We're not your typical CPA firm, we're an outsourced accounting service
Tax services that are customized to enhance your financial strategy and minimize tax liabilities. Trust us for tax preparation, planning, and filing needs to thrive in today's competitive market.
- We create a Comprehensive Tax Reduction Plan
- We clean up your Bookkeeping, Payroll, Accounting & Operations
- We pro-actively manage your S-Corp or LLC salary decisions & tax payments
- We keep your Bookkeeping up-to-date & accurate
Unlock Financial Excellence With Hung CPA Bookkeeping Services!
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HUNG CPA offers numerous benefits to your business, including: Expertise in tax planning, accurate financial reporting, business strategy guidance, audit support, regulatory compliance, customized services, financial insights, time savings, and peace of mind. Investing in CPA services can be a smart decision, especially as your business grows and your financial situation becomes more complex.
HUNG CPA would typically address both personal and business tax needs.
Depreciation, businesses can deduct the cost of significant purchases (like machinery, vehicles, or equipment) over time through depreciation. Business-related travel expenses, including airfare, lodging, and meals, can be deducted.
The deadline for paying taxes is midnight on April 15 in the time zone you are living. Here are the key tax deadlines: April 15 (for income earned from January 1 to March 31) June 15 (for income earned from April 1 to May 31) September 15 (for income earned from June 1 to August 31)
For U.S. citizens and resident aliens living abroad, the tax filing deadline is generally: April 15: This is the usual deadline for filing your tax return. However, if you are living outside the U.S., you automatically receive a two-month extension, moving the deadline to June 15. If you need additional time, you can file for an extension, which can give you until October 15 to file your return. Note that while the extension allows you to delay filing, any taxes owed are still due by April 15 to avoid interest and penalties.
Updating your financial records and books regularly is crucial for accurate tracking and effective financial management. Staying consistent with these updates will help you maintain accurate records, make informed decisions, and be prepared for tax season. Adjust the frequency based on your business size and complexity.
Filing past the deadline, missing out on a potential tax break, or making the wrong choice when it comes to tax deductions.