GL: Tell us about the services you provide.
Alexis Paul, CPA: We are a CPA Firm that focuses on Individual and Corporate Tax Preparation, Small Business Accounting, Tax Planning, and more. We have a team of dedicated professionals ready to help guide you through tax savings.
Tax Return Preparation: Saving you thousands is just the beginning. We believe in making the tax return process as smooth and stress-free as possible. Our commitment to clear communication means we’re with you every step of the way, ready to answer all your questions and empower you with knowledge. Leveraging the latest technology, we streamline the collection of necessary documents to ensure accuracy and efficiency. Our thorough approach not only aims to enhance your returns but also simplifies the process, allowing you to understand and be confident in your financial decisions.
Small Business Accounting: Our Small Business Accounting service offers comprehensive CFO solutions tailored to your business needs. Whether you require a one-time setup or cleanup, or ongoing monthly or quarterly maintenance, we ensure your financial records are meticulous and up-to-date. Entrust us to streamline your accounting processes, allowing you to focus on growing your business with confidence.
Tax Planning: In-depth review of your tax situation is needed to plan and maximize your tax benefits. Including tax calculation, entity optimization, and tax strategies.
GL: Why are those services important?
AP: Hiring the right team for Tax Return Preparation and Tax Planning is crucial because it helps individuals and businesses minimize their tax liabilities and make the most of tax-saving opportunities. Proper tax planning ensures compliance with tax laws, avoiding penalties and legal issues. It also allows for better cash flow management, helping you keep more of what you earn. By strategically timing income, deductions, and investments, you can maximize benefits like tax credits and deductions, ultimately reducing your overall tax burden. In a complex tax environment like the US, effective planning can significantly impact your financial health and stability.
GL: What is a common misunderstanding about taxes and tax planning?
AP: Many people think accounting is just about numbers, but it’s really about providing a comprehensive understanding of financial health, which is critical for making informed decisions. Knowing this can make a huge difference in personal and business finances.
GL: What tips do you have for people ahead of tax season?
AP: If you've experienced a lifestyle change like marriage, divorce, a new baby, or buying a new home, it's essential to consult with a Tax Specialist to ensure you're maximizing all available tax credits.
For business owners, make sure your books are in order. Good records and support are crucial to maximize business expenses. If you have a SEP Retirement Plan, remember you have until April 15th to make a contribution.
Alexis Paul is a Certified Public Accountant with over a decade of experience in the financial sector. Her career was ignited at Ernst and Young in New York City. After she graduated from Johns Hopkins University, inspired by her father's legacy, she pursued an MBA in Accounting.
The new office is located at 79 E Putnam Avenue and you can learn more at: www.apaccountingandtax.com
"As an independent CPA, Alexis Paul takes greater joy in forming lasting relationships with her clients to save them thousands of dollars."