Tax Preparation
We prepare tax returns for Individuals, Businesses, Trusts & Estates, Not-For-Profits, and Condominiums. We go beyond basic tax prep.
TAX PREPARATION PROCESS:
We take the time to get to know each and every client and to understand your specific needs and circumstances. It is through this understanding that we can craft efficient and smart tax planning strategies to help keep you in compliance and reduce your overall tax liability. As they say, it’s not how much money you earn, it’s how much you keep.
We can prepare tax returns for:
INDIVIDUALS: 1040 preparation for all types of individuals
BUSINESSES: C-Corps, S-Corps, Partnerships, LLCs, and Sole Proprietorships
TRUSTS & ESTATES: 1041 and 706 preparation
NOT-FOR-PROFITS: 990-EZ preparation for organizations with <$200k in gross receipts and <$500k in total assets | 990-N submission for organizations with <$50k in gross receipts
CONDOMINIUMS: 1120-H preparation for homeowner’s associations
Accounting
Whether you need Financial Statement Preparation, your books cleaned up, or help with Budgeting & Forecasting, we’ve got you covered. You relax while we do the math.
ACCOUNTING PROCESS:
BD CPA Group offers comprehensive accounting services that help free up your time to do what you do best, manage your business! We offer customizable options on a monthly or quarterly basis to perform the following tasks:
• Reconcile your bank accounts
• Properly record your transactions
• Prepare your Income statement and balance sheet
• Clean up your QuickBooks and general ledger
• Create a customized budget
• Review of your accounting system, controls, and procedures
Business Consulting
From helping you start a business to tax planning strategies for existing businesses, you can count on our guidance and advice.
BUSINESS CONSULTING PROCESS:
Managing a business is hard work and can be quite complex. Whether your business is new or growing, or somewhere in between, we can help guide and support you. We specialize in the following services:
• Tax planning strategies
• Cash flow planning and analysis
• Guidance for new or first-time business owners
• Consulting on business expansion, development, acquisitions, and asset sales
• Coordination with other professionals such as attorneys, brokers, bankers, and payroll providers as needed to achieve your goals
LOOKING TO START A BUSINESS?
Launch your new LLC or Corporation the right way. We will guide you through the proper steps to successfully start your new business. Business formation services include:
• Selection of proper business entity
• Filing Articles of Organization w/ Secretary of State
• Obtaining an EIN
• Drafting an operating agreement
• Election of S-Corp status (If needed)
Financial Planning
As your life changes, so do your priorities. We will work with you to develop a plan that suits your goals & objectives. Because smart decisions today equals lasting value tomorrow.
FINANCIAL PLANNING PROCESS:
The transition from earning your living to financial freedom may feel like a daunting task. We help you plan for not only your future, but for the future of those you care about most. A licensed CPA and Certified Financial Planner™ (CFP@) professional at BD CPA Group is ready to assist you with:
• Asset allocation & investment portfolio reviews
• Debt management solutions
• Budgeting & cash flow management
• Personalized savings strategies
• Education funding strategies
• Retirement planning
• Estate planning including the use of wills and trusts
• Life Insurance needs
• Tax planning
• Inflation-adjusting your portfolio
• Social Security projections
• Tax consequences of investing in cryptocurrencies and Bitcoin
Frequently Asked Questions
If you feel overwhelmed by preparing and filing your own taxes, you are not alone. It can be a daunting task. Working with a tax professional at BD CPA Group can save you time and help you make smarter tax-saving decisions.
Yes! Unlike some online services, we will guide you through the process. From selecting the appropriate business entity, to registering with the proper agencies, we will be there to provide advice and guidance customized to your needs.
Absolutely not, we can work with you no matter where you live. We can easily communicate via Zoom, email, and phone to provide you with the same great service that our local clients receive.
