BOOKKEEPING

On Line Bookkeeping & Tax Service has the expertise to provide you with the services that you need. Dedicated to keeping our tax preparation skills honed with continuing education courses throughout the year, we are highly qualified to prepare tax returns for all fifty states.

We provide a full array of services (unaudited) to enable you to track your profitability and comply with banking/reporting requirements. Our Tax Law compliant financial statements and tailor-made, financial analyses can help you identify and eliminate inefficiency and realize your business’ full profit potential.

We offer FULL-CHARGE BOOKKEEPING: monthly financial statements include Balance Sheet, Profit & Loss, General Journal and Bank Statement Reconciliation. As needed we will provide subsidiary ledger maintenance, and receivables and payables tracking and analysis.

TAX COMPLIANCE & REPRESENTATION SERVICES

We will work with you year-round as needed to minimize your total tax burden.

We are licensed to offer the full range of tax planning and tax compliance services.  We will work with you year-round as needed to minimize your total tax burden within the limits of the law and defend you in tax audits as needed under IRS/CA Power of Attorney authorizations issued by you.

1. Tax Preparation Services

• INDIVIDUAL TAX RETURNS not only FEDERAL but also ALL 50 STATES and includes electronic filing. A Tax Organizer will be sent to you upon request to help you collect the information we will need to prepare your returns.
• BUSINESS ENTITY TAX RETURNS, including Partnerships, Corporations, Non-Profit Organizations and LLC’s in ALL 50 STATES and includes electronic filing.
• ESTATE, GIFT and TRUST TAX RETURNS.
• SALES TAX RETURNS for all tax agencies.

2. Audit Representation Services

• If you are audited or assessed, we are licensed by the IRS to REPRESENT you, under Power of Attorney, provided you supply us with complete and accurate information, and you agree to have no direct contact with the audit agency — we will appear in your place and without you being present at the audit.

If an audit of a return we prepared for you results in a tax increase due to an error we made, we will reimburse you for any assessed penalty (the actual tax due and associated interest for the time you had the use of those tax funds are not reimbursed).

Offers in Compromise and other settlement arrangements can be negotiated. Sometimes a negotiated settlement can be obtained at less than the total existing tax assessments, providing you can prove inability to pay and you pay what you agree to in one lump sum. Forget those “10 cents-on-the-dollar settlement” advertisements.

TREASURER SERVICES

Our Non-Profit Clients state that these value-added services are indispensable given their need to have new Officers and new management each year.

We will act as (but will not be) your Chief Financial Officer or Treasurer, but do offer services including receivables, payables, and payroll management, up to but not including the signing of checks (except via Rubber Stamp you provide and in writing authorize).

Our Non-Profit Clients state that these value-added services are indispensable given their need to have new Officers and new management each year.