Crowley & Company Business Tax Services Saves You Time & Money. Business Tax Services El Paso
“Our Business Is Helping Your Business”
Since 1977, Crowley & Company has been helping clients prepare their business tax returns. This includes, but is not limited to: Business Tax Services El Paso
- Corporate income taxes
- Partnership income taxes
- Sole proprietorship income taxes
- Payroll taxes
Crowley & Company has the required experience necessary to create documentation which represents the essential information your business requires in order to be a success. Crowley & Company can assemble your business financials by adopting information from your checkbook, bank statements, and other applicable documentation as part of our financial reporting process. Additionally, our firm has the ability to utilize information entered into a QuickBooks file which affords both structured financial reporting and enhanced account security. Crowley & Company provide Business tax services El Paso business owners can rely on for accuracy and affordability.
We can analyze your business financial documents either on either a monthly, quarterly or yearly basis. Whatever best suits the needs and goals your business is seeking, our firm will partner with you to achieve them. Once your documentation has been reviewed, we can construct a detailed Balance Sheet to highlight your company’s Assets, Liabilities, and Equity – We will also prepare your company’s Income Statement detailing Revenues, Expenses, and Profits. Get an accurate snapshot of the overall financial health of your business with relative ease, and spend more time doing what matters most – running your business.
We believe meeting with our clients during the tax year allows for more accurate and streamlined tax planning. The services that we provide can help your company remain compliant with the Internal Revenue Service and avoid costly IRS penalties. In addition, we have an Enrolled Agent on staff to help your business manage some of the trickier IRS issues if you are ever involved in an audit situation. Work with us to receive greater peace-of-mind during what can be a stressful and lengthy process.
Not only do we prepare income taxes and offer audit representation, we also prepare Payroll and Sales Tax reports as well. These reports include Forms W-2 and W-3, 1096 and 1099, 940 and 941 as well as the state unemployment and withholding reports. Our staff is available year-round to serve your business. We pride ourselves on our ability to help you run your business more efficiently whether it is Income Taxes, Tax Planning, Payroll Taxes or Business Consultation.
We believe that we are The Small Business Specialists – come by our office or give us a call at 915-565-4629 to set up an appointment and learn more about financial solutions which work best for you. Contact Us Via Email.
2018 Tax Cuts and Job Act (TCJA)
Most beneficial changes to large number of taxpayers:
1. Increased standard deduction
2. Increased Child Tax Credit (CTC)
3. New Section 199A 20% QBI (Qualified Business Income) deduction
4. Expanded Section 179 and bonus depreciation rules
5. Decreased tax rates
Most detrimental changes to large number of taxpayers:
1. Loss of exemptions for taxpayers who will continue to itemize
2. Loss of exemption for dependents older than 17 years old
3. Loss of unrestricted deduction for state and local taxes
4. Loss of equity debt interest deduction
5. Loss of unreimbursed employee business expense deduction
Why Use An Enrolled Agent?
An Enrolled Agent has been tested and designated by the U.S. Treasury Department as being proficient in Federal Taxation and Tax Accounting. Enrolled Agents are regulated by the Federal Government, not by the states (as are attorneys and CPAs). EAs must maintain their special expertise through continuing professional education to maintain their IRS accreditation. They are unique in that they are the only group of tax professionals who report verification of their continuing professional education hours earned directly to the Internal Revenue Service.
Our Process
- Schedule initial meeting at no charge
- Collect all relevant tax information
- Promptly prepare your tax return
- File your tax return and return all tax documents to you
