Tax & Accounting Services
DEE-JAY & ASSOCIATES, INC. provides a wide range of services to individuals and businesses in a variety of industries. At DEE-JAY & ASSOCIATES, INC., we strive to meet each client’s specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Our professional services include:
Tax Services
At DEE-JAY & ASSOCIATES, INC., we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws. We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices.
These services include but are not limited to:
- Corporate Tax Returns
- Individual Tax Returns
- Foreign Investors Tax Returns
- Tangible Personal Property Tax Returns
FIRPTA Preparation / We are FIRPTA Specialists
FIRPTA stands for “Foreign Investment Real Property Tax Act” and was enacted in 1980. This tax law states that when a foreign investor sells a property, the buyer must deduct 15% of the sale price from the foreign seller. The law states that at closing, the 15% must be sent to the IRS within 20 days, unless certain information is sent to the IRS prior to the date of closing (Form 8288-B, application for a withholding certificate). If this is done, then the title company can hold the 15% in an escrow account until the IRS has made a decision regarding capital gains and issues a withholding certificate.
Form W-7 – Application for Individual Taxpayers Identification Number
We are certified Acceptance Agents
Who needs an ITIN? The IRS issues ITIN’s to foreign persons and others who have federal tax reporting or filing requirements and do not qualify for SSN’s. If you do not have a SSN and are not eligible for a SSN, but have a requirement to furnish a federal tax identification number or to file a income tax return, you must apply for an ITIN.
Accounting Services
Providing financial information to our clients in a timely and accurate manner is a commitment we feel cannot be compromised. Meaningful, well organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of effective accounting services including, but not limited to, the following:
- Financial Statements & Sales Tax Returns
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
Payroll Services
Constantly changing federal, state and local laws and tax regulations make payroll management an ongoing challenge for business owners. Our payroll services professionals are well versed on these laws and regulations. We can proactively alert you to material changes that will affect your business and your employees while also keeping payroll running smoothly no matter how large your business and your employee population become.
Sales Tax Services
State and local tax authorities are looking to maximize sales tax collections. We can help you understand and manage your sales tax obligations and prepare sales tax returns in an efficient and timely manner.
IRS Representation
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.
Entity Selection and Restructuring
Your business entity has a large impact on your taxes and other liabilities. From your company’s inception through its growth and development, DEE JAY & ASSOCIATES, INC. can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
Bookkeeping/Write-Up
Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. DEE JAY & ASSOCIATES, INC. can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
Notary Public Services
A notary public can help you to handle various business matters, including witnessing and authenticating document execution and signatures. We offer Notary Public services and are available when you need us.