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Streamline Your Finances with Our Expert Accounting Services

Custom Accounting Solutions To Help Your Business Stay Compliant & Financially Strong

At Baker, Chi & Parkey Accountancy Corporation, we offer comprehensive Accounting Services to help businesses manage their finances with ease.

Our services cover every aspect of financial management, from accurate bookkeeping to in-depth financial analysis. We also focus on ensuring your business maintains compliance with regulatory requirements, while maximizing operational efficiency.

Our Business Operations and Documentation services help you establish best practices for financial recordkeeping, ensuring your business remains audit-proof. We’ll guide you in setting up systems to track expenses, document business transactions, and maintain the records needed to meet IRS requirements. This process ensures that your financial records are always compliant and that you’re well-prepared for any future audits or tax reviews.

Whether you need help with bookkeeping, financial reporting, or cash flow analysis, our team provides the insights and support you need to make informed decisions and keep your business on track.

Our Business Accounting Services

Year-Round Tax Planning:

We work with you throughout the year to identify opportunities for tax savings and ensure compliance with tax laws. Our proactive approach ensures that you’re maximizing deductions, managing tax liabilities, and avoiding any surprises during tax season.

Comprehensive Tax Preparation:

Our team prepares your tax returns with precision and attention to detail, ensuring compliance with federal and state regulations. We handle all types of business tax returns, including partnerships (Form 1065) and other entities, to ensure timely and accurate filing.

Tax Compliance & Reporting:

We help your business meet all tax filing requirements, minimizing the risk of penalties and ensuring that all documentation is submitted on time. From estimated payment schedules to tax projections, we ensure that every aspect of your business’s tax obligations is covered.

Tax Strategy Advisory:

Receive ongoing advice on how to optimize your tax position. We help you make the most of available deductions, credits, and incentives, ensuring that your tax strategy aligns with your business’s growth and financial objectives.

Who We Serve

We provide Tax Planning & Preparation services for a wide range of clients, ensuring that businesses of all sizes and types are prepared for tax season.

  • Business Owners: Develop long-term tax strategies that reduce liabilities and ensure compliance with federal and state tax regulations.

  • Entrepreneurs: Receive expert guidance on tax issues that arise when starting a new business. We help you navigate the complexities of entity formation and tax compliance.

  • Partnerships: Ensure compliance with Form 1065 U.S. Return of Partnership Income and state filing requirements, with our detailed partnership tax preparation services.

  • High-Net-Worth Individuals: Preserve wealth and minimize tax burdens through comprehensive tax planning that takes into account complex income streams and financial goals.

FAQs

  • Tax planning is a year-round process where we proactively manage your tax obligations to reduce liabilities. Tax preparation is the process of filing your annual returns based on the strategies implemented during the year.

  • Yes, through effective tax planning, we can help you minimize your tax burden, maximize deductions, and take advantage of credits and incentives. Our team works year-round to ensure you’re optimizing every opportunity to save.

  • We stay up to date on the latest federal and state tax laws and ensure all filings are accurate and compliant, helping you avoid penalties. For partnerships, we provide full support in preparing and filing Form 1065 and relevant state returns.

Ready for accounting services that propel your business?

Take your accounting needs to the next level!