When it comes to paying employees, laws and the IRS have made the payroll function a time consuming nightmare for the small business owner.
Small business owners spend an average of eight hours a month performing payroll functions. Unfortunately, since they are not trained in this, they often muck it up. But, even if they do it perfectly, that’s 12 full days a year that could be spent generating sales, prospecting new business opportunities, improving products or services, or servicing customers.
As one of the top Accounting Firms in Las Vegas Central, we offer payroll solutions that meet your business’s needs and enable you to spend time doing what you do best-running your company.
We know that when it comes to payroll service – no one size fits all. That’s why we offer the following three custom payroll processing options.
1. Comprehensive Payroll Services
Our Comprehensive Payroll Service takes care of the entire payroll processing for you, so that you won’t have to. You get…
2. After the Fact Payroll Services
We will take your manually-prepared payroll records and other payroll information and post this information to our data files, so you get…
3. Online Payroll Processing
You can enter your employee’s hours and earnings securely online and get…
There seems to be an endless amount of special reports Government agencies require. We can prepare the following reports for you.
To give you an accurate price for our payroll services we need to know a little more about your business and what services you’re interested in. Our prices are very affordable.
Contact Torchlight Tax & Accounting in Las Vegas Central to get a Free Consultation and complete pricing of our payroll and \Tax Services in Las Vegas Central.
Call us at 1-877-758-7797 or 702-463-1818 or email us at info@TorchlightTax.com. We can transfer your call to a branch office near you or help you directly from our central office. Free consultations are available
Many people do not know how a professional tax and accounting firm differs from a bookkeeper or tax preparer. The main difference when working with a professional tax and accounting firm, such as Torchlight Tax, is that our firm utilizes the services of CPAs, EAs, and Attorneys who are distinguished from bookkeepers and other tax preparers by stringent qualification and licensing requirements. Our entire team has a purpose to legally save your tax dollars and to make taxes as painless as possible. This means we take your calls and respond to your concerns. If you receive a threatening IRS call or Notice or are worried about some tax question, we are here for year round taking your calls and responding to your emails.
Whether you are filing personal, small business, or corporate taxes, or negotiating IRS tax debt, if you are not already using a professional Tax, Accounting, and IRS Representation firm, you most likely have missed out on major tax benefits. This is because a professional tax and accounting firm utilizes licensed professionals such as Certified Public Accountants (CPAs), EAs and Attorneys, who can not only advise individuals on personal financial matters but who can also advise businesses and corporations of all sizes and types. Tax laws are complicated, and no one knows everything. Torchlight Tax is a team and any one of our tax pros can call on other EAs, CPAs, and Tax Attorneys in the team who may have specialist knowledge in a specific area of tax.
When doing current taxes, we often come across missed tax savings from prior years. When this happens, the Internal Revenue Service allows you to amend your taxes and lower your tax liability. Whether you or your prior tax preparer missed a W-2 or 1099, a revised 1099. Large charitable donations, or made some other error, amending your tax return can help you recover the money you are rightfully owed. When we find this situation, we will advise you on potential savings and amend the previously filed tax return.
Sometimes, there may be a situation where a tax return could be amended, but it is too late to receive any benefit, or maybe you made an error that was missed by the IRS that would have increased your tax liability. In some cases, it is prudent to file an amended return. But if it is not necessary and will not save you any money or decrease your risk, we will tell you not to bother. It is silly to amend a return to no advantage, which is too old for the IRS to audit. Some firms might file a bunch of unnecessary tax returns and charge a fee. Sometimes a taxpayer himself might increase his tax liability by filing an unnecessary amendment that increases his tax liability. We will not do this.
Amending a tax return requires more professional acumen then doing it right in the first place. At Torchlight Tax, we do file the tax return correctly the first time, and we will happily amend your tax return, but only if it actually is to your benefit. If you think you might need to amend tax returns, contact Torchlight Tax for a free consultation.