Business Services
Smart Tax Solutions for Your Business
Running a business is challenging but filing your taxes shouldn’t be. At Canolism, we specialize in various business tax filing services designed to save you time, reduce your tax liability, and keep you compliant with ever-changing regulations. You can focus on running your business, not churching numbers.
Income Tax
We help businesses of all sizes navigate the complexities of income tax filing with accuracy, efficiency, and compliance. Our service covers everything from preparing and filing federal, state, and local business tax returns to maximizing deductions, identifying credits, and ensuring full adherence to current tax laws. Whether you’re a partnership, corporate, or LLC, we tailor our approach to your specific business structure and industry. Our services include:
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Comprehensive tax preparation and filing
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Strategic tax planning to reduce your tax burden
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Identification of eligible deductions and credits
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Compliance with industry-specific tax laws
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IRS and State representation and audit support, if needed.
Bookkeeping
We provide accurate, organized, and reliable bookkeeping solutions that keep your financial records in top shape. With our meticulous attention to detail, you can focus on running your business while we keep your books balanced and up to date.
Our professional bookkeeping services include:
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Accurate tracking of income and expenses
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Accounting reciliation to ensure records match bank statements
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Preparation of financial statements for clear business insights
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Custom bookkeeping solutions tailored to your industry
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Compliance with accounting standards and tax regulations
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organized recordkeeping for audits and reporting
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Timely updates so you always know your financial position
Sales Tax
We take the hassle out of sales tax compliance including the multi-state ones. Our professional team manages every step - from calculating your sales tax obligations to preparing and filing returns accurately and on time for all applicable states and jurisdictions. We keep up with changing tax laws so you don’t have to, ensuring you stay compliant and avoid costly penalties. Whether you operate in one state or an ecommerce with multi-state sales tax obligations, we tailor our service to fit your business needs, giving you peace of mind and more time to focus on growth.
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Accurate sales tax calculations for all applicable states and local jurisdictions
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Timely preparation and filing of sales tax returns
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Multi-state compliance support for businesses operating in different regions
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Up-to-date expertise on changing sales tax laws and rates
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Custom solutions based on your industry and sales channels
Payroll
Managing payroll can be time consuming and complicated but it doesn’t have to be. Our professional business team are designated to simplify the entire process, ensuring your employee are paid accurately and on time while keeping your business fully compliant with tax laws and regulations.
We offer full-service payroll solutions for business of all sizes, including:
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Timely and accurate employee pay processing
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Direct deposit and pay stub management
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Payroll tax calculation and filings (Federal, State, and Local)
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Quarterly and year-end reporting (including W-2s and 1099s)
With our reliable payroll support, you can save time, reduce errors, and focus on running your business - while we handle the details behind the scenes.