Local Experts Providing Comprehensive Tax, Accounting & Payroll Services
Accurate and timely tax and accounting information and financial services are a necessity for any successful business or personal financial situation. Let the Karla Dennis And Associates, Inc. team provide you with the comprehensive services that will help you achieve your financial objectives.
We offer a full range of services with the expertise you require. When you work with Karla Dennis And Associates, Inc., you’ll benefit from a firm with the highest quality and most up-to-date expertise plus the friendly, local service that has contributed to the success of our clients for years.
We welcome you to review our comprehensive suite of professional services:
STRATEGIC TAX PLANNING
Karla Dennis And Associates, Inc.™ is not your average tax agent whose main purpose is to sell you a business strategy or product. We exist to help business lower their taxes, improve their profit margins, and acquire greater wealth. So, how do we help business owners make greater tax savings and retain more of their capital? Through targeted Strategic Tax Planning Services.
CRYPTO TAXES
More than 10 percent of Americans traded crypto in the last year — if you’re one of them, you’re probably wondering how your trades and other crypto activity will impact your taxes.
U.S. taxpayers are now required to report crypto sales, conversions, payments, and income to the IRS and state tax authorities. Moreover, each of these transactions has different tax implications.
To determine if you owe taxes, look at how you used your crypto in the last year. Transactions that result in a tax are called taxable events. Those that don’t are called non-taxable events.
BOOKKEEPING
Most businesses have office accountants or hire a bookkeeper to handle their books of accounts. At Karla Dennis And Associates, Inc.™, we know that accurate bookkeeping done on a consistent basis has a lot of advantages. Moreover, when it is done properly, it provides businesses with key insights that help business owners make informed decisions proactively.
TAX PREPARATION
At Karla Dennis And Associates Inc. ™, we are committed to offering professional tax preparation services in a personal and friendly manner. Through our personal approach, you can rely on us to provide you with the best tax prep services that are performed by experienced tax professionals who care about saving you and your business money. Our tax experts can identify valuable tax deductions and credits that will help you retain more of your hard earned money.
COST SEGREGATION
Someone said that money does not grow on trees but it could be hidden within the walls of buildings. We designed our cost segregation services with this in mind; to help individuals and companies find how much of their money is hidden within the walls of their properties so as reduce their tax obligations and to free up cash flow.
ENTITY STRUCTURE
Most entrepreneurs dream of running a successful business. In most cases, the plan is usually to come up with an idea, start a business from the idea, get customers for your business, scale up quickly and make a lot of money.
But it doesn’t happen that easily in real life. Running a successful business is no easy task. It requires a lot of effort, without which, a business is likely to fail. However, with a well thought out plan, nothing is impossible. A well-executed plan will set your business up for success by providing you with a road map that you will follow as you build your business.
AUDIT REPRESENT
The IRS is quite thorough in its quest to determine the accuracy of tax returns filed by individuals and business entities. Flagged individuals and businesses have to comply with the auditor’s wishes and when they don’t, they get IRS audit penalties as a parting gift. Such audits take a lot of valuable company time from your business as you will have to collect a lot of records to substantiate each and every entry in your tax return. You will also have to develop a substantial understanding of tax laws for you to stand a chance against the mean auditors from the IRS but you will not have to go through all this trouble if you have experienced tax professionals on your side like those from Karla Dennis And Associates Inc. ™.
From Our Blog
6 Tips to Fight the Mid-Winter Blues
Blah. It’s February. The depths of mid-winter blues. Gloomy days relieved only by the darkness of night. A month made for curling up under the blankets and staying in bed. Sound familiar? I am sure many of you have either seen the news of winter hitting so many states this year, or are experiencing it as you read this. With the pandemic, quarantine, it seems as if 2020 could [...]
Zoom Meetings: 3 Clear Tips on How to Use Zoom to Meet With Clients
One of the most powerful tools used this past year has been Zoom. Whether you're trying to be socially distanced due to Covid-19, or if you're needing to meet clients in another state, having a Zoom meeting can be the answer to your business needs. Zoom is an app that can be used either on your phone or laptop. It is very similar to Google Hangouts, or Skype. However, [...]
What’s the Big Deal with Investing and Taxes? 2 Tips You Need to Know!
If you have been online lately, you've noticed that many people have been investing in different ways, and asking all about investing and taxes. How do they go hand in hand? Is it too risky to invest if I am concerned about my taxes? As an accounting firm, we've been getting this main question: How does investing affect your taxes? Like any other major events or steps, it is [...]
3 Easy Tools to Make Remote Work Less Remote
3 Easy Tools to Make Remote Work Less Remote Now that you’ve been working remotely for several months, how are you feeling about your shared office apps? If you’re still scrambling to put together a set of tools that meet your virtual needs, here are some applications that will go a long way toward making everyone feel like they’re working together as a team…even when you’re not in the [...]
4 Habits to Keep your Brain Healthy
We've all heard of body health, but have you ever heard of keeping your brain healthy? You exercise your body to stay healthy, but how often do you exercise your brain? Research has shown that keeping your brain cells strong and sharp can help lower your risk of developing dementia. Here are four ways to make sure your body’s busiest organ keeps running smoothly. Keep doing. Brain activity stimulates [...]
Special Resolution 2021: Look Outward
Look Outward! Congratulations, we’ve made it through 2020! We’ve proven to ourselves that we’re disciplined and strong! And we appreciate even more what our family and friends mean to us! Does that mean we don’t need to make resolutions this year? Maybe. But it’s always good to have a goal. So, if there’s nothing to resolve for yourself, why not direct your resolutions outward for 2021? It feels good [...]