wkay@williamkay.com
 
Accounting Services

Accounting

  • Business Start Ups
  • General Accounting
  • Financial Statements
  • QuickBooks Consulting
  • Client Accounting Software

Taxation

  • Tax Return Preparation
  • Tax Advice
  • Electronic Filing
  • IRS Inquires
  • Tax Projections

We specialize in a full range of accounting and tax services to meet the specific needs of individuals and small businesses.

Information and Accounting

  • Implement bookkeeping software compatible with each client's needs and comfort
  • Set up an accounting system that generates accurate financial data
  • Extract meaningful information from data generated

Tax Compliance, Preparation and Consulting

Annual income tax preparation

  • We pay close attention to the big picture and small details of every item of income and allowable deduction in preparing each tax return, business as well as individual
  • Clients appreciate the time we take to sit down and explain, in understandable terms, how amounts are derived and annual fluctuations in taxable income and tax liabilities
  • We offer electronic filing for Federal and State filings to speed refunds to you

Income Tax Projections

  • Computation of taxable income and income tax liabilities given different scenarios
  • Calculation of change of residence or circumstances

Periodic sales and payroll tax preparation

  • As part of our periodic accounting services, we are available to calculate payroll deductions and payroll tax remittances
  • We can prepare monthly, quarterly and annual payroll reports and filings

Representation Before Taxing Authorities

Should the Internal Revenue Service or other taxing authority initiate an Inquiry or Audit, we have the expertise and experience to represent you. Our services include:

  • Tax return Audits by Federal and State taxing authorities
  • Offers in Compromise
  • Closing Agreements
  • Employment tax audits
  • Employee/Independent Contractor audits
  • Nonfilers
  • Underpayment of tax liabilities
  • Responding to inquiries from mismatch of information returns