Deepti Gandhi CPA LLC
Tax Preparation & Planning
Effective tax preparation and planning can help you to minimize your future tax liability. We can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities. Our expertise is self-employed and family owned businesses throughout Texas.
If your business does not currently have accounting staff or if your business is outgrowing its current bookkeeping system, we can provide comprehensive bookkeeping and write-up services to ensure the smooth operation of the financial side of your business.
Business Entity Selection and Set Up
We can help you to decide which entity is right for you by pointing out the pros and cons of each type of entity. You can decide between Sole Proprietor, Partnership, Limited Liability Company (LLC), Limited Liability Partnership (LLP), Corporation or an S Corporation. Once you make your decision, we can form your entity for you, obtain an EIN and register it with the IRS and your state.
If you or your business face an IRS audit call us. We will deal with the IRS from start to finish without your presence. We will contact the IRS on your behalf and represent you during the audit without you being there. We have years of experience in dealing with the IRS and state taxing authorities.
Constantly changing federal, state and local laws and tax regulations make payroll management an ongoing challenge for business owners. We are well versed on these laws and regulations. We can proactively alert you to material changes that will affect your business and your employees while also keeping payroll running smoothly no matter how large your business and your employee population become.
Sales Tax Services
We can help you understand and manage your sales tax obligations and prepare sales tax returns in various jurisdictions.
Foreign Bank and Financial Accounts (FBAR)
If you have any foreign bank or investment accounts, you need to know your reporting obligations and filing deadlines. We have the knowledge and experience to help you with your filing requirements.