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Your Compliance Playbook

Navigating the complexities of tax compliance and preparation can be overwhelming, but with Credence Tax Services, you don’t have to face it alone. Our comprehensive suite of compliance and tax preparation services is designed to guide individuals, businesses, and organizations through the complex board of compliance. Every move here is strategically planned for success.  Whether you’re setting up a new business, managing payroll, or navigating tax compliance, our tailored services provide the clarity and support you need to stay ahead of the competition.

Comprehensive Tax Preparation Services
We handle all aspects of individual and business tax returns, ensuring compliance with IRS regulations and identifying every eligible deduction and credit to maximize your refund. Whether you have a straightforward return or a complex financial situation, we provide personalized attention to get it right the first time.
  • Individuals 

  • Itemized Deductions

  • Capital Gains/ Loss
  • Sole Proprietorships
  • Partnerships
  • S Corporations
  • C Corporations
  • Nonprofits
  • Trusts and Estates
Business Formation

Your opening move is crucial. We help you establish your business with a strong foundation by:

Selecting the Right Entity:

Choose from LLC, S-Corp, C-Corp, or Partnership structures based on your financial goals and operational needs.

EIN Application:

 Secure your Employer Identification Number (EIN) for tax and banking purposes.

State and Federal Registration:

Ensure proper registration and obtain necessary licenses and permits to operate seamlessly.

Operating Agreements:

Draft agreements that protect your business and ensure clarity among stakeholders.

BOI Reporting (Beneficial Ownership Information)

New regulations demand transparency. Our BOI reporting services help you:

Identify Reportable Information:

Determine which owners, managers, or stakeholders must be reported to the Financial Crimes Enforcement Network (FinCEN).

File Timely Reports:

 Avoid penalties with accurate and timely submissions.

Stay Compliant:

Ensure ongoing compliance as ownership or business details change.

Sales and Use Tax Compliance

Sales tax can feel like a tactical minefield with varying rules across jurisdictions. We help you:

Register with States:

Ensure your business is properly registered to collect and remit sales tax. 

Track Taxable Sales:

 Maintain accurate records to determine what’s subject to sales and use tax.

File Returns Accurately:

Avoid costly errors or missed deadlines with precise filings.

Manage Multi-State Compliance:

Simplify the complexity of operating in multiple states with expert guidance.
Payroll Compliance and Requirements

Keeping your team happy and your business compliant requires a strategic approach to payroll. We offer:

Payroll Setup:

Ensure your business meets federal and state requirements for payroll systems.

Tax Withholding and Reporting:

Accurately calculate and remit taxes for employees.

W-2 and 1099 Issuance:

Prepare and distribute employee and contractor tax forms on time.

Labor Law Compliance:

Stay updated on minimum wage, overtime, and employee classification rules.

Bookkeeping and Financial Management

Accurate bookkeeping is the foundation of every successful business. Our expert bookkeeping services ensure your financial records are always audit-ready and up to date.

Monthly Bookkeeping:

Track income, expenses, and cash flow with precision.

Financial Reports:

 Generate detailed financial statements, including profit and loss reports, balance sheets, and cash flow statements.

Reconciliation:

 Ensure your bank statements match your accounting records, avoiding discrepancies.

QuickBooks Support:

Set up, train, and manage QuickBooks for smooth and efficient bookkeeping.

Audit-Ready Records:

Stay compliant and prepared for any financial review with organized and accurate documentation.

Annual Reports and Business Maintenance

Maintaining your position on the compliance board is critical. Our services include:

Annual Filings:

Prepare and file required reports to maintain your business’s good standing.

License Renewals:

Ensure timely renewal of business licenses and permits.

Corporate Records Management

Keep your corporate documents organized and audit-ready.

Your Winning Strategy Starts Here

At Credence Tax Services, we turn compliance and bookkeeping challenges into opportunities for growth. Let us help you master the game and take your business to new heights.