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.â„¢ 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.
Â
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.   Â
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.Â
BOOKKEEPING
Most businesses have office accountants or hire a bookkeeper to handle their books of accounts. At Karla Dennis And Associates, Inc.â„¢, 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. â„¢, 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
How To Deduct Medical Expenses In 2022
November 9th, 2022 TOPIC: Medical expenses  This guide will educate you on how to deduct your medical expenses. This blog post will also list what medical expenses you can deduct and when you can deduct them.   If you like guides like this, feel free to follow us on social media and subscribe to our email list to get updates on when a new blog drops!  Can [...]
How To Claim Premium Tax Credit In 2022
November 2nd, 2022 TOPIC: Taxes  This guide will educate you on Premium Tax Credits. This blog post will describe how the tax credit works and how you can use it for your benefit. If you like guides like this, feel free to follow us on social media and subscribe to our email list to get updates on when a new blog drops!  What Is Premium Tax Credit? [...]
How To Claim Child and Dependent Care Tax Credit In 2022
October 26th, 2022 TOPIC: Child and Dependent Care Tax Credit  This guide will educate you on the Child and Dependent Care Tax Credit. If you have a child or someone disabled at home, you might be eligible to receive this amazing credit. If you like guides like this, feel free to follow us on social media and subscribe to our email list to get updates on when a [...]
How To Save On Taxes When Owning Pets In 2022
October 19th, 2022 TOPIC: Pet Tax Write-Offs This guide will teach you how to save on taxes when owning pets. If you or someone you know owns a pet, they can receive tax breaks if their pet meets certain criteria.  If you like guides like this, feel free to follow us on social media and subscribe to our email list to get updates on when a new blog [...]
The Comprehensive Guide: Adoption Tax Credit In 2022Â
October 12th, 2022 TOPIC: Adoption Tax Credit  This guide will educate you on the adoption tax credit and how to qualify for it. If you are considering adopting a child, this guide can help make the adoption process more affordable. If you like guides like this, feel free to follow us on social media and subscribe to our email list to get updates on when a new blog [...]
The Full Guide: Solar Investment Tax Credit In 2022Â
September 28th, 2022 TOPIC: Solar Investment Tax Credit  This guide will educate you on Solar investment tax credits. If you own a home and want to find out how you can get paid by the IRS for installing eco-friendly devices in your home, this blog is for you! If you like guides like this, feel free to follow us on social media and subscribe to our email list [...]