The most daunting question that comes up in both business and personal finance is, “How do I get started?” Business finances can be a difficult and opaque topic, and frequent changing of tax laws plus a lack of education about correct business practices add further difficulties. Incorrectly filing paperwork at any step could put you or your business in a lot of trouble - and there is a lot of paperwork to file.
At Detz & Taxes, we founded our tax and bookkeeping firm to help create transparency around these opaque topics and set local businesses up for success. With our focus on bookkeeping and tax planning, we help our community of Hudson Valley families and small business owners stay on top of their finances and plan for the future. Unlike larger impersonal tax firms, we provide individualized support and advice to meet each business’s unique needs.
Why Hire a Tax Firm for Business Formation Services?
Forming a business today appears to be easier than ever, with seemingly endless information and services available online. Many of these websites, however, are often scams in disguise. The vast amount of information can make it hard to differentiate legitimate advice from a scheme to make you pay unnecessary fees. Online business formation websites are impersonal, slow to provide customer support, and don’t provide you with the individual guidance you need for your specific business.
When you work with tax professionals to form your business, you can be assured that you will be set up to succeed. At Detz & Taxes, we walk you through every step of business formation. We make sure to ask you about your short-term and long-term business plans and goals, so that we correctly identify the type of business you need to form to best suit your needs. Our experience working with a wide variety of businesses gives us an eye for what works best in many different situations.
After initial formation is complete, our support continues - not only to keep your business compliant, but to protect you from scams. You are always welcome to come by with any paperwork you receive that states it is “necessary”, and we will be able to identify its authenticity. In recent years, scams have steadily increased in frequency and look more authentic than ever before, and it gets exhausting to be ever-vigilant or risk being taken advantage of. Let us take a load off your mind by being a second eye on all of your business paperwork.
How to Get Started with a Tax Firm for Your Business
Whether you’re in the early idea stages or have been in business for years, hiring a tax firm will help streamline your business processes and prevent financial problems. The process of meeting with a tax and bookkeeping professional can seem daunting, but at Detz & Taxes, we make it as simple as possible. We start with a consultation to get to know you and learn about your needs in a relaxed environment. This usually lasts around 30 minutes to an hour, and we may request further paperwork to help determine a plan of action for you or your business.
The second meeting is when we typically finish gathering information, formalize a quote and invoice for our scope of services, and get to work. Eighty percent of the time, that’s all we need to get started, and you can continue working on your business knowing our eyes are on your books to set you up for success. If we happen to find any complications, you can be assured we will contact you promptly for any information we might need to resolve the issue.
Finally, we meet one last time to finalize your paperwork, and then either our job is done, or you can retain us for ongoing support in your business. Now you can see that this is far less painful of a process than most imagine it to be. With Detz & Taxes keeping an eye on your business from first formation, you can rest assured that your books will be sharp and scams will not get in your way.
