Tax Services
Everyone knows the date — April 15. The day we make sure we’ve done our duty as citizens and paid our taxes to the US Government. As tax professionals, our staff spends more than 45 hours a year attending continuing education seminars and conferences to be sure that we have the most up to date tax information and requirements. We will put our experience and knowledge to work for you, keeping you up to date about proposed changes and how they might impact your individual/business tax situation.
ABS Bookkeeping & Tax Service will also help you to maximize deductions and credits for both business and individual tax returns, provide guidance on deduction tracking and record keeping requirements, explain the tax implications of having employees versus contractors, and project and plan for quarterly and year end taxes.
Our tax engagements vary in size and complexity. We service individuals, corporations, partnerships, estates, and trusts. We use an in-house computer and cloud based network to minimize your cost, while offering maximum service.
Federal Filings:
- Individual Tax Return Preparation (Forms 1040, 1040NR)
- Corporate Tax Return Preparation (Forms 1120, 1120S)
- Partnership Tax Return Preparation (Form 1065)
- Trust and Estate Tax Return Preparation (Form 1041)
Texas Individual Filings:
- The State of Texas currently has no individual income tax.
Texas Business Filings:
Our work in the Texas business tax arena is vast. We offer a variety of consulting as well as compliance & reporting assistance. We also manage the preparation of the tax reports and payments to assure timely and accurate filings.
- Texas Franchise Tax
- Texas Sales and Use Tax
- Texas Mixed Beverage Gross Receipts Tax
- Texas Mixed Beverage Sales Tax
- Hotel Occupancy Tax
We also manage Texas Sales and Use Tax audits, defend your company’s position before taxing authorities, and perform reverse Sales and Use Tax audits to identify refund opportunities.
Multi-state filings:
We welcome the opportunity to take on multi-state individual tax return filings for our Killeen, Texas based clients! We have experience in all states.