7 Ways a Tax Professional Can Boost Your Business

A great tax professional does far more than file returns. With proactive planning, clean books, and cash-flow clarity, you’ll make faster decisions and avoid costly surprises. At Henriquez Accounting & Tax Services, we align monthly bookkeeping with quarterly tax projections and year-end filings—so your business stays confident, audit-ready, and profitable. Explore Bookkeeping, Tax Preparation, and Controller/CFO Advisory.

Proactive Planning Audit-Ready Owner KPIs

Turn your books into decisions—monthly closes, quarterly projections, and on-time filings.

7 Ways a Tax Pro Boosts Results

• Entity & compensation strategy: choose/adjust LLC, S-Corp, or C-Corp; model reasonable comp vs. distributions.
• Maximizing deductions & credits: home office, vehicle, depreciation/bonus, retirement plans, and industry-specific breaks.
• Accurate quarterly estimates: safe-harbor targets with vouchers and due-date tracking to avoid penalties.
• Clean, audit-ready books: reconciliations, tie-outs, locked periods, and documentation that stands up to scrutiny.
• Sales & payroll tax compliance: registrations, filings, and mapping (including marketplace facilitator rules).
• Cash-flow forecasting: 13-week view, AR collections cadence, AP batching, and budget vs. actual reviews.
• Year-round advisory: pricing, KPIs, and scenario modeling—not just “see you next April.”

Service Cadence (Month–Quarter–Year)

Monthly

• Reconcile bank/credit/merchant; clear Undeposited Funds & Merchant Clearing.
• Deliver P&L, Balance Sheet, Cash Flow, and KPI snapshot.
• Sales/use tax filings (where applicable) and W-9 collection for 1099 readiness.

Quarterly

• Tax projections & vouchers; payroll and S-Corp compensation checks.
• Budget vs. actual; pricing/margin tune-ups; 13-week cash refresh.

Annually

• Business returns: 1120S/1065/1120; sole proprietors: Schedule C.
• Owner return coordination (1040) and 1099 e-filing.
• Year-end planning: depreciation strategy, retirement contributions, entity changes.

Healthy Signals vs. Red Flags

Healthy Signals

• Written monthly close checklist and prior-period locks.
• Quarterly tax projections included (not upsold).
• Fixed-fee scope with SLAs and secure portal/e-sign.

Red Flags

• “We’ll sort it out at year-end.”
• No portal/MFA; asks for sensitive data by email.
• Unreconciled months; large suspense or “miscellaneous” balances.

Recommended Stack

• Accounting: QuickBooks Online/Desktop.
• AP & spend: Bill.com or Ramp with approvals and vendor management.
• Receipts: Dext/Hubdoc with retention and attachment discipline.
• Payments: Stripe/Square with proper clearing-account treatment.
• Payroll: Gusto, QuickBooks Payroll, or ADP (needs-based).

Pro Tip: Turn on “Close the books” with a password after each month. It prevents drifting reconciliations and preserves audit trails.

What You’ll Get When You Work With Us

• Clean, reconciled books—every month.
• Quarterly tax projections with vouchers and due dates.
• Sales/payroll tax coordination and 1099 workflow.
• Owner dashboard: margins, runway/DSCR, DSO/DPO/DIO.
• Secure portal, e-sign, and responsive support.

Ready to turn tax season into a non-event?

We’ll align monthly books, quarterly planning, and year-end filings so you stay compliant and profitable. Talk to an Enrolled Agent today. Book a 30-Minute Consultation

FAQs

When should I hire a tax professional?

As soon as revenue is consistent or you’re hiring, selling in multiple states, or considering an S-Corp. Early planning prevents penalties and rework.

Will you coordinate with my bookkeeper or CPA?

Yes—we collaborate with your internal/third-party bookkeeper and CPA, or we can handle bookkeeping and returns in-house.

How quickly will I see results?

Typically within one full close cycle (30–60 days): on-time statements, fewer surprises, and tax-ready records.

Do you help with sales tax and 1099s?

We register, file, and reconcile sales/use tax where required and prepare/e-file 1099-NEC/1099-MISC with W-9 tracking.

What documents do you need to start?

Prior returns, bank/credit statements, payroll reports, entity docs, and access to your accounting file (QuickBooks). We’ll send a checklist and secure upload link.