Ideal Accountax Services, LLC is a full-service accounting firm located in Brooklyn, New York, and Philadelphia, Pennsylvania. We provide expert services in Financial Statement compilation, Bookkeeping, QuickBooks implementation and training, Tax preparation, auditing, financial counseling, and many other accounting services.
Our clients include individuals as well as small businesses in diverse industries such as Construction, Hospitality, Retail and Not-For-Profit organizations throughout the New York, Pennsylvania and their tri-state areas. At Ideal Accountax, we understand that our success depends on the satisfaction of our clients and we go the extra mile in making sure that we provide the best services at affordable prices. We have developed a reputation for professional excellence through the high quality of services we perform for our clients.
Certified QuickBooks Pro Advisors
Expertise in Taxation and IRS Regulations
Comprehensive Bookkeeping and Payroll Services
Specialized Services for Non-Profits and Immigrants
Remote Services Available Nationwide
Services
Personal/Individual Taxes
Tax preparation and planning for individuals, including individual tax returns and ITIN services.
Business Taxes
Tax preparation and planning for businesses, including partnership and corporate returns.
Corporation Taxes
Specialized tax preparation and planning for corporations, including corporate tax returns.
Non-Profit Taxes
Tax preparation and planning for non-profit organizations, including 501(c)(3) tax-exempt status.
Individual Tax ID (ITIN)
Assistance with obtaining and managing Individual Taxpayer Identification Numbers.
Business Registration
Guidance and assistance with registering a new business entity.
Credentials & Certifications
Chartered Accountant (ACA)
Since N/A
MBA
Since N/A
Certified Public Accountant (CPA) - Virginia
Since N/A
Enrolled Agent (EA) - IRS
Since 2003
QuickBooks Pro Advisor
Since 2005
Reviews
Rating
4.6
★★★★★
Reviews
11
"Very patient, professional, and easy to work with."
Frequently Asked Questions
Do I need to pay estimated tax on my self-employment income? +
Unlike employee wages, earnings from self-employment typically do not have taxes withheld. As a result, many self-employed people face IRS penalties for not paying enough estimated tax throughout the year. It is advisable to consult with a tax professional to determine if you need to make estimated tax payments based on your specific income and deductions.
What are the tax implications for non-profit organizations? +
Non-profit organizations, particularly those with 501(c)(3) tax-exempt status, have specific tax filing requirements. They must file Form 990 annually with the IRS and may be exempt from federal income tax. However, they may still be subject to certain taxes, such as excise taxes and unrelated business income tax. Consulting with a tax professional is essential to ensure compliance with all applicable regulations.
What services does Ideal Accountax offer for small businesses? +
Ideal Accountax provides a comprehensive range of services for small businesses, including bookkeeping, payroll processing, tax preparation, financial statement compilation, QuickBooks implementation and training, and business registration assistance. These services are designed to support small businesses in managing their financial operations efficiently.
Can Ideal Accountax assist with immigration-related tax matters? +
Yes, Ideal Accountax offers assistance with immigration-related tax matters, including guidance on tax obligations for immigrants, preparation of tax returns for green card holders and visa holders, and support throughout the immigration process to ensure compliance with tax laws.
What is the process for setting up a corporation with Ideal Accountax? +
The process for setting up a corporation with Ideal Accountax involves defining the corporate purpose, drafting articles of incorporation, filing the articles with state authorities, creating bylaws, and holding an organizational meeting of directors and shareholders. Ideal Accountax guides clients through each step to ensure compliance with legal requirements.
4.6
