You have a vision for your business. It takes into account where you've been, your goals for the future, and your current strengths, challenges, opportunities, and problems. Your plan is clear.
When it comes to navigating the complex landscapes of business tax planning and preparation, the path probably feels murkier. Wading through every tax implication and financial decision is overwhelming.
The tax code is only growing more convoluted, and you have a business to focus on. The right accounting firm can be your guide, showing you the best way through and getting you safely where you want to be. Before you search for "business accounting services near me" and hope for the best, think about what you need and whether a typical accounting firm can provide that.
At BGW, our goal is simple. We use a client-focused approach that prioritizes knowing our customers and understanding their priorities. With that, we can proactively help you arrange your personal and business financial affairs. If an accountant is reacting to a tax issue, as far as we are concerned, they've already failed. We stay in frequent contact, getting updates about changes in your business so we can see what's coming and help you adjust accordingly. That's where we leave other CPAs behind. And where we earn client loyalty and satisfaction.
You've never worked with an accounting firm like us because there is no accounting firm like us. If you’ve ever asked yourself the following questions, we can help.
Could My Company Be More Efficient?
Like most businesses, you probably have multiple accounts, transactions, and statements. Keeping track of everything can feel like herding cats in the dark during a hurricane. BGW's team of CPAs will corral the chaos.
With our help, your documents will be systematically categorized and organized. That makes your business more efficient. It also improves tax accuracy and prevents critical information from being overlooked. You'll understand what's important, what's trash, and what needs to be tucked securely away, just in case.
You can't afford to be disorganized when a misfiled document or a miscategorized expense can mean trouble on Tax Day. BGW will help you be systematically organized for more efficiency and better accuracy.
Is My Company at Risk for Tax Penalties?
We will do everything legal to minimize your tax liability. That saves you money come tax time, which is a welcome benefit in and of itself. But it doesn't stop there. When you pay less in taxes, you're decreasing friction between your business and tax collectors. There are no winners in tax disputes. Even if you triumph on the issue, you've wasted precious time and lost sleep due to concerns about audit outcomes. Instead of spending those hours on your business, you are wasting them on litigation.
Our deep professional understanding of business taxes ensures that you stay on the right side of the tax code. That means your time and focus stay where they should be: growing your business.
By mitigating the risk of litigation, we allow you to sleep easier at night.
Is My Company in Sync with the Latest Tax Code Updates?
The tax code can feel like an earthquake. You can never quite get your footing, and the earth around you constantly shifts and changes. Even if it remained entirely static, the tax system is full of complex, convoluted language, connections, and exceptions. Add to that ever-evolving rules and shifting limits. It's too much for anyone to keep track of on their own, especially when trying to run a company. We know you have far more critical things to do than read up on the latest changes to the tax code.
Our team understands tax complexities and updates, so you don't have to. We stay on top of changes and reach out if an impending modification to the rules will affect your business. From there, we can strategize and decide on the best path forward for your company. We help you adapt your plan to remain optimized in the face of IRS changes. Because we get to know your operations, we can spot possible conflicts or areas where a rule change may cause friction. We advise you on a plan so the effects of tax-policy change never trip you up.
Unlike with other tax firms, when you partner with BGW, you won't be caught flat-footed and budget-blown because your old strategy doesn't mesh with the current rules. We look for tax code updates and then look out for our clients by ensuring their plans adapt to the latest tax landscape.
Could My Money Be Doing More for Me?
Maximizing tax deductions and credits doesn't just reduce your tax obligation. It frees up working capital you can use to grow your business or generate income. Our comprehensive tax strategies provide funds you can use to kick your business's growth into overdrive. It's not just about keeping more money in your hands overall (though we do that, too). It's about ensuring you have access to those funds when you need them.
Our leadership team members have all started, run, sold, or turned around at least one business. We understand the importance of having money available to invest, grow, improve, and sustain a company. We keep more funds in your accounts. That means you can reallocate what would have gone to taxes and use it to move your company forward.
Is There Just One Firm That Can Take Care of All of My Business’ Financial Needs?
Sure, we talk a great deal about taxes. They are at the core of what we do for businesses. But they are far from the only service we offer your company. Among our employees, we have a depth and breadth of knowledge that goes well beyond the IRS and tax code. Whatever your business's accounting needs, we have a team member who can service them:
- Tax experts
- CPAs
- Bookkeepers
- Wealth planners
- Mergers and acquisitions experts
- In-house tax attorney services
- And more areas of expertise.
We won't just be your business tax accountant. We will serve all your accounting needs. Our business accounting services in Charlotte, NC ensure we're intimately involved in your business. We address important topics throughout the year through direct, one-on-one meetings with you and educational events. Beyond just doing your taxes, we help your company thrive.
Do I Have a Sound Strategy for Future Financial Growth?
Of course, we will help with your business's everyday tax planning and compliance. But there's so much more we can do. Our tax-planning services go well beyond the typical accounting responsibilities.
Have you considered estate and gift tax planning? You've worked hard to build a business and want to ensure your heirs benefit from your legacy. With thoughtful planning and forward-looking strategies, you can leave more of your estate to your loved ones. We can help you do that.
Your tax plan will optimize your accounts for today's tax picture. But what happens when the tax code changes, as it does every year? We can run through "what-if" scenarios to help you prepare for possible changes. This forward-looking approach means you don't get painted into a corner, unable to react when the rules shift around you. It also allows you to understand potential future vulnerabilities. This analysis will enable you to move forward more confidently, knowing you can handle whatever the IRS throws your way in the future.
Business growth is rarely a straight line. It usually holds more surprises than Forrest Gump's box of chocolates. You may have been planning for a chocolate cherry, only to bite into a nougat. That's not a bad thing, but it is a surprise. Perhaps you had a five-year plan to sell your company, only to come across an irresistible acquisition. You decide to forge ahead. Or a competitor makes an unexpected offer you can't refuse. You opt to sell. These significant transactions have significant tax consequences that can eat up your equity if not handled correctly. BGW will strategize with you when life’s surprises hit so you don't have to stress.
Non-profit tax questions? Qualified business income? Section 179 deductions? Bonus depreciation? Yes to all of them. In over three decades of business, we've handled almost anything you can throw at us. We have the experience to handle your situation, maximizing profitability and compliance.
If you want a business accounting services team in Charlotte, NC to proactively help you arrange your financial affairs and minimize taxes, look no further. We ensure our clients save money, make money, stay out of trouble, and have funTM. You probably aren't getting that from your run-of-the-mill accountant. You want something different. You want BGW.
