TaxBiz & Books offers the following tax and bookkeeping services to both businesses and individuals:
Bookkeeping Services
We offer a full range of bookkeeping services that are designed to help streamline operations for your business, household and personal finances.
Which Bookkeeping Software Should You Use?
If you haven’t yet decided on a software version, TaxBiz & Books will work with you to evaluate your bookkeeping needs to determine the best version of QuickBooks to use if you are self-employed, you own a small business or are running a personal household.
QuickBooks Setup
Setting up QuickBooks properly ensures you get the most out of your bookkeeping software. Our staff can help you install software, determine which accounts to import, map accounts, create templates and more.
QuickBooks Training
We will help train you or your staff on how to use QuickBooks and all of its features. We offer on-site training so you or your in-house bookkeeper or household managers can handle all of your day-to-day operating needs.
Ongoing QuickBooks Support
Whether you need one-time advice or ongoing support for questions and troubleshooting, TaxBiz & Books can assist you. Many of our clients prefer our ongoing support and the comfort of knowing we are only a phone call away. We also offer periodic review and analysis of QuickBooks data/files.
QuickBooks™ Support Services
At TaxBiz & Books, we can help you get the most out of your QuickBooks software. Whether you’re still in the research phase and need to know which version of QuickBooks is right for you or already have existing data that needs cleaning up – TaxBiz & Books can help. We have the knowledge and experience you need when setting up QuickBooks, training staff, processing payroll, bill payments and more for your business or for your personal and household accounts. If you’re thinking of incorporating QuickBooks into your business or personal finances, need data cleanup assistance, or training for in-house bookkeepers or household managers, call TaxBiz & Books today.
Typically, our clients come to us looking for one of three things:
- Setting up a new business or household in QuickBooks
- File review/cleanup of existing QuickBooks data
- One-on-one training to learn how to use QuickBooks more efficiently
Tax Services
TaxBiz & Books, provides tax services to local businesses and individuals throughout NJ & NY, and online tax services using e-mail, mail and telephone from anywhere in the continental United States and Puerto Rico. For businesses, we provide a multitude of services designed to minimize your company’s tax liabilities and maximize profits. Our typical business tax services include strategic year-round tax planning, IRS assistance, and annual tax return preparation. For our individual clients, we also provide IRS tax help, tax planning and income tax preparation services. If you need help with your taxes, call TaxBiz & Books.
Tax Planning
TaxBiz & Books, provides tax planning services to both businesses and individuals designed to minimize tax liabilities and maximize after-tax income. Through year-round tax planning, our staff will help you pay the least amount of taxes possible while maintaining compliance with tax laws and regulations. Our firm is dedicated to staying up-to-date on tax codes and ever-changing regulations, making it easier for you to plan tax savings accordingly and keep more of what you earn.
We provide tax planning services to help businesses and individuals with:
- Identifying tax exemptions, deductions and credits
- Minimizing total tax liability on assets and investments
- Preserving wealth and grow investments
- Reducing taxes on retirement benefits
- Deferring income to lower expenses
- “What if Tax Scenarios” for present and future tax years
- Estimated tax liability impact based on Life Events such as: Marriage, Dependents, Divorce, Education, Retirement, Healthcare and Unemployment
Income Tax Preparation Services
Whether you’re preparing personal taxes or business taxes, completing it yourself can be a serious burden and puts you at risk for missed deductions and credits. At TaxBiz & Books, a Registered Tax Return Preparer, we have tax professionals on staff committed to reducing your overall tax liability and maximizing tax deductions. Even the most popular tax software on the market can’t compare to having an experienced tax professional preparing your tax filings. With the ever-changing tax laws, working with a professional ensures that you’re maximizing your tax refund and minimizing taxes paid, legally and accurately.
We provide tax preparation services for:
- Federal Income Tax
- State and Local Income Tax
- ITIN Applications
- Self-Employed Income Tax
- Business Taxes
What do you get with our tax preparation services?
- Confidentiality, Efficiency, Knowledge, Accuracy, and Affordability
- A dedicated tax professional to review and prepare your tax return
- Review of previous tax returns
- Electronic filing (E-file) of your return
- Insightful recommendations on how to reduce your tax liabilities in the future
- Access to IRS assistance in the event of a tax letter, notice or audit
Tax Services for Small Business Owners and Self-Employed
For small business owners, TaxBiz & Books offers specialized services to meet the needs of both your business and personal income tax returns. We’ll review your bookkeeping to reduce the risk of an IRS audit, prepare a full Schedule C for reported business income and file your personal income tax return — all in an effort to minimize tax liabilities and maximize your return. Our staff can also help you establish a reliable bookkeeping system to better organize your finances and to make running your business smoother and tax reporting more efficient.
At TaxBiz & Books, we provide both businesses and individuals with annual tax return preparation services for federal, state and local taxes, including free review of your previous year’s tax return. With us, filing your tax return or receiving a tax refund is made easy with options for free E-file, electronic refund direct deposit or a paper check mailed to your mailing address directly from the IRS and state tax agencies. You can also direct debit your payments for balance due and estimated tax and installment agreement payments to the IRS.
