. This only applies to federal taxes, though; states may (and several do) still tax an S corp just like a C corp, so your tax savings may vary.

Avoid Double Taxation

An S corp is what’s described as a pass-through entity, meaning that corporate gains and losses are “passed through” to the shareholders, with certain exceptions. That money is only taxed once, at the personal level, instead of at the corporate level and at the shareholders’ personal level.

Interested in More S Corp Tax Planning Benefits for Las Vegas Businesses?

S.J. Meyer & Co. serves clients with superior accounting and auditing, tax planning and preparation, and business set-up and planning services, as well as Quickbooks consulting. Our team of top-rated financial professionals has earned a stellar reputation for attentive service and dedication to our clients’ needs. We welcome your questions about wealth management, estate planning, business taxes, S corp tax planning and more. Contact us today for prompt and reliable assistance.

Trusted S Corp Tax Planning Services for Las Vegas Companies

Serving Las Vegas Valley, Summerlin & Henderson

Posted on May 31, 2022 | Published by Ignite Local | Related Local Business

Smart Tax Planning Tips for Las Vegas Valley

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Paying taxes isn’t usually something that most people look forward to, which is why it can be a challenge to spend time thinking about them before you absolutely have to. But simple tax planning tips that you start using today can really pay off when your tax bill is due. Check out this expert advice on easy ways to get started.

It’s Never Too Early or Too Late to Start

By making contributions to certain accounts, such as retirement accounts or some kinds of investment accounts, you can reduce your taxable income by deferring it to a future time. Making regular deposits is best, but even a last-minute deposit before the annual deadline counts, so keep this in mind as you consider the tax benefits of deferred income.

Keep Good Records

Preparing taxes is stressful, and it can feel even more intense if you’re anxious about missing forms and data. If you commit to holding and organizing the records you need for tax prep throughout the year, it will be easier to not only put together your tax return but also ensure that you get all of the deductions and credits you may be eligible for. 

Work with a Skilled Accountant

An accountant can help you develop a reasonable estimate of what you’ll owe and work with you on ways to reduce that tax liability through deferrals, deductions and other strategic money moves. You’ll also have someone in your corner if you need to find a way to pay more taxes than you expect; your accountant can help you decide what your best options are based on your available assets.

Want More Tax Planning Tips and Personalized Advice in Las Vegas Valley?

S.J. Meyer & Co. serves clients with impeccable accounting and auditing, tax planning and preparation, and business set-up and planning assistance, as well as Quickbooks consulting. As highly rated financial professionals with a long-standing reputation for attentive service and dedication to our clients’ needs, we welcome your questions about wealth management, estate planning, business taxes, tax planning tips and more. Contact us today for reliable help you can count on.

Individualized Tax Planning Tips from Experts Serving Las Vegas Valley

Serving Las Vegas Valley, Summerlin & Henderson

Posted on April 30, 2022 | Published by Ignite Local | Related Local Business

Why Hire An Estate Planning Professional Serving Las Vegas Valley?

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No one wants to think about a day when they’re no longer here for their family. However, estate planning allows you to do things now that provide for them later. There are multiple factors to consider, especially when it comes to tax concerns, and each of them can ultimately decrease the value of the assets you leave behind. Learn how working with qualified experts is so valuable.

Preserve Your Wealth

Your wealth may change over time as you think about retiring, your children grow and have families of their own, or your marital status changes. Expert planning reduces later financial obligations through trusts and other financial instruments to help your family keep more of your money after your death. 

Protect Your Assets

A skilled financial planner advises you on savings and tax planning strategies to maximize the value of your accounts. You’ll also ensure your family’s peace of mind because your paperwork will be completed and filed accurately to avoid any possible future penalties or fines. 

Avoid Costly Disputes or Delays

With careful planning, your family has cash as needed to pay for your funeral expenses and everyday living expenses until life insurance claims are settled. Your planner will also assist you in designating assets for your family’s long-term needs, such as college costs for your children or grandchildren. Working with an expert, you can make sure everything is ready and straightforward to minimize stress for your family. 

Are You Ready to Begin Estate Planning in the Las Vegas Valley?

S.J. Meyer & Co. serves clients with impeccable accounting and auditing, tax planning and preparation, and business set-up and planning assistance, as well as Quickbooks consulting. As highly rated financial professionals with a long-standing reputation for attentive service and dedication to our clients’ needs, we welcome your questions about wealth management, estate planning, business taxes and more. Contact us today for reliable help you can count on. 

Estate Planning Experts Serving Las Vegas Valley with Distinction

Serving Las Vegas Valley, Summerlin & Henderson

Posted on March 30, 2022 | Published by Ignite Local | Related Local Business

How to Use Tax Planning for Wealth Management in Las Vegas

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You count on the money you’ve earned and saved to provide for your needs when you retire, empower you to pursue your passions, and take care of your family after you’re gone. That’s why you need expert assistance with wealth management. While there are several strategies that may be used to achieve your goals, one of the most important is smart tax planning.

