As a small business owner or operator of a non-profit in Jacksonville, you understand the important role that planning for and preparing your taxes plays in the success of your organization. Making sure that your taxes are accurate, on time, and filed so as to take advantage of all the benefits your business qualifies for is a crucial element in your financial health and risk mitigation. From ensuring that you are well organized throughout the year to the actual tax preparation itself, George A. Spencer, CPA is seasoned professional with over 20 years of experience in helping businesses just like yours with tax preparation services. If you need help with your taxes this year, our experienced accountants can help. Reach out today for a free consultation and learn more about Jacksonville’s top-tier tax preparation specialists.

Our Tax Services

The world of small business taxes is expansive, complicated, and full of hidden tax breaks and pitfalls. At George A. Spencer, our accountants are veterans of helping small businesses of all kinds with identifying the forms they need, acquiring the proper documentation, and getting tax preparation done on time so you can continue to focus on what matters most — running your business. Whether you are a sole proprietor, partnership, or corporation, we can handle your individual tax preparation needs with efficiency and integrity.

Tax Preparation

The actual process of effective tax preparation is daunting for most small business owners to think about, let alone manage. Tax laws are constantly changing and as the owner of a business, you have a responsibility to yourself, your employees, and your local, state, and federal jurisdictions to meet deadlines or face penalties, fines, or even lawsuits. But proper tax preparation isn’t just about avoiding the risks that come with trying to do your own businesses taxes, it’s also about making sure that you take full advantage of the incentives, deductions, and credits that your organization qualifies for. Working with the right accounting team can make sure that you are protected and enjoy •the full tax benefits your business deserves.

When you choose to work with George A. Spencer for your business tax preparation needs, you can expect the professionalism and expertise that your business deserves. We will:

• Gather and organize all necessary forms, including W-2s, SSA-1099s, and more.

• Get all of your applicable receipts together for deductions purposes.

• Gather and organize information regarding charitable donations.

• Inform you of recent tax law changes and act accordingly when filing.

• Request filing extensions on your business’ behalf, if necessary.

• Consult with you about how you want to claim your tax refund if you expect one.

If you have specific questions about your business’ specific situation, needs, or challenges, reach out and get a free consultation.

Tax Planning

Most businesses we work with for tax preparation help come to us in the fourth quarter looking to get ahead of tax season and act preemptively. In reality, the best way to avoid getting caught off guard and getting dragged into deep piles of tedious paperwork is to work with a professional accountant on tax planning. Tax planning is a strategy used by savvy businesspeople and non-profits to maximize the potential financial return for your business by getting well ahead of tax season. At George A. Spencer, we specialize in running tax planning audits and reviews for small businesses so they can work throughout the year to get the most out of their filing.

Sales Tax Services

An important part of every successful business’ tax preparation is making sure that they are accurately tracking and paying their local and state taxes on services and goods throughout the year. In Jacksonville, your generated sales tax is due to be passed on to the proper jurisdictional authorities on a monthly basis. Failing to assess, collect, and pay the proper taxes on time can create some pretty serious complications for your business. Most challenging is that the different levels of government that levy these taxes on business can change annually. If you have questions or concerns about where your organization stands in terms of collecting and paying sales taxes, contact our tax preparation professionals today.

IRS Resolution Services

Tax preparation is especially important for small businesses due to the increased scrutiny and standards that they face from the Internal Revenue Service. Improper filing, late filing, and any other variety of mistakes can lead to penalties or audits of your business. When you find yourself in a tax quandary with the IRS, it’s essential that you seek professional accounting and legal services to intervene and help get you back into good standing. Our professional accounting team has years of experience in helping small business owners successfully navigate IRS resolution problems and is happy to consult with you about how we can help your business do the same. Of course, we recommend getting ahead of any potential problems and working with a tax preparation professional in advance. If you do have tax resolutions problems to solve, contact our team today.

Contact George A. Spencer, CPA

No matter what your tax preparation needs or financial standing with the IRS look like, the CPAs at George A. Spencer can provide assistance that makes a difference. We have helped countless small businesses through a myriad of challenges and are well equipped to help your organization make the most of your tax filing this year. Don’t just survive tax season, win at it. Contact the accounting experts at George A. Spencer, CPA today.