Services
If you’re looking for a firm that will focus on your individual needs, and always treat you like a client who matters, look no further. Our firm is large enough to offer a full range of professional services, but small enough to give you the individual attention you deserve.
We will thoroughly and conscientiously study your personal situation, and tailor our service and advice to your specific needs.
Tax Problem Resolution
WK Tax Service provides Tax Resolution expertise to individuals and businesses. Tax Resolution services are also known as Tax Problem Recovery, Tax Controversy, IRS Representation, and Tax Problem Recovery. Coming to terms with the government over a tax debt can be a worrisome experience. WK Tax Service helps alleviate the heavy burden felt by the individual or business that owes back taxes by making sure all reasonable and fair avenues are considered before arriving at an arrangement that is a win-win for all parties. When an individual or business owes taxes to the government, WK Tax Service helps the tax payer apply for and negotiate terms for a reduced tax obligation. The objective is to arrive at a tax debt that is manageable by the debtor and acceptable to the government’s tax collectors. Call WK Tax Service to learn more about how to reduce your tax debt in accordance with the law.
Tax Preparation
We understand how the latest federal and state tax legislation and other developments affect you and your business, and we are constantly identifying new ways to reduce federal or state tax liabilities. With respect to estate taxation, by taking proactive steps today, you can ease the way for your heirs during a very difficult time. You should be in compliance with your taxes if you need to file bankruptcy. We can work with your legal counsel to help structure estate and trusts to minimize taxes and ensure the smooth transition to heirs and file all back taxes. We are available to handle all estate and trust tax-related matters, in addition to personal and business tax issues.
Accounting
If your business does not currently have accounting or financial staff or if your business is outgrowing its current accounting and bookkeeping system, we can provide comprehensive accounting, bookkeeping, and payroll services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs. A robust and reliable accounting and and financial system is important for generating reliable and accurate financial reports and monthly, quarterly, and annual financial statements (balance sheet, income statement, cash flow, shareholders equity). With these financial reports, business decisions have a solid basis for choosing one direction over another or purchasing or leasing an asset. Detailed analysis of the financial statements may open up new opportunities to improve management and guide planning and decision making. Financial statements also represent your business to lenders, partners, potential buyers and other interested parties. Financial analysis provides the numbers to support, reject or accept a course of action. Forward-looking analysis and financial forecasting can show how situations may evolve under various scenarios, providing a new dimension to decision making. We will work closely with your key personnel to develop and finalize accurate and timely financial statements. We are ready to provide astute financial analysis to support the continued prosperity of your business.
Payroll
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. Our payroll is geared to meet the needs of small to mid-sized businesses.
Audit & Representation
An IRS or State audit can be an intimidating and complex process. If you or your business face an IRS audit, we can bring to bear years of experience in dealing with tax matters and IRS audit procedures to ensure that you are properly represented when dealing with the IRS and other tax authorities.
Tax Planning
Effective tax planning can help minimize future tax liability. We can help proactively manage personal, business, estate, and trust tax issues, including understanding how upcoming opportunities impact tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities.