About Us
CS Accounting & Tax Services provides a variety of accounting, bookkeeping, payroll, tax and other financial services to individuals, small businesses and their owners.
We help provide outsourced services or will teach a business owner what they need to do and then be available as a resource to them.
The products and services we offer
Recommendations Received (36)
"Matt is so knowledgeable and able to share tips from a broader perspective, then able drill down..."
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"Matt is so knowledgeable and able to share tips from a broader perspective, then able drill down to explain the impacts. Easy to speak with and very approachable. Give him a call! "
"Matt's friendly and on-top-of-it approach is refreshing. He is very supportive and genuinely..."
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"Matt's friendly and on-top-of-it approach is refreshing. He is very supportive and genuinely cares about his clients!"
Products & Services
We can help businesses and individuals learn how to prepare a budget for themselves.
We provide a variety of accounting, bookkeeping, payroll, tax and consulting services to small businesses, non-profits and individuals.
Thinking of forming a new business entity or even starting a charitable organization? We can help.
Recommendations Given (31)
"Nainoa cares about taking care of small businesses who need help keeping their books in order."
"She cares about what she does and her clients and strives to take great care of them."
Recent Activity
I'm going to echo what I see a few others commenting on. The IRS will tell you what you need to do (sometimes). They will not necessarily tell you how to lower your tax bill. That's not their job. That's why its so important to find a good company with experience in legal tax avoidance...
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I'm going to echo what I see a few others commenting on. The IRS will tell you what you need to do (sometimes). They will not necessarily tell you how to lower your tax bill. That's not their job. That's why its so important to find a good company with experience in legal tax avoidance strategies. Tax evasion is illegal. Tax avoidance by using existing rules is not. That may be a CPA or an Enrolled Agent. Yes it will cost you money to learn. The CPA or EA is not being greedy, they are small business owners too. And if I charge someone $1,000 to educate them and get them setup right and it saves them thousands of $$ of higher taxes and avoidable penalties I would say that is a reasonable return of your investment.
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Not worried in least, unless its for government over reaction and stifling businesses from recovering. Let the marketplace determine where people feel safe to go to and when they feel safe to do it. Government and media stay out of the way.
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Not worried in least, unless its for government over reaction and stifling businesses from recovering. Let the marketplace determine where people feel safe to go to and when they feel safe to do it. Government and media stay out of the way.
If you are a single member LLC and the owner you are not allowed to get a paycheck according to IRS rules. You can make an election to be taxed as an S Corporation to get a paycheck, but that brings new costs with it that need to be compared to the tax savings.
You could possibly lease yourself...
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If you are a single member LLC and the owner you are not allowed to get a paycheck according to IRS rules. You can make an election to be taxed as an S Corporation to get a paycheck, but that brings new costs with it that need to be compared to the tax savings.
You could possibly lease yourself from a PEO organization, but no tax savings and actually higher costs than doing it in house.
We're a QuickBooks shop and run payroll using QuickBooks and its great.
As I scroll through the various answers I see quite often a desire to see the staff names and their bios.
For those who may be looking for that and not seeing it, just a word of advice, that's a security risk to list your staff names and contacts. CPA and tax prep firms are high value targets...
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As I scroll through the various answers I see quite often a desire to see the staff names and their bios.
For those who may be looking for that and not seeing it, just a word of advice, that's a security risk to list your staff names and contacts. CPA and tax prep firms are high value targets for those looking to get into a network. I purposely do not list team members and yes that does not tell a prospective client how large we are. It also limits the ability of those trying to access your system by contacting staff who may not be as security aware as they should be.
We've noticed that pretty much all scams come to my email vs the rest of the office so that gives me the ability to pick and choose who to respond to if you are an unknown contact.
So just putting that out there for consideration of those who want all contacts and bios listed on a CPA firm website that its a huge security risk.
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#1, talk to your accountant. #2 - depends on your business structure and are you just owner or owner/employee? That kind of info will be on your PPP application and very important to know. PPP was designed for payroll as its primary use. If you use it for other unapproved uses it may not be...
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#1, talk to your accountant. #2 - depends on your business structure and are you just owner or owner/employee? That kind of info will be on your PPP application and very important to know. PPP was designed for payroll as its primary use. If you use it for other unapproved uses it may not be forgiven and need to be paid back. EIDL is more designed for other expenses, if you can get that approved.
yes and it was a somewhat different approach depending on the bank even though the SBA application itself was the same. Some banks asked for nothing more than copies of Form 941, others required articles of incorporation and that slowed the process and caused the small business to miss the...
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yes and it was a somewhat different approach depending on the bank even though the SBA application itself was the same. Some banks asked for nothing more than copies of Form 941, others required articles of incorporation and that slowed the process and caused the small business to miss the window of opportunity. As our banker told us, the burden of proof for an accurate application is on the borrower not the bank for these particular loans so there appears to be no reason for the extra burden on the client than the bank's own internal burdensome regulations. I have a feeling those banks are going to lose customers as word gets out how certain smaller local banks were easier to work with.
If its a timing issue, i.e. waiting on collection or payment from customers and that is likely to be received soon, then this is why business lines of credit were created. You tap into that for a short period of time and then you repay it (very important) when those funds arrive. The cost of...
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If its a timing issue, i.e. waiting on collection or payment from customers and that is likely to be received soon, then this is why business lines of credit were created. You tap into that for a short period of time and then you repay it (very important) when those funds arrive. The cost of borrowing might be less than the cost of penalty and interest for not paying payroll taxes for example and you never ever want to not pay your payroll taxes. The government takes a hard line on this as they should.
The best time to apply for a line of credit is when you do not need it which is why so many small business owners do not have one.
Once you need the funds you probably won't qualify. A LOC is not a long term solution. If you have more expenses than income, that's another problem and you need to bring in more income, reduce costs or combination of both, or maybe realistically look at the business and if it should shut down to avoid going deeper into debt.
Call the state unemployment office to verify if you really can or cannot since they have the final say and have a record of what you did or did not do.
If you opted out of paying SUTA, then probably cannot collect.
If you did pay SUTA, possibly you can collect.
See #1.
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Call the state unemployment office to verify if you really can or cannot since they have the final say and have a record of what you did or did not do.
If you opted out of paying SUTA, then probably cannot collect.
If you did pay SUTA, possibly you can collect.
See #1.
Lots of good answers and requests for services, but speaking as a CPA who also does bookkeeping, payroll, tax returns and is a financial advisor, for those who want more services, my suggestion is make sure you spend time with your CPA or advisor and give them useful information. Its not...
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Lots of good answers and requests for services, but speaking as a CPA who also does bookkeeping, payroll, tax returns and is a financial advisor, for those who want more services, my suggestion is make sure you spend time with your CPA or advisor and give them useful information. Its not uncommon to hear that a small business owner wants these things but when asked how much they are willing to pay for the time it takes to provide it, the answer is usually not much you're on a budget.
While we know sources of income are not unlimited, CPAs do not walk on water nor are we mind readers. If you want useful information, be prepared to give useful data. If 15 minutes of advice saves you thousands of dollars of cost or helps you avoid thousands of dollars of penalties do not complain when you get your invoice and thought you were getting pro bono advice since "it was only a few minutes" or "just a quick question".
Those who don't value the advice given are not high on the list to receive new advice as there are only so many hours in the day to try and help as many people as can be helped. As others notes, be proactive especially before the year is over so that some tax planning can occur rather than wait until its tax season and then its too late to do very many things.
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