Business & Economics
Avoid Getting Into Trouble With The IRS With This Torrance CA Certified Tax Firm Are you a new or existing business owner? Do you find tax filing and accounting stressful? Have you taken advantage of the PPP loan program? Do you need help to understand your tax return? Whatever financial advice you need, this Torrance, CA firm can help you! The team explain they can help you and other small businesses ensure you are tax compliant and offer you bookkeeping services as well as financial planning support. The newly launched services are designed to help you maintain your financial records to ensure you are tax compliant and aware of the latest deadlines, limits, and amounts due. The Allman & Allman team add they are also able to help you if you have or are interested in applying for the Paycheck Protection Program loan program. If you have applied for the PPP loan program to support yourself because of the pandemic and the economic fall-out, you may be unaware your tax return may be affected. Allman & Allman explains it can assist you if you require support to navigate your requirements ahead of filing your tax return. If you are a new business owner, you can also benefit from speaking to the team as they explain they understand how challenging it can be to start a new venture. The team add you must pay close attention to your accounting and taxes for two key reasons. Firstly, filing your taxes properly or poorly can be the difference between thousands of dollars. Secondly, the team explain you should avoid getting into trouble with the IRS. The team explain they are available to provide you with business support and add the first thing you should consider as a new business owner is your entity type. The team add you should decide if you want to operate as a sole proprietorship, which means the company is owned by you and is not legally separate from you as an individual. Visit the links in the summary to find out more!