Your business has an income-tax return to prepare, but that may be only one of several tax responsibilities on its calendar. Sales activity can create sales-tax obligations, while paying employees brings payroll taxes into the picture. Each involves different financial information, filing requirements, and deadlines.
Business owners need an accounting relationship that recognizes how these obligations fit within the same operation. Kevin J McHugh CPA PLLC provides state and federal business income-tax preparation, local and state sales-tax compliance, state and federal payroll-tax services, and tax planning. Based in Beaufort, North Carolina, the CPA firm works with businesses that need professional attention across several areas of taxation.
One Business Can Have Several Tax Calendars
A business may have finished preparing its annual income-tax return while continuing to collect sales tax and meet payroll-tax obligations. Those responsibilities arise from different activities, so completing one filing does not mean the remaining tax work is finished.
