Our Services:
Bookkeeping and Consulting
At Holbrook Accounting, we are committed to serving the local and international business communities by providing them with the critical services they need to succeed. Too many business owners are distracted from growing their business by administrative tasks and the need to comply with regulations. Let us help you track your profitability, cut costs, and free your time to focus on what you are good at.
We can help with:
- Rapidly forming a corporation or partnership
- Obtaining an Employer Identification Number
- Tracking your income and expenses
- Protecting your intellectual property with trademarks
- IRS audit representation
- Filing all relevant state and local tax forms throughout the year
- Closing your business and selling off business assets
Read more about Bookkeeping and Consulting
Payroll Services
Paying yourself and your employees properly is an important part of complying with IRS regulations, and it allows you to pay your taxes in smaller pieces throughout the year. However, the tax reporting and deposit requirements can be an administrative challenge. We offer electronic payroll processing services at a reasonable cost so that you can off-load this time consuming process.
- Employee paychecks and direct deposit
- Automatic tax withholdings
- Federal 941 electronic quarterly payments and filings
- Federal 940 unemployment filing
- State unemployment payments and filings
- Annual W2/W3
- Form 1099 filing
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Tax Preparation
Our team has the credentials to handle the most complex individual or business tax situations. We specialize in preparing taxes for those involved with investments, real estate holdings, self-employment activities, and a variety of business structures. We also help with year-round tax planning so that you are well positioned for tax season.
Business Taxes
- C-Corps
- S-Corps
- Partnerships/LLCs
- Trusts
- Foreign-Owned Entities
Personal Taxes
- File Electronically
- Take advantage of all available credits, including the Earned Income Credit
- Direct deposit of your refund – option to deduct your fee from the refund
- Obtain an Individual Tax Identification Number (ITIN)
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Services for Non-US Residents
Non-residents and resident aliens have special requirements related to tax withholding, payments, and reporting. Foreign owners of businesses in the U.S. have to comply with additional IRS regulations. Citizens and residents of other countries may be affected by tax treaties with the U.S., and must be careful to avoid double-taxation.
Here is a sample of relevant tax forms:
- Form 1040NR, U.S. Nonresident Alien Income Tax Return
- Form W-7, Application for Individual Taxpayer Identification Number
- Form W-8BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding
- Form W-8ECI, Certificate of Foreign Person’s Claim The Income is Effectively Connected With the Conduct of a Trade or Business in the United States
- Form W-9, Request for Taxpayer Identification Number and Certification