Reduce Your Tax Liability

Tax planning looks at all of the deductions and credits that are appropriate to your needs and leaves none of them on the table. As tax laws change over the years, you’ll want to reassess these yearly. Make sure you’re still eligible for the ones you’ve claimed before, and explore new deductions and credits you may be permitted.

Lower Your Taxable Income

By making the best use of pre-tax dollars–such as putting money into your retirement accounts–you may pay a lower tax rate. Decisions like these have the added benefit of improving your financial outlook upon retirement. 

Talk to Tax Planning Experts

By working with a tax professional, you can be assured of getting the most up-to-date advice and guidance from someone who knows what they’re talking about. Regular assessment of your tax planning efforts is the best way to make sure those strategies are still working for you even as your income, deductions, and goals may change.

Ready to See How Tax Planning Can Improve Your Wealth Management in Las Vegas?

S.J. Meyer & Co. is pleased to offer tax planning and wealth management services based on our decades of experience and insight into tax laws, including recent changes. Our clients enjoy trusted assistance with accounting and auditing, tax planning and preparation, and business set-up and planning. We also offer Quickbooks consulting to our clients who are unfamiliar or not confident in using this software themselves. When you need answers about wealth management, your tax expert is a great first stop, so contact us today.

Take Charge of Your Wealth Management in Las Vegas

Serving Las Vegas Valley, Summerlin & Henderson

Posted on March 4, 2022 | Published by Ignite Local | Related Local Business

Tax Auditing in Henderson – Your Questions Answered

Tax auditing Henderson

If you’re like most people, the idea of getting audited by a state or federal tax agency is extremely stressful. You might feel very vulnerable and unsure of what your risk level is. Hiring a professional accountant for tax auditing help can ease your fears and allow you to feel confident about the financial returns you provide to the state and federal governments. If you’ve never paid for this kind of tax service before, here’s what you need to know.

What Is a Tax Audit?

When an audit is performed on your tax returns, an accounting professional reviews your documents to ensure you’ve been assessed the appropriate taxes and paid them in full. Among the things your accountant will examine are your deductions.

Why Do You Need One?

An audit identifies areas of concern so you can address them before they are flagged as a problem. You may avoid penalties and fines, and in extreme cases, the potential for criminal charges if deliberate deception is alleged. An audit also verifies the accuracy of your own record-keeping for precise business planning.

Who Do You Call for This Service?

Count on a skilled accountant with sufficient experience to do the job thoroughly and accurately. A CPA (certified public accountant) who specializes in audits has a good understanding of what tax agencies are looking for and can also answer all your questions fully.

Would You Benefit from Expert Tax Auditing Services Near Henderson?

J. Meyer & Company has the experience you need for accounting and auditing work. As a highly rated firm that’s served our community for decades, we are proud to offer tax planning and preparation, business set-up and planning, and Quickbooks consulting, too. If you may be at risk of being audited, don’t leave your case open to luck. Contact us for tax auditing so you can gain real peace of mind when it comes to your financial returns.

Trusted Tax Auditing Help for Henderson Area Clients

Serving Las Vegas Valley, Summerlin & Henderson

Posted on February 1, 2022 | Published by Ignite Local | Related Local Business

Maximize Wealth Preservation by Hiring an Accountant Near Summerlin

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Whether you’ve accumulated your financial resources as a hardworking individual or through dedication to your own business, you’re probably interested in safeguarding your assets. Turning to an accountant for professional wealth preservation is one of the most reliable ways to ensure you have what you need to support today’s goals and tomorrow’s dreams. Learn how an accountant can help.

Enjoy Pro-Active Tax Planning

Your accountant works with you to ensure your tax obligations are met without penalty while maximizing your savings. Tax laws change frequently, and mistakes are costly, so having someone you can count on who knows the details of state and federal tax codes is important.

Get Wise Advice for Business Planning

When you’re setting up your company or it’s grown to the point where mergers or acquisitions may be on the table, understanding the short- and long-term implications of your decision-making can make or break your business. Talking to your accountant helps identify goals and risks you might not have considered.

Financial Analysis You Can Count On

A big-picture view of your accounts in total helps you get an objective view of your financial health. A knowledgeable accountant helps clients with deep financial analysis that includes your balances, interest rates and more. You’ll better understand your potential for wealth accumulation through investments and minimize financial risks. 

Gain Peace of Mind Through Wealth Preservation in the Summerlin Area

J. Meyer & Company has the years of expertise you want in an accountant who can support your financial goals. For more than 30 years, the company has provided the highest standards of service to individual clients and business clients through accounting, auditing, tax planning and business planning. If you want to ensure wealth preservation for long-term comfort, contact us for prompt and trustworthy assistance.

Expert Accounting Assistance for Wealth Preservation Near Summerlin

Serving Las Vegas Valley, Summerlin & Henderson

Posted on January 4, 2021 | Published by Ignite Local | Related Local Business