- (714) 710-3424
- Jason@ValianteTFM.com
- Mon - Fri: 9:00 AM - 5:30 PM
BUSINESS SERVICES
ACCOUNTING, BOOKKEEPING, CONSULTING, PAYROLL
Accounting Bookkeeping
- Have you ever fallen behind on your Bookkeeping causing you to file an extension on your Taxes?
- Do you feel Bookkeeping is something you can’t afford or is too expensive?
- Is your business growing, but you are not sure if you’re retaining cash, or making the money you should be, especially for all the hours you put in?
Many small business owners have trouble finding time to keep up on their accounting causing them to fall behind and spend hours trying to catch up, when this time should be spent on what we call high dollar activities, such as: business planning, marketing, improving the efficiency of sales and other revenue producing efforts. Sound like you?
Bookkeeping is an important component of one’s business and if current accurate financials are not being produced and analyzed, then the owner cannot see the story their business is trying to tell them. How do you know if you’re achieving your goal, if your have nothing to measure?
With Valiante Tax and Financial Management alongside of you, we will help Business owners better manage their cash more effectively and their profit margins too. We’ll be keeping up on your books rather than falling months behind, which will help protect you against any unauthorized transactions or checks by contesting the bank in a timely manner. Far too many business owners use Bookkeeping only input income and expense JUST to prepare their Tax Return at year end. There’s the TRUTH!
What we do, at Valiante Tax and Financial Management, is free up time for higher dollar activities, by keeping your accounting up to date, producing monthly financials (income statement, balance sheet, and statement of cash flows), analyzing the reports to help you better manage expenses, tracking your income, and provide you guidance to improve your business decisions. We use a coaching/ managerial accounting prospective to help your business grow. Makes sense, right?
With the fast pace of business technology, it has given people 24/7 accessibility All-The-Time, which results in much longer hours for owners running their business and getting overworked and losing sight of their real goals. We help business owners stay accountable by refocusing them on their WHY, their target markets, better managing their time on those strategic things rather than the tactical, and helping them build the steps between where they are today and their goals for tomorrow’s success! Now that’s a Plan to Succeed!
Business Tax Prep
Since Taxes come each year… Your tax situation will likely change over the years and so do the complicated Tax Laws, which makes Income Tax Preparation a daunting task for individuals and businesses alike. Your head can spin with the different types of Entities and their Tax Returns. We’ve summarized them for your below:
Sole Proprietorship
Most self-employed individuals who have not set up a Corporation or LLC are a Sole Proprietorship, which is treated as a pass-through entity, the business income is reported on the owner’s personal tax return. This is done using IRS Form 1040, Schedule C.
Partnership
A Partnership is the relationship existing between two or more persons who join to carry on a trade or business. A Partnership must file an annual information return on IRS Form 1065 to report the income, deductions, gains, losses, etc., from its operations, but it does not pay income tax. Instead, it “passes through” any profits or losses to its Partners. Each Partner receives a K-1 reporting their portion of the profits and losses of the Partnership on their personal income tax.
S-Corporation
An S-Corporation does not pay Corporate income taxes, yet it is required to file IRS form 1120 S income tax return. An S-Corporation must issue each Shareholder a K-1 showing their share of any business profits or losses. Each Shareholder reports their portion of the profits and losses along with any compensation they have received on their personal income tax return.
Limited Liability Corporation
Multiple member LLCs must issue each Member a K-1 and file an information return on IRS Form 1065 to report profits or losses of the business. Each Member must then report their share of any profits or losses by filing the K-1 with their personal income tax return. The income of a single Member LLC is reported on Form 1040, Schedule C of the member’s personal income tax return.
Corporation
A Corporation must file a Corporate tax return on IRS Form 1120. Unlike with other business structures, the profits and losses of a Corporation are taxed directly and do not pass through to be claimed on the personal tax returns of the Owners.
Payroll
Are you tired of your Payroll Provider calling to sell you HR Services, Employee Benefits, Insurance Services, and even 401K? We hear this all the time from Clients. With Valiante Tax and Financial Management payroll is what it needs to be “Paying your employees and staying compliant on payroll returns and taxes.VTFM Services Summary:
- From advanced online technology to attentive payroll professionals, you won’t have to worry about payroll any longer.
