Queens Accounting Services – Tax Audit and Business License Solution

Our accounting firm provides all types of accounting services in the state of New York. Moreover, it encompasses the city of New York as well as its boroughs. As the law says that a firm must locate an agent in the state where the clients run their business, Tax King Service offer accounting services in Queens. Here, we provide all sorts of services that you, as a company, can easily outsource.

What Services Do We Provide?

Tax Services:

Every company, big or small, must pay their taxes on time. We have tax specialists at the firm to help you with tax preparation, tax planning, and providing Queens accounting services as tax advisors. Additionally, we have specialized accountants for every service, such as personal tax accountants and small business accountants. It is a good idea to complete your tax processes with a professional. It is because the laws tend to change. This way, we can avoid errors. The tax services we offer are:

1. Business tax preparation

Business tax preparation is available for all the companies present in Queens. Moreover, we cater individually to each business and ensure your company is ready for the tax season.

2. Personal tax preparation 

Personal tax preparation for taxes on the expenses you have had.

3. Tax extension

Tax Extension for those who cannot meet the deadline. You can consider it a good idea. The reason is that this feature helps file for the extension a good time before the deadline. This way, you can be safe from any fines in the future.

4. Income tax preparation

Income tax preparation as your income is one of the major sources of tax. If you do not pay the taxes on time, there can be dire consequences.

5. Sales tax preparation

Sales tax preparation helps you decide on the sales tax for your products.

Audit Services:

Our firm offers three main types of audit facilities with Queens Accounting Services. This way, you can ensure that everything has been recorded and accounted for. As accountants, we deal only with the financial audits mentioned below.

1. Worker’s compensation audits

We deal with worker’s compensation audits. Through this, you can check whether the employees are being paid their dues on time or not. Additionally, it can help catch any monetary discrepancies as well.

2. Unemployment insurance audit

We also have an unemployment insurance audit that helps you prepare for the government-based audit. Through this, agencies can make sure that the right people are getting monetary benefits.

3. Sales Tax Audit

We also cater to a sales tax audit.This way, you can be sure that the correct authorities are receiving the money or not. Furthermore, it is a preparatory step in the case, a government agency randomly picks you for an audit.

Queens Accounting Services:

1. Accounting Services

Accounting services are the heart and soul of our firm. We cater to the major needs that you may have from your finance and accounting department. The services we offer are:

2. Bookkeeping Services

Bookkeeping is to maintain your records in an orderly manner. It helps facilitate the audit and keeps all your bills and receipts organized.

3. Outsourced CFO

Outsourced CFO to take care of your finance department and maintain meetings with the owners. The Chief Financial Officer also advises you about financial matters related to your company. Overall, the job also includes bridging the gap between the management and the workers.

4. Payroll services

Payroll services ensure that not only are regular payments made to the employees but also that all bonuses or leaves are adjusted in it. This way, proper records are also maintained.

Business License Services:

Some businesses need a proper license before they can get to work. Our firm offers:

1. Tobacco license

If you are looking to manufacture or sell tobacco-related products, you need a tobacco license

2. Beer License

Beer License is for companies interested in selling alcoholic beverages.

3. Lottery license

Lottery license for retailers who want to sell lottery tickets.

4. EBT food stamps

EBT food stamps licensing for the seller and the buyer.

Entity Formation Services:

There are many types of corporations we can find in Queens, NYC. The first thing we help you set up is a tax ID to become a taxpayer. The ones we cater to are:

1. S corporation

S corporation for owners that want to be taxed separately from the company.

2. C corporation

C corporation for owners that want flexibility in ownership.

3. LLC formation

LLC formation gives you a shield from most liabilities that may occur in the company.