Tax Services
Get the Help You Need to Reduce Your Tax Burden
Tax Planning
BPX Durango will sit down with you and discuss individual and business tax planning strategies for year to year goals.
Tax Preparation Services
BPX Durango offers all tax preparation services, from simple individual and business preparation to complex corporate tax services, including Partnerships, S-Corporations, C-Corporations and Nonprofits.
Entity Setups
BPX Durango offers professional consultation services to start-up companies as well as established companies looking to restructure.
Audit and Representation services
Including tax court petitions and appeals. Federal, State and local audits inclusive.
Payroll Services
IRemote, business payroll services, specialized for your business. BPX Durango’s highly trained payroll specialists with over 20 yrs of experience ensure’s all payroll compliance requirements are met and reported timely.
When you own an SCorporation, an IRS guideline ensures that S corporations cannot avoid paying employment taxes by distributing profits in a way that avoids these taxes. Courts and the IRS have frequently scrutinized whether compensation paid to shareholders who provide services is indeed reasonable. If deemed unreasonable, it can lead to reclassification of additional distributions as wages, subjecting them to employment taxes and potentially leading to penalties and interest charges for the underpayment of these taxes. Therefore, maintaining thorough documentation justifying compensation decisions is critically important for tax compliance.
Bookkeeping services
Remote, personalized bookkeeping services ensure your business details are up to date, accurate and allow for simple and complex tax strategies to lower overall tax liability for you and your family. A good tax plan starts with comprehensive, accurate books. Call BPX Durango Inc for a consultation to take the burden of accurate books off your plate so you can focus on your skillsets and grow your business.
