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.

 

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.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. ™.

QUESTIONS ABOUT A TAX ISSUE? ASK OUR EXPERTS.

Book Your Free Consultation

From Our Blog

  • Your Ultimate Guide To Stay On Good Terms With The IRS

Your Ultimate Guide To Stay On Good Terms With The IRS – 5 Examples That Are Not Legal Write-Offs

March 8th, 2022|

Stay On Good Terms With The IRS Taxes are complicated, but they don't have to be. We have to follow the rules to avoid trouble with the law. These rules are in place to protect us and ensure everyone pays their fair share in taxes.  These same rules also offer a way for American citizens to save money on taxes; however, before we talk about that, let me [...]

Tips for this tax season

January 13th, 2022|

Did you know that there are still some key tax transactions you can make to reduce the taxes you owe and put you in a better position when filing your return? We have some tips to help you learn more—and please reach out to our team for additional insights that could save you even more this tax season. Rev up your retirement accounts A key tax-saving move is to [...]

  • An attitude of gratitude 20 things to be thankful for this year

An attitude of gratitude

November 18th, 2021|

An attitude of gratitude 20 things to be thankful for this year   When is the last time you thought about what you’re most thankful for? If you’re like most of us, it was probably last Thanksgiving. But even crazy and chaotic years have their points of light, so here’s a handy list to help prepare yourself in case you’re put on the spot at this year’s Thanksgiving dinner. [...]

  • Gifts and incentives: Know the tax rules and write-offs

Gifts and incentives: Know the tax rules and write-offs

November 4th, 2021|

Whether personal or business-related, the holidays are a popular time to give and receive financial gifts. It's important to keep the tax rules in mind since they can affect both the giver and recipient. We have some information to help you navigate the naughty and nice list for cash and investment gifts (and remember to visit irs.gov for the most current information). As defined by the IRS, gifts include [...]

  • 8 Tax-Saving Tips for Small Businesses

8 Tax-Saving Tips for Small Businesses

September 25th, 2021|

Tax-Saving Tips for Small Businesses Personal taxes can be complicated. Business taxes can be even more difficult. If you own a small business, tax time can be challenging. The livelihood of any company is at least partially dependent on its ability to minimize its tax liability while meeting the requirements of the IRS. While taxes are rarely enjoyable or interesting topics, they’re a part of any business owner’s life. [...]

  • Future Business Trends

Future Business Trends

September 16th, 2021|

The past year has been a whirlwind for everyone, particularly businesses impacted by COVID-19. While it's been a challenge to adapt and navigate through so many uncer­tainties and changes, the pandemic has also brought new and exciting opportunities for businesses willing to adapt. Here are some key business trends to be aware of as you work to optimize business results in this new environment. E-commerce is booming  While online [...]