Tax Compliance and Preparation

Tax Compliance and Preparation

Our firm is unique with innovative, business-oriented CPA's who are dedicated to helping you and your company grow and prosper.

Our approach is simple: to improve your profitability, maximize your after-tax return, and plan your future to enhance your competitive edge.

We have grown along with our clients because, throughout our history, we have focused on working with talented entrepreneurs. Successful clients require specialized tax advice and that is how we will exceed your expectations.

If you're looking for new creative tax planning ideas or just want to keep up with the changes in the tax laws, give us an opportunity.

In addition to preparing and consulting on taxes for individuals and businesses, we provide the following services:

Merger and Acquisition Services- This includes the due diligence process of buying or selling a business, understanding tax ramifications and determining the type of transaction that is in your best interest, establishing buy/sell agreements, setting up employment contracts, etc.

Tax Audit Services- If you have received a letter from the Internal Revenue Service notifying you they are going to audit your records, you don't have to go at it alone.  Let us represent you, with our background in tax laws and accounting, we will be able to provide the services you will need.

For more information contact us at info@peroocpa.com

 
HIRE Act
Do you know about the HIRE Act?

The Federal Government passed the HIRE Act to create incentives for businesses to hire unemployed workers.  When a company hires an employee who has not worked a maximum of 40 hours in the immediately preceeding 60 days, the company is eligible for the HIRE Act incentive.  This incentive will save the employer 6.4% (equal to the employer\'s share of the Social Security tax) of the employee\'s wages for the remainder of 2010.  If the employee is employed 52 consecutive weeks, and earns at least 80% in wages for the second 6 months as in the first 6 months, the company is then eligible for an additional $1,000 tax credit in 2011.

 
 
The Small Business Jobs and Credit Act of 2010
H.R. 5297

Changes to Section 179

CHANGES AND HIGHLIGHTS 
  • Total amount available for deduction increased from $250,000 to $500,000
  • Limit of the total amount equipment purchased allowed increased from $800,000 to $2,000,000.
  • New changes are in effect for 2010 and 2011
  • “50% bonus depreciation” has been extended to the 2010 tax year

 
 
Our firm is dedicated to providing continuing
education to our clients. This is done through
seminars, newsletters, and one on one training.

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