Personal & Business Accounting Services
Proudly Serving Livonia, MI & Beyond Since 1985
Accountax, Inc. is a family owned and operated accounting firm in Livonia, MI. For over 30 years, we have provided individuals and businesses throughout the Metro Detroit area with the highest quality tax, accounting, financial, and consulting services. Throughout the years, we have developed a reputation for reliable, valuable, and personalized support and services. It is our goal and mission to develop long lasting, beneficial relationships with each client.
The wisdom you need, the service you deserve.
Personal Tax Preparation
When you choose Accountax Inc. to file your individual tax returns, you can trust we will work efficiently and effectively. Our team works to be an advocate for every client.
We are happy to answer any questions you have about the process and educate you on any upcoming changes. In addition, we will take the time to learn about the nuances of your personal tax situation to assure that you receiving all the benefits that you are eligible for.
Business Tax Preparation
Today’s tax laws are complicated and ever changing from year to year. For any business owner, this can make filing the simplest of returns into a confusing endeavor.
Our team stays current on the latest updates to state and federal tax laws and codes. We prepare tax returns for all types of businesses including sole proprietors, partnerships, limited liability companies and corporations. We can also handle multi-state taxes for businesses with locations/employees in more than one state. If you are struggling with preparing your tax returns, you can count on us to help you successfully navigate the complex world of tax preparations.
It doesn’t matter if you are managing your personal finances or managing a business, maintaining accurate, well-organized financial records is important for your financial success and security.
Our CPA provides comprehensive bookkeeping/accounting services and will help you keep track of your financial transactions. We want to help your business run smoothly and efficiently. We’ll keep your books organized and accurate, deliver useful financial reports, and implement tax planning strategies to minimize your tax burden.
Each month or quarter we’ll do the following things for you…
• Reconcile your bank account
• Generate an income statement
• Generate a balance sheet
• Clean up your general ledger
• Provide unlimited consultations
These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.
Payroll management can be a difficult process for many business owners. Our firm understands the many regulations and laws governing payroll management and can help you manage this essential process for your business.
Our mission is to help you prepare and maintain your payroll so your business stays on track. Below please find some of the services that we offer:
• Weekly, bi-weekly or monthly payroll processing
• Direct deposits
• Federal and State payroll tax filings
• Comprehensive payroll reporting
• Worker’s compensation audits
• Weekly or monthly accounting summaries
• Preparation of W-2s and W-3s
• Preparation of 1099s
Starting a new business is exciting, but it is imperative to meet with a financial professional to ensure you choose the right entity to fit you and your company’s current and long term needs.
By selecting the wrong structure when forming your business, a significant portion of your profits could be lost to taxes. We will advise you on the different forms of ownership and the related tax implications.
Business Planning & Consultations
A critical part of growing your business is tax and business planning. We will evaluate your current tax and financial situation and help you identify your current strengths and weaknesses.
Whether you are looking to sell your business, obtain financing for future projects, or just want a consultation to evaluate the financial health of your company, we are here and ready to help. Together, we will develop a plan to help you create a secure and strong financial future for yourself, your business and its employees.
Medicare Cost Report for Home Health Care & Hospice Companies
Preparing a Medicare cost report can be a time-consuming, complex endeavor, as the legal requirements are always changing.
We have the skill and experience to help you successfully file these reports. Our goal is to make the process as efficient, accurate, and cost-effective as possible. In addition, we want to help you achieve peace of mind knowing your cost report is filed correctly as they are a vital part of owning a Home Health Care or Hospice business.
IRS / State Representation
Professional representation can be essential during an audit, and our experience with taxing authorities allows us to guide our clients during what could be a stressful time.
If you have been chosen for an audit, the professional representation you can find with our firm can comfort many of the worries you may have. We are ready and willing to answer any and all questions the IRS or State may be asking of you. We can also represent you in matters of installment agreements, penalty abatement, filing old tax returns, IRS/ state audits, offer in compromise, tax liens and payroll tax representation.
QuickBooks Accounting Help and Assistance
QuickBooks accounting software is perfect for small businesses because it allows you to manage all your financial information in one convenient place.
We can help with everything from choosing the appropriate version, installation of the software, company setup, training, operations/ software support and review/ clean-up of the company data. Our QuickBooks review service helps clients that have the human resources to perform daily accounting and payroll tasks, but need an accounting/payroll expert to review your transactions, reconcile bank accounts and fill in any other gaps. This review ensures that the data that you are pulling from your software is accurate. We also inform you of any corrections, adjustments or reclassifications necessary and bring to your attention any fluctuations or necessary actions. Reviews may be done at any duration, but monthly reviews provide you with the most up-to-date information and feedback about your business.