Taxes

Every business wants to reduce taxes, but to do it correctly isn't always so simple. Often tax strategies that look good by themselves don't make sense in the context of your whole business . We are focused on your total tax picture, not just the preparation of next years return.

  1. Individual income tax preparation
    • Electronic Filing, including Rapid Refunds
  2. Business tax preparation
    • Sole Proprietors
    • C & S corporations
    • Partnerships
      • General Partnerships
      • Limited Partnerships
      • Limited Liability Companies
    • State and Local Tax Services

Bookkeeping

Well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. We can install Quickbooks and provide you a high quality professional implementation and training services for your complete business accounting software need. Our firm will assist you with the day-to-day tasks associated with bookkeeping:

  • Recording cash receipts and disbursements
  • Maintaining accounts receivable and payables
  • Preparing financial statements from general ledger and trial balances

Payroll

Our payroll service is comprehensive, cost-effective, and prompt.  We offer payroll solutions that meet your businesses needs and enable you to spend time doing what you do best--running your company. We will prepare your payroll checks and can provide direct deposits if needed.

Why outsource your payroll?

  • COST EFFECTIVE: Use your staff more efficiently by letting us handle payroll and the associated legal details.  Reduce overhead by removing the need to hire specialized employees.
  • TIME SAVER: Our  payroll service eliminates the burden of customizing, updating and maintaining your own payroll system--no more data entry, no more researching updates or new laws, no more worries.
  • PAYROLL TAXES: Eliminate the risks of calculating and filing your own payroll taxes by having professionals do it for you.  Federal, state and local payroll tax laws are frequently changing and becoming more complex.  How much time do you want to spend learning all the rules and keeping your information up to date?
  • PROFESSIONAL STAFF:  Our professional staff allows you to focus on the core competencies of your business.  We are accounting professionals--you get the experts working for you and with you.
  • REPORTS: User-friendly and accurate payroll reports.

Consulting

You're in business to be successful and we are here to help with fast and friendly advice. We can provide information system implementation and training for software packages such as QuickBooks or Peachtree. We will maintain, design, setup, and train your staff on a variety of features within this and other software packages.

Virtual Office

Business owners can save up to 50% on overhead costs by outsourcing their bookkeeping and accounting functions to H. Jain & Co. You could save the amount you pay in the salary, payroll taxes, vacation time, sick time, and benefits to an in-house accounting department and outsource with us.

By utilizing state-of-the-art technology, we enter transactions directly into our clients' general accounting system or onto our secure servers. We can fully manage your finances from:

  • Paying your vendors
  • Management of your invoices
  • Full Accounting of all payables and receivables
  • Payroll needs
  • Bank Reconciliation
  • Financial Reports

Audit Representation

Internal Revenue Service

The Internal Revenue Service audit. The very phrase strikes fear into the most stalwart heart. We have all heard the horror stories of people who have faced the scrutiny of the IRS.

Fortunately, if you, or a loved one is facing an IRS audit, you don't have to go through it alone. We are enrolled to represent you during an audit before the IRS. We can handle the power of attorney to not only bring to bear our expertise in navigating the complex tax code, but to protect you and your family from financial harm.

You don't have to deal with the IRS yourself. We can handle it for you. We can negotiate terms should you be found to owe back taxes and penalties, and our services cost substantially less than a tax attorney.

State Tax Audits

We represent our client's interests during state & local tax audits to ensure they pay only what's fair. We can represent your organization during a sale and use tax audit to get you the best results. You have specific legal rights with respect to the manner in which audit procedures are applied, and the way taxing authorities may pursue the collection of delinquent taxes. We are committed to ensuring that you receive the most professional treatment from tax collectors, and that your rights are not violated. We will vigorously defend your interests from the beginning of the audit through the appeals process, seeking to minimize your audit assessment.