The business entity—Private Limited, LLP, Partnership, sole proprietorship that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
If your business does not currently have accounting staff or if your business is outgrowing its current bookkeeping system, we can provide comprehensive bookkeeping and write-up services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs.
GPS Effective tax preparation and planning can help you to minimize your future tax liability. We can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.
Why not outsource your payroll processing to GPS? All you would need to do is provide us the payroll data and we will give you a viable, confidential and accurate service. You can send your payroll data by Email. GPS then computes the payroll amounts and also does the tax calculation for employer and employee. We then offer you easy to read payroll checks and reports which are then sent to the company via email.
GPS provides different types of reports as per client requirement to know the financial status of the company. Preparing Monthly, Quarterly and Annual Reports.