Tax Preparation

One of most business owner’s biggest concerns is paying their business taxes. Businesses are required to make an estimated tax payment quarterly if the business makes a profit. At the end of the year a business has to file a tax return just like individuals do, whether they make money or lose money. The federal income tax is a pay-as-you-go-tax. This means as you make money you pay the taxes due on it. This is why employers deduct taxes from their employees’ checks. For your business, we can help you estimate your business tax payments throughout the year and prepare your tax return at the end of the year. We have prepared tax returns from individuals to multi-million dollar corporations. With tax laws changing or new laws being adapted every year, keeping up with them is very important and we at NBS are constantly training.

A good bookkeeping system, whether in home or outsourced, is the first step in retrieving information for preparing the tax return. Tax returns need to be accurate and how supporting documents. They must be filed and payments must be mailed on time in order avoid penalties by the Internet Revenue Service.

We can prepare your individual tax return, too. We look at all documents to get you the biggest tax refund possible. We file all tax returns by e-file, so if you are due a refund it will arrive as quickly as possible.

These are just some of the services we provide:

  • We prepare federal tax returns for individuals, partnerships, corporations, and any other type of organization
  • We will review prior year’s tax returns to see if we can find any deductions missed in those years
  • We use one of the best tax preparation software
  • All tax returns are e-file with the IRS
  • We review business’ assets to make sure the correct depreciation method is being used
  • We look at all possible situations to find the best way to save you the most taxes
  • We will file your Texas Property Redemption report in Texas