Unlock Business Growth Opportunities
At some point, every Newark, DE, business has an opportunity to grow. Unfortunately, not all businesses take advantage of those opportunities. Some aren’t even aware they exist, while others can’t act simply because they lack the essential insight into their company’s finances. Whether it’s due to an inability to properly forecast revenue, uncertain cash flow, lack of planning experience, lack of time, or limited resources, missing out on these business growth opportunities is common. However, it doesn’t have to be, and when Newark, DE, businesses want a greater understanding of their company’s financial performance from an experienced CPA and tax accountant, they call on Doherty & Associates.
Expert Tax Strategies That Maximize Your Returns
At Doherty & Associates, our experience spans multiple market segments and business types. We have customers who are manufacturers. We have customers who are retailers, distributors, or operate a restaurant or other service-oriented business. We work with non-profits, healthcare providers and companies, numerous small businesses, and construction companies. It’s our years of tax preparation experience alongside our ability to work with multiple businesses in different markets that distinguishes our CPA and tax accountant services. We know what works. We know how to duplicate success without using a one-size-fits-all approach. For our tax accountant and CPA team, it’s about leveraging our understanding of your business while still creating a customized accounting and tax planning strategy you can call your own.
Maximizing Deductions
Maximizing your Newark business’s tax deductions should never be limited to travel, meals, rent, and office expenses. These are a given. Instead, thorough tax preparation is about helping manufacturers get tax deductions for equipment and machinery maintenance and repairs. It’s about securing 100% deductions for advertising costs, taking deductions for financing costs and interest on credit lines, or securing deductions for bad debt.
When you work with Doherty & Associates, you’re hiring an expert team of CPA and tax preparation professionals. We’ll create a tax strategy unique to your business and then systematically maximize your deductions with precise expense tracking. From properly depreciating assets like new office equipment, supplies, and machinery to help you take advantage of employee salary and benefit deductions, we’ll map out a tax deduction strategy that produces significant returns. Our CPA firm can provide you with a personal tax accountant to take advantage of our tax preparation and other tax services in Middletown, DE.
Personal and Business Tax Strategy
Whether you’re a business in Newark, a single parent, a student, or a family, having a tax strategy you can follow year-round has a dramatic impact on your tax refund. With our corporate or business tax preparation services, you’ll know well in advance how our expense tracking will be used to secure favorable deductions. Your business tax strategy will become an all-important blueprint for your company and management to follow. From the outset, our CPA and tax accountant team will identify those expenses that must be tracked while keeping abreast and aware of any changes to state and federal tax codes.
The moment an updated tax code represents an opportunity for your business to secure additional deductions, we’ll notify you immediately and make that part of your Newark business’s overall tax strategy. For families, students, and individuals, the same rules apply. Create a comprehensive and personalized tax preparation strategy you can follow, and create a personalized tax filing system where all your expenses accumulate. Your taxes will be completed on time and any requests for clarification will easily be handled.
IRS Representation
Dealing with the IRS can cause severe stress for business owners, families, and Newark residents. This is especially the case if they are trying to garner wages, force you to adhere to a monthly payment plan you can’t afford, or aren’t allowing you to take justified deductions.
As your IRS representative, your CPA and tax accountant from Doherty & Associates is well-positioned to handle any IRS audit or penalty levied against you or your business. From negotiating more favorable and affordable monthly payment plans, stopping wage garnishment, and reducing tax liens to handling audits and justifying your tax deductions, our IRS representation services.
Remote CFO Services
If you’re a Newark business that needs an experienced CPA and tax accountant to work on behalf of your company as a CFO, then our remote CFO services are exactly what you need. Think of our remote CFO services as combining the precision and detail-oriented approach of a CPA with an experienced, seasoned, and savvy business consultant.
Everything a CFO does will be handled by your remote CFO. From cash flow projections, accounts receivable and payables management, bank reconciliation, financial statements, tax strategy and filing, to deciding the time and place for new hires and new investments, your remote CFO will help you define a new growth plan.
Detailed Accounting Services That Simplify Your Finances
Regardless of whether you’re a new startup, an established business, or a family or individual, a tax accountant from Doherty & Associates is here to reduce the load and help you simplify your finances. We’ll clarify your personal or business finances in a way that reduces your stress, while creating a customized tax strategy that empowers you to act and one you can easily get behind. If you’ve decided that now is the time to speak to a CPA or tax accountant from the best tax strategy and preparation team in Newark, contact us today!
Experienced CPA and Tax Preparation Services
At Doherty & Associates, residents and businesses throughout Newark, DE, rely on our tax preparation team to help them with personal tax, business tax, and corporate tax planning. However, it’s not just about assisting our customers with creating a tax plan, but ultimately about helping them enact that plan. Success comes from an experienced CPA and tax accountant team with over 70 years of combined experience and an unrelenting approach to enacting proactive tax strategies.
Whether our tax preparation services are helping individuals or businesses maximize their deductions or providing businesses with affordable accounts receivable, accounts payable, bookkeeping, and payroll services in Chester, PA, our customers trust our expertise and value our follow-through capabilities.
Can CPAs Help With Both Tax Preparation And Financial Consulting?
- Yes, CPAs offer both tax preparation and financial consulting services tailored to individuals and businesses.
- They prepare and file accurate tax returns while identifying strategies to minimize tax liability.
- As financial consultants, CPAs provide advice on budgeting, cash flow management, investment planning, and growth strategies.
- Their combined expertise helps clients make informed decisions that improve overall financial health.