TBAY TAX SERVICES
Practice Areas
We provide a wide range of services to individuals and businesses in a variety of industries. We strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Our professional services include:
Income Tax
Regardless of the type of income you have, farming, rental property, retail sales, professional services, or W-2 income we can prepare your tax return with expertise and efficiency. We provide our clients with free electronic filing and free direct deposit of refunds. Electronic filing and direct deposit will get you money to you quickly at not additional cost. IRS has significantly enhanced the e-file and direct deposit system providing a quick turn around of 10 days or less of tax refunds for over 90% of our clients. We are open year round provide our clients with assistance in all tax matters throughout the year, not just at tax time.
Payroll
Constantly changing federal, state and local laws and tax regulations make payroll management an ongoing challenge for business owners. Our payroll services professionals 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.
Tax Planning
Proper planning and legitimate tax strategies can help you reduce your tax liability and maximize your after-tax income. As a regular practice, we recommend tax planning strategies to reduce your tax liability. We continually look for ways to minimize your taxes throughout the year, not just at the end of the year. We try to ensure that our business and individual clients pay the minimum amount of taxes allowable by law. We work for you, not the IRS. Depending on your situation, we may recommend methods to defer income so you can keep your money now and pay less taxes later, reduce estate taxes so your family keeps more of what you’ve made, reduce taxes on retirement distributions, as well as many other possible strategies.
Bookkeeping
Tbay Tax Services provides a full range of accounting and bookkeeping solutions and services. We can perform all accounting and bookkeeping services for you and your business at a fraction of the cost of hiring a full-time bookkeeper. Whether you need full-time bookkeeping services or you need help in reviewing your accounting records, we can help. We provide bookkeeping services on a daily, weekly, monthly, or quarterly basis depending on the client needs.