OUR SERVICES
Consulting that suit your needs
TAX PREPARATION
At Lux Business Firm, we offer comprehensive tax preparation services for both individuals and businesses. Our expertise encompasses all federal and state filings, forms, and schedules, ensuring you meet every tax deadline without stress. Our team will prepare your personal federal tax return (Form 1040) along with any necessary state and local forms, as well as business returns including Forms 1065, 1120, and 1120-S. We specialize in a wide range of industries, making the process of filing your business taxes straightforward and efficient. Let us handle the complexities of tax preparation, so you can focus on what you do best.
TAX PLANNING
At Lux Business Firm, we provide comprehensive tax planning services to help our clients minimize tax liabilities and enhance financial efficiency. Here's how we assist:
1. Analyze Your Current Business Profit and Develop a Tax Plan
We thoroughly review your financial statements, assess your profits, and develop a personalized tax plan to ensure you're leveraging all available tax-saving opportunities.
2. Optimize Business Structure
We evaluate your current business entity and recommend the most tax-efficient structure (LLC, S-Corp, etc.) to reduce tax exposure and improve long-term financial outcomes.
3. Maximize Deductions and Credits
Our team identifies and applies all eligible tax deductions and credits, ensuring you take full advantage of the tax benefits available to your business.
4. Estimate Quarterly Taxes
We calculate and assist in the proper payment of quarterly taxes, helping you avoid penalties and manage cash flow effectively throughout the year.
Through these strategies, Lux Business Firm helps clients reduce tax burdens and achieve long-term financial success.
BUSINESS FORMATION
At Lux Business Firm, we offer business formation services to help you establish your company efficiently and legally. Our services include guiding you through the selection of the appropriate business structure (LLC, corporation, partnership, etc.), preparing and filing necessary formation documents, and ensuring compliance with state regulations. We aim to simplify the process, allowing you to focus on launching and growing your business.
PAYROLL
At Lux Business Firm, we offer comprehensive payroll services to ensure that your business’s payroll is managed with precision and efficiency. Our services include calculating wages, managing deductions and taxes, handling direct deposits, and maintaining accurate payroll records, all while ensuring full compliance with payroll laws and regulations. We provide detailed payroll reports and address any payroll-related inquiries. Additionally, we will e-file all necessary forms to the IRS, including 1099s and/or W-2s, ensuring seamless and timely filing for your team.
BOOKKEEPING
At Lux Business Firm, we provide bookkeeping services to help you maintain accurate financial records and ensure your business runs smoothly. Our services include tracking income and expenses, managing accounts payable and receivable, reconciling bank statements, and preparing financial reports. We focus on delivering reliable and timely bookkeeping support, allowing you to concentrate on growing your business.
