Services

Business Tax Services by MGM Accounting

At MGM Accounting, we understand the complexities of business taxes and the importance of accurate and timely filings to ensure compliance and minimize tax liabilities. Our team of experts is here to provide comprehensive business tax services tailored to meet the unique needs of your company. Whether you’re a small startup or a large corporation, we have the knowledge and experience to handle all aspects of your business taxes. Below are the key services we offer:

Corporate Tax Preparation

Thorough preparation and filing of federal and state tax returns for corporations.
Utilization of tax-saving strategies and credits to optimize your tax position.

Partnership Tax Services

Expertise in partnership tax laws and regulations to ensure accurate tax reporting.
Assistance with Schedule K-1 preparation and distribution.

LLC Taxation

Guidance on the most advantageous tax structure for your LLC, whether it’s taxed as a disregarded entity, partnership, or corporation. Compliance with tax requirements specific to LLCs to avoid penalties and maximize tax benefits.

Tax Planning and Consulting

Strategic tax planning to minimize tax liabilities and maximize cash flow.
Proactive advice on tax-saving opportunities and incentives relevant to your business.

State and Local Tax (SALT) Compliance

Assistance with state income tax filings, sales tax returns, and other state and local tax obligations. Compliance with complex SALT regulations to avoid costly penalties and audits.

Tax Credits and Incentives

Identification and utilization of available tax credits and incentives to reduce tax burdens. Guidance on eligibility requirements and application processes for various tax credits.

Tax Representation and Audit Support

Representation before tax authorities in the event of IRS or state tax audits.
Assistance with responding to audit inquiries and negotiating settlements.

Entity Structuring and Tax Optimization

Evaluation of different business entity structures (e.g., C-corporation, S-corporation, partnership) to determine the most tax-efficient option.
Structuring of transactions and operations to minimize tax exposure and maximize benefits.

Income taxes

Corporation, Partnerships, and Individuals

Bookeeping

Online, or pick up and deliver

IRS Problem Solving

Offers in Compromise, IRS Audit

Accounting

Financial Statements, Modify reports to your needs

Payroll Taxes

Quarterly and Yearly filings- 941s, 940s, DE9s

Sales Taxes

Quarterly and Yearly 

At MGM Accounting, we are committed to providing proactive tax planning, accurate tax compliance, and personalized service to help your business succeed. Let us be your trusted partner in navigating the complexities of business taxation and achieving your financial goals.

Income Taxes

Expert tax preparation and filing for corporations, partnerships, and individuals. Dedication to maximizing deductions and credits to minimize tax liabilities. Proactive tax planning strategies to optimize your financial position.

Sales Taxes

Quarterly and yearly sales tax filings. Compliance with sales tax regulations to avoid penalties and fines.

Bookkeeping

Flexible bookkeeping solutions available online or through pick-up and delivery. Accurate and organized financial records to support decision-making and financial analysis.

Accounting

Preparation of financial statements customized to your specific needs. Modification of reports to provide valuable insights into your business performance.

QuickBooks

QuickBooks company setup and support. Data cleanup and transferring services for seamless integration with your existing systems.

Payroll

Quarterly and yearly payroll filings including Form 941, Form 940, and DE9s. Reliable payroll processing to ensure compliance with regulations and timely payments.

IRS Problem Solving

Assistance with Offers in Compromise and IRS audits. Dedicated support to resolve IRS-related issues efficiently and effectively.

Audit

Internal audit services to assess and improve your internal controls. Support with W2s, 1099s, and workers’ compensation audits. At MGM Accounting, we are committed to providing exceptional service and delivering tangible results. Let us help you navigate the complexities of financial management so you can focus on what matters most – growing your business and achieving your financial goals.

For inquiries or to schedule a consultation, please contact us at:

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