- Full-featured online payroll for your business.
- Your payroll will be processed, and your payroll taxes filed and paid in just minutes.
- Enter your payroll in a few simple steps — anytime, from anywhere.
- Calculate wages and deductions.
- Deduct, file and pay all Federal, State and Local payroll taxes automatically.
- Pay your Employees by direct deposit or print checks yourself.
- Providing you with comprehensive online reports that you can easily access.
- Keep up with changing tax laws to help you avoid costly IRS fines.
Why Us?
Why Pay More for Traditional Payroll Providers?
With Valiante Tax and Financial Management’s comprehensive solution, it is simple, and our pricing structure is easily understood.
There are no hidden fees or add-on costs. The best part is we don’t charge per payroll run it’s one FLAT RATE and you can run payroll once per month, bi-weekly, or even weekly ALL FOR THE SAME PRICE!
With Valiante Tax & Financial Management, you can:
- Easily preview your payroll online before you process, so you know it’s accurate.
- Access your payroll reports online and export them into a file format that best suits your needs.
- Use our comprehensive online help or talk to a friendly, U.S.-based payroll expert.
Valiante Tax & Financial Management provides your Employees with:
- The option for direct deposit or manual checks.
- Email notices to let them know exaclty when they’ve been paid.
- Secure online access to their individual pay stubs and payroll history
Business Consulting
- Increasing your Business Profitability
- Improving your Cash Flow
- Enhancing your Operations
- Identification and Management of your (KPI’s) Key Performance Indicators
- Collaboratively building your Company’s purpose and business plan.
We come alongside small business owners and help them improve their overall business fundamentals. Professional athletes constantly work on their fundamentals to improve their performance.
At Valiante Tax & Financial Management, we believe that business is no different.
With success being 20% skill and 80% mental, the biggest competition most business owners face is not the competitor, it is themselves. Right?
We start with the basics and build your foundation. Remember the house built on sand does not stand when the rain comes and the wind blows it crashes down, but the house built on the rock has a strong foundation when the rain comes, and the winds blow it does not fall.
If you are looking to grow your business by increasing profitability and improving cash flow, then Valiante Tax & Financial Management would love for you to schedule a free consultation with us. You will be glad you did!
W-2’s, 1099 Misc, and 1099 NEC Forms
Any person who is engaged in a trade or business, which includes an Individual, Sole Proprietorships, Partnerships, Corporations, an Estate or Trust, whose reportable transactions meet certain requirements, must report this information to the Internal Revenue Service.
One of the the things we see missed by Small Business Owners and Individuals is failing to issue a 1099 Non-Employee Compensation Forms to Independent Contractors whom you paid over $600 to in a year.
These forms must be issued to those who operate as a Sole Proprietorship, LLC, or a Partnership. You do NOT need to issue a 1099 Miscellaneous to a C Corps or S Corps. These forms are due to be provided to those individuals by January 31st each year for the previous Calendar Year.
Valiante Tax & Financial Management helps Companies file their W-2’s, 1099 Non-Employee compensation, 1099 Rents, 1099 Dividends, 1099 Interest, 1099 C cancellation of debt, etc.
Wondering if you need to file a 1099 or our help to create and file them for you?… Just give us a call @ (714) 710-3424. We will gladly help you.
California Registered Agent for Services
If you are considering starting a business or already have a business as a Corporation or LLC one small formality is, you’ll need a Registered Agent.
A Registered Agent can be a person or a company that oversees receiving any important legal and tax documents on behalf of your business, including the ever so important statement of information from the California Secretary of State.
If you have ever missed filing this on time, then you know that this penalty is expensive.
Valiante Tax & Financial Management is affordable and reliable as a Registered Agent, and keeps your LLC and Corporation compliant with the State.
Call us @ (714) 710 -3424, as we will help you do it right!
WHY YOU SHOULD CHOOSE US TO HELP YOU:
FREE UP TIME
Free Up Your Precious Time for high dollar activities so you can GROW your business.
CASHFLOW
Better understand your cashflow.
IMPROVEMENTS
Improve business and personal financial decisions.
IRS SUPPORT
Relief from IRS Letters and sleepless nights.