Bank product options get your taxes done with no money upfront. If you qualify, you can have the tax preparation and bank service fees withheld from your tax refund and the balance will be direct deposited to your bank account(s) or a check will be issued for a fee. Services rendered payable by Cash, Check, Credit Card, or Direct Debit.
IRS / State Tax Problem Resolution Services
IRS and state tax problems happen. TaxBiz & Books can help to resolve your tax debt, delinquent tax problems, tax disputes and IRS back taxes. Our tax consultants are fully experienced in providing effective tax solutions and representation for reducing tax debt, negotiating IRS payments and resolving tax disputes. We have years of experience with state and local taxes. With a commitment to finding a fair resolution to your IRS and state tax problems, we can assist with any of the following services below:
IRS Audit Assistance
If you’ve received an IRS or state audit notice, you may be unsure what your options are. TaxBiz & Books can provide the knowledge and guidance needed to help you through the audit process
Back Taxes
TaxBiz & Books will review your options to file back taxes and delinquent tax returns all in an effort to minimize IRS and state penalties and tax debt. Once your back taxes are filed and compliant, we will review your tax settlement options to pay off any outstanding debts.
IRS Liens and Levies
If the IRS currently has a lien or levy on your business or personal property, Tax Biz Books, LLC will help settle your tax debt in an affordable and timely manner to prevent any seizure of assets.
Wage Garnishment
A wage garnishment can have serious implications on your finances and job. We can work on your behalf to reduce or stop IRS wage garnishment altogether. We’ll help you file past tax returns and compile a financial statement so that you can become IRS compliant and put an end to your paycheck deductions.
Tax Settlement Options
Offer in compromise:
Settle tax debt for an amount less than what you currently owe
Installment agreement:
Distribute tax debt across multiple monthly installment payments
Currently not collectible:
Removes your case from the list of active IRS collection efforts
Penalty and interest reduction:
If eligible, the amount of interest and penalties assessed may be reduced
ITIN SERVICES
INDIVIDUAL TAX IDENTIFICATION NUMBER
If you don’t qualify for a Social Security number, but need to file your taxes or earned money in the United States (via cash or check), TaxBiz & Books can help you apply for an Individual Taxpayer Identification Number (also known as an ITIN, PIN, Tax ID or Taxpayer ID) and file any and all pending tax returns.
Why You Need an ITIN if you don’t have a Social Security Number:
- It serves as your identification number for filing your federal and state taxes
- It allows you to get a refund from your income withheld by the IRS, if you qualify
- It allows you to file your taxes and claim dependents you support in the United States, Mexico or Canada
- With an ITIN you may be able to open a bank account or apply for a mortgage loan
Applying for a ITIN number
The Individual Taxpayer Identification Number is an important tool for many people.
The IRS issues individual taxpayer identification numbers (ITINs) to people who need to file taxes, but who do not qualify for social security numbers. The IRS will also issue ITINs to dependents who can be claimed on a tax return, but who do not qualify for social security numbers. But to obtain an ITIN, an application must be filed, along with documents that prove the taxpayer’s citizenship and identity, and a federal income tax return. However, the process can be difficult, but TaxBiz & Books, a Certified Acceptance Agent (CAA), will streamline the application process and here are a few ways we can help.
CAA- Certified Acceptance Agent
Apply for an ITIN and keep your original documents. With this service, you can apply for an ITIN and have our Certified Acceptance Agent verify your supporting original documents in our office. The benefit to you is that you can keep the supporting original documentation, and our CAA will submit notarized copies of these documents, along with your ITIN application and federal income tax returns, to the IRS for you.
Applying for an ITIN for you, your spouse, and your dependents, can be completed when you prepare your federal income tax return with us, at TaxBiz & Books.
Notary Public Services
We offer Notary Public services to individuals and businesses year-round as needed in your home or office. For ITIN applicants, notarized copies of personal identification documents are submitted with the W7- ITIN application and income tax returns.
Multiservice Assistance
TaxBiz & Books, aims to meet the demand for certain services of interest to the taxpayer community beyond just filing taxes.
- Price quotes are based on review of all tax documents presented, and before tax preparation begins
- ITIN Application Certified Acceptance Agent- CAA
- Bank Products Refund Transfer: Direct Deposit or Check
- Direct Debit or Credit Card transactions to make Federal and State Tax Payments
- Customize Financial Calculators for Mortgages, Auto Loans, Retirement Plans
- Calculate present and future tax year “What if Tax Scenario”
- Income Tax Return Estimate
- Filing Past Due Tax Returns (Federal, State and Puerto Rico)
- English/Spanish bilingual services provided in the Taxpayer’s or applicant’s preferred language
Application Assistance
We offer assistance with individual and business applications for federal, state, and municipal licenses and permits, and private, public and financial institutions for mortgages, student financial aid and scholarships.