Services

FAQs

My business is not based in New Jersey. Can you help me?

Yes, we specialize in tax filings for the Northeastern states and have prepared tax returns nationwide, including multi-state filings.

I received a tax notice from the IRS or the state. Can you help me?

Yes, we have extensive experience responding to notices and abating or reducing penalties. Please contact us to see if you may qualify for penalty abatement or reduction.

If I have a business or tax question, can I ask you? Will you charge me for asking a question?

Yes, we can get you up to speed and keep you on track. Time and price estimates depend on the volume and complexity of your business.

What do you charge?

Charges vary based on the volume and complexity of your business and services needed. Services are provided as a packaged price paid monthly, quarterly or annually, depending on your business.

It’s January 1st. I didn’t keep up with my books at all for the prior year. Can you help me and file my taxes before the deadline?

In most cases, yes. In some situations, filing an extension and then filing your tax returns by the extension deadline may be most appropriate.

I am really behind on my books this year. Can you help me?

I think I’m going to miss the tax deadline, or I already missed it. Can you help me?

Yes, if a tax deadline is approaching, we can file an extension for you. If the deadline has passed, we can file your returns late. Under some circumstances, we can abate or reduce penalties for late filings.

Do you file sales tax?

Yes, we can register your business for sales tax and file and pay sales tax on your behalf. Sales tax filings may be included in a packaged price.

I already have a CPA. Can you provide bookkeeping only? Or vice versa, I have a bookkeeper but need a CPA- can you just file my tax returns for me?

Yes, if you already have a CPA, we can provide you with a quote for bookkeeping only. If you already work with a bookkeeper or have been doing your own books, we can provide you with tax services only. However, under some circumstances, additional work may be required to get your books “tax ready.” Please contact us for a free consultation.

I have a business and want to start contributing to a retirement account. Can you help me?

As a part of tax and business advisory services, we provide guidance on retirement account options and contribution amounts. For specific financial advice, we may recommend that you speak with a Certified Financial Planner (CFP).

I want to start a business but don’t quite know what I’m doing. Can you help me?

Yes, as a part of business advisory services, we can assist you with business formation. Business formation includes determining an appropriate business structure, registering your business with the IRS and state, providing guidance on concepts such as payroll, sales tax and estimated tax payments, and informing you of other best practices to set you off on the right foot for success.

Throughout the year, the majority of questions and issues will fall under your packaged price. On occasion, more complex questions or issues that fall outside of the initial agreement may be charged an additional rate.

I need to hire employees. Can you assist with payroll?

We do not process payroll in-house or file payroll reports, but we can absolutely assist and guide you with initiating services with a payroll provider, payroll-related questions and federal or state notices.

I have contractors. Do you prepare and file 1099s?

Yes, we prepare, file and send 1099s for contractors at year-end.

How can I get started or get more information?

Call (732) 503-3055 or email jessica@mysmallbizcpa.com.

I recently became a 1099 contractor. I don't really know what this means. Can you help me?

Yes, we can provide guidance on what it means to be a 1099 contractor, record keeping, deductions, paying estimated taxes, business formation (if appropriate), and retirement account options.