The vast majority of business owners keep some degree of separation between personal and business finances. Maintaining separation is smart; it ensures your business is considered a separate legal entity for liability purposes and makes managing personal bills, business expenses, and personal and business taxes much easier. However, it can be difficult not to associate the two, especially at tax time.
Your business’s profits as well as your own investments into the growth of your business can have a significant effect on your personal taxes come April. For this reason, it is important to utilize a tax professional with deep knowledge of both individual and business tax law. At Vortex Solutions, we have the tax expertise needed to ensure your personal finances remain your own.
Why Choose Vortex for Your Personal Tax Filings?
As a small business owner, you are constantly keeping track of every last detail of your business’s day-to-day operations. Unfortunately, that can leave you susceptible to errors, misses, and other issues when it comes time to give attention to personal finances. Let Vortex Solutions handle your personal tax filings for you so you can keep your focus on growing your business.
Vortex offers tax solutions for all personal tax situations, including:
- Income tax planning. Tax planning involves optimizing your deductions, credits, and income in a way that minimizes the tax debt you owe the IRS. In addition, Vortex will help you review strategies like deposits into IRA and 401k accounts to increase your tax advantages and reduce the amount of taxable income you hold.
- Income tax compliance. Although reducing your taxable income is crucial to ensuring you keep most of your money in your pocket, it is important to do so within tax code regulations. Our tax team will pore over your returns to ensure you’re well within compliance guidelines.
- State and federal income tax preparation. Our individual income tax team will comb through the tax code to ensure you’ve received every deduction you deserve. Once it’s clear all boxes have been checked and all the best deductions and credits have been claimed, we will complete preparations of your federal and state tax returns.
- IRS and state audit management. In the unlikely event you become subject to a federal or state audit, Vortex Solutions is here to help guide you through the process. You can keep your attention on the day to day operations of your business while we take care of the rest.
Once you’ve made the decision to entrust Vortex Solutions with your personal tax filings, the only other action you need to take is simply sending us your current years’ tax documents. Then, invest your time and capital in growing your business rather than filling out 1040s and itemizing deductions. You can feel secure in attending to your business knowing that Vortex has your back when it comes to personal finance.
Start Your Tax Planning With Vortex Solutions
It’s never too early to plan ahead; Vortex’s selection of income tax solutions ensures you’ll be ready no matter what tax time brings your way. Our filing services are designed to help ensure each and every individual tax client maximizes the available deductions and credits, while remaining in compliance. If you’d like more information regarding our individual tax services, reach out to a Vortex Solutions tax expert at your earliest convenience.