Work with the Best Online Tax Filing Service for Your Business
Having an experienced CPA to support your business makes a huge difference to your business’s long-term tax strategy. But tax preparation is only part of the equation—you need a skilled professional to stay on track. Our small- and medium-business tax services save you time and prevent mistakes. At Ignite Spot, we do more than just prepare your tax return—you get a partner to help you the whole year through. Each quarter, your tax consultant will analyze your tax strategy and meet with you to discuss your options.
Develop a plan to manage your tax liability with Ignite Spot.
Small-Business Tax Preparation Help: How to Prepare Your Taxes
If you file your own business taxes, here’s what you’ll need to do:
Collect your tax records. Take stock of your earnings, expenditures, and deductions. Ignite Spot’s tax accountants keep track of all important records throughout the year, making them easy to reference come tax season.
Identify the correct IRS tax forms. For many business owners, this is one of the most confusing parts of tax filing. The forms you use will depend on factors such as the size of your business. Our consultants can take care of everything for you.
Fill out the forms. Tax filing can be tedious. Your Ignite Spot tax consultant can do much of this time-consuming and frustrating work for you.
Be aware of deadlines. Your business’s taxes need to be filed on time. With help from an expert tax accounting services firm, rest easy knowing that your tax returns are filed on time and without errors.
Tax filing is hectic, but following a tax preparation plan like this can help you get prepared and stay organized. Turn to your Ignite Spot accountant for your company's tailored plan.
Frequently Asked Questions
How much do business tax services cost?
Ignite Spot combines business tax accounting services with other accounting needs, providing payment plans to match. Our minimum fees for annual tax support start at $950 for a personal and business return plan.
How much can my business make before paying taxes?
Most businesses will have to pay taxes no matter how much they earn, with few exceptions, such as if you’re self-employed and make less than $400. Businesses must also pay estimated taxes quarterly if they expect to owe $1,000 or more for the year. Your Ignite Spot tax consultant will keep careful track of what you owe and how much you need to pay. Our accountants are always available to answer questions about income taxes, ensuring you haven’t missed a payment deadline.
What does a CPA do for a business?
A CPA saves your business time, but more importantly, they save you money. Not only do they make sure your paperwork is filed on time, but CPAs make predictions and advise you on ways to save and invest—helping your business generate income. Along the way, CPAs keep you organized and updated with regular financial statements and reports.
What do I need to give my accountant for business taxes?
Your accountant needs several pieces of information to make necessary calculations and advise you appropriately:
- Financial statements, including details about your profits and losses, cash flow, assets, and expenses
- Information on major assets bought or sold, such as equipment, buildings, or vehicles
- Records of vehicle use for the business, including the number of miles driven or the actual operating expenses
- Office cost breakdowns, including phone and internet plans, office supplies, and property expenses
- Employee payroll information, such as salary data and payment schedules
Easily update records and send information through our secure system when you use Ignite Spot’s small business tax services. Your accountant works with you throughout the year, keeping an organized record, so you have access to many of the documents you need.
What documents do I need to file business taxes?
When you file business taxes, you’ll need some or all of the following documents:
- Previous year’s tax return (unless filing for the first time)
- Profit and loss report
- Balance sheet
- Cash flow statement
- Tax forms
- Loan documentation
- Expense records
- Payroll data
- Inventory report