Think doing your own business taxes will help you save money? Think again! You won’t just lose hours of your precious time. You’ll also expose yourself to multiple risks – the kinds of problems an experienced accountant can spot from a mile away, but which you yourself may not notice until you’re penalized with fines, or possibly even jail time.
If you own a business in the Twin Cities, then you’re much better off hiring Jme Hogenson, Certified Management Accountant and owner of JH & Associates to handle all your tax and bookkeeping needs. Here’s why!
Zero Risk
Business tax returns are notoriously complicated documents. They’re easy to make mistakes on, which wouldn’t be a problem if the IRS didn’t impose an accuracy-related penalty of 20% of the portion of underpayment due to (A) negligence, or (B) disregard of rules or regulations.
That’s just one setback that awaits the business tax DIYer. You don’t have to worry about the others – if you hire a qualified Twin Cities accountant, that is. Jme’s years of experience and close attention to detail will ensure that you’re strictly playing by the IRS’s rules.
Expert Guidance
A good business accountant’s work won’t end with the submission of tax returns. They also provide guidance on running your business more profitably, and make certain everything is in perfect order should the IRS ever decide to audit you.
Jme’s expertise on federal and Minnesota state tax codes will help you avoid serious trouble. It will also keep more of your money where it belongs: in your business. A skilled tax professional can discover deductions and credits amounting to hundreds or thousands in additional savings.
Flexibility
Every entrepreneur’s path is fraught with twists and turns. On one day you may have to apply for a loan. On another, you might transition a sole proprietorship to an LLC, purchase or merge with another business, or begin facing the manifold complications that go hand in hand with hiring W-2 employees.
Don’t lose sight of the big picture when you hit bumps on your road to success. Jme is standing by to deal with the myriad obligations a busy, growing business must meet.
Confidence
You’ve got enough on your plate without worrying about perpetually changing tax codes, the day-to-day demands of bookkeeping and payroll, and adapting your business to best leverage every advantage available to it. When you partner with JH & Associates, you can finally begin focusing all of your energy where it yields the greatest profit.
Contact JH & Associates today for all your business accounting needs, including:
Small business tax returns (sole proprietorship, LLC, S-Corp, etc.) for businesses with multiple revenue streams, payroll, significant deductions and credits
Tax planning consultation that helps identify the winningest strategy for your business
Payroll services that take all the worry out of paying employees compliantly and on time
Profit and loss preparation that accurately represents your income
Sales and use tax filing that fully complies with Minnesota state law