What taxes does a small business need to file and how often?

Most small businesses file income tax annually, payroll tax quarterly, and sales tax monthly or quarterly-though exact requirements vary by state and industry. We'll help map out your deadlines.

I received a tax notice-can you help fix this?

Yes. We can assist in bringing your business into compliance and communicating with the appropriate tax authorities.

Does tax compliance cover more than just filing returns?

Absolutely. It also includes proper record-keeping, accurate employee classification, and adherence to IRS and state rules year-round.

Tax Compliance & Strategy Consulting - Serving Clients Nationwide

Stay Compliant, Avoid Costly Mistakes

Tax compliance means meeting all your tax obligations accurately and on time-something that can be challenging with constantly changing regulations. At Precision Accounting, we help businesses and individuals across the U.S. navigate complex tax rules so you avoid penalties, maintain accurate records, and operate with confidence. Our proactive approach ensures you stay ahead of deadlines and adapt quickly to new requirements.

Business Tax Compliance Services

Our consulting services cover the full spectrum of business tax obligations, including:

01.

Sales Tax - Determining whether you need to collect sales tax, obtaining permits, and filing returns on schedule.

02.

Payroll Tax - Verifying proper withholdings, reviewing quarterly filings, and ensuring federal and state payroll tax compliance.

03.

Income Tax - Helping businesses pay estimated taxes, meet annual filing requirements, and file for extensions when necessary.

04.

Compliance Calendars - Creating personalized filing schedules so you never miss a deadline.

Explore our Payroll Services and Tax Services to see how we integrate compliance with your broader tax and accounting needs.

Tax Law Changes & Education

Our CPA-led team monitors both federal and state tax law updates to keep you informed. Whether it's a new deduction, credit, or filing requirement, we'll brief you on what matters for your business. From industry-specific changes to nationwide legislation, we make sure you're prepared well before deadlines hit.

Consulting & Process Reviews

We offer targeted reviews of your current processes to identify potential compliance gaps. This might include verifying that your in-house team is filing sales tax correctly, issuing accurate 1099s, or staying compliant with multi-state tax obligations. If you operate across state lines, we can also review nexus considerations for sales tax.

Common Questions About Tax Compliance

What taxes does a small business need to file and how often?

Most small businesses file income tax annually, payroll tax quarterly, and sales tax monthly or quarterly-though exact requirements vary by state and industry. We'll help map out your deadlines.
I received a tax notice-can you help fix this?

Yes. We can assist in bringing your business into compliance and communicating with the appropriate tax authorities.
Does tax compliance cover more than just filing returns?

Absolutely. It also includes proper record-keeping, accurate employee classification, and adherence to IRS and state rules year-round.

Preventing & Resolving Issues

Proactive compliance consulting reduces the risk of audits, notices, and penalties. If you do receive a letter from the IRS or a state agency, our preparation ensures your records are in order. And when needed, we can provide direct representation-learn more about our IRS Representation services.

Ready for Peace of Mind?

If you're unsure whether your business is meeting every tax requirement, let's do a compliance check-up. Contact us today to schedule your consultation and ensure your tax processes are on track.