Preparing and filing taxes is a cumbersome process. Tax rules change every year. Plus, there are many things to remember and steps to take when preparing taxes. Your accounting team has better things to do. To ensure your team has enough man-hours to focus on critical tasks, outsource your tax preparation.

Outsourcing companies employ knowledgeable taxation professionals. They follow market developments closely and can help you figure out ways to save on taxes. Your outsourcing partner will also help you understand and claim small business tax deductions.

Here are some compelling reasons to hire professional accounting services in Santa Rosa.

Taxation is Complex

Taxes are complicated. It’s easy to make errors when filing taxes. There are several things to keep in mind. You must have important numbers at your fingertips and must know key tax terms.

Even a single, seemingly innocuous error committed while preparing or filing taxes can come back to haunt you. Computation errors can trigger an IRS audit, and you may end up paying thousands of dollars in penalties and interests.

Tax accountants are trained to watch out for and steer clear of errors. They know tax laws, policies, taxation methods, and provisions. When outsourcing your tax preparation to an accountant, make sure they are familiar with the Tax Cut & Jobs Act.

You Will Save Time

Filing taxes can be incredibly complicated and frustrating. If you decide to file your taxes, you can very well end up buried in paperwork. Plus, you may commit mistakes while preparing your taxes. When the IRS comes knocking at your door, you will have to rectify these mistakes.

You can save yourself a lot of hassle down the line by outsourcing your tax preparation. You will have peace of mind and more time to develop business expansion strategies.

Maximize Deductions and Tax Savings

There are several deductions available to small businesses. A taxation expert knows how to maximize deductible business expenses. Your outsourcing partner will help you determine whether your business qualifies for a particular tax deduction. They will help you take advantage of every available deduction.

Help Address IRS Concerns

Receiving a letter from the IRS is an average business owner’s nightmare. Tax accountants know how to answer IRS letters and address concerns raised by them. If the IRS comes knocking at your door, your tax accountant will help you formulate a counter-strategy.

Virtual Jeannie Bookkeeping Services Inc. offers top-notch accounting services in Santa Rosa. We can deliver a customized solution to meet your specific needs. Whether you are planning to build a bookkeeping system from scratch or want to streamline an existing system, we can help! To discuss your requirements with one of our bookkeeping experts, call (707) 664-1425.