Tax Accountant Houston

If you are looking for a tax accountant Houston specialist to take care of your taxes, you have come to the right place.  Our tax accountants operate in a different way to a generally accepted accounting principles (GAAP) accountant, who will oversee a client’s financial statements, and refers to a common set of accounting principles, standards, and procedures as issued by the Financial Accounting Standards Board (FASB). This is part of what makes Accountant Houston the best tax accountant Houston has!

Although Tax accounting is a sector of accounting, it primarily focuses on taxes instead of public financial statements and is governed by the Internal Revenue Code, which determines the particular rules and regulations that companies and individuals must abide by when preparing and submitting their tax returns.

Tax accountants will also update you of any changes in the tax laws that will affect you and explain the implications of those adjustments to your individual circumstances.

Tax Accountant in Houston

Individuals use Tax accountants to concentrate on income, qualifying deductions, donations, and any investment gains or losses incurred. Although individuals do not legally require a tax accountant to submit their taxes on their behalf, they will gain valuable advice and information by investing in their services. Hiring a Tax accountant can lead to an increase in income, by saving you time and effort, they can also be a great source of information when it comes to tax allowances and other benefits that you may be unaware of, so you can minimise your overall tax obligations. This is part of what makes Accountant Houston the best tax accountant Houston has!

A non-profit organisation will also benefit from hiring a tax accountant to certify their annual tax return statement will be accurately completed. With any incoming funds, such as grants or donations, including how the funds are used during the organization’s operation are filed appropriately.   Maintaining their taxes in this way will ensure they are adhering to the laws and regulations that govern the proper operation of this type of entity, and to ensure they can maintain their tax-exempt status.

From a business perspective, tax accounting is more complicated, with more time and examination on how money is spent and what is or is not taxable income is invested, so that the business is protected from a higher tax rate and that all relief that is available to them has been claimed. This is part of what makes Accountant Houston the best tax accountant Houston has!

Working with a tax accountant Houston firm

Working with a tax accountant to access a range of services to public and private companies, corporations, non-profit organisations, government agencies, and private individuals will help you stay within the tax laws and prevent you from being fined or penalised by the government.

Our Tax accountants begin by working with our clients to get a clear understanding of their overall financial position as they prepare their tax return documentation. Tax accountants evaluate all appropriate financial statements to make sure they are brought into line with all the relevant tax laws and regulations, ensuring they provide the most accurate view of a client’s financial situation. This is part of what makes Accountant Houston the best tax accountant Houston has!

Houston Tax Accountant

As your financial data is kept on file, a tax accountant can be a useful resource, which you can access anytime you need to reference your documentation, helping you to stay organised and focused on the task in hand.

Filing your tax return

We can also help you file your tax return documents ensuring that your taxes and documentation are up to date, properly submitted and are within government regulations, to make sure you do not incur any penalties for missed deadlines. You will be notified if you are due a refund or owe any money.  Our tax accountant can also help to safeguard you from having to pay more taxes than you need to. This is part of what makes Accountant Houston the best tax accountant Houston has!

Our tax accountants will utilise their knowledge and skills to mediate with the Government on your behalf, to determine a tax plan to defer, reduce, or eliminate tax payments, and also set up audits with the tax authorities, even if you are facing financial difficulties and will actively listen to any anxieties or fears that you may have.

All our tax accountants are regulated by the Internal Revenue Code, which defines specific tax laws that both tax accountants and their clients, must adhere to and are best positioned to interpret tax laws.

Budgeting

If you think a tax accountant is expensive, think again, our tax accountants can provide you a with a viable financial plan, offering you valuable advice that will actually save you both time and money, when it comes to filing your end of year tax return. Furthermore, our tax accountants can help you organise your current financial personal or business status by sitting down with you and building a realistic budgeting plan that you can stick to. This is part of what makes Accountant Houston the best tax accountant Houston has!

In addition, our tax accountants will help you to map out your financial objectives for the forthcoming tax year, helping you to stay on track and reach your financial goals.  Monitoring your money in this way can result in a reduction in your spending and provide a huge boost to your income! If you are looking for a great CPA Houston for assistance, contact us today.

Software

Our tax accountants strongly advise business owners to invest in a cloud-based accounting software such as the current market leaders; Sage Accounting, QuickBooks Online, Xero and Zoho books.  You can share your online account with your tax accountant, so you can both log in and view your up-to-date financial records and statements. This provides you both with a common place through which you can communicate your financial status. This is part of what makes Accountant Houston the best tax accountant Houston has!

For example, if you need to discuss your profit and loss report or have a question about hiring an extra member of staff, or buying operational equipment, you can utilise the figures shown in your accounting software as a starting point for discussion.

All cloud-based accounting software, allow you to perform basic accounting tasks such as raising invoices, tracking company expenses, keeping track of your sales, and filing VAT returns in a timely manner.

We work with all these tax accounting software solutions which help us to audit your books for errors and prepare your end of year tax return, while you maintain full disclosure over your business accounts that are stored in one easily accessible place. This is part of what makes Accountant Houston the best tax accountant Houston has!